HuffPost Editor Roy Sekoff appeared on The Ed Show Thursday night to weigh in on the new bank tax put forward by President Obama.
While Sekoff called the fee "a start," and applauded Obama's efforts to recoup taxpayer money from Wall Street, he also acknowledged that it wasn't a panacea.
"Look Ed, for the last year, the White House has been in the political equivalent of a torrid love affair with Wall Street. And being in bed is the last place you want to be headed into 2010," Roy said. "This is something he almost had to do. And it's a good thing. It's not a panacea. There's a lot that it doesn't do, It doesn't have structural reform, it doesn't stop the crazy bonuses, it doesn't stop CEO pay, and it doesn't keep the banks from being too-big-to-fail. But it's a good start."
Ed went on to ask Sekoff about Obama's latest approval ratings: 47 percent of Americans approve of the president' job, while 45 percent disapprove, according to "The National Journal." Sekoff believes that today's speech by Obama, announcing the tax is a start to turning around those numbers.
How to vote
Vote-by-mail ballot request deadline: Varies by state
For the Nov 3 election: States are making it easier for citizens to vote absentee by mail this year due to the coronavirus. Each state has its own rules for mail-in absentee voting. Visit your state election office website to find out if you can vote by mail.Get more informationTrack ballot status
In-person early voting dates: Varies by state
Sometimes circumstances make it hard or impossible for you to vote on Election Day. But your state may let you vote during a designated early voting period. You don't need an excuse to vote early. Visit your state election office website to find out whether they offer early voting.My Election Office
General Election: Nov 3, 2020
Polling hours on Election Day: Varies by state/localityMy Polling Place