February, 09 2015, 12:00pm EDT
For Immediate Release
Contact:
Charles Idelson, 510-273-2232,,Jennifer Flynn, 212-537-0575,Carl Ginsburg, 917-405-1060
In Response to Reports HSBC Helped Clients Dodge Tax
In response to reports HSBC helped clients dodge tax, David Hillman, spokesperson for the Robin Hood Tax campaign, said:
"This exposes once again the rotten core of banking - it would be shocking if it weren't for the frequency with which we hear of such scandals.
"It shows a sector not content with dodging its own obligations, but also conniving to help the richest people shirk their responsibilities to society as well.
WASHINGTON
In response to reports HSBC helped clients dodge tax, David Hillman, spokesperson for the Robin Hood Tax campaign, said:
"This exposes once again the rotten core of banking - it would be shocking if it weren't for the frequency with which we hear of such scandals.
"It shows a sector not content with dodging its own obligations, but also conniving to help the richest people shirk their responsibilities to society as well.
"It's clear our softly softly approach to the banking sector is wholly inadequate - it's time we ensured banks were working in the public's interest instead of conspiring against us."
The U.S. Robin Hood Tax would set a 0.5% tax on the trading of stocks, 50 cents on every $100 of trades, and lesser rates on trading in bonds, derivatives and currencies in the U.S. It marks the return of a tax on financial transactions in place in this country during the years 1914 to 1966. Some form of the financial tax is in place today in more than 40 countries. Who's behind it? We are Nobel Prize-winning economists, former US Vice Presidents and founders of Microsoft. We are Ronald Reagan's Budget Director, the UN's Secretary General and the Archbishop of Capetown. We are union members, nurses, small business owners, community organizers, faith leaders, AIDS activists, environmentalists, movie stars and musicians, and we are part of a global movement of more than 220 million people in 25 countries who are fighting for a Robin Hood Tax - a small tax on Wall Street trades. We are a force to be reckoned with, and we are demanding justice.
LATEST NEWS
Trump Spokesperson Affirms Day 1 Plans for Nation's 'Largest Mass Deportation Operation'
"As always, we will go to court to challenge illegal policies, but it is equally essential that the public push back, as it did with family separation," one rights advocate said.
Nov 07, 2024
President-elect Donald Trump is set to begin his promised mass deportation of undocumented immigrants as soon as he takes office on January 20, 2025, even as rights groups are mobilizing to stop him.
Trump national press secretary Karoline Leavitt toldFox News Wednesday morning that "the American people delivered a resounding victory for President Trump."
"It gives him a mandate to govern as he campaigned, to deliver on the promises that he made, which include, on Day 1, launching the largest mass deportation operation of illegal immigrants that Kamala Harris has allowed into this country," Leavitt said.
"We have a simple message for President-elect Trump or his deputies if they decide to make good on their despicable plans: We will see you in court."
Trump has pledged to conduct the largest deportation in U.S. history, with running mate and now Vice President-elect JD Vance promising 1 million deportations each year. The plan would likely rely on mobilizing federal agencies, the military, diplomats, and Republican-led states while using federal funds to pressure uncooperative states and cities into complying.
The stocks of private prison companies like GEOGroup and Core Civic rose significantly after Trump's win, and private contractors had already been discussing ahead of the election how to build enough detention space to accommodate Trump's plans.
A study released by the American Immigration Council in October found that a massive, one-time deportation program of the estimated 13.3 million migrants in the country without legal status would cost the government at least $315 billion while a 1-million-a-year approach would cost $88 billion a year for a total of $967.9 billion. It would also shrink the nation's gross domestic product by between 4.2 and 6.8%, not to mention the massive human cost to immigrant families, as around 5.1 million children who are U.S. citizens live with an undocumented family member.
The council also warned that such a program would likely threaten the well-being of all immigrants and increase vigilantism and hate crimes.
"As bad as the first Trump administration was for immigrants, we anticipate it will be much worse this time and are particularly concerned about the use of the military to round up immigrants," Lee Gelernt, a lawyer with the American Civil Liberties Union who fought the first Trump administration on family separation and other policies, toldThe Washington Post. "As always, we will go to court to challenge illegal policies, but it is equally essential that the public push back, as it did with family separation."
