Flashback: Robin Hood Tobin Tax is an Transaction-Tax Scam

Robin Hood Tax: Occupy Movement Now Marching Straight into the Globalist Trap

The Robin Hood Tax is an identical transaction-tax scam to the one proposed by globalists at the 2009 UN COP15 Climate Summit in Copenhagen

October 25, 2011

Patrick Henningsen, Infowars.com - It was inevitable that a movement which has struggled to agree on a manifesto, in the end, would do the bidding of the very elite globalist powers that they are demonstrating against to begin with.

Instead of achieving freedom from Central Bank debt enslavement, naive Occupiers appear to have taken the bait, pulling the mob towards endorsing a global taxation system, and one to be administered… by a brand new global government body.

As the Occupy Movement sets its sights on the upcoming G20 Summit in France on November 3-4, its globalist handlers behind the scenes have succeeded in carefully directing its crowds towards the Holy Grail of all socialist super-states — the celebrity supported, trendy “Robin Hood Tax”, also known as a Tobin Tax, a financial transaction tax levied on all transactions involving shares, bonds and derivatives.

It’s likely that such a blanket tax will eventually end up on the end of things like cash withdrawals and the like.

They claim that the resulting funds, counted in the hundreds of billions of dollars per year, would go toward popular Bono-led liberal heart-string fantasy causes like ‘reducing poverty in the third world’, social programs and— surprise, surprise — “combating climate change” and perhaps even saving polar bears — a move that would surely please desperate men like Al Gore (but a complete waste of money seeing that man-made global warming has already been thoroughly discredited).

The rallying cry for this globalist wet dream is coming directly from the supposed brain-child of the Occupy Movement, the globalist foundation-funded organization, Ad Busters, quietly shepherding its flock towards one of the biggest revenue spinning and control scams ever conceived.

Reuters reported yesterday:

“Canada-based Adbusters wants the Occupy Wall Street protest movement against economic inequality to take to the streets to call for a 1 percent tax on such deals ahead of a November 3-4 summit of the Group of 20 leading economies in France.

“Let’s send them a clear message: We want you to slow down some of that $1.3 trillion easy money that’s sloshing around the global casino each day — enough cash to fund every social program and environmental initiative in the world,” the activist group said on its website, www.adbusters.org.

Adbusters put out the initial call for Occupy Wall Street and since protesters set up camp in a park in New York City’s financial district on September 17, they have inspired solidarity demonstrations and so-called occupations around the world.”

In many ways, the Robin Hood Tax is an identical transaction-tax scam to the one proposed by globalists at the 2009 UN COP15 Climate Summit in Copenhagen, where a number of new taxes on financial transactions and new carbon taxes would be put into a giant “slush fund” to be handled by none other than the World Bank.

Ultimately, any Robin Hood Tax will most likely end up in a giant fund to “ensure that banks are adequately capitalized”, and one which will be used to bailout, or insure big bank losses and trillions in gambling derivative bets gone bad.

In reality, a Robin Hood Tax does just the opposite of what its name represents. Rather than stealing from the rich and giving to the poor, it is designed to steal more money through taxation from working people — money which will end up directly in the hands of institutions like the US Federal Reserve and its cartel of Wall Street banks.