09/03/2012
“ There are two significant initiatives to try to avert another financial catastrophe. In Europe, governments are proposing a financial transaction tax to curtail the turbo-charged speculation going on in securities markets. In the U.S., there is the Volcker rule, a key component of the Dodd-Frank financial reform bill. Canada is on record as opposing them both. To use a Lord of the Rings analogy, Flaherty and Carney are playing the supportive roles of Orcs to the Dark Lords of international finance. „
(
Source:
counterpunch.org
)
Murray Dobbin in Canada Lobbies Against US Banking Reform » Counterpunch: Tells the Facts, Names the Names

