The government, starving for streams of revenue, wants to tax major banking institutions under a new regulatory scheme allegedly geared toward reforming the financial industry.

Yesterday (Thursday), President Obama launched a major salvo in his Progressive agenda for (Marxist) reform. Below is a brief excerpt of his statement announcing new banking restrictions, and it’s laced with vilifying rhetoric – complete with threats of pitchforks.

This is criminally brilliant.

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President Obama’s ACORN/SEIU bussed in 100s of union protesters from across the country to stage 2 days’ worth of media events outside of the 2009 American Bankers Association meeting in Chicago.

SEIU leaders Andy Stern and Thomas Balanoff (DSA member) joined with Jesse Jackson and others, demanding that members of the American Bankers Association stop using taxpayer bailout funds to lobby against Progressive banking “reforms.”

From the SEIU website:

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