Obama Unveils New Bank Fee That Will Rob From Mister Potter to Give to You

by Benjamin Domenech on 4:26 pm January 14, 2010

“The fee would apply to financial companies with assets of more than $50 billion…The administration estimates the levy will raise $90 billion over 10 years and $117 billion over 12 years,” which they claim will fully cover the TARP expenditures, all without any costs passed along to you the consumer. Magic!

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