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AP Photo/Charles Dharapak
Imagine how people would have reacted if President Bush had been caught trying to sneak through legislation that would have illegally given him the power to take over and destroy any financial institution he pleased, on a whim, with zero checks and balances.
That is what Democrats are quietly rushing through Congress for Obama.
It's called H.R. 4173 and it is already through the House. If it is signed into law, Obama will literally gain the kind of terrifying, un-checked power usually reserved for fascists and Third World dictators--the power to strong-arm, intimidate and crush any business that gets in his way. There will not even be judicial oversight.
What's that? Your company refuses to go "green?" Expect a knock at your door. Your business donated to the wrong party? You will be receiving a letter. Your company resists union takeovers? There will be consequences.
If Obama doesn't like what your business is doing, Obama simply gets to take it over, fire the executives, sell off all its stocks, and basically burn it to the ground.
Think about how hysterically Democrats excoriated Bush for merely wanting the power to intercept phone calls from foreign terrorists. Despite the fact that foreigners don't even have rights under our Constitution, we spent nearly eight years straight listening to the left mindlessly hyperventilate about Bush being Hitler and trampling imaginary constitutional rights.
Yet here we now sit, watching those very same Democrats blindly cheer on an actual liberty-killing extremist as he tears the Constitution to shreds, illegally seizing control over one industry after another and destroying the economy at record speed.
Again, when the chips are down, liberals stand for nothing beyond Democrat power.
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Comments
IMPEACH BARRY SOETORO AKA B.O. AKA PEANUTHEAD 2010!!
I am now beginning to understand the frequent use of the guillotine in the French Revolution.
Where are all the usual Leftist demogogues to berate Mr. Moon? Or is Obama becoming too difficult for even ideologues and scoundrels to defend?
Financial regulation is such an incredibly complex issue. I feel sorry for the people that can't/don't/won't educate themselves enough about it and thus buy into Robert's brand of hysteria.
He needs to be impeached without delay. Why has that not been talked about in Congress or anywhere?
so what is the bills number so I can check for my self rather then listen to a rant with out citations
Impeachment is not the answer, we need to call for a Constitutional Convention, and strip the federal government of their power by forcing Constitutional amendments down their throats.
tell me where to find this bill, what's it called? why didnt you post any info on that? very unprofessional!
ohhh the financial regulation bill.
that's Dick Morris link
For the record, I originally cited HR 4173, and then realized that there were multiple financial regulation bills out there and removed the citation until I could make sure I was citing the correct one.
Tom,
Even the ultra-liberal NY Times, with all its left-wing spin, still admits that this bill gives the president the power to arbitrarily destroy businesses.
www.nytimes.com/2010/04/14/business/14regulate.html
Call me hysterical all you want. The facts are clear.
Oh, let me stop you at foreigners "don't even have rights" under our Constitution. The Constitution states clearly that the Government will not deprive any "person" of life, liberty, or property, including intellectual property, without "due process of law". "Person" does not mean US citizen, it means ANY PERSON from any nation. This is how legal immigrants have rights here.
And do not glorify the Patriot Act, that was an unconstitutional bill passed in illegal proceedings not unlike the proceedings of Obamacare, that allows the unconstitutional searching and seizing of people's private property, phone records, and library records. The aforementioned belong to innocent "persons" which the government no right to harass in the name of the fake "War on Terror".
Period.
Confederate Soldier, You don't read very well do you, No place under our Constitution gives non- citizen rights, It states, we citizens, will have those rights, to try and have....
Robert - You've got a funny definition of "arbitrary". The only part of the article that you linked to that comes close to what you describe is the following:
"And it would let the Treasury secretary — with support from regulators and the approval of a special panel of three bankruptcy judges — take over any giant company that posed systemic risk to financial stability, and essentially force it out of business."
But it's really hard to objectively read that statement as giving "the president the power to arbitrarily destroy businesses." I'd say you're playing fast and loose with the facts to try to make them fit your preconceived conclusion.
I am not an economist. Having said that - I am genuinely confused. Weren't we the people angry that we gave money with no strings attached and the companies/banks whatever proceeded to give themselves big bonuses. Is there another bill with teeth out there that addresses that issue? We really seem to lose sight of the objective of - should God Forbid - that we find ourselves here again what are we going to do better/different. Are we really advocating the total lack of control from anywhere except the companies/banks?
