Monday, April 18, 2011

OneGoodCut.org works with UK Uncut on banking reform--should we import "Plan B"?

Here's a nice video from OneGoodCut.org explaining how the monetary system works to make a lot of money for the people who run the monetary system by keeping the rest of us either in debt, or poor, or both. The political solutions described focus on the situation in the UK, but a UK "plan B" to cut bank subsidies could be adapted for the US, just as a British version of the Tobin Tax is under consideration there, under the much more memorable name of "Robin Hood Tax."

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