Dean Baker - Tax wall street bankers not the middle class

so everything is play do you think that they really you have argued for a financial transaction tax a robin hood tax on every i mean and it just seems to me that um... that uh... these conversations that our revenue raising revenue um... status seems to me that and it is not dean traction leasing well it is quite striking that you know you you in the washington bureau covers curious people debate over what the washington post talks about beauty of financial speculation takes would we never get mentioned image treated like you know it's it's bizarre thing like we were you know crazy people out there you go home with a second we actually came up in the united states until the mid um... u_k_ established last time i will cause an communist you know that the parents of half of one percent on stock trade to madrid raised equivalent rolled with their side of the economy of thirty to forty billion a year just catching soccer tonight action derivatives you know credit default swaps just on trade and you know you're a state here and people look at you like a copy talk about that do you didn't end the you just has to answer all your nobody brought that up the process but we have eleven countries in european union including uh... germany stated away from some small countries that parent support him in the financial transaction pass within the year lives doesn't have everyone in the u_k_ does one have for the taxes of the nose suppose but you have you know the biggest countries within the euro sonar all behind us so to treat this like it's a bizarre idea that you know just creepy people would advocate you know i think that really speaks volumes about the nature of our politics unseen see whatever method are mostly that the world economic forum that have been invited me net surprise surprise surprise if you if you look at this situation realistically then you're left on the house i actually dean one thing that i think that is an epiphany i recently has that people seems to be more invested in the allusion then the reality they don't want to hear the truth well i think that's really true and you know it doesn't really make it hard to to make progress because obviously we're going to make headway in suppose we could get people look at the reality of say hey look we gotta change things are going in the wrong direction