DeFazio and the Trader Tax

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Many people have written me (and continue to write me) about the proposed "Trader Tax" by Congressman DeFazio of Oregon.

Some might wonder why I haven't gotten riled up about this tax. I guess after my stab at populist activism last autumn, where I regularly encouraged people to fight against the Wall Street Bailout – – and saw how far that got us – – I didn't feel like tilting at another windmill.

But after watching this clip of DeFazio on Fox Business News, I find myself newly inspired. I suggest you:

  1. Watch the clip (and pay particular attention to the combination of smugness and ignorance by the Representative)
  2. Look at the bill 
  3. Sign the petition to stop the bill

The notion that people like you and me are "Wall Street" and that we should bail out the country is beyond moronic. Let's do our part to stop this.