TELL YOUR SENATORS: Tax Wall Street speculation 14MAR13

IT has been the right time to tax wall street ever since they found the money to increase the already obscene pay/compensation packages for ceo's and corporate board members. The majority of the American people expressed their support for taxing wall street with the reelection of Pres Obama. Now, finally, two Senators, Tom Harkin D IA and Sheldon Whitehouse D RI have introduced the Wall Street Speculation Tax because wall street traders are realizing huge profits on high volume speculative trading while the 99% still struggle with the recession, brought to us by , you guessed it, wall street speculators! Click the link to sign on supporting this tax and e mail your Senators at http://www.senate.gov/general/contact_information/senators_cfm.cfm

My e mails to Senators Warner and Kaine at the bottom of this post. From HuffPost.....
Air traffic controllers and pre-school teachers are being furloughed or laid off. Mental health programs, scientific research, Hurricane Sandy relief, and unemployment benefits are being slashed -- all thanks to the sequester.

Meanwhile, Wall Street speculators just had their best week ever. That's right: ever.

Working families shouldn't be forced to shoulder the burden of economic recovery. Wall Street's reckless behavior got us in this mess -- it's time they paid to clean it up and started creating real jobs for American workers.

Tell Congress: Pass the Wall Street Speculation Tax and put Americans back to work.

Here's how: A Wall Street speculation tax -- as small as three pennies on every $100 traded on Wall Street -- would raise $352 billion over 10 years. That's one-third of what the sequester is set to cut, and more than enough to put millions of middle-class Americans back to work right now.

And here's the good news: Sens. Tom Harkin and Sheldon Whitehouse have introduced a bill to do just that.

This isn't a radical idea. A tax on high-volume trading funded millions of jobs during the Great Depression, and set the stage for decades of economic growth. Today, six in 10 Americans support taxing Wall Street to pay for jobs programs. Even George W. Bush's FDIC appointee, Sheila Bair, supports the tax.

The American people and economists agree: it's time to tax Wall Street. Tell Congress to get it done.

Sign the petition to Tax Wall Street Speculation.

Thanks for all that you do.

-ML

Michael Langenmayr, Political Director
Democracy for America

Democracy for America relies on you and the people-power of more than one million members to fund the grassroots organizing and training that delivers progressive change on the issues that matter. Please Contribute Today and support our mission.

Paid for by Democracy for America, http://www.democracyforamerica.com/?t=3&akid=2880.629511.AsStEA and not authorized by any candidate. Contributions to Democracy for America are not deductible for federal income tax purposes.

MY E MAIL TO SENATORS MARK WARNER D VA AND TIM KAINE D VA

Senators Tom Harkin and Sheldon Whitehouse have introduced legislation, The Wall Street Speculation Tax, to tax the huge profits Wall Street speculators are realizing from high volume speculative trading. These are the same people who brought is the great recession of 2008, now they are profiting from it while the vast majority in the nation remain mired in the recession, dealing with high unemployment, underemployment, stagnant wages and funding cuts for vital social safety net programs. This isn't a radical idea. A tax on high-volume trading funded millions of jobs during the Great Depression, and set the stage for decades of economic growth. Today, six in 10 Americans support taxing Wall Street to pay for jobs programs. Even George W. Bush's FDIC appointee, Sheila Bair, supports the tax. I expect you to sponsor, support and vote for this legislation.