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

What the hell is Cameron doing? This could be the road to disaster.

David Cameron in U-turn over fiscal policing of eurozone

http://www.guardian.co.uk/politics/2012/jan/27/david-cameron-eu-institutions-eurozone

Cameron's concession marks a significant watering down of his previous position and represents a victory for Nick Clegg, who has been urging the prime minister to recover ground after wielding the veto. The deputy prime minister lobbied hard inside Whitehall for Cameron to drop his objections to the use of EU institutions to enforce the compact.
 
Quote from ScorpXdt:

Cameron softens his stance on Euro deal to appease Liberal Dems.



https://www.google.com/url?url=http...ameron&usg=AFQjCNGsE5g_xJRfl8Tlr5yvzuFpwgEEWw



Monday's summit will also see France reopen demands for an EU Financial Transaction Tax, which Mr. Cameron has pronounced as 'madness'.

Will he soften his stance on FTT as well???

I'm not sure exactly what angle Cameron is playing here but I would be shocked if he softened his (Britain's) stance on the ftt. How in the world would he explain that flip flop?

-Guru
 
maybe (hopefully) cameron and merkel struck some kind of deal. uk to be more open minded towards european integration, germany to drop their anti-uk tax plans (ftt). i know, wishful thinking.
 
Quote from bjw:

maybe (hopefully) cameron and merkel struck some kind of deal. uk to be more open minded towards european integration, germany to drop their anti-uk tax plans (ftt). i know, wishful thinking.

Yes I hope your right. There has to something more to this story so hopefully you are on to something here.
 
Quote from ScorpXdt:

Cameron softens his stance on Euro deal to appease Liberal Dems.



https://www.google.com/url?url=http...ameron&usg=AFQjCNGsE5g_xJRfl8Tlr5yvzuFpwgEEWw



Monday's summit will also see France reopen demands for an EU Financial Transaction Tax, which Mr. Cameron has pronounced as 'madness'.

Will he soften his stance on FTT as well???

I think, this is because the FTT will be no part of the budget pact, which they are planning to agree on, at the EU summit next Monday. Without the FTT part, i guess Cameron doesn't have the need to block this agreement.

http://www.elitetrader.com/vb/showthread.php?s=&postid=3424134#post3424134
 
Whats Cameron doing, its important to note what he has always done, pro EU over everything, including the wishes of the people he represents.

I expected him to cave on the FTT months ago, as I mention to Guru via private message, then suddenly Cameron turns into a man with a backbone and stands up against the EU in the interests of Britain and the City, at a time when paraliment and the public had the most anti EU sentiment to date, his actions certainly appeased them.

Recently article after article has hit the press with Cameron praising the free market, speaking up for capitlism, preaching it as our way out of the crisis, across the channel at the same time we have the Germans and the French doing the exact opposite, as though we are witnessing a case of good cop bad cop playing out right infront of us.

Centralisation is the main aim of the EU, always has been always will be, its a physiological technique to present a person with one option that causes stress and pain, only then to present them with another option that causes a lot less stress and pain and they will willfully accept the second option, just to avoid the first, even though if they had just been presented with the first option initially they would have never accepted it.

Its also a physiological technique to present a person with an option and then at a certain point add so much uncertainty to the future, concerning this option, by constantly giving them contradictory infomation as to if it is going to happen or not, and to what extent, that frankly the subject does not know if he is coming or going and is open to influence just to get the dam thing over, reach a conclusion with as much damage limitation as possible, or as they say, a compromise.

Cameron stands up to Europe, protects the city and bends things to his will, in the process gaining the support and renewed confidence from his people, the EU compromise upon there goals for an FTT and reduce it to a simple stamp, in the process creating a centralized EU tax that would have been viciously opposed under any other circumstance under the principle of no taxation without representation ~ Well fucking played.
 
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