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Article Archive for January 2010

The Benefits of a Financial Transaction Tax
January 28, 2010 – 1:47 pm

The Benefits of a Financial Transactions Tax
A financial transaction tax is a tax placed on a specific type of financial transaction for a specific purpose.
From the Center for Economic and Policy Research (CEPR):
The recent economic …

Heather Booth on the Huffington Post: Let’s Organize to Hold Big Banks Accountable
January 28, 2010 – 12:56 pm
Heather Booth on the Huffington Post: Let’s Organize to Hold Big Banks Accountable

Last night in his State of the Union address, President Obama reinforced his ambitious agenda to fix the economy and enact financial reform, including measures to hold Big Banks accountable for their reckless actions that …

LA Times: Financial Industry’s Anxiety is Rising Over Obama’s Plan
January 28, 2010 – 11:18 am

The Los Angeles Times recently ran this piece about President Obama’s new financial reform proposals, focusing on those which tackle high-risk securities trading and investments in private equity funds and hedge funds.
“The staging of the …

Politico: Left Lends Support to President Obama
January 28, 2010 – 11:13 am

Politico.com recently posted an article about President Obama’s new proposals to rein in Wall Street, and mentioned the efforts of Americans for Financial Reform, especially in generating petitions and letters to Congress.
“But those who like …

The New York Times Endorses a Financial Transaction Tax
January 28, 2010 – 10:05 am

In an editorial titled “Opposite of Bold,” the New York Times endorsed the Obama Administration’s proposal to levy a Financial Transaction Tax on banks:

Mr. Obama also must … embrace ways to pay for initiatives, such …

Report: Main Street Businesses Support Wall Street Reforms
January 28, 2010 – 9:37 am
Report: Main Street Businesses Support Wall Street Reforms

Survey finds small business owners support financial reforms, consumer protection agency

** Report posted online at www.mainstreetalliance.org/publications **
Washington, DC – Today, the Main Street Alliance released a new report highlighting impacts of the financial crisis …