Jeff Cohen: New Netroots Organization Founded Independent of Dems


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Jeff Cohen: Most current net based organizing groups too connected to the Democratic Party which ties their hands


COHEN: Yeah. I mean, the idea is to flip the switch on Wisconsin, flip the script. You know, if we don’t go on the offensive, then what our conversation is about is which group of workers are going to cut themselves more or which group of workers should give up more. And so the idea behind this campaign is a financial transaction tax. It’s something that a number of progressive think tanks and economists support. A number of businessmen support it. A number of financiers support it. You put a little tax on every transaction, sales of stock, purchases of stock, and especially a little tax, tiny tax, on futures, on options, on the derivatives. By doing that, you can raise $100 billion a year, easy. And the group of people that have been partying the most, Wall Street, the people who are really culpable for sinking the global economy, they’re laughing all the way to the bank. This would be a popular tax. It would not only raise revenue, but a financial transaction tax also exercises a brake on the kind of speculation that tanked the international economy a couple of years ago.

JAY: So I guess this kind of links to your opening point about an independent netroots organization, in the sense that you don’t hear any of this kind of planning coming from, at least, the leadership of the Obama administration.


New Netroots Organization Founded Independent of Dems


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