- Wall Street has begun to speak for higher taxes on the rich. The article points out part of the catch (of course there’s a catch) – that it’s probably at least an attempt to avoid any further regulation. So this is a good first step! But there needs to be many more steps past this.
- Meanwhile, an editorial from the Huffington Post points out that the Wall Street Journal is calling for breaking up the big banks (sadly, the article currently seems to be under paywall).
- Occupy Milwuakee is pushing for a moratorium on foreclosures and evictions. In a largely minority community (which has apparently been hit the hardest by both the recession and the foreclosures), this is a great push – hopefully it goes through.
- Finally, one millionaire got on Fox Business to push for higher taxes for the rich, effectively demolishing the strawmen established by Fox in the process. Well worth the read and the watch.
- And since we can’t just have one day of all-good news, today President Obama asked Congress to reduce the top tax rate to 28 percent, from 35 percent in exchange for closing some loopholes. Three cheers for our Card Table-in-Chief!