Turner's Tobin tax treatment

Sir, – I see Martyn Turner has led the way towards critical analysis of the role of the “City of London” vampire mafia (December…

Sir, – I see Martyn Turner has led the way towards critical analysis of the role of the “City of London” vampire mafia (December 10th), in defence of which British Prime Minister David Cameron is staging a walk-out of the UK from the euro rescue process.

Why have our economic analysts been so reluctant to promote the Tobin tax on transactions in the global financial casino? Saturday’s cartoon deserves to be framed and hung in a place of honour. – Yours, etc,

ROY JOHNSTON,

Rathmines Park,

Rathmines, Dublin 6.