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To: Skeeter Bug who wrote (134370)	11/7/2001 5:52:39 PM
From: craig crawford	Read Replies (2) \| Respond to of 164684

sure, we have nothing to worry about when it comes to global government, right? before a global new world order can take our freedoms away they need to gain enough power first. how is that accomplished? enslave the world with a tax on global currencies. once they get the money, they get the power. once they get the power, your freedoms are within their grasp. when are americans going to wake up to this neo-communist neo-marxist bullshit!!! i will take up arms before i pay taxes to some global bullshit authority! what is proposed in this article is global slavery, pure and simple! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ WTO to Hear Calls for 'Robin Hood' Tax dailynews.yahoo.com Campaigners are stepping up calls for a "Robin Hood" tax on the global currency trade ahead of a high-level summit of the World Trade Organization (news - web sites) (WTO) in the Gulf state of Qatar later this week. A "small and simple" levy on the world's currency market could wipe out the worst of global poverty, according to a report released Monday by anti-poverty charity War on Want and leading alternative think-tank the New Economics Foundation. "A 'Robin Hood' tax on currency transactions would be an automatic and politically painless way to help pay for international targets on sustainable development," said the head of the foundation's global economy program, Andrew Simms. "The money markets can easily afford it and technology can deliver it," he said. A tax on the estimated US$1.8 trillion channeled daily through the international currency markets could raise as much as US$300 billion each year if set within the proposed range of between 10 and 25 cents per US$100 traded. The system--devised in 1978 by Nobel laureate and Yale economist James Tobin--would help quell the highly volatile markets which can plunge currencies into deep troughs. Critics of the tax say it would strengthen the dominance of the United States dollar and require complex and costly multilateral as well as national controls. The report--which proposes setting up a Global Development Commission to oversee collection and distribution of the tax--is released amid signs of a new wave of interest in the tax at government level. Earlier this year, France and Germany gave fresh impetus to the Tobin Tax "movement", coordinated largely by the France-based organization ATTAC, by pushing for the European Union (news - web sites) (E.U.) to take up the issue. At a meeting of the E.U.'s Economic and Financial Committee last month ministers from across the regional bloc called on the E.U.'s executive arm to look into the pros and cons of the Tobin Tax. The European Commission (news - web sites) is due to report on its findings next February. Over 700 parliamentarians from around the world have signed up to a petition for the tax and aim to put pressure on the U.S. Congress to debate the issue. Campaigners will be raising the issue at the WTO's ministerial meeting which opens in Doha Friday, saying that such a tax would not only help put United Nations (news - web sites) development targets back on track, it would also help keep a check on the activities of transnational corporations. The tax is one of the central demands of a pan-European trade lobby network in Doha this week which says in a statement, "part of the response to September 11th should be to reform the global economic system which leaves millions of people in poverty."