Tag: Peter DeFazio

Bernie Sanders, Member of the Progressive Caucus, Cuts to Chase with Maher



http://www.youtube.com/watch?v…

Should Wall Street Speculators, have to pay their Fair Share? w Poll



H.R. 1068
, the Let Wall Street Pay for Wall Street’s Bailout Act.

Wall Street Transaction Tax Proposed by Democrats

Ryan J. Donmoyer

Dec. 3, 2009 (Bloomberg) — A group of congressional Democrats proposed taxing large transactions in stocks and derivatives, an idea that has received a cool reception from the Obama administration. […]

.25 Percent for Stocks

The measure would be based on legislation DeFazio proposed in the House that would apply a tax of 0.25 percent or 25 basis points to stock transactions in excess of $100,000, and a levy of 0.02 percent or 2 basis points on derivatives including futures, options, swaps and credit default swaps.

Harkin and DeFazio said the proposed new levy is backed by more than 200 economists, the AFL-CIO labor union federation and business leaders including Warren Buffett and Vanguard Group Inc. founder John C. Bogle, now president of Bogle Financial Markets Research.

http://www.bloomberg.com/apps/…

DeFazio: Sacrifice 2 Jobs to get back Millions of Jobs for Americans

Pete DeFazio Slams Tim Geithner & Larry Summers  (TheYoungTurks)



http://www.youtube.com/watch?v…

Is it finally Time to Bail Out — MAIN Street ?

Wall Street HAS gotten all their Trillion Dollar Bail Out $$$$$$$$$$$$$

AND so far NOT much of it has Trickled Down to Main Street — Where it’s Most Needed!

Something ‘s got to give — and Soon!

Before Small Town America, (and Metro-America) rolls up the welcome mat, and fades into history.