Rep. Pete Defazio Defends Trader Tax

Quote from Trader KGB:

I'm obviously opposed to the tax, but I salute Rep. Defazio for standing up for the terrible taxpayer ripoff that was TARP I.
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Defazio has been fighting for this for a long time. Opportunistic, he is simply using the TARP disaster as an excuse to push it again.
 
Quote from achilles28:

Fractional Reserve lending caused this. Bankers caused this.

Prop shops trading 25 mil and 401K'ers, did not.

If 'Douche-Bag' Defazio wants to nix bubbles, he needs to go after Greenspan for keeping rates at 1%. Save that, he needs to go after Congress for Banking/Monetary reform.

This won't happen because Defazio is a clown who knows nothing about economics, nor has the balls to confront any of the real culprits.
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right on
 
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