Friday, December 21, 2012

Washington's Austerity Plan Threatens the 50 Million Americans Already in Poverty | Common Dreams

Washington's Austerity Plan Threatens the 50 Million Americans Already in Poverty | Common Dreams
"A modest tax Wall Street on speculation, embodied in HR 6411, authored by Representative Keith Ellison, could generate up to $350bn every year, an amount that could save over 1.7m homes from foreclosure, or finance 9m new jobs at current average wage levels. Or it could fund the food plans of 24m families of four for a year, or lift all 3.8m female-headed households out of poverty for nearly a decade.

Increasingly, the "Other America" is becoming all of us. It is up to all of us to end this disgrace."