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Business Week:
"Obama said yesterday the levy, which would be imposed on as many as 50 financial firms, is aimed at getting back “every single dime” of taxpayer money that bailed out those companies during the worst recession since the 1930s.
"Obama said yesterday the levy, which would be imposed on as many as 50 financial firms, is aimed at getting back “every single dime” of taxpayer money that bailed out those companies during the worst recession since the 1930s.
President Barack Obama’s proposal to tax the biggest financial firms will face “fierce” opposition in Congress, former Florida senator and Republican National Committee Chairman Mel Martinez said. “This is a significant 10-year tax which may put U.S. banks at a very disadvantageous position in terms of world competition,” Martinez said. “This is not just for the bonuses this year. It’s very popular to whack the banks and talk about bonuses and get every dime paid back even though it’s already happening.”
It's not popular to not to want to get our money back. But there's more insanity:
It's not popular to not to want to get our money back. But there's more insanity:
Shortnews.com: "Rep. Paul Ryan, R-Wisconsin, said that his fellow Republicans must run in the 2010 mid-term elections on a platform that includes a full-scale repeal of the Democratic health care reform bill, which he feels is likely to pass."
The mid-terms are shaping up to the advantage of Democrats.
The mid-terms are shaping up to the advantage of Democrats.
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