(The following are excerpts from an Investor’s Business Daily article titled “The War on Banks”.  You can view the full article at: Read the complete article at http://www.investors.com/NewsAndAnalysis/Article.aspx?id=518187

You can also view Rep. McCotter’s remarks to Fox News about the bank tax plan.)

Financial Crisis: The White House wants to impose a stiff new tax on banks to punish them for their role in the financial meltdown. That’ll really get them lending again … won’t it?

We have to admit we’re a little perplexed. The White House and Congress have complained over and over again about the banks’ “failure to lend” to get the economy moving.

Yet they now want to impose massive new taxes on the industry through an Orwellian “Financial Crisis Responsibility Fee” — supposedly to recoup TARP bailout funds and rein in bank risk-taking. …

This is so destructive of our financial system that we can only think it must be intentional. Indeed, it’s been a long-held desire among those on the left to control the nation’s private financial system — to harness its massive amounts of capital as a funding source for their social-planning agenda. …

Starting in the 1960s, and spearheaded in Chicago by far-left “organizer” Saul Alinsky, it has worked like a charm. Today our banks seem terrified of being publicly mau-maued for supposed racial and class insensitivity. They dare not stand up for themselves.

As angry as Americans may be with the banks, they need to see these moves for what they are: An outrageous attempt to seize control of a private banking sector that needs profits to grow.

If you cherish having a credit card, securing a home loan based on your ability to pay or getting money to start a small business, you will oppose this attack on banks with all your might.