National People's Action Bring Robin Hood to DC
Good ideas catch on. And Sunday saw another big step for this great idea.
This weekend saw the meeting of the National People's Action convention where more than a thousand people from across the country travelled to DC, to call for a Robin Hood Tax to win some real relief for their families and communities. People came with their voices, signs and some pretty great Robin Hood outfits.
Barb Kalbach, a a fourth-generation family farmer and registered nurse from Dexter, Iowa, and a member for Iowa Citizens for Community Improvement, said the Treasury should
"quit protecting the big banks, write down the mortgages and keep us in our homes and stop the foreclosure crisis around the U.S. Right now, today, it continues to impede the process of investigating the banks that crashed our economy. And he’s blocking a tiny tax of less than half of one percent. It’s small change for Wall Street, but big change for America."
Kalbach added, " "Wall Street has recovered well," said Kalbach, who grows corns and soybeans and is active with NPA affiliate Iowa Citizens for Community Improvement, "but the rest of America has not."
The group also called for principal reductions for underwater homeowners and an investigation of the bankers who caused the mortgage crisis. Four million Americans have already lost their homes to foreclosure and another 1.6 million are on the brink of foreclosure.