Blog
For banks, there was a bail out: trillions of dollars in tax money made into grants and guarantees for Wall Street. Having pillaged the mortgage market, at its height earning 40 percent every 60 days by hawking expensive mortgages for homes whose values were knowingly and artificially inflated, forcing millions into default, foreclosure, bankruptcy and ruin – for some homelessness, “Too-Big-To-Fail” was invoked and much of Wall...
By George Goehl
Executive Director, National People’s Action
On Wednesday, Congressman Keith Ellison, Chairman of the Progressive Caucus, introduced the Inclusive Prosperity Act, which would generate hundreds of billions of dollars a year through a tiny tax on Wall Street trading. It's the exact kind of bold leadership and legislation our nation needs right now. April 20th, a thousand people rallied in Washington in...
The U.S. Treasury was today renamed “A Citigroup Subsidiary, Jack Lew, Inc. CEO,” as Robin Hood and a merry band of 2,000 hoisted a banner with the Treasury building as backdrop on the corner of 15th St. NW in Washington, D.C. “Who does Secretary Lew work for?” asked Jennifer Flynn of Health GAP, one of the founding organizations of the Robin Hood Tax Campaign. “The people,” answered all. RoseAnn DeMoro, executive director...
By Deborah Burger, Co-President of America's RN Union: National Nurses United
This is a huge day," Rep. Keith Ellison announced April 17 at a press conference within view of the Capitol, referring to legislation he reintroduced for a Wall Street speculation tax with huge purpose.
Take, for example, this passage from the bill's "Findings."
"The global crisis...
