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Obama Endorses Global Taxes on Eve of U.N. Summit - to drain even more wealth out of the U.S. economy.

"The proposal, popular at the United Nations for decades and long-advocated by Fidel Castro, is called the Tobin Tax and named after Yale University economist James Tobin. Steven Solomon, a former staff reporter at Forbes, said in his book, The Confidence Game, that such a proposal “might net some $13 trillion a year…” because it is based on taking a percentage of money from the trillions of dollars exchanged daily in global financial markets."

9/16/2010 3:06 PM

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