{"id":17594,"date":"2010-01-29T17:21:19","date_gmt":"2010-01-29T17:21:19","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/mervyn_king_rubbishes_gordon_browns_tobin_plan\/"},"modified":"2010-01-29T17:21:19","modified_gmt":"2010-01-29T17:21:19","slug":"mervyn_king_rubbishes_gordon_browns_tobin_plan","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=17594","title":{"rendered":"Mervyn King rubbishes Gordon Brown&#39;s Tobin plan"},"content":{"rendered":"<p>Gordon Brown\u2019s attempts to cast himself as the architect of financial reform were dealt a humiliating blow on Tuesday after the Governor of the Bank of England rubbished the Prime Minister\u2019s flagship proposal and allied himself with President Barack Obama.<\/p>\n<p>Addressing the influential Treasury Select Committee, Mervyn King dismissed Mr Brown\u2019s plan for a tax on financial transactions, the so-called \u201cTobin tax\u201d\u009d. He said: \u201cI don\u2019t know anyone on the international circuit who\u2019s enthusiastic about it &#8230; Of all the measures being considered, the Tobin tax is probably at the bottom of the list.\u201d\u009d<\/p>\n<p><a href=\"http:\/\/www.telegraph.co.uk\/finance\/financetopics\/financialcrisis\/7079257\/Mervyn-King-rubbishes-Gordon-Browns-Tobin-plan-allies-himself-with-Barack-Obama.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gordon Brown\u2019s attempts to cast himself as the architect of financial reform were dealt a humiliating blow on Tuesday after the Governor of the Bank of England rubbished the Prime Minister\u2019s flagship proposal and allied himself with President Barack Obama.<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=17594\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,50,149,199,151,599,587],"tags":[],"class_list":["post-17594","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-economy","category-england-uk","category-politics-in-general","category-stock-market","category-taxes"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/17594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17594"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/17594\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}