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.
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