I THINK SARKOZY AND BROWN GET IT...

let's hope Pres. Obama and enough Democrats in Congress do too.

For Global Finance, Global Regulation
Proposals that deserve consideration include taxes on financial transactions and 2009 bank bonuses.
By GORDON BROWNand NICOLAS SARKOZY
DECEMBER 9, 2009, 10:58 P.M. ET
WALL STREET JOURNAL

We have found that a huge and opaque global trading network involving complex products, short-termism and too-often excessive rewards created risks that few people understood. We have also learned that when crises happen, taxpayers have to cover the costs. It is simply not acceptable for them to foot the bill for losses in a deep downturn, while institutions' shareholders and employees enjoy all the gains as the economy recovers.