Please hold on for the Obama speech.
http://www.youtube.com/watch?v=-hOH-8dFzXY
Oh sorry, wrong speech.
Obama blames the banks and wall street but forgets to mention the main issue of the financial collapse was the government action and requirements. The Obama forgets to deal with Fannie Mae or Freddie Mac that are unfunded and a threat just like they were when to contributed to the housing collapse. 4 new GOVERNMENT departments have been created to spend more of the peoples hard earned offices.
Read this bills and see what else no one mentioned. Plan on tighter credit and many people being denied credit. Plan on greater fee’s from banks to pay for the new controls placed on them by the GOVERNMENT. The Obama oppressive government continues to move America toward more GOVERNMENT control, less freedom as well as less for most people needing help. The planned economy is coming a little but continues to spread over our economy and freedom.
We can only hope people wake up and stop believing the GOVERNMENT. We were told that this will stop the bail out that have gone on under Bush and Obama. But wait, the bail outs were government sponsored. EVERY bailout was done because the GOVERNMENT decided to do the bailouts. The truth was that the failures should have been allowed to fail. There was a system to deal with business failure that should have been used. So Obama stop with the lie about tax payer being on the hook for bailing out wall street and banks. The banks paid back the money that they took with interest. Let us ask where is the money that was given to AIG which is not a bank? Where is the money that was given to the CAR companies? Where is all the money that was given to FREDDIE MAC and FANNIE MAE? This bill will be just another failed GOVERNMENT take over of part of the economy….
We need to vote out ALL elitist big GOVERNMENT, BIG SPENDING lifetime politicians regardless of party.
America faces the birth of Fascsolism which is The Obama’s hybrid combining Fascism and Socialism.
