How is it the President can impose a tax (a
Doesn't this send the wrong message? The President is saying, in effect, “If you do well and make money for your clients/depositors/shareholders while also providing sensible and responsible financial services we will punish you!. But if you are spendthrift and get involved with high risk financial strategies and investments and lose all of your money, will give you all the taxpayer money you need to stay afloat.”
Like that will help stimulate the economy in any kind of sustainable fashion. But then, the looters never look at such things from an economic point of view. It's always about being “fair and just”. But who decides what is fair and just? The looters, or course.