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Fri Aug 23, 2013, 03:41 PM

Tax Wall Street Party more than double the needed signatures to become offical party on NYC ballot!

Tax Wall Street Party more than double the needed signatures to become offical party on NYC ballot!

Show your support and please recommend; this is important stuff.

Outraged voters in New York City will have a new option in this years NYC mayoral elections. The Tax Wall Street party for Randy Credico has gained 9,000 petition signatures from a mostly volunteer campaign base which is more than enough to be on the mayoral ballot.

Most candidates for NYC mayor bear a resemblence to Mayor Bloomberg, who is infamous for his many controlling laws on city denizens. However, there is a realistic platform pushed by the supressed candidate Randy Credico on the Tax Wall Street Party ticket that most definately apeals to the cries for justice.

The justice isn't just for social causes though. Credico has made clear that he wants to end stop and frisk on his first day in office, but what else does he offer that makes him a rising star? The answer is economics. Specifically, economic justice for the city as a whole. Credico demands a refurbished free transit system, free rehab to quell the city's drug problems, a city-wide New Deal job program, free higher education, a $ 12.50 living wage, rent control, protection of small business from landlords, moratoriums on foreclosures, and the list goes on. With a set of demands that appeal to the population in the Big Apple that are so often left to a bleak lower-class life, Credico is sure to be an important contestant for the real working class of New York.

Although, Credico's platform is hopeful, vociferous Republicans and cynical Democrats will catechize New York's Man with the question of how he possibly expects to pay for all of this idealist's dream. These tired politicians will attempt to incite the middle-class with claims that Credico wants to raise their taxes, run the city into debt, or create a new Detroit. But like a grand slam out of Citi Field, Credico will retort with a crack that the only reason New York City would run out of money is because the current tax policy is to refund all money collected from Wall Street as continued by Bloomberg.

Wall Street moves over four quadrillion dollars a year and current tax rates in NYC generate billions of dollars. Credico proposes that to make up for more than three decades of refunds, that Wall Street should pay a rate of 0.5% on buying of all stock, bond and derivatives. The obvious reason for this policy is to generate revenue that should have always been in the city treasury, the second reason accepted by even some Wall Street bankers is that such a tax will combat the rather deceptive practices of flash trading and other equally malicious rat races.

Clearly, Credico will be accepted by the populous, but whether they vote for him will be decided on the Tax Wall Street Party's ability to break through the stumbling blocks of the New York Democratic political machine, the media, and the Wall Street special interests that are trying to keep New York's Man, Rany Credico in completely obscurity.

Regardless, the Tax Wall Street Party unlike the Democratic party and most unlike Occupy Wall Street have a firm, long-term plan to bring economic prosperity back to the middle class. A nationwide mobilization of Credico's newborn revolutionary party has already begun and when the middle-class discovers the party, in whatever pocket of the nation, they are going to be just as willful as the New York people to support this necessary change.


----

Please,

If you are in the NYC area spread the message that Credico is legit; he is different from past candidates like the Rent is Too Damn High guy because he actually has a platform and he is known on the street for his dedication to social and economic justice. Do not kid yourself that you are going to hurt Wall Street, they seem to survive every recession they cause when they end up killing other sectors of the economy. Do not kid yourself that the will of the people of New York City is not that of Credico, for Credico stands a realistic chance among the entire middle-class that is tired of business as usually politicians! Do not vote for any other candidate! No other candidate has your interests in mind!

This is the realistic choice and low hanging fruit. It takes less work than trying to lead a horse to water and making him drink or trying to lead a Bloomberg clone to reason and making him apply it. Remember to keep the pesimism of the intellect but the optimism of the WILL! RANDY CREDICO for NYC Mayor, TAX WALL STREET PARTY 2013!


---

For more information:
http://www.credico2013.org/

To Donate:
https://randy.nationbuilder.com/donate

To help with campaign effort:
http://www.credico2013.org/contact

To help advertise with viral campaign:

Contact Daniela Walls @
∑ taxwallstreetparty@gmail.com

Follow us on twitter @:
http://twitter.com/TaxWallStParty
http://twitter.com/Credico2013
http://twitter.com/fightausterity

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Reply Tax Wall Street Party more than double the needed signatures to become offical party on NYC ballot! (Original post)
Vic Vinegar Aug 2013 OP
PoliticAverse Aug 2013 #1
Vic Vinegar Aug 2013 #3
PoliticAverse Aug 2013 #5
Vic Vinegar Aug 2013 #6
former9thward Aug 2013 #12
Vic Vinegar Aug 2013 #14
NutmegYankee Aug 2013 #10
Squinch Aug 2013 #2
Vic Vinegar Aug 2013 #4
brooklynite Aug 2013 #7
Vic Vinegar Aug 2013 #8
brooklynite Aug 2013 #9
Vic Vinegar Aug 2013 #15
brooklynite Aug 2013 #16
Vic Vinegar Aug 2013 #17
brooklynite Aug 2013 #18
Vic Vinegar Aug 2013 #19
brooklynite Aug 2013 #20
brooklynite Aug 2013 #21
Vic Vinegar Aug 2013 #22
brooklynite Aug 2013 #23
geek tragedy Aug 2013 #11
Vic Vinegar Aug 2013 #13

Response to Vic Vinegar (Original post)

Fri Aug 23, 2013, 03:53 PM

1. Since such a tax would only be in effect in NYC, why wouldn't most of the companies just move to NJ

just across the river ?

