For the past year, Francis Cianfrocca and Ben Domenech sat down every weekday morning to chat about politics, economics and the shifting global marketplace. For 2010, we’ll shift to recording once a week. We hope you don’t mind, and we’ll still jump in with an emergency episode or two if breaking news demands it. Thanks for listening, and welcome to today’s edition of Coffee and Markets, a weekly podcast from The New Ledger, brought to you by BigGovernment.com.
[audio: http://newledger.com/podcasts/CoffeeandMarkets011310.mp3]
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Related Links:
Cianfrocca: China is the World’s Most Keynesian State
Bloomberg: Obama to Announce Fee on Large Banks
TAPPER: On the fee for banks, without asking for any details,* how can you guarantee that this, that this fee, tax, levy, whatever it ends up being, is not passed on to consumers and they take another hit when it comes to Wall Street?
GIBBS: Yeah, well, look, obviously, Jake we’ll have a chance to go through the structure of this. The economic team has worked for quite some time on a structure that will ensure that what taxpayers gave to banks to ensure their safety and security, in a time of crisis, is paid back in full. And I can assure you that is one of the things the economic team has taken into account in the structure.
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