Tag Archive | "Tobin Tax"

Episode 157: Deval Patrick Destroyed Peoples’ Jobs; The $1.5 Trillion Haul From A Tax on Wall Street

Deval Patrick has become very, very rich since leaving the post of Massachusetts governor. That’s what happens when you become a managing director of Bain Capital, one of the behemoths in the private equity industry. Patrick became rich working for a company—being a managing director of a company—that has screwed thousands of workers, especially 30,000 […]

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Wall Street, We Can Hold YOU Hostage

    In some ways, the worst phenomena in political and public life is the way in which we–the people–give over power to the financial and corporate elite partly because we internalize marketing phrases and economic nonsense beaten into our brains over 30 years by the brain-dead traditional media and a capitulation by the political leaders […]

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The Deficit Zealots and Their Media Enablers

    I understand why many people do not expect much from most of the traditional media–particularly The New York Times. People don’t get the sense that the traditional media can get out of its own insular thinking to do hard, independent reporting about the facts.    The newest drumbeat being pushed by the traditional media […]

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They Still Don’t Get It–Wall Street May Sue Obama

They robbed Americans of their future. They cost perhaps a generation of hard-working people a decent pay check. And they left millions of people with empty 401(k)s, with some seniors being booted from their retirement homes because there was no money left. And, yet, they still don’t get it–or maybe they truly don’t care.   […]

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Wall Street: Cough Up $350 BILLION For The People

One of the biggest challenges that we face as a country is not that we lack money or wealth–we have plenty of money. Rather, we have a distorted set of priorities and an ideological frame that walls off many possibilities to create a decent society. For example: the belief in the so-called "free market" that […]

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Some Sanity From Across The Pond

   The Wall Street Journal has this today, reporting on a spat between British Prime Minister Gordon Brown and Treasury Secretary Tim Geithner: On Saturday, the U.K.’s Mr. Brown surprised many attendees by throwing his weight behind the idea of levying a tax on financial transactions and using those funds to pay for future bank […]

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A Global Tax On Finance

A bit of a lateish post here today (I know, everyone is just crushed). I wandered down to Wall Street to see the new president of the AFL-CIO give one of his first–perhaps his first–public speech since taking over the federation last week. Here is Trumka on the left–to his left is Liz Schuler, the […]

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