What We Need to Know About Fracking; Has the Time Arrived for the Robin Hood Tax?

0

(00:00 ) America’s patriotic push for energy self-sufficiency opened the doors to natural gas exploration and the new technology called “fracking” (hydraulic fracturing). It’s been over ten years since fracking was first developed and implemented. Are its environmental and geologic dangers worth the costs? If U.S. energy self-sufficiency was the goal, why is the natural gas industry applying for increasing numbers of export licenses to send our natural gas overseas? Doesn’t that drive up our prices?

Sam Schamaker – Food & Water Watch

(26:28) Countries around the world are implementing the Robin Hood Tax on financial transactions. Hundreds of billions of dollars of taxes are generated by fractions of pennies per transaction. The effect is to stabilize financial markets from churning and protecting consumers from skimming by big banks and financial institutions. Why hasn’t Congress approved this tax for America?

Michael Lighty – Robin Hood Tax

This show sponsored in part by
ad_movetoamend_468x60
ad_support_170x60

 

Share.

About Author

Profile photo of Tim Danahey

The Tim Danahey Show started in July, 2010 at internet station Castle Rock Radio. It started as a one-day-per week endeavor and quickly grew to five days per week. The show discusses economics, government, social issues, history, and non-fiction books in a magazine format featuring in-depth conversations with guests. Politics and inflammatory conversations are discouraged as they are divisive and counter-productive. Instead, the show seeks under-reported topics and delves into facts, different perspectives, and ramifications of each perspective.