UNREAL ~ Boxer Asks Obama to Use Exec Order to FORCE Banks to Lend

[link to www.youtube.com]


Boxer to Obama: Help small banks now
February 3rd, 2010, 11:19 am [link to totalbuzz.freedomblogging.com] Washington Bureau Chief


Senate Majority Leader Harry Reid did call on Sen. Barbara Boxer who asked Obama if he could use an executive order to put in place his $30 billion plan to help community banks loan money to small businesses. Boxer’s race is one of those both parties are looking at closely but hasn’t risen to the level of a full court press from either side.

“California is hurting,’’ Boxer said. “They really want to see a fighting spirit in us.’’

Boxer suggested to Obama that he use TARP money for the bank proposal – either money the big banks that got bailed out have paid back or unused TARP funds. Doing it that way, she believes, would be more immediate than waiting for legislation to pass, if it could.

“I do think it’s better to do that through legislation than an executive order,’’; Obama said. “TARP was a congressionally-created structure with some fairly stringent guidelines in terms of how we are supposed to approach it.’’


This is HOW CONGRESS THINKS ~ ALL POWER TO THE STATE ~ LAW BY DECREE ~ which is what an Executive Order is. Unfukingconstitutional.