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Interesting take on the proposed bank tax.

Posted: Tue Jan 19, 2010 11:40 am
by CID1990
There's a little bit in here for everyone!

A little "big bad banks are bad", and a little bit "Obama is an idiot".

http://www.realclearmarkets.com/article ... 97592.html

Re: Interesting take on the proposed bank tax.

Posted: Tue Jan 19, 2010 11:43 am
by danefan
Good link. Thanks.

I was trying to figure out how a "tax" on earnings would repay a loan. In my world we call that a lien, levy or garnishment, not a tax.

Re: Interesting take on the proposed bank tax.

Posted: Tue Jan 19, 2010 11:50 am
by Appaholic
Good analysis...

Re: Interesting take on the proposed bank tax.

Posted: Tue Jan 19, 2010 11:51 am
by CID1990
I wanted to call it a "Donny and Marie" analysis....


A little bit country, and a little bit rock-n-roll.