Bank Tax

See media full of Canadian government Cabinet Ministers 'globetrotting' around the world campaigning against a bank tax to cover future bailouts...

Let's see...our government opposed a bank tax because our banks did relatively well during the recession. Hmmmm...as if doing well means one should not take steps to protect a whole industry/economy to ensure problems don't arise again.

Seems this is a case where our government is once against pitting folks against each other. The 'folks against each other' are now the banks in Canada and elsewhere. In this age of globalization what affects one financial sector seems to affect all financial sectors worldwide. Should all banks participate in providing necessary resources to help bail out any future difficulties? Or should governments, like ours, continue to appeal to nationalistic sentiments suggesting that 'our" banks shouldn't be asked to help out other banks?...

Of course bank profits have been rising rapidly in recent months. My own particular bank made $1.3 billion in just 90 days some time ago.. they are so so hard done by!!

"us against them" seems to be a mantra of the current federal government.