Obama goes after the banks
President Obama wants to bill the biggest banks for $90 Billion. Is this good for the American people? Where will the $90 Billion come from? Answer, from those “Fat Cat” bankers profits. Right?
I think all of us do not want to see anybody get taken advantage of in order for a company to generate profits. But, is profits really a bad thing? Who should determine how much profit is enough and how much is too much. Isn’t the intent of every company in this Country to generate profits?
Here are 4 questions to consider before making up your mind.
1. Did all of the top 50 banks receive TARP money?
2. Why not just get the money back from the banks that took TARP money?
3. Most importantly, do you believe the banks are going to pay this tax out of current profits or pass the tax on to us through higher costs?
4. Isn’t this Chicago style politics?
FrankM1150