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AFL-CIO Now

Banker’s ‘Nightmare on Wall Street’

With a nod to “The Twilight Zone’s” Rod Serling, National Nurses United ( NNU ) unveiled a new and  frightening—if you’re a banker or Wall Street fat cat—video to push for a financial transaction or Robin Hood tax on Wall Street speculation.

In “Nightmare on Wall Street,” a Wall Street executive on his way to work encounters the retirees who have lost their pensions, families foreclosed out their homes, workers who lost their jobs and other victims of Wall Street’s reckless actions that crashed the nation’s economy. They chase him through Manhattan’s concrete canyons yelling, “Tax Wall Street, Not Main Street. Tax the 1 percent!”

The AFL-CIO, NNU and others have called for a Robin Hood Tax on Wall Street to raise funds for job creation and to mend the economy that Wall Street broke. Economists say that along with generating jobs, the tax would help reduce the complicated, risky financial practices and products such as derivatives, short-term investment strategies and other speculation that fueled the economy’s crash.

Check out the video and then visit the NNU’s website, www.ProtestIntheUSA.org , to sign a petition to support a robust financial transaction tax on Wall Street, and check out more videos.

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