Exit polls show that 56% of U.S. voters favor offering immigrants already in the U.S. a pathway to citizenship, while Data for Progress found that survey respondents did not favor deportation for 7 out of 9 categories of people who might be caught up in a mass deportation scheme.
The ACLU has urged cities and states to take steps to protect their undocumented residents ahead of January 20.
"They should prepare for mass deportations because those will wreak havoc on the communities," Noreen Shah, director of government affairs at the ACLU's equality division, toldNewsweek. "It will mean kids who go to school and their parents are gone and not there to pick them up at the end of the day."
In particular, legal groups are gearing up for Trump to potentially evoke the Alien Enemies Act of 1798, which authorizes the country to deport noncitizens of a hostile nation. It has only been used three times, most recently to detain Japanese Americans during World War II.
"Many fear that a second Trump administration would seek to use this law to justify indefinite detention and remove people from the country swiftly and without judicial review," Shah told Reuters.
The Brennan Center for Justice has called on Congress to repeal the act.
"This law was shameful and dangerous back when it was created 200 years ago," the center's Marcelo Agudo wrote in October. "It's even more so today. It must be repealed or overturned."
Several other organizations pledged to continue defending immigrants and refugees after Trump declared victory.
"We have a simple message for President-elect Trump or his deputies if they decide to make good on their despicable plans: We will see you in court," Karen Tumlin, founder and director of Justice Action Center, said in a statement. "And, we have a message of love to immigrant communities, we see you, we are you, and we will stand with you."
Calling Trump's win "one of the most dangerous moments in our country's history, National Immigration Law Center president Kica Matos said the organization had led a "movement-wide effort to plan for this moment."
"Trump and his allies told us what he plans to do: mass deportations, ending birthright citizenship, ending the right to public education for immigrant children, internment camps, and using the military to hunt down immigrants. We should take him at his word," Matos said.
She continued: "One thing is certain: we cannot and will not retreat. For more than 40 years, NILC has been steadfast in our fight to defend the rights of low-income immigrants and their loved ones. We successfully fought Donald Trump before, and we will do it again."
The American Immigrant Lawyers Association (AILA) pledged to continue working for its clients.
"If implemented, the anti-immigrant policies avowed by candidate Trump will inflict lasting damage to the American economy, communities, and character," AILA Executive Director Benjamin Johnson said in a statement. "AILA and its more than 16,000 members will continue to defend the Constitution and stand against laws and policies that violate due process, undermine civil rights, or denigrate the contributions of immigrants. Our future prosperity depends on not giving up. We must stand together and work towards a brighter future."
Refugees International also promised to continue with its "shared commitment to rights and refuge for people forced from their homes."
"Amid historic levels of global displacement, the incoming Trump administration plans to enact an anti-refugee, anti-asylum agenda that will endanger millions of people—both those threatened by crises overseas and those who have been welcomed as neighbors into communities across the United States," the group's president, Jeremy Konyndyk, said in a message to supporters. "Yet we hold on to hope, even as we are clear-eyed about the daunting struggles ahead."
Knowndyk added: "As we do under any presidential administration, we will work tirelessly with all of you to defend and advance the rights, protection, and well-being of all people forced to flee their homes."
United We Dream, the largest U.S. organization led by immigrant youth, committed to building the "largest pro-immigrant movement this country has ever seen."
"Immigrant young people of United We Dream declare ourselves hopeful and clear eyed about the fight ahead," said the group's executive director Greisa Martínez Rosas. "With Trump pledging to carry out the largest deportation effort in our country's history—ctivating the military to raid our communities, schools, hospitals, and more in order to round up our people into concentration camps—young, Black, brown, and queer leaders who have been at the vanguard of our movement and of creating meaningful change are ready move mountains to protect our communities."
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Advocates Urge Biden to 'Secure His Climate Legacy' by Acting on LNG Before Trump Takes Office
"The clock is ticking—for the Biden administration and our planet," one campaigner asserted.
Nov 07, 2024
With just 75 days left before climate-denying Republican President-elect Donald Trump returns to the White House to pursue his "Drill, Baby, Drill" energy agenda, clean energy advocates in the United States on Wednesday urged President Joe Biden to take "bold action" to move toward a fossil fuel phaseout and a sustainable future for the world's people and the planet they all share.
"Although millions of Americans voted to reject Trump's dangerous agenda, we face another four years of a Trump presidency," said Oil Change International executive director Elizabeth Bast. "Trump has promised to double down on oil and gas production, accelerating climate catastrophe while continuing to enable violence against vulnerable communities—from environmental defenders to Palestinians facing genocide. His policies will compound environmental racism and human rights abuses, with Black, Brown, Indigenous, and frontline communities in the U.S. and around the world bearing the heaviest burden."
"Movements for change have won important victories under the toughest conditions," Bast added. "It would take more than a Trump presidency to change that. Every pipeline, every fossil fuel export terminal, and every fracking well we can stop matters."
To that end, Oil Change International U.S. program manager Collin Rees asserted that "in his final months in office, President Biden has the opportunity to secure his climate legacy by taking bold action to phase out fossil fuels and protect our climate and communities."
"We are calling on Biden to immediately end fossil fuel expansion, make permanent his January pause on new [liquefied natural gas] exports, shut down the disastrous Dakota Access Pipeline, and fulfill the U.S.' commitment to stop financing international fossil fuel projects," he continued.
Looking forward to this month's United Nations Climate Change Conference (COP29)—which is set to begin next week in Baku, the capital of petrostate Azerbaijan—Rees said that "Biden must seize his final moment at COP29 in Azerbaijan this November to cement real climate action before Trump takes office."
"After pledging to move away from fossil fuels at COP28, Biden needs to deliver by championing a bold new $1 trillion annual climate finance package and putting forth a plan for a fast, fair, forever, funded, fossil fuel phaseout," he argued. "This funding will transform last year's fossil fuel promises into genuine support for adaptation, mitigation, and loss and damage—but only if Biden acts now."
"The clock is ticking—for the Biden administration and our planet," Rees stressed. "What Biden does now will determine whether he'll be remembered as the leader who did his utmost to limit the Trump administration's damage and keep the world from hurtling towards climate chaos."
Jamie Henn of Fossil Free Media echoed the demand, calling on Biden to "make a mountain of progress for Trump to try to undo."
Bloombergreported Thursday that the Biden administration is "racing" to complete a study examining the climate, economic, and national security implications of increased LNG exports. While Trump has vowed to end Biden's LNG export pause on his first day in office, any adverse findings in the study could be used to launch legal challenges to the new administration's project approvals.
Despite campaign promises to take bold climate action—including by banning new fossil fuel drilling on public lands—Biden oversaw the approval of more new permits for drilling on public land during his first two years in office than Trump did in 2017 and 2018.
During Biden's tenure, the United States became the
world's leading LNG exporter. The president has overseen what climate defenders have called a "staggering" LNG expansion, including Venture Global's Calcasieu Pass 2 export terminal in Cameron Parish, Louisiana, and more than a dozen other projects that, if all completed, would make U.S. exported LNG emissions higher than the European Union's combined greenhouse gas footprint.
The Biden administration has also held fossil fuel lease sales in the Gulf of Mexico and has approved the highly controversial Willow project and Mountain Valley Pipelinedespite warnings from climate scientists that continued fossil fuel extraction has no place on a pathway to limiting planetary heating and meeting the goals of the Paris climate agreement.
On a positive note, the Inflation Reduction Act signed into law by Biden contains unprecedented investments in the clean energy sector, including solar, wind, and battery storage.
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Did Plutocrats Like Mark Cuban and Tony West Help Sink Harris?
"We could see it happening in real-time, right after the convention, when the party consultants and the big donors got their hooks in," said one critic. "They'll be fine though."
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While much ink has been spilled on U.S. President-elect Donald Trump's relationship with the world's richest person, tech billionaire Elon Musk, the Republican's electoral victory this week has also provoked conversations about how the very wealthy plutocrats behind Democratic Vice President Kamala Harris may have contributed to her loss.
After Trump's win, The Atlantic's Franklin Foer reached out to folks in the inner circle of President Joe Biden—who passed the torch to Harris after a disastrous debate this summer—for their postmortem. The staff writer reported Thursday that although Biden advisers "were reluctant to say anything negative about Harris as a candidate, they did level critiques of her campaign."
According to Foer:
One critique holds that Harris lost because she abandoned her most potent attack. Harris began the campaign portraying Trump as a stooge of corporate interests—and touted herself as a relentless scourge of Big Business. During the Democratic National Convention, speaker after speaker inveighed against Trump's oligarchical allegiances. Rep. Alexandria Ocasio-Cortez of New York bellowed, "We have to help her win, because we know that Donald Trump would sell this country for a dollar if it meant lining his own pockets and greasing the palms of his Wall Street friends."
