They Still Don't Get It--Wall Street May Sue Obama (Jonathan Tasini, HuffPo- Organizing rally!)

[highplainsdem]

http://www.huffingtonpost.com/jonathan-tasini/they-still-dont-get-it--w_b_426984.html

Jonathan Tasini
Executive Director, Labor Research Association
Posted: January 18, 2010 10:32 AM

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.

Wall Street is threatening to sue the president over his quite modest proposal to tax the banks who created the greatest economic crisis in the past 50 years:


Wall Street's main lobbying arm has hired a top Supreme Court litigator to study a possible legal battle against a bank tax proposed by the Obama administration, on the theory that it would be unconstitutional, according to three industry officials briefed on the matter.

-snip-


To underscore, the president's proposal was quite modest, amounting to a pittance and far from what I and others support--a much broader, permanent financial transactions tax to tamp down speculation and pay for the very society (roads, schools, transportation and communications systems) that Wall Street benefits from.

But, the greed is pervasive. Wall Street still doesn't get it.

Please join us at lunchtime on January 21st in front of Goldman Sachs to let the financial elites know that Americans will no longer sit quietly and allow un-American and unpatriotic behavior that bankrupts our country. Noon-2 pm--85 Broad St, Manhattan, New York (and if you can't come, spread the word)

Americans are living through the most difficult economic crisis in the last 50 years. One in five Americans does not have decent, full-time paying work.

Goldman Sachs' behavior is un-American and unpatriotic.

Come rally on behalf of America. Come rally to demand a new economic system which rewards all Americans, not just a few.

Bring your signs and banners.

INITIAL CONVENORS:

Progressive Democrats of America
Democrats.com
Democracy for America
Jonathan Tasini For U.S. Senate

[aquart]

1. Wall Street wants to sue the country that saved their worthless asses?

Can't wait.

[Mari333]

2. assholes.

knr

and I have yet to see the dems actually get REALLY TOUGH WITH THESE GUYS AND KICK THEM TO KINGDOM COME.

[FreakinDJ]

3. We need to TAX stock purchases

Would reduce speculation and help stabilize the market place.

Let them try and sue. Most other countries already have the Stock Transaction Fee in place

[mdmc]

4. Tasini for Senate

sounds better then DLC for senate..

[TheWraith]

9. Except there's already a far better Senator in the job right now. nt

[Uben]

5. NAtionalize all banks....

....and their assets. Then let's see how they feel. Assholes.!

[GreenPartyVoter]

6. +1,000,000!!

[Fire1]

7. That is just "sick." n/t

[amborin]

8. maybe all part of the charade? the fine is pocket change, compared to this:

http://motherjones.com/politics/2010/01/unjust-wall-street-bonus

[happy_liberal]

10. unconstitutional?

Where does it say in the Constitution that our corporate suckup Congress can give away our treasury to Bankers?

[Bonhomme Richard]

11. Why shouldn't Wall Streeters do whatever they like? They know

that there are absolutely no consequences for their behavior. They truly believe that they are untouchable.

[rateyes]

12. Fuck the tax on the banks. TAX the BONUSES at 99%, and all

income over 2 million at 95%.

[highplainsdem]

13. kick