Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ml/nj

Agreed. We were watching the Tim Geithner hearings this week a bit, since you can’t seem to avoid either him or Obama if you have the TV on. Wesley Mouch came to mind.

It was astounding. He talked about having the right to go in and take over private companies if he felt they posed risk to the banking system. When confronted on the radicality of that plan, he seemed dumbfounded and said that it wasn’t radical at all. He thought it was perfectly normal for a non-elected, appointed Sec. Treasury to sweep in and take over any private company as long as he along wanted to. WOW!!

Then Congressman Bachman asked him to point to the Constitution and show her where in that document it indicated that he had the right to do anything in that regard (may have been a different, but related issue) and he just gave that deer-in-the-headlights look. ( U.S. Constitution? Why would that matter?)

But, I believe they are overreaching and a very large backlash is a comin’


53 posted on 03/28/2009 4:19:28 PM PDT by tstarr
[ Post Reply | Private Reply | To 40 | View Replies ]


To: tstarr

Yes, I saw that too. I’m not sure if was taking over companies or If it was dropping the dollar and going with a one world currency. But yes, he was absolutely at a loss understand what she meant by “where in the constitution”, much less how it could be allowed.


62 posted on 03/28/2009 5:24:13 PM PDT by gracie1
[ Post Reply | Private Reply | To 53 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson