[Wamvan] Fwd: Press Release: Occupy Vancouver Supports Robin Hood Tax At Rally This SaturdayFairchild TV <assignmentdesk at fairchildtv.com>, Suzanne Ahearne <suzanneahearne at gmail.com>, The Vancouver Sun <awoo at vancouversun.com>, CTV <bcassigndesk at ctv.ca>, Press

Tami Starlight tamistarlight at gmail.com
Sat Oct 29 00:50:35 PDT 2011


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From: Franklin López <submedia at gmail.com>
Date: Fri, Oct 28, 2011 at 3:30 PM
Subject: [VMC-ORG] Fwd: Press Release: Occupy Vancouver Supports Robin Hood
Tax At Rally This SaturdayFairchild TV <assignmentdesk at fairchildtv.com>,
Suzanne Ahearne <suzanneahearne at gmail.com>, The Vancouver Sun <
awoo at vancouversun.com>, CTV <bcassigndesk at ctv.ca>, Press Commi
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-------- Original Message --------  Subject: Press Release: Occupy Vancouver
Supports Robin Hood Tax At Rally This SaturdayFairchild TV **, Suzanne
Ahearne **, The Vancouver Sun **, CTV **, Press Commi********  Date: Fri, 28
Oct 2011 15:18:46 -0700  From: Occupy Vancouver <ovpressroom at gmail.com>  To:
undisclosed-recipients:;

For Immediate Release



*Occupy Vancouver Supports Robin Hood Tax At Rally This Saturday*



Unceded Coast Salish Territory, October 28, 2011 – Occupy Vancouver calls
for the implementation of the Robin Hood Tax at a rally this Saturday at the
Vancouver Art Gallery:



*#ROBINHOOD Global Rally*

*2:00pm, Saturday, October 29*

*Vancouver** Art Gallery*



On the eve of the G20 Leaders Summit in France, occupy movements around the
world are rallying to demand that G20 leaders immediately impose a 1% tax on
all financial transactions and currency trades. This has been dubbed the
"Robin Hood Tax."



The Robin Hood Tax is a variation of the “Tobin Tax”, named after Nobel
Laureate economist James Tobin. Following the 1997 Asian Financial Crisis,
Tobin advocated for a 0.5% tax on foreign exchange transactions to dissuade
currency speculation and capital flight.



The very speculators responsible for destroying our jobs and savings are
reaping historic profits while governments slash our social safety nets. In
Canada, the Harper Government's austerity measures threaten to plunge our
economy into another recession, according to Sherry Cooper, Chief Economist
at BMO. The sentiment is echoed by Ed Clark, CEO of TD Bank who has recently
supported the occupation movement.



The Robin Hood Tax has been specifically endorsed by Doctors Without
Borders, President Sarkozy of France and Chancellor Merkel of Germany,
economist and Nobel prize winners Joseph Stiglitz and Paul Krugman, and even
the Pope Benedict XVI.



Saturday's rally at the Vancouver Art Gallery will feature educational
speeches, including an address by Toby Sanger, Senior Economist for the
Canadian Union of Public Employees (CUPE) and author for the Canadian Centre
for Policy Alternatives (CCPA).



The Vancouver based publication *Adbusters*, that first put out the call to
#OCCUPYWALLSTREET, has united the Global Occupy Movement with a new hashtag:
#ROBINHOOD



Occupy Vancouver, in solidarity with other city occupations, have come
together to transform the unequal, unfair, and growing disparity in the
distribution of power and wealth in our city and around the globe. We
challenge corporate greed, corruption, and the collusion between corporate
power and government and oppose systemic inequality, militarization,
environmental destruction, and the erosion of civil liberties and human
rights. We seek economic security, genuine equality, and the protection of
the environment for all.



- 30 -



For more information:



Press Liaison
Occupy Vancouver



604 725-8391
pressroom at occupyvancouver.com
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