Finance reform bill

lookout123 · 07-01-2010, 02:33 PM

1) I don't support additional taxes on banks any more than I supported the bailouts to those same banks. Neither action will have the desired result. Massive future taxpayer funded bailouts didn't do anything but provide incentive for more future irresponsibility built upon current corruption. Additional taxes will merely be passed on to you and I through a series of hidden and transparent fees. Is there a -5% level of support?

2) My snarky reply to Spexx's initial post is meant as humor. I still think it is funny. His cut and dry statement that R's support banks more than individuals, while oversimplified, triggered a "well, du-uh" response in my head. R and D matters very little. These men and women are members of a club you and I simply aren't invited to join. Lobby groups climb over eachother to bribe today's senator or congressman who will be a lobbiest in 4-6 years bribing other politicians for similar causes. We - the individuals who elect them - are just a tool to get them into the club.

Happy Monkey · 07-01-2010, 03:03 PM

Quote:

Originally Posted by lookout123

1) I don't support additional taxes on banks any more than I supported the bailouts to those same banks. Neither action will have the desired result.

Well, the purpose of the bank taxes in question was to fix the bill's CBO scoring, so they probably would have had that desired result.

07-01-2010, 02:33 PM	#1
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	1) I don't support additional taxes on banks any more than I supported the bailouts to those same banks. Neither action will have the desired result. Massive future taxpayer funded bailouts didn't do anything but provide incentive for more future irresponsibility built upon current corruption. Additional taxes will merely be passed on to you and I through a series of hidden and transparent fees. Is there a -5% level of support? 2) My snarky reply to Spexx's initial post is meant as humor. I still think it is funny. His cut and dry statement that R's support banks more than individuals, while oversimplified, triggered a "well, du-uh" response in my head. R and D matters very little. These men and women are members of a club you and I simply aren't invited to join. Lobby groups climb over eachother to bribe today's senator or congressman who will be a lobbiest in 4-6 years bribing other politicians for similar causes. We - the individuals who elect them - are just a tool to get them into the club. __________________ Getting knocked down is no sin, it's not getting back up that's the sin

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