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Butchers offer financial services? "Completely false," says Obama

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posted on Oct, 11 2009 @ 02:36 AM
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Butchers offer financial services? "Completely false," says Obama


blogs.reuters.com

President Barack Obama started his day by learning he had won the Nobel Peace Prize, but that didn’t stop him from quickly turning downright prickly.

After a meeting with Americans who had been ripped off by the financial system, Obama on Friday said big banks and the U.S. Chamber of Commerce were trying to block some of his efforts at financial regulatory reform.

They specifically want to torpedo his plan for a Consumer Financial Protection Agency, he said.
(visit the link for the full news article)



posted on Oct, 11 2009 @ 02:36 AM
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The Obama administration wants to further its demonic hellish agenda of destroying this country by turning it into a socialist nightmare. Recalling a wish he had as a young Kenyan child to completely undermine the American capitalist system by growing up becoming president winning the Nobel prize and thus his cabal of evil would be complete.

But that satanic dream of the young Anti-Christ is in jeopardy because the benevolent and completely trustworthy U.S. Chamber of Commerce wants to block some of this dastardly evil plan of financial regulatory reform.

On his hit list is the saintly stopthecfpa.com... A consumer advocacy website by the US Chamber of Commerce which says that this horrid twisted plan will create a massive new government bureaucracy and thus destroy small business.

They have released this information in order to block H.R. 3126 a evil demonic piece of legislation RAILROADING it's way through the house subcommittee on Financial Services then further eviled up by the Committee on Energy and Commerce.

The evils of this bill and the wickedness of the Obama administration who want to completely undermine the financial institutions of this country who for decades have been toiling under the oppressive yoke of harsh regulations which itself was responsible singularly for the economic collapse late last year.

In it's beneviolence the saintly US Chamber of Commerce helped release two informative and completely accurate videos on YouTube in order to try and educate the public about this ghastly plan.




Is your mortgage confusing to you? Are you bewildered by credit card offers? Do you crave the simplicity of "plain-vanilla" financial vehicles whose complete terms can be read in less than four minutes?





David Hirschmann on the need for better, not more, government.


Obviously on the payroll of "Demoncrats" the website baselinescenario.com who want to help promote this monstrous agenda of ever expanding government and even more financial regulations on the already over regulated financial businesses says...


Since protecting large banks at the expense of consumers is the current goal of the regulatory structure, other goals such as collecting data on actual experiences of consumers (something researchers have a difficult time finding, and have to use poor substitutes like aggregate consumption diaries), having in-depth knowledge locally on scene, and fighting regulatory arbitrage among the current 11 agencies that investigate this material fall by the wayside.


The president claims that this regulation would only affect financial firms. But smart businesspeople know that it will only destroy small businesses and push his agenda further of the complete and total destruction of the Earth and all of humanity.

/sarcastic tone to reporting.

blogs.reuters.com
(visit the link for the full news article)



 
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