Matt Taibbi on Occupy Wall Street

One of today's best investigative journalists can be found in what seems to me an unlikely place, Rolling Stone magazine. I have learned so much from political journalist and Rolling Stone contributor, Matt Taibbi. Speaking on Current TV, Taibbi shared suggestions he developed after discussing with his colleagues for Occupy Wall Street protesters:

1. Break up the monopolies....There are about 20 such firms in America, and they need to be dismantled.
2. Pay for your own bailouts. A tax of 0.1 percent on all trades of stocks and bonds and a 0.01 percent tax on all trades of derivatives would generate enough revenue to pay us back for the bailouts, and still have plenty left over to fight the deficits the banks claim to be so worried about.
3. No public money for private lobbying. A company that receives a public bailout should not be allowed to use the taxpayer's own money to lobby against him.
4. Tax hedge-fund gamblers. For starters, we need an immediate repeal of the preposterous and indefensible carried-interest tax break.
5. Change the way bankers get paid. We need new laws preventing Wall Street executives from getting bonuses upfront for deals that might blow up in all of our faces later. (source)

Sounds reasonable to me. What do you think? 

Pass it on! The Revolution Starts Now! Share the first Occupy Wall Street commercial:

 
Occupy Wall Street from David Sauvage on Vimeo.