Unions & #OccupyWallStreet Reveal Their Hidden Agenda: A Worldwide Financial Tax


If there’s one thing about the Marxists controlling today’s unions, it is that they are predictable. If you watch them long enough, the pattern is always the same: Demand the extreme with something attainable in mind as the fallback position.

In labor relations, the making of outrageous demands is a classic negotiating tactic at the bargaining table because union negotiators know company negotiators will only agree to what they are willing to based on business economics. In politics, however, the union tactic is an absolute winner because their prey (politicians, many of whom are bought by unions anyway) always fall for it and, besides, it’s only the taxpayers who are stuck with the tab. One thing though, whether at the bargaining table or in politics, unions always reveal their hidden agenda—eventually.

In the case of the #OccupyWallStreet, union bosses were eager to capitalize on a slick ad campaign and some miscreant professional protesters to create a “movement” to aid their own sagging fortunes. Despite the multiple rapes, the assaults and drug dealing, open sex, public masturbation,  anti-American rants, and violence, from the beginning, unions were eager to jump on board with the Neo-Communist squatters, their anti-Semites and their useful idiots in lower Manhattan’s Zuccotti Park. Since then, unions have paid for protesters, water, food, legal fees, advertising and, in West Virginia, the AFL-CIO has even offered its property to use as a new “occupy” site.

Despite their more ambitious young allies who have called for the seizing private property and the “de-privatization of everything,” however, unions have known that their movement wouldn’t lead to a fully Marxist nation (yet) and, as a result, have had a more attainable goal in mind from the beginning. In addition, with winter approaching, union bosses know they need to being this movement to a close sometime soon and, up until now, they haven’t formally issued their real demands.

On Thursday, the #OccupyWallStreet and union movement will be taking is carnival show on the road to the U.S. Treasury building in Washington, D.C. What is their agenda? To protest for a worldwide tax on all financial transactions involving the purchase or sale of stocks, bonds, commodities, unit trusts, mutual funds, and derivatives such as futures and options. They call it the “Robin Hood Tax.”

Via The Hill:

Organizers estimate more than 1,500 union members from more than 20 labor groups, including the AFL-CIO, the American Federation of County, State and Municipal Employees (AFSCME) and the Communications Workers of America (CWA), will be outside the Treasury Department Thursday to call for what has become known as the “Robin Hood Tax.”

Occupy Wall Street protesters also are being bused in from New York by National Nurses United (NNU) — yet another example of the evolving relationship between labor and the protesters that have targeted the financial sector.

Karen Higgins, co-president of the NNU, told The Hill that instituting a financial transactions tax could help fund social programs that are under threat.

“This is actually the first step to do something concrete and beneficial and not harm others by taking money out of social programs that help people survive,” Higgins said. “It is only reasonable that Wall Street contributes its fair share.”

Never mind the fact that the “social programs” that are bankrupting Europe and America with insurmountable debt are largely union driven, the union solution is to raise more revenue through a global tax.

It’s actually not a new idea. In fact, AFL-CIO boss, Richard Trumka, has been talking with the European socialists for over a year about it, has kept it in his dialogue throughout his support of the #OccupyWallStreet movement, and is now in Europe at the G-20 Summit protesting for it.

From the AFL-CIO:

One key part of the plan global [union] leaders will be calling for is a global financial speculation tax. In the U.S., a tiny tax on financial transactions could raise hundreds of billions in revenue that could fund education and create jobs rebuilding our country, while discouraging speculation and encouraging long-term investment.  Both Warren Buffett and Pete Peterson have urged Congress to consider a financial speculation tax.  At the G-20 meeting, Bill Gates will be making proposals about financing for development.

While international labor leaders push for a speculation tax during the G-20, the AFL-CIO will join working people from the area, participants from Occupy Wall Street and the National Nurses Union at a rally in Washington, DC on November 3 to call on U.S. elected officials to support the global movement for a financial transaction tax to help heal global economies.

It’s likely been part of #OccupyWallStreet’s grand plan all along, as the originator, adbusters’ Kalle Lasn mentioned in a Salon piece on October 4th and again on October 18th which, coincidentally, the National Nurses’ United also mentioned it on the same day in a press release supporting the Worcester, Massachusetts occupation.

Incidentally, Bill Gates (referenced above), Warren Buffet and George Soros (of Zuccotti Park ownership fame) are all supporting the Robin Hood Tax.

