Transaction Tax for all banks and financial institutions.

I know we have touched on this before, but the reality is we are heading for a hiding to nothing if we don't find a better way to generate consolidated revenue, regardless of which government is in power.

It's quite simple, we have less tax payers nowdays, more people to feed and more bills to pay. Do the math, we are going backwards.

Now may I propose a small transaction tax 'ON THE BANKS ONLY' of say 0.5%.

When you think about it, banks make their profits from 'our money'.

They use our money to make their money, so, it would only be fair that they pay us a dividend (by way of tax) every time they use 'our money'.

Included in this idea would be the need for legislation to stop the banks from simply passing these fees back on to us.

As I have stated prior, now is a fine opportunity to 'test the water' with the disaster fund.

If nothing else, it would prevent us from writing another cheque from our overdraft.

Really, what have we got to loose.

thats the whole problem...we havnt got nothing to loose
but those who make their money [only by moving money and speculating on the overnight market..

have half a percent to loose ..each time]

see half a percent is nothing..[for us who pay as we earn]
and spend our money only once
its certainly only a fraction of the gst for egsample

but for those who speculate
on the price of our food oil water power etc..
it means they pay everytime they draw money out..to make two pennies

think of those moving a billion overnight
to speculate on corn overnight
to effectivly use the same funds ..each day..
on the other side of the globe..

[each working day their account reads credit..but effectivly overnight ..is bust..!]

who by making their money work 24/7...
effectivly have their cake..
and speculate ..the inflated price of ours too

it makes the money 'look' like its twice the ammount there really is
[yes its a con..but half a percent means the con becomes unworkable

365 nights at half a percent means they are paying 365 times half a percent or 184 percent..[about what that those were conned into micro loans are paying]..

and the rich dont do that sort of service..
thats for the poor alone to worry about

they dont control politic's polititions and politricks
to pay their way...their there to lord it over the peons
paying wages-tax on ever defalating values..

[allowing the fools ..to think wage is income...lol]

recently there was a story ..on what really happend..that explained if asets devalued only 3 percentage points..the whole game they play is over..

see the root of the problem is that all money..
now in egsistance
WAS LENT INTO EGSISTANCE..

thus is owed to say your pension fund
PLUS URSURY..plus intrest
that can only be 'created'..by someone else defaulting on..their ursury obligation

hence easy credit
as long as enough keep defaulting..
the intrest can be created by others going bust

but i see eyes glazing over

they know we dont get ..how the fiat-illusion works
they just want us spending ever more cash into their franchised mone-tory system..[even if only to repay ursury.. or their loan debits and ongoing defaults]

se as long as they make ..*an intrest payment
their credit is good...and they cant live ..without credit..

so think to keep stealing ever more of ours....

so what would 184 percent do....
[raise enough income to bail them out again..NEXT TIME..[2011/2012][thats what]

it cetainly the underlying cause of this need for a new tax on the poor [the carbon tax..is hopped to offset the 3 percent fall in assets

[ok not for long..but by then they hope for a new tax..and yet another new tax and yet more taxes..[on us ..not those sending the world broke via ursurious intrest rates]..at mates overnight rates

your sceme would force them to pay their own way..link them [coorperate fictions to the little people..currently paying for it all]

no more ..us paying for all of it..[inflation and deflation]
speculation and bailout..tax etc
and them getting the bonus ,the bailout the subsidy and the cream

dont they just take the cake?

give the fed-reserve ..back to govt prudential-fudicuary managment[control][based on egsisting assets securing future credit]

the bankers have wrecked the fiat ..[by decree
money system long enough]...they tell their servants [govt]..no

and govt members ..do as they are told by their bettors

but..its all going to fall in a heap soon
best we start the means of resque today

bring in the tranny tax
dont explain...and dont complain
you lot know ..you gone too far..this time

its all been built
if govt falls ..no one gets bail
let alone corperate welfare or subsidy ..nor bailout

you leeches have sucked the teat dry
too many leeches..no more blood

the rich like bankfees
but how fair is it that i pay the same fee
as those rich who withdraw 10 million...its time for a transaction tax

as much as the rich fear paying their way
its time those who got the money..were forced to pay

we get the same claptrap with water connection fees
[most of my bill]..but then cheap user fees..in other words the basic fee sucks it out of the big and little user alike..but the water is where the cost should lie

we get the same with power
and with phone..its the same scam..connection fee
and big user get the discount..things need to change

the more you use
the more you should pay

yes its time

but the greedy guts ...abusers..wasters..bankers
have nothing to say..

and in having nothing to say..
know the problem simply goes away

becomes yesterdays news
dont think we dont notice these things