links for 2010-01-23

Taxing Wall Street Down to Size – NYTimes.com

The banking system has become an agent of destruction for the gross domestic product and of impoverishment for the middle class. (David Stockman, a director of the Office of Management and Budget under President Ronald Reagan)

(tags: banking banks tax_policy)

Gary H

January 23, 2010 at 12:33 pm

I remember David Stockman well from his time under Reagan. I remember thinking he was in a little over his head – but then again, he was saddled with making sense of Reaganomics.

I’m glad he’s still around and writing. It’s a good article… although he forgot the redundant video stores and coffee shops. I look forward to his book.
Dr. Duru

January 23, 2010 at 2:49 pm

A lot of us are looking forward to the book after this piece. Should be interesting!