Nurses join Occupy SF to march for tax (on financial transactions)

[alp227]

Source: SF Chronicle

About 200 nurses joined Occupy San Francisco protesters Thursday and marched from the Federal Reserve building up California Street to Wells Fargo Bank's main branch, promoting a tax on financial transactions.

The lunchtime march, organized by the California Nurses Association, was loud but orderly and free of violence, vandalism or even confrontation. San Francisco police escorted the march, which filled the westbound lane of California Street for about a block to the bank's front door.

Half-dozen police officers, wearing baseball caps but holding riot helmets, calmly guarded the front door as several speakers advocated the so-called "Robin Hood tax" and other financial and health insurance reforms. The nurses' union has advocated the tax since early in the year, well before the Occupy Wall Street movement began.

"We're very excited to be able to join with Occupy to take this to the next step," said Liz Jacobs, a registered nurse and spokeswoman for the California Nurses Association.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/11/03/BA1N1LQAM2.DTL

[Autumn]

1. Obama said," We are going to do this", re the financial

transaction tax. On Rachel's show,this was brought up last night and tonight. So what happened? K/R

[dreamnightwind]

3. Summers and Geithner

I believe it was opposed by both Summers and Geithner. I recently read an article where Geithner flew to Europe to discourage the EU from implementing a financial transaction tax (among other reasons for his visit). I looked for the link but apparently didn't bookmark it. Anyway I think that sadly is the situation. We need to get Obama to replace Geithner with someone responsive to the needs of the 99%.

[Autumn]

5. So he wanted to do it but Summers and Geithner said not to.

That's pretty weak of him. I think Obama should be responsive to the needs of the 99%. That's why he got our votes.

[defendandprotect]

2. K/R ---

[sam11111]

4. perspective on trickle down's effects

(graph is from Wikipedia, on page linked here about 90% of the way down)
http://en.m.wikipedia.org/wiki/Income_tax_in_the_United_States

The Top Tax Rate - ( its history )