Posted on 03/21/2010 9:37:29 AM PDT by Tigen
WASHINGTON -(Dow Jones)- President Barack Obama used his weekly radio address to call for an overhaul of U.S. financial regulation, saying reform is needed to rein in bad practices and better protect consumers.
Obama's remarks come as the U.S. House of Representatives is expected to vote Sunday on a controversial health-care initiative that is one of the administration's top priorities. The president's radio address focused instead on work that the Senate Banking Committee is slated to begin Monday on legislation to retool U.S. financial regulation. ...Warning...
(Excerpt) Read more at foxbusiness.com ...
In November, We the People are going to OVERHAUL the political system in our country.
The president urged senators who support the Dodd bill to remain strong and resist opposition from special interest groups. He also promised to use “every tool at my disposal to see these reforms enacted”
I’d be on board for starting that overhaul soon. I’m free next weekend. :)
This is fascism, not socialism, plain and simple. Until people start recognizing it, it will continue.
Socialism is upon us.
Essential to exactly what?
That his radio address this weekend was on something other than “health” “care” “reform”, indicates that that bill is a done deal, and now 0 moves on to the next leg of the communist takeover.
“He also promised to use “every tool at my disposal to see these reforms enacted”.”
Like a hammer & a sickle?
Obama Says US Financial Overhaul Is ‘Essential’
That is what the health care bill is for.
I don’t think he has ANY IDEA what OVERHAUL means to US!
Next up is cap and tax through the senate, then financial “Reform” (AKA govt takeover) with alien amnesty, then destruction of our military, and to finish it off, a wide reaching gun control bill (basically a ban on all firearms).
Throw in the fairness doctrine and other nasties, and that is what is going to happen before the end of the year. We stop healthcare, we stop the rest of this stuff.
Much like health care, methinks that reform is simply communist double talk for government takeover.
We can expect to see that they will do their utmost to have the decks stacked in their favor by then.
Who is John Galt ?
Obama wants reform in the “Financial Industry” which is just code for Control.
I want reform in the “Congressional Industry”....which is just code for Control.
This community organizer’s demonizing demagogue shtick has become quite boring.
Nonsense, the US government is Too Big To Fail./s
“government takeover” ——> Nationalization by National Socialists.
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