- Financial 'Reform' Bill Will
Guarantee More Stealng
The Fruits Of OUR Labor
By Devvy
5-11-10
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- The Congress has been busy. Why, haven't you seen all
these stern looking professional politicians from both sides on cable news
networks jockey for their "solution" to our dire economic situation?
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- It's all a load of highest grade manure.
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- What we're seeing, again, is simply more of the same.
Massaging the cancer instead of cutting it out. Most members of the U.S.
Congress have zero understanding of Art. 1, Sec. 8 of the U.S. Constitution.
Most members of the U.S. Congress have zero understanding of our monetary
system. Most members of Congress are gutless cowards. They refuse to take
on the establishment elites who own the banking cartels world wide -- with
the exception of Rep. Ron Paul.
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- Many members of the House and unlawfully seated U.S.
Senate[1] [a] will not be returning in January, i.e., crooks like Christopher
Dodd [D-CT] and David Obey [D-WI]. They have nothing to lose and everything
to gain by voting for the interests of the world banking cartels and against
we the people - and they will.
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- The so-called reform underway - even if the thieves in
Congress actually knew the meaning of reform - is not the whole solution,
it's merely another political tool to keep the money masters in control
of our financial system. Instead of going for the jugular, Congress is
getting ready to con us again with more rules, more regulations, more useless
government jobs and lots of political posturing for the upcoming primaries
and pretend election in November.
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- There are a few proposals that will and should be implemented,
i.e., repealing the disastrous Gramm-Leach-Bliley Act, signed in November
1999, by Marxist Bill Clinton, which repealed part of the Glass-Steagall
Act of 1933. You might compare that stupidity with pistons in a race car
engine getting ready to rev up; the crash would take some time.
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- The popular Sen. Richard Shelby, lead Republican on the
Senate Finance Committee wants you to support his non reform proposal:
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- "As the Senate moves toward a final vote on the
bill in the coming weeks, Shelby said it must include reforms for Fannie
and Freddie to address the root cause of the recent financial crisis. "For
decades, these multi-trillion dollar institutions leveraged the implicit
backing of the American taxpayer to encourage mortgage lending to people
who could not afford to repay the loans," Shelby said in the weekly
Republican address. "But when home prices finally collapsed, these
ticking time bombs exploded, saddling taxpayers with hundreds of billions
of dollars of debt," he said.
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- Read the rest Here!
- http://www.devvy.com/new_site/bretton_woods_051010.html
- Visit Devvy's website at: http://www.devvy.com.
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