The International Financial tax (Tobin Tax)

G20 has three weeks to solve eurozone debt crisis

Chancellor Merkel came out fighting on Friday. As a quid-pro-quo for devising a comprehensive eurozone solution, she suggested, the US and the UK should back plans for a Financial Transaction Tax.

“It can’t be that those – in particular outside the euro area – who repeatedly ask us for sweeping action to deal with the debt crisis, at the same time completely refuse the introduction of a financial transaction tax,” she said.

The UK has said it will only adopt a so-called Tobin tax if it is introduced internationally. At present, the US is against the idea.

Comment by Adamantine:

I despise the possibility that there would ever be an internationally agreed upon finance tax.  It would be the basis for later additional taxes and one could see it becoming the basis for a need to monitor all buying and selling if some nations were attempting to circumvent its collection. It certainly means all financial transactions would someday somehow need to be monitored.

The brave new world of the new world order seems on its way somehow someday.

The people demonstrating in the streets against the banks may be the pawns of those who desire such a tax. What else would satisfy such a general ill attitude towards banks and the wealthy?

This should move the index at rapture ready.com.

This plus the start of Greece  monitoring its people gives call for our own  ..should we call it the Herb Peters  Rec 666 index?

Herb did not live to see any of the financial shenanigans leading to the new world order but here is some of it up for discussion.

I surmise a catastrophe in the financial world will allow/force the US and other hold outs to buy into what otherwise be rejected by American people.  Starving children has always been the excuse of those who give up freedoms.

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3 thoughts on “The International Financial tax (Tobin Tax)

  1. What do you all think?

    Daniel 11:20-24

    20 “There shall arise in his place one who imposes taxes on the glorious kingdom; but within a few days he shall be destroyed, but not in anger or in battle.

    21 And in his place shall arise a vile person, to whom they will not give the honor of royalty; but he shall come in peaceably, and seize the kingdom by intrigue. 22 With the force of a flood they shall be swept away from before him and be broken, and also the prince of the covenant. 23 And after the league is made with him he shall act deceitfully, for he shall come up and become strong with a small number of people. 24 He shall enter peaceably, even into the richest places of the province; and he shall do what his fathers have not done, nor his forefathers: he shall disperse among them the plunder, spoil, and riches; and he shall devise his plans against the strongholds, but only for a time.

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  2. A common enemy – a common goal – unification of the nations.??.

    NEVER let a crisis go to waste.!!. If there isn’t one, manufacture one.!!.

    This is just too smooth, too seemingly orchestrated to be coincidence.

    G-D is in control and perhaps this is a shuffling of the dominos getting them in alignment with His agenda.

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