[SedVictaCatoni]

Implementing a tax on financial flows will drive those transactions offshore and ruin our financial markets. It will have an effect on our economy similar to dumping sand into an internal combustion engine

Brazil once tried to impose a tax on securities transactions. Their stock market still hasn't recovered from the utter evacuation of capital which this caused. I cannot believe that a professor of economics has seriously proposed this idea, unless he is a flaming Marxist.

[SAJ]

Lula is talking about trying it again, btw -- ''new, improved'' version, dontchaknow. Yah, right.