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European counterparts due to the fact
that Americans are unfortunately still
unable to understand the nature and
dangers of Austerity. Thus, the dismantling
of what was once the economic
powerhouse of the world is taking place
The 1% Wall Street Sales Tax is the sole
virtually unbeknownst to those who
method that can attract revenue in the
stand to become its greatest victims.
range of tens of trillions of dollars ca-
SOLUTIONS
pable of fully funding the social safety
net and the U.S. government as well
inject and promote economic solutions
based upon the American System of
as effectively eliminating the budget
Economics, independent of the false
In relation to the crisis of the social
deficit at the Federal and State levels.
left/right paradigm and the two existing
safety net as well as the U.S. and State
All of this while discouraging danger-
major parties.
budget deficit, that solution exists in the
ous forms of speculation and deriva-
form of the 1% Wall Street Sales Tax.
tives trading. Contrary to many other
As Paul Adams writes for Activist Post:
proposals being floated in the public
Most of the current American finan-
arena by often questionable sources,
Contrary to what many popular and
cial quagmire can be traced back to
the 1% Wall Street Sales Tax is entirely
pessimist economists say, the U.S. and
the antics and schemes of Wall Street
Constitutional.
world economies can return to boom-
at some point or other. The lack of adequate
funding for the U.S. government
can be directly related to the fact that
SUPPORT THE 1% WALL
STREET SALES TAX
ing economic growth within two or
three months. Contrary to what the
Malthusian global elites espouse, there
the burden of funding falls on the backs
can be plenty of food, clothing and
WORLD AUSTERITY REPORT
of the poor, working, and middle class
while Wall Street pays nothing. This
free ride afforded to Wall Street must
end.
While the concept of taxing Wall Street
turnover has been circulating for some
time, the credit for the revision, fine
tuning, and detailed articulation of the
1% Wall Street Sales Tax should largely
be given to Webster Griffin Tarpley.
Currently agitation for the 1% Wall
Street Sales Tax is being undertaken
most notably by the United Front
Against Austerity, a coalition of a wide-
shelter for everyone once we support
skilled labor and the production of real
goods rather than cancerous financial
speculation.
Indeed, the solutions are there for the
taking. However, since the political will
does not currently exist among elected
politicians and the Corporate Govern
ment system obviously does not want
to see them implemented, it is up to the
ranging organizations attempting to
American people to demand that the
1% Wall Street Sales Tax immediately
be enacted.
Idle spectatorship is no longer an
option. Active participation is the only
legitimate path to take.
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