Bank Fees To Cover TARP Losses

The headline says the "administration to announce bank fees to cover billions in TARP losses. What a great idea! Brilliant! Or is it.

This is attributed to Obama but in this administration everything is. The good, the bad, and especially the really ugly, all comes directly from Obama. It's as if rest of the administration is living in a vacuum, or maybe they are all on vacation living at a resort. Yes, its very controlled, very insidious.

Well, how soon it will be before these fees are moved over to ordinary account holders? Not the fat cats, min you. Only to ones that have their paychecks coming to the bank. Only the poor people that are told by the company that without an account you can not get paid. Of course they have very little option, the bank does. What with soaring fees and expenses. Yes, and it's only couple of dollars (a week) is how it will be presented, and viola! TARP money recovered. The fat cat bankers will have their even fatter paychecks for coming up with the brilliant scheme. Quintessential Americana.