Occupy L.A. plans march supporting financial tax
The demonstrators will ask President Obama to push for a tax on the sale of stocks, bonds and derivatives -- which protesters believe could raise as much as $350 billion for healthcare, education and jobs programs.
The California Nurses Assn. is sponsoring the demonstration, along with other unions.
Union members’ pensions and health benefits “did not deplete public treasuries or jeopardize the survival of our employers," the L.A. County Federation of Labor/AFL-CIO said in a statement.
Similar demonstrations were also planned for outside the U.S. Federal Reserve building in San Francisco; in Washington, D.C.; and at the G-20 summit in Cannes, France.
-- Sam Quinones
Photo: A man photographs police officers with a mobile device Wednesday as Occupy L.A. protesters stand outside LAPD headquarters in solidarity with Occupy Oakland protesters. Credit: David McNew / Reuters.