UN socialists seek Obama support for global financial tax!
WASHINGTON (PNN) - December 14, 2009 - With illegitimate President Barack Obama attacking “fat cat bankers on Wall Street,” left-wing non-governmental organizations (NGOs) see a great opportunity to pass a global tax on financial transactions that could generate at least $700 billion a year from the U.S. and other rich countries. They are expecting Obama’s support.
The banks are a key target because of the anger that already exists against them for their roles in the global financial crisis, says a detailed 13-page memorandum from Max Lawson of the foreign aid group Oxfam.
Calling the global Financial Transactions Tax (FTT) “an idea whose time has come,” Lawson says in his memorandum that “politically the time is now” to pass such a tax. “It will take some great campaigning but I think we can do this,” he says in a message introducing the memo.
The banks are a key target because of the anger that already exists against them for their roles in the global financial crisis, says a detailed 13-page memorandum from Max Lawson of the foreign aid group Oxfam.
Calling the global Financial Transactions Tax (FTT) “an idea whose time has come,” Lawson says in his memorandum that “politically the time is now” to pass such a tax. “It will take some great campaigning but I think we can do this,” he says in a message introducing the memo.