[fyeg_gen-l] Understanding European Governance ? - in context of Tobin Tax (Dante-Gabryell Monson)

Dante-Gabryell Monson dante at ecobytes.net
Sat Jul 2 03:29:30 CEST 2011


Thanks Maarten for these clarifications.

By the way, recent developments :

http://www.guardian.co.uk/world/2011/jun/29/ec-proposes-tobin-style-taxes

What looks more and more to me as a "Eu Government" wants more autonomy
from/over(?) its treaty member nation states what concerns its funding - in
effect, creating a supranational state... ?

With apparently no direct elections what concerns the councilium of the EU
and the Commission of the EU
- who seem to have the power to initiate "Treaty of Lisbon" EU wide laws /
directives - ,

and a rather weak elected EU parliament ,
 - with a weak legitimacy ? less then 50 percent of the population in age of
voting participating in EU Parliament elections ? -

http://www.guardian.co.uk/world/2011/jun/29/ec-proposes-tobin-style-taxes

EU calls for 'Tobin' tax in a move to raise direct revenue

European commission unveils trillion-euro budget plan and wants bigger share
of its spending to come from tax revenue or other levies that go
automatically to Brussels

On Fri, Jul 1, 2011 at 7:12 PM, Maarten Lucas <maarten.luc at gmail.com> wrote:

