Dr. Da Vid Raphael, who heads the Light Party, a wholistic new political paradigm party, is urging congress to implement a tax on currency trades that hes positive would save the country from going broke.
Its called the Tobin Tax, which was first concocted by Nobel laureate James Tobin, and Raphael says the thought came to him in a heated moment.
He says, I was sitting in my hot tub meditating about the economic crisis and then it was like, BOOM! The Tobin tax could totally solve the whole freakin problem!
Raphael says the tax would generate $300 billion dollars annually, which would stabilize the whole market and save us from destitution.
Though he admits hes no super duper economist, Raphael is sure the Tobin Tax would be the answer to Americas financial woes.
He says, We gotta get politicians talking about this. Its a gold mine thats never been tapped.
(Contact numbers available only to subscribing media or trial media users. You can request samples at the Wireless Flash web site.)
Copyright © 2008 Wireless Flash News Inc. All rights reserved. Wireless Flash® and FlashNews® are registered trademarks of Wireless Flash News Inc.