Newsflash:
Issue Teams

The country seems turned off and tuned out to the Congress, politics generally and the federal government in particular. The good news is the emerging grass-roots movement exemplified by The Dreamers and the burgeoning campaign among low income workers around the nation, offering a clear challenge to the political gridlock, the inaction and non-work by Congress. Seeking to respond to this grassroots energy and to combat the frustration many people are feeling around the country, President Obama presented an optimistic tone, an uplifting message and a new plan of action to move America forward.

WASHINGTON -- The fast track trade bill introduced in the Senate last week will go nowhere anytime soon, Senate Majority Leader Harry Reid (D-Nev.) said Tuesday.

President Obama wants 2014 to be a “year of action” in which the country finally begins to address a wealth gap that has made the term “income inequality” the catchphrase of the moment. And he framed the crisis well in his fifth State of the Union address:

The House on Wednesday approved a mammoth, $956 billion farm bill in a bipartisan vote.

Members approved the House-Senate agreement on farm policy in a 251-166 vote. A majority of Republicans backed the bill, with 63 GOP no votes. But a majority of Democrats opposed it, with 103 voting no.

When some of the greatest musicians in the world gathered five years ago to celebrate the ninetieth birthday of the musician who inspired them all, Bruce Springsteen told Pete Seeger: “You outlasted the bastards, man.”

And so he did.

President Barack Obama’s State of the Union address Tuesday night will focus on inequality, on the reality that this economy does not work for working people. Given the obstruction of House and Senate Republicans, the president faces the reality that little of what he proposes can pass this Congress. He has vowed to use his “pen” and “phone” to act unilaterally where he can. But the real challenge is to explain to the American people what the reality is, what must be done and who is standing in the way.

No matter what your top issue is, we can all agree that decisions that affect all of us should not be made in secret without input from the public. The Camp-Baucus Fast Track bill would limit the ability of Congress to meaningfully debate and amend trade agreements.

Politicians and energy industry enthusiasts have touted fracking as the path to US energy independence, while environmentalists have battled against the proliferation of fracking and the resultant damage to the Earth. Despite environmental concerns, 18 states have jumped onto the fracking bandwagon (map.)

If President Obama uses his State of the Union address to launch a major push for “fast-track” authority to bypass congressional input and oversight on a sweeping Trans-Pacific Partnership trade deal, he will need new allies to generate support around the country.

In his upcoming State of the Union speech, President Barack Obama is expected to prioritize what is emerging as his legacy issue: combatting America's growing wealth inequality. Expect him to promote policies to create new middle-class jobs, especially in manufacturing, and counter the erosion of wages now undermining workers economy-wide.

But in the speech, Obama is also expected to highlight several major trade initiatives, including his priority Trans-Pacific Partnership (TPP) deal, a massive pact with 11 Asian and Latin American nations that Obama hopes to sign quickly. The business lobby is at full tilt pushing Obama to use the SOTU to call on Congress to pass Fast Track trade authority for the TPP.

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Robin Hood Tax Articles

  • Could This Tax on Wall Street Turn Back America’s Tide of Inequality?
    Could This Tax on Wall Street Turn Back America’s Tide of Inequality?

    How will you honor the legacy of Martin Luther King Jr. this April 4, the anniversary of his assassination? How about by demanding that Congress get out of Wall Street’s pocket? How about by letting your representative know that you support economic equality and a just distribution of wealth in America? As Dr. King himself said, “This is America’s opportunity to help bridge the gulf between the haves and the have-nots. The question is whether America will do it. There is nothing new about poverty. What is new is that we now have the techniques and the resources to get rid of poverty. The real question is whether we have the will.”

    Written on Monday, 31 March 2014 23:57 Read more...
  • Targeting Wall Street, Robin Hood Tax Comes to Washington
    Targeting Wall Street, Robin Hood Tax Comes to Washington

    With Congress about to begin the next cycle of budget battles – mostly focused on how much more pain to inflict on Main Street communities across America – a far different message is bubbling up across the land.

    Written on Wednesday, 30 October 2013 23:08 Read more...
  • The Robin Hood Tax
    The Robin Hood Tax

    Simply put, the big idea behind the Robin Hood Tax is to generate hundreds of billions of dollars.  That money could provide funding for jobs to kickstart the economy and get America back on its feet. It could help save the social safety net here and around the world.  And it will come from fairer taxation of the financial sector.

    Written on Friday, 25 October 2013 15:41 Read more...
  • European Commission Approves “Robin Hood” Tax on Financial Transactions
    European Commission Approves “Robin Hood” Tax on Financial Transactions The European Commission yesterday backed plans by 11 European Union economies to impose a “Robin Hood” financial transaction tax, better known as a Tobin tax, to help raise funds to tackle the region’s growing debt crisis.
    Written on Wednesday, 24 October 2012 16:53 Read more...

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