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Showing posts from March, 2010

"Coup de gueule" against some French MPs

Ever since the defeat of the right-wing in the local elections  in France, some MPs of the ruling UMP party feel like they have to "do something" quickly, however stupid this thing might be. Their first demand was to cancel the project of a Carbon Tax. Their argument in a nutshell was that such a tax would only work if it was applied to most countries, that it was not a good time to introduce a new tax during a recession and anyways, taxing was a left-wing thing. I find it a shame that for once we had the opportunity to move from taxing labour (a good thing) to taxing pollution (a bad thing), but I understand that there is disagreement among economists as to what the appropriate carbon tax level should be, so... A few days later, having succeeded on their first demand, the same MPs demanded to remove the 50% cap on personal tax, arguing that this limit was preventing any new tax and that new taxes were necessary to reduce the budget deficit. What? Just a few days after havi

In Dodd we trust

More on banking reform: Jon Steward from the Daily Show pretends to be a corporation and shows all the crazy things banks have done. Thumbs Up! The Daily Show With Jon Stewart Mon - Thurs 11p / 10c In Dodd We Trust www.thedailyshow.com Daily Show Full Episodes Political Humor Health Care Reform