Obama’s New Punitive Bank Tax: Barney Frank Admits It Isn’t About TARP, They Just Need Somebody To Tax

  The numbers just don’t add up. The Obama administration wants to raise about $90 billion in the next 10 years from an annual fee on the nation’s 50 largest financial institutions. The stated reason: to recoup the cost of the financial sector bailout. Yet, TARP banks owe the government only about $60 billion of … Continue reading Obama’s New Punitive Bank Tax: Barney Frank Admits It Isn’t About TARP, They Just Need Somebody To Tax

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Where is Joe The Plumber When We Need Him? Obama Announces Punitive New Tax

WASHINGTON (AP) -- President Barack Obama told banks Thursday they should pay a new tax to recoup the cost of bailing out foundering firms at the height of the financial crisis. "We want our money back," he said. All American taxpayers, myself included, wants "our money back," as the President so eloquently put it. Go … Continue reading Where is Joe The Plumber When We Need Him? Obama Announces Punitive New Tax

Healthcare Update: ObamaCare is The Worst Bill Ever WSJ

Epic new spending and taxes, pricier insurance, rationed care, dishonest accounting: The Pelosi health bill has it all. Speaker Nancy Pelosi has reportedly told fellow Democrats that she's prepared to lose seats in 2010 if that's what it takes to pass ObamaCare, and little wonder. The health bill she unwrapped last Thursday, which President Obama … Continue reading Healthcare Update: ObamaCare is The Worst Bill Ever WSJ