> Hello
>
> What the Belgian situation concerns, I can tell as a Belgian that it may be
>  possible the tax will be granted. At the moment, we have a real Parlementary democracy and we vote on bills with a majority of seats, regardless of who's in power in the goverment. So, for example, there probably will be a new pensionbill passed next autumn (if there aren't new elections by then, which are also a big possibility).
>
> But in my opinion, and also according to the majority of the seats of the federal parlement, it won't be a good idea to introduce such a tax on state-=
> level. It must be on the level on the Union. Also, Belgium has a right-wing majority in seats. So because of not having a full government and therefor=
>  a complete parlementary democracy, we will have loads of more right-winged bills then we're used to (the social-democrats have been in power for the =
> last fifty years in a row in Belgium, so it's a real adaptation from now on). Last week a new bill to heavily reduce the means for migration has passe=
> d the parlement, which proves this.
>
> So frankly, I don't think Belgium will pass a Tobin Tax the next few years. Not because we don't have a full government (some things even work signifi=
> cant better then with one), but because we have the wrong parties in the majority of the seats.
>
> greetings
> Maarten
> Jong Groen! (Flanders/Belgium)
>
>
> 2011/6/29 <fyeg_gen-l-request at listi.jpberlin.de>
>
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>>   1. Understanding European Governance ? - in context of       Tobin Tax
>>      (Dante-Gabryell Monson)
>>
>>
>> ----------------------------------------------------------------------
>>
>> Message: 1
>> Date: Wed, 29 Jun 2011 17:25:42 +0200
>> From: Dante-Gabryell Monson <dante.monson at gmail.com>
>> To: fyeg_gen-l at listi.jpberlin.de
>> Subject: [fyeg_gen-l] Understanding European Governance ? - in context
>>        of      Tobin Tax
>> Message-ID: <BANLkTimt-4e_gnhBpCT5hogxyHbispE7tA at mail.gmail.com>
>> Content-Type: text/plain; charset="windows-1252"
>>
>> Below, a press release<
>> http://www.greens-efa.eu/fr/financial-transaction-tax-3348.html>showing
>> the interest from the European Parliament in relation to Financial
>> Transaction Taxation.
>>
>> //
>>
>> I wish to discuss it on the forum,
>> though at the moment it seems to be blocked !?
>> http://fyeg.org/forum/
>>
>> //
>> *
>> *
>> *further notes, on how difficult in might be to actually adopt such
>> financial transaction tax through elected representative political
>> procedures :*
>>
>> The Parliament seems, in my current understanding, to have only a limited
>> influence :
>> *a diluted power to approve or reject directives made by the European
>> Commission.*
>>
>> [image: image.png]
>>
>> ( link to image - wikipedia
>> )<
>> http://en.wikipedia.org/wiki/File:European_Union_legislative_triangle.svg
>> >
>>
>> Based on the report below, it feels like the EU Parliament does not have
>> the
>> power to choose the laws it wants to vote on, and which have precedent on
>> all other national and regional legislations.
>>
>> It seems to me that the combined powers of the EU Parliament and of all
>> the
>> other National and Regional Parliaments is less then that of the European
>> Commission and the European Council.
>>
>> It seems - based on my current knowledge - that the EU Parliament, in
>> relation to proposals for directives, is merely relegated to a pressure
>> group with some kind of attention from media, towards a population which
>> has
>> no powers to elect nor the European Commission, not the President of the
>> European Council , or more exactly the Councilium of the European
>> Union<http://en.wikipedia.org/wiki/Council_of_the_European_Union>
>>
>>
>> The EU Parliament seems to have even less powers then the Council of the
>> European Union , as the Council seems to have the power to initiate EU law
>> itself :
>>
>> http://en.wikipedia.org/wiki/Council_of_the_European_Union
>>
>> *" In a few limited areas the Council may initiate new EU
>> law<http://en.wikipedia.org/wiki/Law_of_the_European_Union> itself.
>> "*
>>
>> Hence, overall, the framework for political "democratic"
>> accountability<http://en.wikipedia.org/wiki/Accountability>seems to be
>> very limited, despite the EU Commissioners needing to be
>> approved once every few years by the European Parliament, a European
>> Parliament which itself is, at the scale of the population of the EU who
>> voted, apparently not very legitimate, considering the low voting turnout.
>>
>> http://en.wikipedia.org/wiki/European_Parliament_election,_2009
>>
>>
>> http://en.wikipedia.org/wiki/Elections_in_the_European_Union#Voter_behaviour
>>
>> *"In 2009, the overall turnout was just 43%"*
>>
>> -------
>>
>> http://www.greens-efa.eu/fr/financial-transaction-tax-3348.html
>> Financial transaction tax European Parliament keeps pressure on for
>> European
>> FTT
>>
>> The European Parliament today reiterated the call for the introduction of
>> an
>> EU-level financial transaction tax, as part of a report on innovative
>> financing adopted by MEPs. The Greens have long called for the
>> introduction
>> of a financial transaction tax and welcomed the vote, with Green MEP
>> *Philippe
>> Lamberts* commenting:
>>
>>
>>
>> *"The EP has kept the pressure on for the introduction of a financial
>> transaction tax at EU-level. While the ultimate goal should be to
>> introduce
>> a global FTT, there are clear benefits for the EU to push ahead on its
>> own.
>> MEPs have today urged the Commission to take steps to this end.*
>>
>> **
>>
>> *"The Greens have long championed the introduction of a financial
>> transaction tax both as a means of curbing harmful speculation and as a
>> new
>> source for generating public revenue. As well as being a potentially
>> significant source of revenue at a time when national exchequers are under
>> strain, a financial transaction tax is socially just. A FTT would also
>> clearly address the systemic risk emanating from high-frequency trading,
>> acting as a disincentive for risky speculation. It is time for the
>> Commission and member states to stop stalling."*
>>
>>
>> The petition thing is the "European Citizens' Initiative" which
>> coincidentally enough was just launched today and there is even a
>> conference
>> starting now on it!
>>
>> The Greens have also created a website (http://www.eci-greens-efa.net/)
>> that
>> will function as a sort of hothouse/message board to allow people all over
>> Europe to get together to launch one of these initiatives.
>>
>>
>>
>> Livestream of conference now: http://www.greenmediabox.eu/live/eci/
>>
>>
>>
>>
>>
>> Date: Wed, 29 Jun 2011 15:44:10 +0200
>> Subject: Re: article trends : 2 Belges sur 3 veulent taxer les
>> transactions
>> financi?res
>> From: dante.monson at gmail.com
>>
>>
>> Unfortunately, the situation of the current Belgian "caretaker" Government
>> may not make it possible to bring forward and apply such Tobin Tax
>> measures.
>>
>>
>> And even if it did
>> ( although I would need some more expert opinion on this )
>> my current understanding is that
>>
>> the European Commission drafts directives can block or over-rule national
>> or
>> regional decisions.
>>
>> To my current understanding, directives of the European Commission
>>
>> http://en.wikipedia.org/wiki/European_Union_law
>>
>> only need to be approved by the European Council and the European
>> Parliament
>> - not by national governments.
>>
>> To my current understanding, it is not the european parliament which
>> drafts
>> law proposals at a european level.
>>
>> For the European Commission to "consider" to draft or change a directive,
>> there is the "option" to make a petition converging one million
>> signatures. ( under specific conditions - percentages from each country,
>> etc
>> )
>>
>> And even after such petition asking for writing or modifying a directive,
>> there is no obligation for the commission to follow suit on such request
>> by
>> one million people.
>>
>> ///
>>
>> European Union - Democratic ?
>>
>>
>>
>> 2011/6/29 Michel strong social support for tobin tax in belgium:
>>
>>
>>
>> ---------- Forwarded message ----------
>> From: *Dante-Gabryell Monson* <dante.monson at gmail.com>
>> Date: 2011/6/29
>> Subject: article trends : 2 Belges sur 3 veulent taxer les transactions
>> financi?res
>>
>>
>> 2 Belges sur 3 veulent taxer les transactions financi?res
>>
>> http://trends.rnews.be/fr/economie/actualite/banque-et-finance/2-belges-sur-3-veulent-taxer-les-transactions-financieres/article-1195046610002.htm
>>
>> lundi 27 juin 2011 ? 16h58
>>
>> *67 % des Belges sont favorables ? l'introduction d'une taxe sur les
>> transactions financi?res, selon un sondage Eurobarom?tre publi? par le
>> Parlement europ?en. C?est plus que la moyenne de l?UE*
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