Politics

As the finishing touches are put on the world’s first regional Robin Hood Tax/Financial Transaction Tax (FTT) across most of Europe’s major economies, there’s one small country that would have plenty of reasons to get on board: Ireland

With that in mind we’re excited to announce that Robin Hood Tax Ireland is launching this week! And it’s needed now more than ever.

Over the weekend, 12,000 people gathered in Phoenix to hear Bernie Sanders’ impassioned speech on raging economic inequality. In a red state, press took notice that front and center, there was a prominent contingent of green pointy hats. Which left a burning question: What was with all the gigantic Bernie Sanders Robin Hood heads?

 

Across the country —from Palo Alto to El Paso, Maine to Miami—nurses and other activists rallied today in the late winter sun to lobby Congressional lawmakers for a tax on Wall Street’s riskiest transactions.

In his Pulitzer Prize-winning book, Inhuman Bondage: The Rise and Fall of Slavery In The New World, the historian David Brion Davis contends that ownership is not necessary for enslavement. What is, he posits, is debt, or the vassal’s “perpetual condition of dishonor,” which provides the “master class with a resource for parasitic and psychological exploitation,” imposing on the slave a type of “social death.”

While the federal Government is threatening to raise the GST and embarking on the privatisation of public health services, G20 leaders are meeting in Brisbane. They are all saying the same thing: the path to growth is austerity and privatisation – but these are actually the ingredients for further inequality in our society.

From Maine to California, nurses, students, HIV/AIDS and community activists, took to the streets today calling on Congress to fulfill the quest of Dr. Martin Luther King Jr.’s fight for economic justice by enacting a tax on Wall Street speculation to fund efforts to reverse inequality.

 "The Inclusive Prosperity Act would make Dr. King proud," said Rep. Keith Ellison at a kick off press conference in Washington against the backdrop of the U.S. Capitol.  

“Jobs Data Is Strong, but Not Too Strong, Easing Fed Fears,” announced the New York Times headline last week. What underpins this claim was an addition of 195,000 jobs in June, enough to sustain an unemployment rate of 7.6%.

President Obama’s speech this week at Georgetown University in Washington, D.C., acknowledged the over-arching significance of climate change, calling for America to “help forge a truly global solution to this global challenge by galvanizing international action to significantly reduce emissions, prepare for climate impacts, and drive progress through the international negotiations.”    
 

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."

This week, after four years of litigation, investors in Citigroup had their day in court, winning a settlement of $730 million in their class action suit brought in federal court  in Manhattan.   The investors claimed they had been “misled” by the big bank’s disclosures during the years 2006-2008, that is, the period leading up to the financial crisis.

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