1/4% Tax on all stock trades pushed in NY Times today

A lot of discussion on the deficit today with Geithner suggesting using remaining Tarp funds to pay it down some. As long as the U.S continue to be in dire straits in need of revenue, we're in the crosshairs. It's an absolute given that taxes are going up across the board, and hopefully we dodge the bullet, but I don't know. I think 2010 elections are critical for us.
 
Not really relevant for this topic, but can someone please explain to me why they even talking about paying deficit with TARP money? Is it not just taking money from one bucket and putting it to another one?
 
Seems Brown wont quit, he is sending a team to lobby the IMF to atleast put the tax under consideration for the report due in April about ways to finance future crisis's. So far the IMF has struck down the idea and said they were not even considering it for thier report. Guess Brown is trying to save face, you gotta figure either way: If the IMF agrees to atleast look at it which they orignially said they would but they said they favored the insurance fee anyways , the IMF would be just trying to appease the Brits but still bias toward the fee. If they do not agree to look at it, more egg in the face for Brown. I figured they would look at it either way and still go with that they liked and stated, the insurance fee, so no harm to look at it to appease Britian and then shoot it down:)

http://www.guardian.co.uk/business/2009/nov/12/financial-crisis-regulators
 
Quote from rsikit:

Seems Brown wont quit, he is sending a team to lobby the IMF

http://www.guardian.co.uk/business/2009/nov/12/financial-crisis-regulators
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"But Britain is determined not to let the idea drop, and government sources said the senior Treasury team, which has already flown to the US capital, would hold meetings with representatives of other G20 economies and senior IMF staff. "We will be engaging constructively," said the source."

Let's keep our eyes peeled for an outcome of this meeting presumably happening today or tomorrow.
 
It seems like they just want it to be in consideration among the other options as well, they are trying their best to get it considered as so Brown doesnt look like that much of an ass at home. We shall see what the IMF states after this, although they might not say anything publically.
 
re: The Guardian Newspaper and website

Look at the overall source of this news organization and it's political slant. It is not so much that Brown won't let it drop but rather this left-leaning news org won't let it drop.
 
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