May the Lord direct your hearts into God's LOVE and Christ's perseverance.
Warning against Idleness... 2 Thes 3:5
If Present Ohbummer was the least bit serious about
jobs he would ask the congress to begin untangling job strangling regulations, no really! We have seen the holding off of
the eco-nazi regs the EPA was about to put on the energy industry, but that was simply to attempt to take the issue off the
table for the election. The removal of the Frank Dodd banking bill would stimulate the housing and business world immediately.
Even though there is a liquidity problem worldwide, the removal of this bill would allow banks to begin loaning to businesses
and homeowners without massive gummit interference. This is like asking your sprinter to win a race while you have him chained
to the starting blocks.
The American communists have taken over the DNC and have instituted
everything that the Soviet Union attempted to install and failed where our commies have succeeded. They have turned a semi-capitalistic
system into a jack-booted regulatory central planned economy that is now failing. If Ocommie was serious about creating jobs
and releasing the economy from his choke hold he would have congress reverse every one of his Party’s regulations on
that economy to allow a free market. This would be a 20 year program of untangling and reversing this oppressive gummit burden.
One of the first to get this economy going would be to eliminate the Frank Dodd banking regulations. This bill has pretty
much single handedly eliminated the bank’s ability to make loans in an attempt to destroy the banks and nationalize
them by these two longtime devoted communists.
What the bill essentially does is triple
the amount of paperwork and regulations for the banks so all loans in Peoria are issued out of the District of Corruption.
Most are disallowed for a variety of reasons and the least of which is the ability to pay the loans. Most of them are social
justice validations and the elimination of any way to underwrite the risk of the loans similar to Obamacare and the healthcare
industry. This is simply a veiled attempt to finish off the banking and financial industry and turn it over to a Soviet style
gummit in the District of Corruption. After the banks are destroyed there of course will be a Central National Bank similar
to the one Black Whiteguilt Oblack will be proposing at his Jobsplan 4.0 speech where good little Party members will get loans
and oppositionists will be turned away. Since these Soviets own your healthcare they may as well own your finances too.
How can anybody take seriously a banking program that was invented to solve the financial crisis
caused by Frank and Dodd expect it to be solved by Frank and Dodd. These two should be jailed the rest of their lives rather
they will be living the life of luxury and making our lives worse. The second problem besides burying these banks under a
mountain of paperwork and regulations eliminating most small banks who can’t handle the added expense is it makes loaning
money nearly impossible. Many of the local banks have given up on attempting to loan money because the rules are too difficult
to overcome. When a bank has no way of loaning money it basically has no method of making money. This is like telling an oil
company it can’t produce oil, how stupid would that be; oh wait.
This bill also defines
what is a bank and what isn’t to the point if you loan a friend a hundred bucks you may fall into a bank category and
need help from Frank/Dodd in reporting that loan. This regulates everything all the way down to the Payday loan companies
to make sure DC has everything under their control. The only financial institution Frank/Dodd doesn’t control or audit
let alone reform is Fannie Mae and Freddie Mac. The two biggest mortgage banks and loan purchasers in the country were amazingly
able to avoid the scrutiny of the congress thanks to Frank/Dodd. This of course is to avoid their own massive fingerprints
on the financial meltdown when those corrupt institutions brought the rest of our economy tumbling down and to maintain one
of the largest financiers of the DNC.
So what this bill was meant to do was to turn every
bank in America into another Fannie Mae and allow Fannie Mae to escape any scrutiny. These commie libs hate anything that
resembles capitalism or profits and love everything that destroys capitalism and profits. They believe every dollar of profit
belongs to them and only they know the proper way to distribute it, for a 50% redistribution fee of course. We need to eliminate
this and every other Soviet style bill as soon as we possibly can to allow the loans to be made and to restart the economy
in every area that has been destroyed.
We have been taught to hate bankers, oil executives,
corporate jet owners and every other successful person so we can punish them with Frank Dodd type punishment. Through class
envy we have been taught to hate the very people who make this economy work using Marxist dogma by power hungry groups inside
the DNC. Just like every other Marxist country we are suffering the same fate of high unemployment and a dying economy. Central
planning does not work and cannot work because it is too complex to manage let alone plan in a dynamic system of this size
and complexity. This is why regulatory bills like F/D have no chance of making things better and only worse when they were
written for political reasons and to punish. We need to eliminate these regulations for economic reasons.
Every law like F/D that puts a restriction on an industry needs to be torn up and thrown in an EPA free burn barrel.
We have to unshackle our economy from these Soviet style planners and let it breathe. We have to have Conservatives run on
their elimination and let the American people decide whether they would rather live in the Soviet Union or America. We need
our congress to put forward bills to kill Frank Dodd soviet style legislation to create jobs and bring back the economy. They
need to stop talking about it, and start passing bills to free the industries and make America a free market again. They may
get shot down by Pravda, Reid and the talking heads, but the American people can see past that and has the wisdom to know
the truth. It is time our politicians trusted the American people and explain to them why these and other DC programs need
to be fixed or eliminated to remake our Shining City on the Hill.
Pray for America