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At UN, French President Sarkozy Demands Financial Transaction Tax on Banks; Tobin Genie Now Out of the Bottle Worldwide; Time to Mobilize Against Finance Capital on This Issue
French President Nicolas Sarkozy has spoken the magic words: “Tax the banks,” and this is the big news from the opening day of this year’s UN General Assembly plenary session in New York. For reasons which have much to do with internal French political struggles, Sarkozy has thus placed the central question of the age on the international agenda: Who will pay the costs of the world economic depression? Will it be the bankers, speculators, derivatives mongers, asset strippers, and hedge fund hyenas who have created the current depression through the bubble economy of the last decades? Or, as the Koch-headed dupes of the Tea Party demand, will the cost of the depression be taken out of the hide of average working people around the globe under the banner of “free-market” swindles once again? http://tarpley.net/2010/09/22/at-un-french-president-sarkozy-demands-financial-transaction-tax-on-banks-tobin-genie-now-out-of-the-bottle-worldwide-time-to-mobilize-against-finance-capital-on-this-issue/
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