Friday, December 2, 2011

Some specific proposals by Occupy protesters (AP)

Some of the leading proposals to solve the country's economic and political problems, offered by members of the Occupy movement who were interviewed by The Associated Press:

? Impose a 1 percent "Robin Hood" tax on large financial transactions, and use the money to support social programs.

? Reinstate portions of the Depression-era Glass-Steagall Act that were repealed in 1999. The act had prevented bank holding companies from getting into certain other types of financial ventures, effectively separating investment banking and commercial banking.

? Freeze all property foreclosures; cap interest charges at 6 percent or less.

? Reduce military spending; stop wars that drain financial resources.

? Reparations; make government payments to the descendants of African slaves to reset a broken, unbalanced economy.

? Ban big corporate donations to campaigns and set equal spending limits.

? Instill a fair conscience and a sense of morality into the minds of big decision makers.

? Revamp the tax code to take a higher percentage of multimillionaires' earnings. Ensure that Wall Street and big companies pay higher business taxes.

? Equalize public education by paying fairly and proportionately for the entire U.S. population, regulating spending by student and not by school district.

? Pass congressional legislation that returns bankruptcy protection to student loans.

? End corporate personhood.

? Ensure equal-access health care for all Americans.

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/ap/20111201/ap_on_re_us/us_the_occupy_platform_glance

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