The US Senate just passed the finance reform legislation that gives the Federal Reserve unprecedented power. What is Congress thinking? They gave the Federal Reserve (Timothy Taxcheat Geithner the power to decide who's "too big to fail." This power extends far beyond Wall Street companies.
This legislation was sponsored by the "infamous" Barney Frank (D, MA) and Senator Chris Dodd (D, CT). Recall that it was Barney Frank who forced our banking industry into accepting sub-prime mortgages and it was Chris Dodd who was subject to Senate ethics violations. The legislation IGNORES the problems created by Frank because it does NOTHING to fix regulating Fannie and Freddie Mac. (Both of these mortgage companies hold over 50% of all US home mortgages and they have unlimited power to borrow as much money as they demand from the US Treasury. How can this be? Perhaps there was a slight conflict of interest in its authorship. Thank Barney Frank for that!!
Denounce One Party Rule
America, the one party rule is destroying us. Obama's Socialistic/Marxist policies are killing jobs and breaking our economy. The present controlling political leadership is following the Cloward and Piven strategy. (In case you forgot, Cloward and Piven proposed to deliberately overload the system in order to destroy the US economy and Capitalism. It is a Marxist strategy which evolved in the 1960's).
Action To Take
Don't let a One Party Congress continue. There are NO CHECKS AND BALANCES under this arrangement. We need to change this in November. Vote-out ALL DEMs and incumbents. Remove the corruption and bring back honor and integrity to Washington.
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