Every once in a while we're treated to a truly delicious bit of irony, and the gods have smiled upon us today. In a move that could only be giving Ayn Rand a post-mortem internal shit hemorrhage, the banking lobby has retained noted Supreme Court litigator Carter Phelps to determine the feasibility of a Constitutional challenge to Obama's proposed bank tax.
Perfectly content to use the Constitution as rolling papers for smoking the giant blunt of TARP largess in late 2008, the banks now stand ready to defend truth, justice, and the American way. I guess patriotism is still the last refuge of the scoundrel.
Don't get me wrong; I think the proposed extraordinary tax is the height of Presidential asshattery. But so is every other unapportioned tax levied upon American citizens. You don't hear the banks complaining about the progressive income tax, and that boondoggle effectively institutionalized slavery in what was once the Land of the Free.
All I can say for the banking lobby is that they've got some balls, a trait I usually admire. In this case, however, the game is already so rigged in their favor that appealing to the Supreme Court for "fairness" is like asking a basketball ref to call double-dribble on a kid in a wheelchair. There truly is no rock bottom for these cocksuckers.
As usual, no matter who ultimately prevails in this little pissing contest, the American taxpayer loses.
Real talk. The tax is retarded for sure and will not do anything to fix problems in the short, medium, or long-term. But, with that said, this is pretty disgusting.
Thanks O'bama!
I can see Al Swearengen [From Deadwood] at his bar with a shot of Whiskey in his hands saying this.
I used to be an Ayn Rand nut until I realized that Atlas Shrugged will probably never play out in the real world. I don't think you'll see the John Galts (read: not bankers) running for the exits anytime soon.
I think Obama needs to read some history and realize that if it wasn't for wall street America wouldn't really be much. In 1895 J. Pierpoint Morgan bailied out the United States goverment itself when it was within days of running out of gold and defaulting on it debts to Europe. It happened before it will happen again when China decides they want their money. And who will be the for the goverment??? Wall street. may not happen tommorrow or next year but it will happen. There is no perfect cashflow or financial system.
Obama needs to get his head out of his ass and realize...The wall street "fat cats" make the world go round.
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