Page 2 of 2 FirstFirst 12
Results 11 to 13 of 13

Thread: Obama Unveils Proposal on Bank Taxes

  1. #11
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 02:47 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,511

    Re: Obama Unveils Proposal on Bank Taxes

    Quote Originally Posted by liblady View Post

    i've had no raise for 2 years, while our sr mgmt has been given loads of stock. so no, my anger is not misplaced.
    Your anger is misplaced. You should instead re-direct it into finding a new job.

    millions of $$ in bonuses to the very people who caused the crisis pisses me off, yes. it doesn't bother you?
    The banks didn't cause the crisis.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  2. #12
    Professor The Real McCoy's Avatar
    Join Date
    Nov 2005
    Location
    Norfolk
    Last Seen
    07-06-12 @ 09:14 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    1,500

    Re: Obama Unveils Proposal on Bank Taxes

    The relentless federal push toward higher homeownership, the rock bottom interest rates, the overbuilding (and oversupply) of houses, foolish borrowing, foolish lending, securitization, insane leverage, the credit rating agencies, the general assumption that home prices would continue to rise forever, etc.

    Wall street and the rest of the major banks weren't the only ones that played a role in the housing/economic crisis, they're just the most convenient ones to blame.

  3. #13
    Banned
    Join Date
    Sep 2005
    Location
    Los Angeles
    Last Seen
    09-22-10 @ 04:36 AM
    Gender
    Lean
    Independent
    Posts
    11,430

    Re: Obama Unveils Proposal on Bank Taxes

    Quote Originally Posted by liblady View Post
    i work for a bank that accepted tarp money and has not paid it back. i also believe my bank was needlessly speculative and brought their problems on themselves, as did most other firms.
    And the correct solution was for the government tell the bank, "oh, look, you're going belly up. Too bad, isn't it?" And then the government goes back to obeying the Constitution, which doens't allow the government to interfere in private business matters like that.

    Who should be taxed to pay back the TARP money? The goonion members who's jobs were saved, for one. The bank employees who's jobs were saved, for another.

    That sounds perfectly fair.

Page 2 of 2 FirstFirst 12

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •