WASHINGTON Reuters – Any tax imposed on financial transactions would have to take effect internationally to keep Wall Street jobs and related business from moving overseas, U.S. House of Representatives Speaker Nancy Pelosi said on Thursday.”It would have to be an international rule, not just a U.S. rule,” Pelosi said at a news conference. “We couldn’t do it alone, we’d have to do it as an international initiative.”
Can you imagine if she were successful? A Democrat wet dream. This would go right to the heart of Socialism’s weakness. They would never run out of other people’s money.
But, of course, they would. And it would make Oil-for-Food look like a corner crap game. More of Nancy’s increasingly obvious megalomania.