Blog: Financial transaction tax
by DEBORAH BURGER, co-president of National Nurses United
The nation is now considering cuts to Social Security that would take away a week’s grocery money from elderly women, many already living at the margins. They will join some of the nation’s children eating less, as 10 percent of U.S. households with children are “food insecure” during the year, according to government data. Last month the...
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...
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...
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...
