FINANCIAL REGULATION BILL IS SOCIALISM

It was obvious we desperately needed Scott Brown's 41st vote in the Senate against ObamaCare, but since that failed miserably, Brown's vote in favor of the socialist takeover of the Financial Services industry is a shot to the stomach. This bill gives overwhelming power to the government, and completely ignors a basic ingredient to the economic crisis our country faces today - Freddie Mac and Fannie Mae.

FINANCIAL REGULATION BILL IS SOCIALISM

So how did it pass? Four Republicans sold out, that´s how! http://bit.ly/aHDZcu

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Comment by Cathy O'Brien on May 23, 2010 at 7:43pm
Good one, Ralph. There is still time to block this takeover.
Lean on these 4 RINOs, and hold them accountable. This can be stopped.

Also, we now should focus on the "Gang of 8", who voted for Cap & Trade in the House:

Bono Mack Mary R CA 202-225-5330 202-225-2961
Castle Mike R DE 202-225-4165 202-225-2291
Kirk Mark R IL 202-225-4835 202-225-0837
Lance Leonard R NJ 202-225-5361 202-225-9460
LoBiondo Frank R NJ 202-225-6572 202-225-3318
McHugh John R NY 020-225-4611 202-226-0621
Reichert David R WA 202-225-7761 202-225-4282
Smith Chris R NJ 202-225-3765 202-225-7768
Comment by Ralph Fucetola on May 23, 2010 at 5:46pm
We must not give up; tell Congress to deal with this bad bill in the Conference Committee.

Here is an Action Item about this bill:
http://salsa.democracyinaction.org/o/568/p/dia/action/public/?actio...
Comment by Cathy O'Brien on May 23, 2010 at 4:59pm
If people don't wake up soon, we will be living the Orwellian Nightmare!

LIGHTER SIDE

 

ALERT ALERT

Obama Lies Again: – Ignores That The Year After Signing The Stimulus More Than (4) Million Jobs Were Lost

Former President Obama, the only President in US history who had his FBI and other Intel agencies spy on the opposition party candidate, claims that he created the great economy that Americans are enjoying today. The only thing Obama created was debt and massive job losses with his horrible economic recovery.

Yesterday the former President tweeted an effort to take credit for President Trump’s successful economy:

Joe Hoft@joehoft

Of course another @BarackObama lie. He can’t open his mouth without lying. 11 years ago the US lost (4.3) million jobs over the next 12 months. Horrible liar. https://twitter.com/barackobama/status/1229432034650722304 

Barack Obama  @BarackObama

Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history.

President Obama’s policies were a disgrace and a failure. He doubled the national debt in spite of zero interest rates from the Fed. His recovery was the worst in US history.

Also, Obama’s assertion is just plain false. The ‘Stimulus’ was passed in February 2009 right after Obama took over the Presidency. He promised to not pass any bills for at least a week to allow for the bills to be read by the people but lied as soon as he was sworn in. The Stimulus was hundreds and hundreds of pages of government handouts to Democrat districts and it was close to $1 million. This was not what America needed and it led to the Tea Party.

Far-left Wikipedia has this to say about the Stimulus:

Note that in his infinite wisdom, NYT economist Paul Krugman is credited with arguing that “the stimulus was far smaller than the economic crisis warranted”. (He also said the markets would crash and burn if President Trump was elected President.)

The data shows that the 12 months after Obama’s stimulus, the US lost 4.3 million jobs:

In Obama’s first three years he netted a loss of 1.5 million jobs compared to President Trump who has added more than 6.7 million jobs.

When it comes to the economy, the billionaire schools the community organizer every time.

Tucker: Bloomberg is trying to buy the election

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