The Hill News

Liberal populists in the Congress should join the Tea Party Caucus and propose that it sponsor an amendment to enact a tax on 2008 and 2009 bonuses for executives at bailed-out banks and Wall Street firms, and use the revenue to pay down the deficit and national debt.

Let’s see if Tea Party aficionados such as Rep. Michele Bachmann (R-Minn.) join progressive populists in the anti-bailout bonus amendment.

Those on the right who oppose this amendment would be exposed as socialists for the wealthy, enemies of American capitalism, supporters of the budget deficit and believers in the worst aspects of the bailouts.

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