Obama Weighs Fee to Recoup Bank Bailout and Cut Deficit

reply to post by royspeed

In the UK, the Chancellor Alaister Darling has announced that there will be a tax on bank bonuses...

Now we know where Obama is getting his wacko ideas.

He wants to be just like the Europeans.

Originally posted by mishigas
reply to post by royspeed

 

In the UK, the Chancellor Alaister Darling has announced that there will be a tax on bank bonuses...

Now we know where Obama is getting his wacko ideas.

He wants to be just like the Europeans.

Hi Thanks for posting,

Now why don't you try to post something relevant to the conversation?


Ziggy Strange

Originally posted by ziggystrange
reply to post by jdub297

 

1. This thread predates your posted source by 4 days.

And? So what, do facts change over time?

Your OP is entirely unsupportable.

"fee to recoup bank bailout" is baseless; the banks that took the TARP funds have paid it back. The other industries (manufacturing, insurance) have not, and are not subject to the "fee."

"and cut deficit" is bogus. It speaks of future intent with money freed up from additional revenue. It is up for grabs for ANY purpose, not deficit reduction. Congress has not made ANY provision that "recouped" "fees" go to deficit reduction.

You believe in fairy tales, don't you?

2. Your source is published in a rag.

Challenging the source or the medium are proof of inability to contest the TRUTH of the assertions. It doesn't matter if I heard it in a dream; the facts are the facts.

3. The fact that what was already paid back, can't be taxed dos not mean there will be no attempt to ameliorate.

This sentence makes absolutely no sense. When you finish Freshman English, rephrase this.

Anything can be taxed. The only thing attempted to be "ameliorated" is Obama's perception.

4. This particular initiative is directed toward financial institutions.

And? Why should they pay a "fee" when others who received even more in my money do not?

You headline your indictment by quoting CNBC

I did no such thing. I quoted Lawrence Kudlow. When you learn the difference, maybe someone will take you seriously.

But in fact Larry Kudlow posted the article on the NRO which is where your link goes. Hardly a bastion of unbiased journalism.

Attacking the messenger rather than the message is further confirmation (as if more was necessary) of the bankruptcy of your 'logic.'

Why bend the truth?

I've presented the truth. You've chosen to "bend" or divert from it.

You invalidate your argument by obfuscating the obvious.
When there is a leak, you stop it, then you mop up the spill later.

By your logic, once there is a leak, you don't plug it, you just freak out and let the leak continue, and then moan about the spill, the leak, and blame anyone but yourself.

OK, I have to admit you've got me there. I have no idea what any of the foregoing means. Except for your admission that one who ignores the truth invalidates their own arguments.

This is so sad. I really wish ATS had an age or IQ requirement.

jw

reply to post by ziggystrange

This thread was a good discussion about the proposed legislation.

Until someone bothered to post the facts?

Specific Banks and other BIs that paid back were not the focus.

Yes, they were. Here's the OP:

"Obama Weighs Fees to Recoup Bank Bailout and Cut Deficit."

How are banks that neither wanted nor needed TARP funds, who have repaid TARP funds PLUS interest, and who will be saddled with these "fees" NOT the focus? If the "fees" are the focus, doesn't that include all who are subject and all who are exempted?

To speculate as to what may or may not be done once the dust settles is a bit of a stretch.

Exactly! Thus far, NOT ONE DIME of any excess revenue has been directed to "cut deficit," has it? So, how can you say with such certainty that the "fees" will be so used in the future?


Obama's propsition is nothing more than populist pandering to people like you, who take everything he says at face value without even trying to apply any critical thought to the statement.

Deny ignorance.

jw

reply to post by ziggystrange

Hi Thanks for posting,

Now why don't you try to post something relevant to the conversation?

Ziggy Strange

Totally relevant, Ziggy. Barry O wants to remake America in the form of European socialism. It seems he is getting his ideas from Europe, since he is incapable of an original idea himself. He is the Teleprompter POTUS, dontcha know?

Nothing personal, but what's with the WalMart greeter routine? You're a funny guy, Ziggy.

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