http://dealbook.blogs.nytimes.com/2009/12/04/a-windfall-tax-for-goldman-sachs/?ref=business Better than a transaction tax ? What about the other Banks....? ie The US getting $ from those who caused and benefited ?????
"allowing for Goldman to take up space left open by the failures of Bear Stearns and Lehman Brothers". How convenient. Sure was some high stakes poker last fall when former Goldman lackey Paulson left Lehman to rot, only to make their (Goldmans) AIG cds whole. Anger is justified.
The UK is getting into the act ????? http://www.bloomberg.com/apps/news?pid=20601110&sid=aGpk8SY8u0WI
If mom and pop US savers are paying a 100% tax..... Then what about the likes of GS ? and others ? ie....Banks can borrow at 0% and loan back to the govt. at 2% What if mom and pop could borrow $10,000,000 for free and place the $10,000,000 back into US Govts debt and net 2% ?????