Submitted by Mary Bottari on
Today the Washington rumor mill sprang into overdrive as word trickled out that the Obama administration was thinking of applying some sort of fee to banks in order to take back bailout dollars and fund deficit reduction. Here at BanksterUSA we are thrilled that the Obama team has joined our "Repo the Dough" campaign and urge it to apply a financial transaction tax to destructive stock market speculation. A one time tax on bank bonuses simply will not suffice. The banksters will find new ways of hiding income so it can't be taxed. And while deficit reduction is important, nothing is more important than putting America back to work, so we urge Obama to support the effort by Rep. Pete DeFazio and Senator Harkin to direct funds towards job creation as well as deficit reduction. Sign our "Repo the Dough" petition today and we will forward it to the White House!
Mary Bottari is a reporter for the Center for Media and Democracy (CMD). She helped launch CMD's award-winning ALEC Exposed investigation and is a two-time recipient of the Sidney Prize for public interest journalism from the Sidney Hillman Foundation.
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