So, for those #OWS empathizers on the Right who thought this is just a movement of frustrated, out-of-work Americans: As usual, you’ve been played by better tacticians and negotiators from the Left.

Of course, there is one thing you can be certain of: Regardless whether unions fail at achieving the Robin Hood Tax during America’s fall, the weather will warm up by April and they will be back in the streets through next November. [You can take that one to the bank...so to speak.]

UPDATE: #OccupySetup: Dems Introduce “Steal From The Rich, Give To The Poor” Tax Act
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“I bring reason to your ears, and, in language as plain as ABC, hold up truth to your eyes.” Thomas Paine, December 23, 1776

Cross-posted on LaborUnionReport.com


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11 Comments Leave a comment

International tax? Nah

jaykali (Diary) Thursday, November 3rd at 11:18AM EDT (link)

There’s no appetite for that, I think you’d have trouble with something like that even with super-majorities. They are more likely to use shell games, like the stimulus was a big shell game, promise green jobs but it really was a state bailout program. The auto bailouts weren’t really bail-outs for the automakers, they were union bailouts.

I’m more worried ab things that don’t make headlines. I am also worried ab just the general sentiment amongst people who are middle class and by all accounts should be okay with their situation (I could understand fear/disatisfaction if you don’t have a job but alot of these ppl have jobs) but feel like rich people or the govt owe them something. I think that just makes you a completely worthless person. If you want to complain on behalf of the /real/ impoverished, ok. If you want to complain bc you feel like x/y/z actions by the govt have resulted in you not having a job, ok I’d at least hear your argument. But to claim you should get a piece of some rich guy’s money just bc you are alive makes me incredulous. What right do you have to some guy’s money? That mentality makes me crazy.

 

A tax on the notional value of derivatives

BillC (Diary) Thursday, November 3rd at 11:38AM EDT (link)

will kill many derivative transactions. The truth is that they have wanted to do this for a long time and it is simply because they don’t understand derivatives and well as most of the public. Fortunately, it is easy to explain. I trade mini-Dow futures contracts which are a derivative of the Dow Industrial Index. The notional value of the contract is $50,000. Most trades of futures contracts are conducted by speculators like myself, approx. 60-70%, with the rest being hedgers or people looking to buy or sell to protect themselves from the risk of price movements. What we speculators do is provide liquidity and we do this by trying to buy on the bid and sell on the offer. The difference between the bid and offer is a called a tick and the tick value for my contract is $5. The mistake the transactional tax advocates make is to use the notional value of the contract as a basis for their tax when it is meaningless for speculators who are only trying to make one to a few ticks at a time. A number I have heard passed around is a 0.05% tax. Seems pretty small. Well the that tax on the $50,000 notional value of the contract would equal $50,000*0.0005 = $25/transaction. If I am only making $5-$15 per transaction then a $25 tax would put me out of business. And if their are no speculators then the hedgers don’t have anyone to take the risk of the contracts they are buying and selling. Hence, no market. Which is probably their goal.

Gee I wonder what else?

quad4x4 Thursday, November 3rd at 1:30PM EDT (link)

You as a speculator have stated it well, too bad Odumbo and Co. don’t read or understand. but what is new Trumka is pulling his strings and too bad with all of them..

 
 

The GOP needs to push Right to Work,

texas214 (Diary) Thursday, November 3rd at 11:52AM EDT (link)

If the Gop were to pass a national RTW law, it would severely limit the unions ability to force the payment of dues, and thereby having the result of starving the Dem’s of campaign cash.

Not only is it not right to force people to pay dues, but the unions, via Dem support, is forcing their employees to contribute to the Dem’s through their dues.

70 Socialists in Senate would never pass it?

jcjet Thursday, November 3rd at 3:04PM EDT (link)

The Congress can pass the RTW but the 70 Socialists in the Senate and Obama would never pass it. Unions and Debt is their ticket to US Socialism.

 
 

Not just a union tactic

DerKrieger (Diary) Thursday, November 3rd at 12:06PM EDT (link)

LUR – the “demand the outrageous with an actual goal in mind” tactic isn’t restricted to the unions. I’ve long argued that the tactic has been used by Democrats against the GOP for decades to advance their socialist agenda. Pick any federal program designed to provide something to someone, look at its modest, original goals and then compare those goals to where the programs are today.
 
