Obama May Tax Bankers, Because Otherwise It's Just Not Fair

Because we grew up reading newspapers, we take a look at what they print each day. Today: Florida is cold. Bankers are rich, want to be richer, Rupert Murdoch's television division continues to be the top story for Murdoch's tabloid.

Here are the days top stories.

  • New Jersey will probably legalize medical Marijuana, say the New York Times.
  • Harry Reid's son is another pain in his ass he doesn't need, says the Washington Post (except the skirts part).
  • And the Wall Street Journal reveals a secret Government program to produce more eggs.

Disclosure: I freelance write and report for newspapers that are included in this roundup. Where there is a direct conflict of interest I will make it clear.

The New York Times: reports that New Jersey will probably legalize medical marijuana, which may be a convenient way for New York's bankers to soothe themselves if Obama slaps an extra tax on them. Journalistic skepticism of the Chinese economic miracle continues, schools are lowering their standards on high school exams and Minority Report is coming true (partly). Also, do not mess with old Russian ladies.

The Washington Post: say the Fed made record profits in 2009. (Presented without comment: so did Goldman Sachs.) Somalis in Yemen are a cause for al-Qaeda-based concern, and Harry Reid's son, running for governor in Nevada, is a cause for Harry Reid-based concern. Obvious section: Mark McGwire used steroids, and waiters no longer just remember your orders, they mostly write them down.

The LA Times: lead with the Proposition 8 trial, and also report the government's mulling of a new levy on banks. It's mostly fluff all the way apart from that with a pieces on blind architects, Vancouver, the Museum of Contemporary Art and a (not so fluffy) obituary of one of the men who sheltered Anne Frank.

The Wall Street Journal: lead with the news on a new levy for banks, reignites the mammograms debate, blames small firms for the slump in Europe and exposes a secret program to produce more eggs, which are an essential component of Swine Flu vaccine.



The New York Post: has an end (of Simon Cowell on American Idol) and a beginning (of Harold Ford Jr's run for the Senate in New York).

The Daily News: goes with the Simon Says joke for its coverage of the Cowell departure. And also runs a scary picture of Mark McGwire on the steroids story.