The Notorious Banksters

Dear Folks,

See below.  The information below is enormously important. The power of corporations and their Wall St cohorts has increased exponentially as it is now concentrated in a one percent group (roughly 400 families and individuals) who have great power in politics. We are, as Chris Hedges writes, the colonized and they are the colonizers.

However, we still have free speech on so many levels that they do not yet control: emails, youtube, facebook, twitter, etc.  Most of all our geeks are mobilizing over l000 volunteers nationally under the Democratic National Committee to get out the vote on a level that has never occurred in a mid-term election. They will not be going house-to-house but rather email to email, twitter to twitter, etc. As in the 2012 election, they will seek people's deepest interests and needs and show them the democratic party meets those needs and interests. This is how we will counter the millions and millions going into Republican advertizing by the Koch Brothers and other billionaires.



Here is a background to what Democrats--and hopefully some Republicans--  are seeking to enact in Congress, as noted below.  There has been a history to this small tax on each Wall St trade. It was an important part of our national income for many decades after FDR. Then power brokers managed to get rid of it. England still has it. It has two benefits: has a controlling influence on Wall St and is also can be an enormous help to our financial crisis as well as neglected social needs. Encourage your Reps and Senators.

John G

-------- Original Message --------
Subject: We're Tired of Picking Up Wall Street's Tab.
Date: Mon, 24 Mar 2014 14:52:00 -0400 (EDT)
From: Beth Allen, Online Communications Director <action_alert@cwa-union.org>

Dear John,

Did you catch the news earlier this month? Wall Street bonuses are up again. (1)

The notorious banksters awarded themselves 15% more than last year. But here's the kicker: that $26.7 billion in bonus money would have been enough to double the wages of every full time employee in the U.S. making the federal minimum. (2)

Click here to put the country on a path toward prosperity for all.

It gets worse. In weeks, Rep. Paul Ryan will release his 2015 budget. We expect more attacks on the poor and working classes through cuts, while letting the wealthy and corporations off the hook.

We need a bigger, bolder progressive vision that gets us out of this cycle of cuts and puts our country on a path toward long-term sustainable prosperity. Reining in Wall Street is at the center of this plan.
If we enact a financial transaction tax we can end Wall Street speculation and generate billions in new revenue. Click here to sign our petition today to tell Congress to Support HR 1579, the Inclusive Prosperity Act.

HR 1579 would raise up to $350 billion every year. It's a dollar figure that would be transformative.
How? By implementing a minuscule tax - 0.5% - on Wall Street stock trades and other financial transactions. It's been called a Financial Speculation Tax, a Wall Street Sales Tax, and the Robin Hood Tax.

But whatever you call it, it's a bigger, bolder progressive vision whose time has come. Click here to sign our petition today to tell your Representative to stand up for the people, not big corporations, and support HR 1579.

In Unity,

Beth Allen

Online Communications Director