To Kick Off Stepped Up Campaign to Tax Wall Street; To Help Spur Actions for the 99% and a Wall Street Tax to Heal America
Silver Spring, Maryland–(ENEWSPF)–January 6, 2012. Kicking off the new year in which the ongoing economic crisis will continue to plague millions of American families, the nation’s largest nurses’ organization today unveiled a dramatic short video, “A Nightmare on Wall Street” to renew the push for a tax on Wall Street speculation to raise critically needed funds to heal America.
The video, depicting a Wall Street executive’s imagined encounter with those who lost jobs, homes, businesses, educational opportunity and retirement accounts as a result of Wall Street’s misdeeds and “too-big-to-fail” government policies can be viewed below:
Watch and share this video directly from youtube here: http://youtu.be/esJ4Up1qyiU
It can also be viewed on a revamped website , www.ProtestInTheUSA.org, also sponsored by the 170,000-member National Nurses United. The website, whose mission is to provide protest news, video content and commentary about protest in behalf of the 99%.
The website also provides information on “Upcoming Protests” and “Why Tax Wall Street” pages, as well as a listing, “Resources of the 99%”. Visitors are asked to sign a Petition to Support a robust Financial Transaction Tax on Wall Street, and upload details and videos about protests in which they are involved.
The ad was produced for NNU by Northwoods Advertising of Minneapolis, MN.
Both projects follow a year in which NNU members protested on Wall Street, at scores of Congressional field offices, in front of the Chamber of Commerce national HQ, the White House and the Treasury Department in D.C., as well as at the G-20 Summit in France, and as participants in Occupy Wall Street actions – staffing first aid stations across the country.
Everything that sparked the protests – terrible economic inequality, unemployment, turning people out of their homes—the policies and practices of the 1% – are still very much with us,” said Karen Higgins, RN, co-president of NNU. “Our new website is an outlet for the Occupy Movement, for all protest for social justice, and provides an alternative to the ‘horse-race’ reportage of the 2012 election season.”
The nurses have been calling for a tax on Wall Street speculative trading as a starting point in generating revenue for distressed communities. Nurses have observed throughout the year that enduring economic hardship is doing serious harm to their patients and communities. A financial transaction tax, called a “Robin Hood Tax” in Britain, would at the proper level raise as much as $350 billion a year in the U.S.
“The time is now for a meaningful financial transaction tax on Wall Street,” said Higgins. “The nurses will not let up in our pursuit of real solutions to heal our economy which must be put back on track and Wall Street is the place to start. This is the critical year.”
Nurses point out that compensation pools at the seven biggest U.S. banks totaled $156 billion in 2011 (including salaries, benefits and bonuses), a 3.7% increase over the previous year’s record-breaking number.