PEOPLE IN CLASS HOUSES OUGHT NOT TO THROW STONES

Yesterday the POTUS showed rare genuine emotion when speaking.  So, what motivated his heartfelt expression of feeling?  Terrorist attacks?  The Haitian earthquake?  No, it was his plan to tax the banks who took TARP money.  The new bank “fee” is expected to generated $90 billion over the next ten years, although Mr. Obama stated that the “fee” would be enforced, “until they [the American people] are fully compensated”.  Oh, really?  Raise your hand if you believe that any of we commoners will be “compensated” even one dollar from this scheme.  Where will all this money go instead?  Anyone?  Anyone?  Duh, campaigns, lobbyists, pay-offs to special interests, buy-offs of Legislators, etc., etc.

Mr. Obama went on to say that this measure was being taken, “not to punish” the banks, (who, by the way, have paid back the TARP loans with interest, so what would there be to punish?), but “to prevent the abuse and excess” that led to the present economic difficulties.  The POTUS ended by telling the banks not to “fight” his proposed “fee”, but to simply pay it.  Wow!  The King speaks.  We obey.

It is interesting to note that Mr. Obama has not passionately spoken against the “abuse and excess” of Government in general, nor his Administration in particular.  What I would like is for all the Democrats to “compensate” the American people for the recent excessive spending.  They could start by reimbursing us for the party that they all enjoyed in Copenhagen last month.  However, hypocrites never follow their own standards.

Class warfare is a tried and true tactic of the hard Left.  Whether this type of strategy will be successful in dividing us, distracting us and furthering a socialist-fascist agenda is questionable.  Fool me once, shame on you, fool me twice, shame on me.  The American people are smarter than they give us credit for being.

P.S.  On a matter somewhat related to those residing in class, (or glass), houses, please take the time to read about what Florida Rep. Buchanan (R) is attempting to do with his discharge petition in the House of Representatives.  It is good to know that some of our elected representatives believe in glass houses that are actually transparent!

Filed under: LEGISLATION, POTUS, U.S. GOVERNMENT, bank tax, democrats, economy, healthcare, leftwork, statism, TARP, U.S. banks