Pelosi insurance tax to fund health care

The house speaker Nancy Pelosi announced on Friday a tax will be placed on high end insurance plans. Currently house democrat leaders are working on finalizing the bill. They are trying to cut around 200 billion dollars from the costs. The congressional buisness office estimated that the bill would be around $1.1 trillion, but Obama wants it to be around $900 billion. This tax has a surtax on the wealthy americans who make over $350,000 a year.
If we want to have a health care plan this would be a wonderful way to fund it. With the shortage of money and the weak economy it would only make sense to tax the people that have a great amount of money. Although the rich may disagree they should stop being so selfish and have some civic virtue. Many of those people have no need for most of their money, but they still want more, more, more. Its about time our government started realizing the wealthy should fork out the most money because they need it the least.

Ashton's blog/Obama Warns Wallstreet

In the article i read Obama was making a clear statement about warning wallstreet. Over the years wallstreet has been behaving recklessely and Obama finally took a stand. He explained how they were mainly to blame for almost causing another depression. Being as that Wall street is the "influential finacial interests" of American finacial industry everything mistake they make affects Americans. Obama announced to Wall Street that they could no longer count on another bailout so any further slip ups with have dire consequences. Obama says although the economy is recovering we cant slack or the same thing will happen. He basically says we need to learn from our mistakes to keep this country stong as useual.
I strongly agree with this speech Obama finally came out with and i believe so do many other Americans. Since Wall Street plays a great role in this country fiancial aspects every little thing affects us all so we rely on them doing a good job. This speech may have woken then up a little, hopefully helping them realize the fate of our country depends on them. Going back to an assignment i did we all need to have civic virtue and not think of ourselves 100% of the time. There are low many greedy people involved with Wall Street and i believe thats part of the problem. They want more, more, more, and when hundreds of people think this way it ruins everyone else. If Wall street does not fix their problems, Obama will intervene and remove these viruses from the body of society.