Merkel insists financial transaction tax must be universal - Monsters and Critics
"German Chancellor Angela Merkel said on Sunday that a tax on financial transactions would only work if it were introduced globally - but expressed little hope of the Group of 20 (G20) leading economies agreeing to this.
She was speaking ahead of a crunch meeting on the so-called Tobin Tax by European Union finance ministers in Brussels on Tuesday.
If trade unions were able to persuade G20 leaders to introduce such a tax, aimed at curbing speculation 'then I will not oppose it,' Merkel added."
A global tax on everyone in the developed world, collected by every bank in the world and fed to unions to increase public employee pay and benefits.
Not yet but they are pushing for it.
Be ever alert!
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