EU Commissioner Jose Manuel Barroso stunned the City on Wednesday by calling for a tax on all transactions they make. From 2014, banks would be asked to pay a percentage of every deal to generate £40BILLION a year. He shouted: "It's a question of fairness. If all the sectors of the economy pay a contribution to the society, the banking sector should also give a contribution." The rant mirrored his first public appearance in 1976. Then, as a member of the Reorganized Movement of the Party of the Proletariat young Jose was filmed criticising Portugal's "bourgeois education system". The party based its ideology around China's infamous leader Mao-Tse Tung who called bankers the "class enemy". Mr Barroso then switched to Portugal's right-of-centre Democratic Popular Party, and climbed the political ladder. He has played the hardman before, warning the Irish to vote in favour of the Lisbon Treaty three years ago. British voting patterns could upset his latest plot. The Treasury says it will block his levy as the EU-wide tax would hammer the UK. One banking expert said: "He just sees a quick way of raising cash."
EDITED BY STEVE HAWKES
EU’s Maoist chief chasing our bankers
Friday, 30 September 2011
Rant ... Jose Manual Barroso, top, and right as a young man, and Mao-Tse Tung
BANKERS should be afraid — very afraid. The new man gunning for them is a former Maoist revolutionary.
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