A Quote by George W. Bush
Anyone engaging in illegal financial transactions will be caught and persecuted.
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One measure for promoting both stability and fairness across financial market segments is a small sales tax on all financial transactions.
On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States.
We will talk to the CIFAS members, financial institutions, about the possibility of closing accounts of people who have no right to be here. If you're going to create a hostile environment for illegal migrants... access to financial services is part of that.
A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.
The British have been particularly shy about the issues of financial regulation, and attentive only to the interests of the City - hence their reluctance to see the introduction of a tax on financial transactions and tax harmonisation in Europe.
Cash as a physical entity will virtually cease to exist, with coins and checkbooks consigned to museums. As people conduct their financial transactions on hand-held devices made secure by advanced biometrics, even tipping will be done electronically.
FinCEN directs financial institutions to file suspicious activity reports (SARs) to inform law enforcement of certain types of cyber-enabled crime. As the agency charged with protecting the United States from financial crime, FinCEN's guidance does not deem financial institutions who process such transactions to be involved in a criminal activity.
One measure for promoting both stability and fairness across financial market segments is a small sales tax on all financial transactions - what has come to be known as a Robin Hood Tax. This tax would raise the costs of short-term speculative trading and therefore discourage speculation. At the same time, the tax will not discourage "patient" investors who intend to hold their assets for longer time periods, since, unlike the speculators, they will be trading infrequently.
Getting in the middle of financial transactions is a regulatory minefield.
We must send the message that if you use illegal drugs, you will pay the ultimate price by not playing an entire season. And if you get caught again, you will be banished for life.
I see it as very important that taxpayers have access to all financial transactions.
If the relationship between you and your money is harmonious, regardless of how much you have, your financial transactions will be harmonious as well.
Racial discrimination is illegal. It's illegal in the United States. It's illegal in Arizona. It has been and it will continue to be.
We need to have a tax system that rewards work and not just financial transactions.
Illegal immigrants are beginning to comprise a black market class of workers in our society, jeopardizing the financial health of companies which play by the rules, while themselves vulnerable to the exploitation by those willing to take advantage of their illegal status.
Anyone interested in the past, present, or future of banking and financial crises should read The Bankers' New Clothes. Admati and Hellwig provide a forceful and accessible analysis of the recent financial crisis and offer proposals to prevent future financial failures. While controversial, these proposals--whether you agree or disagree with them--will force you to think through the problems and solutions.
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