When Is America Going To Say, ENOUGH!

My gosh!

Never before in my lifetime have I witnessed such an intrusion into the private sector, such an arrogance of Presidential attitude, such a distortion of American Ideals!

I wonder when Americans will grow a pair and stand up to these thieves?

Obama and his Marxist minions are taking over our great country under the guise of 'helping the economy'!

First they bailout every bank they can find because they goofed up over 10 years ago when they repealed The Glasss-Steagall Act and allowed every mother's son to buy a home, regardless of income or ability to pay.

Now Obama and his Marxists want even more authority to take over companies!

Remember, those banks that made those 'toxic' loans and then sold them to foreign banks at discounts?
Remember that?
Who insured those loans?
AIG, that's who!

So now, insurance companies like AIG need to bail out those foreign banks, so our government needs to bailout AIG!

Then they begin blaming AIG for the problem and use the ruse of blaming the executives and their bonuses as being the real problem.
They hire ACORN and 40 union thugs to parade in front of an AIG executives home and threaten to expose the names and addresses of ALL who received a bonus!
Obama thuggery at work!

Now Obama and Gietner want unprecedented power to take over ANY company that is not showing a profit!

U.S. Seeks Expanded Power to Seize Firms
Goal Is to Limit Risk to Broader Economy

The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document.

The government at present has the authority to seize only banks.
Giving the Treasury secretary authority over a broader range of companies would mark a significant shift from the existing model of financial regulation, which relies on independent agencies that are shielded from the political process. The Treasury secretary, a member of the president's Cabinet, would exercise the new powers in consultation with the White House, the Federal Reserve and other regulators, according to the document.

ENOUGH ALREADY!

This is just the beginning my friends!
If they get this kind of power, they will begin to sink their claws into every sector of our lives!
The Government will be everywhere!

Obama will have taken over the entire country and turned the United States of America into the United Socialist States of America, in less than in a single year!

Political Malfeasance and the Financial Meltdown
by George Will
WASHINGTON -- With the braying of 328 yahoos -- members of the House of Representatives who voted for retroactive and punitive use of the tax code to confiscate legal earnings of a small unpopular group -- still reverberating, the Obama administration Monday invited private-sector investors to become business partners with the capricious and increasingly anti-constitutional government.

This latest plan to unfreeze the financial system came almost half a year after Congress shoveled $700 billion into the Troubled Asset Relief Program, $325 billion of which has been spent without purchasing any toxic assets.

TARP funds have, however, semi-purchased, among many other things, two automobile companies (and, last week, some of their parts suppliers), which must amaze Sweden. That unlikely tutor of America regarding capitalist common sense has said, through a Cabinet minister, that the ailing Saab automobile company is on its own: "The Swedish state is not prepared to own car factories."

Another embarrassing auditor of American misgovernment is China, whose premier has rightly noted the unsustainable trajectory of America's high-consumption, low-savings economy. He has also decorously but clearly expressed sensible fears that his country's $1 trillion-plus of dollar-denominated assets might be devalued by America choosing, as banana republics have done, to use inflation for partial repudiation of improvidently incurred debts.

From Mexico, America is receiving needed instruction about fundamental rights and the rule of law. A leading Democrat trying to abolish the right of workers to secret ballots in unionization elections is California's Rep. George Miller who, with 15 other Democrats, in 2001 admonished Mexico: "The secret ballot is absolutely necessary in order to ensure that workers are not intimidated into voting for a union they might not otherwise choose."

Last year, Mexico's highest court unanimously affirmed for Mexicans the right that Democrats want to strip from Americans.

Congress, with the approval of a president who has waxed censorious about his predecessor's imperious unilateralism in dealing with other nations, has shredded the North American Free Trade Agreement. Congress used the omnibus spending bill to abolish a program that was created as part of a protracted U.S. stall regarding compliance with its obligation to allow Mexican long-haul trucks on U.S roads.

The program, testing the safety of Mexican trucking, became an embarrassment because it found Mexican trucking at least as safe as U.S. trucking. Mexico has resorted to protectionism -- tariffs on many U.S. goods -- in retaliation for Democrats' protection of the Teamsters union...

Are you starting to get the picture?

It's all a huge well planed take over!

Cheap Political Theater
by Thomas Sowell
Death threats to executives at AIG, because of the bonuses they received, are one more sign of the utter degeneration of politics in our time.

Congressman Barney Frank has threatened to summon these executives before his committee and force them to reveal their home addresses-- which would of course put their wives and children at the mercy of whatever kooks might want to literally take a shot at them.

Whatever the political or economic issues involved, this is not the way such issues should be resolved in America. We are not yet a banana republic, though that is the direction in which some of our politicians are taking us-- especially those politicians who make a lot of noise about "compassion" and "social justice."

What makes this all the more painfully ironic is that it is precisely those members of Congress who have had the most to do with creating the risks that led to the current economic crisis who are making the most noise against others, and summoning people before their committee to be browbeaten and humiliated on nationwide television.

No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to meet government-set goals for more home ownership. Those lower mortgage lending standards are at the heart of the increased riskiness of the mortgage market and of the collapse of Wall Street securities based on those risky mortgages.

Senator Christopher Dodd has played the same role in the Senate as Barney Frank played in the House of Representatives. Now both are summoning government employees and the officials of financial institutions before their committees to be lambasted in front of the media.

Dodd and Frank know that the best defense is a good offense. Both know how hard it would be to defend their own roles in the housing debacle, so they go on the offensive against others who are in no position to reply in kind, given the vindictive powers of Congress.

When are Americans going to get angry enough to take our country back!
Tea Parties are great, but we need to kick these bums out of office and SOON!

If we don't stand up for America, she'll become just a second rate banana republic exactly like Mr. Sowell predicted...
Wake Up America!

Stop The Spending!