Saturday, August 21, 2010

Quote of the Day

Banking should be a $100,000 a year job! You shouldn't get to take home billions just because you bet the right way on a bunch of credit default swaps, when you don't even have any capital and bet with some grandmother's savings you lying fuck!
Dylan Ratigan, expressing his feelings about the banking industry in an AlterNet profile.

Comments:
Why we need to return to a steeply progressive income tax.

If the rate for a salary >$1 million is 90%, we can thank the bank for its large contribution to the U.S. government.

While I'm at it, let's tax corporate political contributions at 90%, too. Then I won't care what Target and BestBuy do with their ill-gotten gains. (I'm neither their customer nor their stockholder.)
 

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