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crossposted from Economic Populist.

As I was saying over there it seems like a time limited Tobin Tax to prevent capital flight may be in order.  A 5-10% tax on capital transfers out of countries could prevent a great many bank runs.

And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg

by ManfromMiddletown (manfrommiddletown at lycos dot com) on Thu Oct 2nd, 2008 at 02:32:57 PM EST

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