June 19. 2012—Grass roots activism around the world leads the news wrap up today. In San Diego, cities around the world and in cyberspace citizens are and have been expressing their frustrations and hopes for a better world.
National Robin Hood Day demonstrations…. Rallies in San Diego and 14 other cities across the country at noon today kick off a national campaign to institute a Wall Street tax that would produce billions for the public good. This Financial Transaction Tax, called the “Robin Hood Tax,” is a levy of less than half of a percent on trades in derivatives, stocks, bonds and foreign currencies. According to the campaign, economists estimate that $350 billion could be raised each year for health care, jobs, education, infrastructure and various other needs, which may help rejuvenate the economy. The campaign states that it is pushing for “a tax for the people.” [Read more…]