Obama calls for bank tax as next step in reform

Discussion in 'Current Events' started by Charles_Main, Jun 27, 2010.

  1. Charles_Main
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    Charles_Main AR15 Owner

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    Obama calls for bank tax as next step in reform

    Yet another stunningly ignorant brain fart from Obama.

    Lets stick it to Banks with a Huge new tax, so they can raise their rates and pass the actual cost of paying the tax on down to investors and their customers.

    Its Ideas like this that Demonstrate the Disconnect between Obama's Idealistic view of the world, and Reality.

    While Taxing Banks and any Cooperation sounds like a great Idea to us all, the truth is those Banks and or Cooperation's do not actually pay any taxes, they simply collect them from us to give to the government. Any Increase on taxes on any Cooperation or Bank will be offset in full by Raised fee's, and prices charged to their customers. YOU AND ME!!

    In the case of this bill it will be mainly investors hit, but those investors are nothing but other cooperation's and people, who when they can will continue to pass the cost of new Taxes down the line, and at the end of the line is always a consumer who ends up being the actual person to pay more money because of it.

    Wake the hell up America.

    Story
    Obama calls for bank tax as next step in reform | Reuters
     
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    Last edited: Jun 27, 2010
  2. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    and why on earth would i want my money in a bank taxed?
     
  3. Oddball
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    Oddball BANNED Supporting Member

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    I'm convinced...He's stupid, not evil.
     
  4. saveliberty
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    saveliberty Diamond Member

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    This ought to help the savings rate of Americans. Must be a banking takeover by the government. Obama can't get banks to loan money, there is no incentive to save money at the current interest rates and any credit instrument will have massive fees and taxes associated with them. Just what are banks for again?
     
  5. Mini 14
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    Mini 14 Senior Member

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    Yeah, I agree. He's too stupid to be evil.

    Easily the dumbest President ever (and I'm not just talking the US Presidents. Hell my 3rd grade Class President was a buttload smarter than this dumbfuck!).
     
  6. Claudette
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    Claudette Gold Member

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    The banks have payed back all the TARP money with interest.

    Hell Yeah. Lets tax them so they can tax us.

    The Clowns in DC and Barry Boy have got to be the dumbest fucks in creation. Jeeze.
     
  7. topspin
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    topspin BANNED

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    I love my progressive Brothers, but Obama has some anti business anger issues.

    Look at who he's attacked
    Autos, banks, oil, WS, tabaco, Health care, soft drink makers
    is there an industry he's not against?
     
  8. WillowTree
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    WillowTree Diamond Member

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    he's not stupid, he's a marxist. he does what marxists do. that is all.
     
  9. MaggieMae
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    MaggieMae Reality bits

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    The tax would be assessed against ONLY the largest investment banks, the ones who fucked you over, remember? From your article:

    The earlier proposed "fee" which was similar went over like a lead balloon with the just-say-no Republicans, so this is the alternative language. Smaller deposit banks must pay the FDIC fee, so why should investment banks escape fees? Especially when it would offer some protection if they started screwing with the books again.
     
    Last edited: Jun 28, 2010
  10. MaggieMae
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    MaggieMae Reality bits

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    One would assume people generally would by now know the difference between large investment banks and small community lender-deposit banks. But noooooooooooo... Gotta explain the whole fucking thing again. Would someone else please do it?
     

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