More then 1,000 nurses, members of the Occupy Wall Street movement and others fed up with the state of the economy are expected to rally in front of the Treasury on Nov. 3 in support of a financial transaction tax, said Chuck Idelson, the communications director of National Nurses United.A financial transaction tax, the union argues, will create the revenue necessary for health care, education and jobs programs at the expense of Wall Street, which the nurses say is to blame for the financial crisis in the first place.
The nurses union has been criticizing President Obama and Treasury Secretary Timothy Geithner for putting a wrench in plans for a global financial transaction tax. The demonstration in front of the Treasury next week will coincide with a protest by nurses and other labor groups at the G-20 summit in Cannes, France.
"A major stumbling block [to the tax] continues to be the opposition of the Obama administration," RoseAnn DeMoro, the executive director of NNU, wrote last week.
Idelson said nurses have taken up the cause because of how the recession has hurt their own families and those of their patients. He also said the NNU's effort is not related to the 2012 election.
"We really think that both major political parties haven't done enough to address the economic crisis," he said.