Robin Hood, nurses, Woody Guthrie and Friends of the Earth: Let's tax Wall Street!
Posted May. 30, 2012 / Posted by: Karen Orenstein
For almost 15 years now, I’ve been doing human rights and environmental advocacy work -- most of it in Washington, D.C. Just about anyone who has done that sort of thing for more than a decade in the belly of the beast (a.k.a, the nation’s capitol) can attest to how it jades you. I’m no different. That’s why I was so pleasantly surprised by how sincerely inspired I was by National Nurses United and the Tax Wall Street rally they organized in Chicago’s Daley Plaza on May 18.
As the G8 Summit got underway in rural Maryland and Chicago police went into paranoid security overdrive for the NATO Summit taking place in the Windy City, the nurses opened up a weekend of righteous protest citywide with the People’s G8 Summit. (Though originally slated to be held in Chicago, the G8 was moved to Camp David -- rumor has it because the prospect of thousands of nurses protesting in the streets scared them off.)
At a time when public funds are deemed scarce and fiscal austerity is preached as sacred dogma, a Robin Hood Tax would create a new source of revenue to pay for desperately needed public goods, like funds to help developing countries deal with climate change and to provide healthcare and education for all, in the U.S. and globally.
Guitar god and rad activist Tom Morello of Rage Against the Machine and The Nightwatchman at the Robin Hood Tax rally. Credit: National Nurses United
Nurses and their many allies on the rally stage (over 85 organizations endorsed the march, including Friends of the Earth US, the Chicago Teachers Union, and even the NFL Players Association) read off a litany of pressing needs that could be addressed through the implementation of a Robin Hood Tax, from halting housing foreclosures and forced evictions to the provision of AIDS drugs for people living with HIV/AIDS in places like Malawi. There are so many better uses for Wall Street’s hundreds of billions of dollars than lining the pockets of Wall Street traders with fat cat bonuses!