Today, President Obama, upset about the "obscene profits" being made by big banks, proposed that they be charged a “Financial Crisis Responsibility Fee” so that the American people can recover the money they lost bailing out AIG and GM. (The President is taxing banks for the same reason Willy Sutton robbed them: that's where the money is.)
The fee is, of course, a bill of attainder aimed at Wall Street bankers, and like it or not, "Wall Street" means "Jewish" to a lot of bad people. Folks blame the mess on people and firms with names like Goldman, Sachs, Blankfein, Greenberg, Lehman, and even Dimon (who who isn’t Jewish but sounds like he might be, which is close enough for the torch and pitchfork crowd). The President’s plan, and the speech announcing it, validate resentment, and in so doing, give a green light to the mob to do its worst.
I know BHO was a Constitutional Law professor. But what country’s constitution did he teach? Implicit in his proposal is the principle that it is ok to tax those people that our politicians blame for our ills. That seems to me bad medicine, but if we are to adopt that principle, we ought to do it right. Why limit the evildoer's punishment to mere confiscation of assets? Certainly, some degree of opprobrium should attach and a way be found for the rest of us to spot and shun those responsible for our problems. I suggest that anyone associated with a taxed bank be required to wear some emblem - I'm thinking a green arm-band with a dollar sign on it - to indicate that he is responsible for the financial crisis and ought not to be treated by ordinary citizens any better than he is treated by their government. That is the point, is it not?
Just a thought.