Thursday, December 20, 2012

Transaction Tax Fences Cliff

It is long past time the USA should institute a financial transaction tax (sometimes called "Tobin Tax"). Many American people have been burned by mechanical speculation and robo-signing. A small financial transaction tax will be a step forward for the public. Financiers need to be fenced-in, not bailed-out. They take pride in holding the nation hostage; we must clearly say  - No More.

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