While Harris was stuck defending the Biden economy, and hobbled by lingering anger over inflation, attacking Big Business allowed her to go on the offense. Then, quite suddenly, this strain of populism disappeared. One Biden aide told me that Harris steered away from such hard-edged messaging at the urging of her brother-in-law, Tony West, Uber's chief legal officer. (West did not immediately respond to a request for comment.) To win the support of CEOs, Harris jettisoned a strong argument that deflected attention from one of her weakest issues. Instead, the campaign elevated Mark Cuban as one of its chief surrogates, the very sort of rich guy she had recently attacked.
Responding on social media, Drop Site News' Ryan Grim said: "Reporters always heard that Tony West was functionally one of Kamala's most important advisers. Still galling to read this. I wonder who West even voted for."
Matt Duss, executive vice president of the Center for International Policy, declared that "we could see it happening in real-time, right after the convention, when the party consultants and the big donors got their hooks in. They'll be fine though. They're already onto their next contracts, or their next vacation home. And that should piss you off."
Progressive organizer Aaron Regunberg argued that "if we want to get out of this wilderness we need to purge every one of the Tony West crony corporatists in this party. Democrats need to be able to point to and talk about villains. Tony West is one of those villains."
Revolving Door Project founder and executive director Jeff Hauser put out a lengthy statement in response to the reporting that, as he summarized, "West convinced Vice President Harris to ratchet down her populist messaging lest it upset the Silicon Valley and Wall Street elites he was courting on her behalf."
Hauser highlighted that Foer's article also came after Cuban last month "bragged about his role in exiling a Harris surrogate" and former staffer of Sen. Elizabeth Warren (D-Mass.) "for the sin of supporting a wealth tax during a television appearance."
Harris on Tuesday "ran far stronger in the states that she saturated with television ads than the ones she did not. Those TV ads were, as Semafor's David Weigel observed, 'grinding on this economic message (anti-price gouging, Medicare covering home care, etc),'" he noted. "It's impossible to know whether the additional two points or less needed by Harris in the pivotal states would have been secured by basing her public 'earned media' and social media messaging on the same populist economic platform which informed her television ads."
"However, it is clear that the more successful paid media message was more populist and less informed by plutocrats like Cuban and West," Hauser continued. "Further, it seems exceedingly likely that downballot Democrats outside the swing states would have benefited from an ecosystem featuring the type of messaging we heard at the Democratic Convention."
"In a populist moment in which the candidates were battling for the mantle of change, the sitting vice president had to be identified as clearly against some powerful institutions," he added. "Her campaign showed early signs of an aggressive message, arguing that her record as California attorney general included taking on crooked big banks and shady student loan servicers."
"While VP Harris stuck to a comparably anti-plutocratic message in her television ads, she did not in her interviews and public appearances. This divergence appears to have been based on the advice of plutocrats," Hauser concluded. "Hopefully future candidates will learn from this, and oppose plutocrats consistently."
Appearing on CNN this week, Kate Bedingfield, Biden's former White House communications director, suggested the issue is not confined to Harris.
"I think Democrats across the board clearly have a challenge connecting with working-class voters. This is not unique to Vice President Harris' campaign," she said. "This is a demographic shift, a realignment in this country that's happened over the course of the last 10 years."
Meanwhile, Sen. Bernie Sanders (I-Vt.)—who ran for president as a Democrat in 2016 and 2020 but spent this cycle campaigning for Harris—said Wednesday that "it should come as no great surprise that a Democratic Party which has abandoned working-class people would find that the working class has abandoned them."
Sanders also asserted that "the big money interests and well-paid consultants who control" the party are unlikely to "learn any real lessons from this disastrous campaign" or "understand the pain and political alienation that tens of millions of Americans are experiencing."
Proving his point, Jaime Harrison, a former lobbyist for giant companies who now chairs the Democratic National Committee, claimed Thursday that Sanders' analysis was "straight up BS" and listed achievements of the Biden-Harris administration's achievements.
Responding to Harrison on social media, Michael Sainato, a labor reporter with The Guardian, said that "being pro-worker means being clear about who and what is anti-worker and the Democratic Party has failed miserably at that."
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