The GOP is, paraphrasing you, always played by better tacticians and negotiators from the Left. Using a football field analogy; the Democrats approach every negotiation demanding a touchdown. The idiots in the GOP think they’ve won when they negotiate to allow the Democrats to only advance to mid-field when they should have never let the Democrats on the field in the first place.
 
In subsequent negotiations the Democrats, being on the 50 yard line, again demand a touchdown. The GOP of course scoffs and negotiates to allow the Democrats to reach the 25 yard line. Now the members of the stupid party once again think that they have won while the Democrats quietly celebrate the fact that they are now 75% of the way toward their goal. Following their strategy of incrementalism it only takes the Democrats a few more years, or even decades, to reach the end zone for the touchdown. They almost never lose yardage to the GOP and have thus successfully advanced the socialist agenda for almost 100 years.

“In questions of power, let no more be heard of confidence in man, but bind him down from mischief by the chains of the Constitution.” – Thomas Jefferson

“I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents.” – James Madison

Whenever the legislators endeavor to take away and destroy the property of the people, or to reduce them to slavery under arbitrary power, they put themselves into a state of war with the people, who are thereupon absolved from any further obedience.” — John Locke, 1690

 

Are "social programs under threat"due to taxpayers not being raped?

johnt Thursday, November 3rd at 12:48PM EDT (link)

Well we’ll just have to fix that in a hurry. Rest easy Karen Higgins, while the billionaires hide theirs we’ll tax those who can’t hide. There’s always a cow to be milked and a parasite to be fed.
Make that, demanding to be fed.

“a man’s admiration for absolute government is proportinate to the contempt he feels for those around him”. Tocqueville

 

Anyone who thinks Anonymous is unorganized should not...

Michael Harrington (Diary) Thursday, November 3rd at 1:13PM EDT (link)

I managed to infiltrate Anonymous to a leadership level briefly, before they found out I was a Conservative.

Oh they act like it is spontaneous but there is a means to push the collective that they use, or ten such means if you will.

First step is follow some of the money. Most anon types will put up free sites, but when one gets a server off hand… students with cameras are common, but if somehow one has an beyond exceptional system follow the money.

Using a system of peer pressure, percieved antagonism from a supposed enemy, forced indignation about a supposed wrong they keep the looser masses on target.

Periodically they go after pedophiles or cults or such to ‘keep it real’ in a manner that reaffirms that they do ‘gonot do real stuff’

Then there are the lulz. These kids are impatient. They want fun now. Take the lulz away and they will go away. Ofc I have a means to take the lulz away, just no system to implement it.

You know they are close to breaking up when they start having the more impatient ones start vandalizing or committing violence.

So those who think this will go on… the kids are running out of lulz for this project and will soon start distancing away from it regardless of how their handlers want it to go.

Pay attention to the next week… you can identify the handlers if you are careful in your observation. They will stand out as they try to keep the group on target.

Fighting for America Brietbart style!

MichaelHarrington.org

Running for office in North Portland – Oregon! State Representative or Bust!

Veteran, Truck Driver, and Permament Conservative Activist!

 

There already is a speculator tax

ja_ak Thursday, November 3rd at 3:37PM EDT (link)

If you sell a stock too quickly, you pay tax on it as income at the highest marginal rate for your bracket. If you hold it more than a year, it is taxed as capital gains. The difference can be enormous – 30+% vs. 15%.

 

The Unions

uhangtight (Diary) Thursday, November 3rd at 6:49PM EDT (link)

The Unions are making the union and non-union workers slaves to the world. A tax is apportioned on a slave (taxpayer) to its master (Government). That tax is used today to pay for the entitlement programs nationally and globally.

Globally through Foreign Financial Aid we are forced into supporting the global poor (even though this goes to the despots and the poor never see aid) and this is slavery.

We are fast becoming slaves to the world.

We need this stopped.

 

Liberals want the Star Trek dream come true so

Juggernaut (Diary) Friday, November 4th at 9:09PM EDT (link)

all countries unite as one planet with one political system composed of one party only coupled with a monetary system controlled by the United Nations or some new entity that they design. Hell no!

Say no to the dream and anything tied to unions and these internationalists who want to subvert the constitution towards creating a new world order. Such a tax would fund the next big thing.

RomneyCare is Right Wing Socialism –

Romney “severely conservative”? That’s the opposite of a “compassionate conservative” like George W. Bush? Actually, we know what a severely conservative is. It’s Dick Cheney and Mitt Romney is no Dick Cheney.