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Response to PoliticAverse (Reply #1)

Fri Aug 23, 2013, 04:01 PM

3. They've threatened to do so before

This is the normal excuse, it is time for everyone to cut through the layers of bullshit. Wall Street has so much money invested in NYC they will never leave, skyscrapers, the NYSE, etc. They will not move away from the NYSE that is totaly lunancy.

Next, 0.5% tax is not that bad and if anyone believes that allowing Wall Street to extort the city over that tax rate (which also includes a large exemption for people who deal with buying under a couple million dollars worth of stocks) then they are crazy.

Also, the typical Wall Street banker that isn't incredibly corrupted by standard practice realizes that a tax would slow down high frequency trading which is very costly to keep up with.

Last but not least, there is already a tax and Wall Street never moved. However, despite no pressure from threats, the tax started to be refunded a couple decades ago.

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Response to Vic Vinegar (Reply #3)

Fri Aug 23, 2013, 04:06 PM

5. As NYC real estate ha increased in price many financial firms have already moved to cheaper areas...

the increasingly electronic nature of the financial business makes it easier than in the past.

http://www.nytimes.com/2012/07/02/business/finance-jobs-leave-wall-street-as-firms-cut-costs.html?pagewanted=all&_r=0

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Response to PoliticAverse (Reply #5)

Fri Aug 23, 2013, 04:12 PM

6. That is true

but not the majority of the jobs and not the NYSE; the NYSE will still be taxed with this. It doesn't need to bring in fortuitous sums beyond our wildest dreams, if Wall St profits were cut in half by jobs leaving, this tax still will provide trillions of dollars.

Do not worry, we have thought these things over and over again. It isn't idiots who developed policy for the Tax Wall Street Party; we represent the economic understanding of the New Deal and Alexander Hamilton's American System of economics.

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Response to Vic Vinegar (Reply #6)

Fri Aug 23, 2013, 07:48 PM

12. The tax will bring in trillions of dollars?

I would love to see the math on that one. The actual math -- not your statements.

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Response to former9thward (Reply #12)

Sun Aug 25, 2013, 12:08 AM

14. well

That depends if we are considering real derivative trading or just what is on the books. If you don't account for unclaimed "assets" then if puts you somewhere in the ball park of the better part of a trillion, maybe $900 billion a year.

Anyway, the current tax policy, if it wasn't refunded would produce tens of billions a year at around 0.05% which is 10% of Randy's proposed 0.5%.

Even just apply the tax to the NY:SE average trading value of $ 158 Billion a day and that is a lot. Just 158 Billion X 365 *0.5 and that is what Randy proposes we take.

On the national level we include the Chicago Exchange, NYSE, Salt Lake City and some others and that is enough to fix this nation's debt problem and fix the finance industry's speculation problem.

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Response to PoliticAverse (Reply #1)

Fri Aug 23, 2013, 05:04 PM

10. The High Frequency Traders (computers) need to be close to the stock market servers

They are locked in.

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Response to Vic Vinegar (Original post)

Fri Aug 23, 2013, 03:54 PM

2. Kick. What a great experiment that would be!

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Response to Squinch (Reply #2)

Fri Aug 23, 2013, 04:02 PM

4. hell yeah

yessir, much better than the reactionary experiment of letting Detroit fail!

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Response to Vic Vinegar (Original post)

Fri Aug 23, 2013, 04:34 PM

7. Can I observe that supporting him would be a violation of the TOS...

...since there will clearly be a qualified Democratic candidate?

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Response to brooklynite (Reply #7)

Fri Aug 23, 2013, 04:37 PM

8. well technically

he is both, he was on the Democratic mayoral candidacy and now he is on Tax Wall Street Party in the same year. That means that the people who signed his petitions knew he would be a Democrat who would run on the TWS party. That means the Democrats in NYC wanted him and you should abide by that.


even if he wasn't on democratic candidacy, he represents the logos of real New Deal Democrats and if you wish to be stuck in some sort of irrational formality that is up to you.

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Response to Vic Vinegar (Reply #8)

Fri Aug 23, 2013, 04:51 PM

9. But the focus of the OP is the TWS Party getting ballot status

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Response to brooklynite (Reply #9)

Sun Aug 25, 2013, 10:04 AM

15. boohoo for formalism

This is going to be the new left wing of the Democratic party eventually because the GOP is going to dissolve into a state party and then the democratic party is going to split into Wall Street Democrats and New Deal Democrats. The stupidity of the assumption that the party will last forever is just a poor assumption. If they are ideologically democrats then that is good enough, it isn't third party because we aren't talking about space lasers or ending the Fed.

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Response to Vic Vinegar (Reply #15)

Sun Aug 25, 2013, 12:20 PM

16. So the Working Families Party isn't good enough for you?

Or do you want to split the progressive vote?

