Maxine Waters: Obama should threaten to tax “gangsta” banks out of business

Waters’ definition of a “gangsta” bank: Apparently, one that refuses to tear up existing mortgage contracts and renegotiate them on terms that are certain to eventually drive them out of business. The nerve!

Funny how on the one hand Democrats will tout tax hikes as a way to increase revenues to the government, and yet here we have Waters basically conceding that higher taxes can kill a business or even an entire industry. Hmmm.

Thankfully, yesterday was the final stop for the Congressional Black Caucus Cross-Country Rabble-Rousing Tour.

Via Breitbart.


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