Now this is why we vote for Democrats

"We’re already hearing a hue and cry from Wall Street suggesting that this proposed fee is not only unwelcome but unfair.....that by some twisted logic it is more appropriate for the American people to bear the cost of the bailout rather than the industry that benefited from it, even though these executives are out there giving themselves huge bonuses.....What I say to these executives is this: Instead of sending a phalanx of lobbyists to fight this proposal or employing an army of lawyers and accountants to help evade the fee, I suggest you might want to consider simply meeting your responsibilities."

President Obama

The subject of this strong language is a proposed fee, or tax, on financial institutions to recoup as much as possible of the federal money which was spent bailing them out and stabilizing them last year. The days of bonuses in six, seven, and even eight figures having returned, it's hard to argue that these institutions are still in fragile condition -- indeed, they're doing far better than the rest of the economy is doing in the wake of the recession they caused.

Small local banks would be exempt from the proposed tax, which would discourage the big institutions from simply passing along the cost to their customers -- since doing so would put them at a competitive disadvantage against the small banks.

There's some suggestion that the Republicans are nervous about opposing the tax plan, due to a fear of being seen as too blatantly in Wall Street's pocket. And some Democrats in both Houses of Congress want even tougher measures, such as a punitive tax on giant executive bonuses.

This is more like it, guys. Keep it up.