Have Americans moved on from holding Wall Street Accountable for its actions?
No! 83% Say DO MORE up from 77% in 2011! Nearly Five Years After the Financial Meltdown, Support for Wall Street Reform is still overwhelming and growing
A new national survey shows overwhelming support across all lines of age, race, geography, and political party for tougher regulation of Wall Street and financial companies.
Nearly five years after the financial crisis, Americans come down strongly in favor of tougher regulation of Wall Street and financial companies. In fact, that sentiment appears to have intensified slightly, according to a survey conducted by Lake Research Partners on behalf of Americans for Financial Reform and the Center for Responsible Lending.
Regulators have been slow to implement key provisions of the 2010 financial reform law known as Dodd-Frank, and some in Congress have pushed for exemptions and rollbacks. By contrast, 83% of likely voters support stronger rules and enforcement, compared to just 9% who believe that the financial world has changed its practices and doesn’t need more reform. In 2012, the pro-reform position was favored by 73% of those surveyed; in 2011, the figure was 77%.
After crashing the world's economy we have yet to see anyone on Wall Street be held accountable. If they can’t pay criminally then at least they can pay monetarily. And it will help undo some of the damage that they have done.
For more info see: http://ourfinancialsecurity.org/...
The Robin Hood Tax on Wall Street can be a game changer start towards a fairer, more democratic, more humane, more balanced, and more moral American Tax System.
This tiny sales tax on Wall Street is:
.5% on stocks, just $.50 (50 cents) for each $100 of stock trades;
.1% on bonds, just $.10 (ten cents) for each $100 of bond trades;
.005% on derivative speculation in currencies, commodities, or other trades, just $.005 (half a penny) for each $100 of trades
The revenue generated is estimated by economists to be up to 350 billion each year!
The Robin Hood Tax can be a game changer for a fairer, more democratic, more humane, more balanced, and more moral American Tax System.
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