Jesus would support the surtax on Wall St. bonuses

If anyone wants to disagree with me, and make the argument that Jesus would support Wall Street bonuses for bailed-out bankers, please do; I can’t wait to hear you make your case! While Jesus taught the Golden Rule, politicians in both parties believe that whoever has the gold makes the rules.

That is why neither the president nor the House nor the Senate will include the 50 percent tax on bonuses. Americans are outraged, but the politicians prefer keeping the gold to following the Golden Rule.

The bailout continues today. Banks now have access to massive sums of capital at virtually zero interest, which they can loan back to consumers at sky-high credit card interest rates and profit by this government-provided killer spread.

Or they can churn money, taking Fed money at zero and investing it into Treasuries or other interest-bearing accounts while refusing to loan to small businesses that create jobs. Don’t I recall some biblical commentary about the “moneychangers”?

If John Doe or Jane Doe finds his or her job outsourced to slave-wage nations, and they fall behind in their payments, the banks impose the wrath of the Lord on them, and claim it is moral hazard to help them.

If multinational banks engage in incompetent, unethical or illegal actions that destroy the economy and create a near-depression, or receive massive taxpayer bailouts, and then pay themselves gigantic bonuses for their efforts, they claim they should keep these bonuses in the name of what they call capitalism, and claim anyone who believes those bonuses should be taxed and the money returned to taxpayers is guilty of what they call socialism!

Finally, official Washington has reached major bipartisan agreement! The bonuses will not face the tax. The taxpayers will not be reimbursed for the bonuses.

Jesus taught that we should sell our possessions and give the proceeds to the poor, but Jesus did not make campaign donations to both political parties.