France says EU wants global financial tax

My Way News - France says EU wants global financial tax
"French President Nicolas Sarkozy says European Union leaders will call for a a global tax on financial transactions.
He says the 27 leaders want the United States and others to back a tax at a Group of 20 summit of rich and emerging nations in Toronto next week - despite opposition from some nations.
It is unclear how exactly a global tax would work."

Maybe this is what they have in mind:

Banks have declared war -- on you
Changes are coming fast to the credit card world, and you can expect your bank to raise rates, slash credit limits, add fees and cut rewards. Consumers, brace yourselves.

http://articles.moneycentral.msn.com/Banking/CreditCardSmarts/banks-have-declared-war-on-you.aspx