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Response to brooklynite (Reply #16)

Sun Aug 25, 2013, 05:03 PM

17. bill thompson

is the one with the least progressive agenda (out of the so-called progressives), that means he is the one that is trying to split the progressive vote just like the Rent Is Too Damn High guy was sent in to steal attention from Credico last election. Thompson has rescinded his stance against Stop and Frisk which is very important to New Yorkers; we're thinking Thompson is manipulated and attempting to appeal to the petite bourgeoisie and split them against the poor black and latino vote.

Thompson is known for his corruption as controller and his terrible career connections to anti-labor embezzling man named Corbett Price who also funds his campaigns. Thompson comes from an underwriting firm called George K. Baum & Co where he illegally sold unlicensed securities. Seymour Zises, a Bernie Madoff gang banker has given a considerable donation to Thompson... And when Thompson promised to donate the money to a charity--he never did. Also despite having a backing from the Teachers Union, Thompson seems to be very cozy with charter school backers who want to destroy public education.

Face it, Thompson is Wall Street's black face, he is a complete centrist and nothing he promises will be fully incorporated.

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Response to Vic Vinegar (Reply #17)

Sun Aug 25, 2013, 06:08 PM

18. This is irrelevant to the point of the OP

The OP is about a new Third Party getting ballot status. Since there's already a progressive Third Party (WFP) available for people who can't bring themselves to vote Democratic (I refer back to my point about the TOS), my question is why add a new Party to split the vote on the left?

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Response to brooklynite (Reply #18)

Sun Aug 25, 2013, 10:07 PM

19. and I ask who is really splitting the vote

and I ask who is really splitting the vote?

Because we have a candidate who is a well known NYC activist in the poorer communities especially the Bronx and these other parties are putting machine politicians into place that no one even knows like Thompson and that one nobody preacher. I don't see any real progressive voting for Thompson (who is the backed by the WFP), all other positions supported by WFP fine go vote for them or don't I don't care but in NYC no Democrat is a real Democrat, they act like leftist Republicans, and since they aren't coherent with true Democratic principles then that means they are not Democrats.

Just because you label yourself something doesn't mean you are; especially in the political machine in NYC: Weiner, DeBlasio (not even his real name), Thompson, Quinn, Liu are about as dedicated to the Democratic ideology as Bloomberg and if you can't get past that then you are lying to yourself. They may pass formal legitimacy but in actually action they are predetermined frauds.

Forgotten parts of NYC have been crumbling for years and not one of the other mayoral candidates are going to fix that because they are going to make excuses that there is no funds, blah blah blah.

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Response to Vic Vinegar (Reply #19)

Sun Aug 25, 2013, 11:12 PM

20. I trust you'll you'll be content with your principled vote after the Primary...

...when one of the Democrats you hate gets nominated.

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Response to Vic Vinegar (Reply #19)

Mon Aug 26, 2013, 12:16 AM

21. "No Democrat is a real Deocrat"

Perhaps revisiting the TOS would be in order...

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Response to brooklynite (Reply #21)

Mon Aug 26, 2013, 05:53 PM

22. easdfasdf

Can you take it in context, No strictly Democratic party candidate (and I mean ones only on that ticket) in the NYC mayoral campaign represents Democratic ideals. Okay? Neither does Thompson who is Democratic and Working Families Party.

Due to cross-endorsement or fusion policy Credico is both and can run on both tickets. Doesn't violate the terms of service.


Also remember when the Working Families Party supported Andrew Cuomo:

Here, Democratic candidate Andrew Cuomo left the heavily union-financed Working Families Party (WFP) twisting in the wind for weeks. The WFP offered their endorsement, but Cuomo refused, thereby putting the groupís ballot line in jeopardy. Cuomo eventually relented, but forced WFP officials to sign off on his proposals to cut the state budget Ė including cutbacks on unionized public workers! With the WFP politically neutered, Cuomo went on an embarrassing media offensive against public employees unions targeting them for concessions. Though the WFP kept its ballot access, it sold its soul and with it the last progressive cover for the trade unionís suicidal Democratic Party insider strategy
.

http://www.counterpunch.org/2010/11/05/where-is-everybody/


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Response to Vic Vinegar (Reply #22)

Mon Aug 26, 2013, 06:39 PM

23. He can't run on the Democratic Party line...because he won't win the Democratic Party line

Feel free to throw in all the cliches about "if people would vote their real feelings" and "if the MSM would give him the coverage he deserves". The bottom line is that the average Democratic voter is happy with the mainstream choices available, and won't be voting for him.

BTW - with respect to his platform promise of a "Wall Street Sales Tax"...are you aware that the Mayor and the Council have no statutory authority to impose taxes? It's dependent on the State Legislature, and even Wall Street lover Mike Bloomberg couldn't get tax policy passed in Albany.

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Response to Vic Vinegar (Original post)

Fri Aug 23, 2013, 05:28 PM

11. Meh, DiBlasio has my vote and is the real deal nt

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Response to geek tragedy (Reply #11)

Fri Aug 23, 2013, 08:50 PM

13. meh

I am pretty sure the unions hate him for always applauding scab labour. I have more dirt on him some where though.

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