* A break-up of the too-big-to-fail banks, re-passage of the Glass-Steagal Act separating banks and investment banks, and a reinvigoration of anti-trust law to prevent the creation of monopolies or oligopolies, and undo those that already exist.
* Elimination of the cap on income subject to the Social Security (FICA) payroll tax, and addition of a 0.25% transaction tax on all stock and bond trades except in tax-advantaged retirement plans, a much higher capital gains tax and a restoration of the inheritance tax to apply to all inherited wealth above $100,000. All these new revenues would be used to raise Social Security benefits sufficiently to ensure for the first time a decent income for all Americans in retirement.
I believe that a such national movement, which must be grass-roots, democratic and locally based, if it organized frequent mass actions both in Washington and in the states and municipalities, swarming of Congressional offices both in the capital and in home districts, and pressing candidates during election years, would compel at least the Democratic Party, and perhaps even many Republican office-holders, to act, even if they hold antithetical political views.
The key is to avoid being co-opted by the Democratic Party, and to remain an independent movement.
DAVE LINDORFF is a member of ThisCantBeHappening!, the uncompromised, collectively run, five-time Project Censored Award-winning online alternative news site. His work, and that of colleagues JOHN GRANT, JESS GUH, GARY LINDORFF, ALFREDO LOPEZ, LINN WASHINGTON, JR. and the late CHARLES M. YOUNG, can be found at www.thiscantbehappening.net
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