PEACE BE UNTO ALL THE TRUTHERS,SEEK KNOWLEDGE FROM CRADLE TO GRAVE

''MAKE SURE TO ALWAYS CLICK ''OLDER POSTS''AS FRONT PAGE DOES NOT CONTAIN '' FULL CONTENTS OF DAILY POSTS AND UPDATES''


Monday, June 27, 2011

Nurses Union Mobilizes on Wall St. http://labornotes.org/2011/06/nurses-join-international-push-bank-trade-tax

Hundreds of nurses and their allies rallied on Wall Street Wednesday as unions in 40 nations around the world demonstrated in support of a tax on trading stocks, bonds, and derivatives. The tax, already in place in Britain and parts of Asia, could generate up to $350 billion a year in the US, saving 1.75 million homeowners from foreclosure. Currently, stock traders buy stocks tax-free. Deb Burger, co-president of National Nurses United, said politicians’ oft-repeated phrase: “shared sacrifice” was “a bunch of hooey,”

adding: “They haven’t given a thing.” The union plans to mount populist appeals since legislative initiatives have proved unproductive. NNU executive director Rose Ann DeMoro said people understand the rich must pay a bigger share. She added that, as unions begin to realize their allies aren’t in boardrooms or statehouse corridors, they could make a powerful statement by moving out of Washington’s “hub of corruption.

No comments: