re: #276 avanti

Chances are, your local bank will not be included unless it’s one of the biggest. The banking industry got itself in the mess we were forced to save them from. If the GOP wants to oppose a tax on the industry to recover my tax dollars while the banks make mad money and pay obscene bonuses after we’ve bailed them out, go for it. They could pay the fees with a modest cut in the billions in bonuses that they can continue to get after we saved their butts.

Hi avanti! I don’t want to speak for sat, but I think you misread his post. If, as he writes, the administration is proposing this tax on banks who took the TARP money, lived under the terms and conditions of the loan, and repaid the loan on time (or before) the deadline, with interest - well, the taxpayers were repaid in full - and earned interest on the money. I think sat’s point was that it isn’t particularly appealing to see the administration demonize these particular banks because it seems like a politically viable strategy.