Rob Peter to pay Paul/ Tax Paul to pay Peter back..

More Obama Taxes I don't understand

Quote:
"A new tax on bank transactions, which would raise $120 billion over ten years, focused on big banks that received TARP money. The early accounts of this focus on how it would allow the Obama White House to win points for attacking the banks, but the real reason to do it is to help the budget bottom line."

So we borrow money, to bail out the banks, then the borrowed money breaks the budget so we tax the banks to get the money to balance the budget???


Even MSNBC is starting to see this idiot for who he is.