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Paul Kanjorski's amendment to give government the power to break up: To big to fall firms.

 
cosmic yo yo
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11/18/2009 07:56 PM
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Paul Kanjorski's amendment to give government the power to break up: To big to fall firms.
[link to www.youtube.com]

Hmmmm, give government more power to infiltrate our financial system, while tring to use government funds to "take care of HIS family" as posted in the above video.
GIVE ME A BREAK Guess what... if they fall, they will get back up! With no government assistance.


“Despite the congressman’s continued objections and statements to the contrary, this amendment would allow for the preemptive break up of financial firms based on size alone which is extremely concerning,” said on financial industry source. “The amendment is misguided, dangerous to our economy, and simply unnecessary.”


The underlying bill would have given the Federal Reserve, as the agent of the systemic risk council, power to force troubled firms to divest of certain assets. Kanjorksi’s amendment shifts the break-up power to the systemic risk council itself.

[link to www.politico.com]

Last Edited by cosmic yo yo on 11/18/2009 08:00 PM
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11/18/2009 07:57 PM

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Re: Paul Kanjorski's amendment to give government the power to break up: To big to fall firms.
This is exactly what Dancin' Queen Barney Frank wants to do.
T For Texas, T For Tennessee!


The virtue of courage is a prerequisite for the practice of all other virtues, because otherwise one is virtuous only when virtue has no cost. There are times when something needs to be done, and yet we know that if we step up and do this needful thing, we will pay a heavy personal price. -C.S. Lewis
cosmic yo yo  (OP)

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11/18/2009 08:05 PM
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Re: Paul Kanjorski's amendment to give government the power to break up: To big to fall firms.
And who would that benefit? The powers that "BE".

Work hard so government can take more of your money and keep it for themselves. How nice...... Idol1

Last Edited by cosmic yo yo on 11/18/2009 08:06 PM
cosmic yo yo  (OP)

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11/18/2009 08:15 PM
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Re: Paul Kanjorski's amendment to give government the power to break up: To big to fall firms.
[link to www.youtube.com]

It seems I remember the purpose of the bail out WAS TO MAKE LOANS POSSIBLE.. More Bull crap to shovel down our throats.

I think the caller summed it up in a nut shell ;)

Last Edited by cosmic yo yo on 11/18/2009 08:22 PM
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11/19/2009 05:30 PM
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Re: Paul Kanjorski's amendment to give government the power to break up: To big to fall firms.
^ is your avatar from touch of evil? just kidding i already googled it. now that i think about it orson welles must have been one of those illuminati occultists into kiddie rape...

lol at the reefer madness scenes and the big box/antenna recording device. by the way i am completely serious. how else would citizen kane be regarded so highly on those all time movie lists, that film was entirely lame.





GLP