Robert, you've become one of my favorite writers. I love reading your stuff. Thanks for letting us know about this--I wasn't aware of this new scheme.
Come visit my page sometime: examiner.com/x-43556-collin-county-tea-party-examiner
Article could be much better. After saying It's called H.R. 4173 don't you think you could devote 2 sentences as to what it says and what it is? Also, too many generalizations. I'd sure like to hear some citations and supportive commentary to anticipate cricism and objections.
You posted a photo of Kenyan-Born Barack Obamalama! He is a "son of Africa" according to these reports.
www.wnd.com/index.php?fa=PAGE.view&pageId=138293
While I share your disgust for Chairman Soetoro's actions, I hope you're not implying that President Bush didn't do his best to shred the Constitution, as well. Just for starters, two works: Patriot Act.
Perhaps it is simply too late to worry about Obama "Change". It appears they new administration can do just about anything it wants without help or approval from anyone. AND they laugh about it. Obama himself said: "bring it on". in regard to opposition to health reform. WE the people voted for this, now we pay the price for our ignorance.
for once in my life, I am ashamed of America. I am refering to the voters who "mandated" this "change". Oh well, suck it up America. I hope you will all be proud 10 years from now when we are a third world country totally destroyed by the son of Africa. You can explain to your children why you wanted this.
Is it me or does it seem that the Land of the Free is heading more toward a dictatorship that is more like the land of Communism?
Is it me or is the Land of the Free, becoming more of the Land of the Dictator and Communism?
these guys are just stacking the deck one administration at a time. Obama is not the closer...wait till you see what comes next.
Check out HR4892 which would grant Obama the right to detain any person or person's at his whim with no due process and unlimited detention. I voted for Obama and I regret having done so. I am no longer affiliated with either party. And lest all of you who are so blatantly attacking Obama, you the neocons, maybe you need a history lesson on the powers that Bush exerted during his tenure. Pre-emptive war, suspension of Posse Commitatus, Patriot Acts. This is by no means a one sided issue.
He is a fascist, but now to SOLUTIONS. Start with this site:
heyteachkp at office live
would address ALL legitimate concerns about health care in the US, save Social Security recipients while TRANSITIONING us away from all these Ponzi schemes that are "entitlement" programs. We don't need to throw Grandma under the bus, we just need to use LOGIC and REAL economics and return to the Constitution.
We can't call a Constitutional Convention with out approval from our state governments. Now, where are you going to find enough of those thief's and liars to give us permission. We the people can't petition any level of the government in this country, without their approval.
Please correct me if I am wrong.
‘‘The Wall Street Reform and Consumer Protection Act of 2009’’
This article is just too obtuse for words. Apparently some people will stop at nothing to exaggerate the facts in order to serve their political agenda. There's a new Sheriff in Rock Ridge, Mr. Moon, and despite the radical right's bluster, most of us couldn't be happier. Get over it.
Has anyone actually read the bill??? Do a Google search and you can find a pdf copy of the actual bill, then read it for yourself and then comment. Don't let other people spew trash unless they have the facts! I'm with Tim on this one!!!
Interesting and disturbing. I would also like to see more source material quoted, but if even half of this is true, we are in for a very rude awakening.
that sounds almost as bad as the USA PATRIOT Act
well all this comes from kicking God out everything where the sprit of the lord is there is liberty where he isnt there is bondage and thats exactly where this country going we are slaves to the lender already. and with people running this country setting the country for a fall on purpose these globalist wnat the country to colapes
Tom has the right of it here. Having read through every paragraph that mentions the president I can firmly say this article is completely out of line and misrepresents the bill in the extreme.
If you would like a search-able, plain text rendition of the bill, you can go to opencongress dot org
This article is simply ridiculous. First of all the previous administration DID sneak through legislation that sidesteeped Constitutionally guaranteed checks and balances. It's called the Patriot Act, rushed through Congress without most having even read the bill. This country saw its biggest constitutional threat when the Bush administration systematically dismantled many of our Constitutionally protections under it. The Patriot Act authorizes warrentless surveillance of US citizens...not foreigners. That means the government can tap your phone or even search your house without benefit of the courts or anyone else giving permission. But instead of taking offense over that real threat to our freedom, you're complaining about a bill that protects us from big banks. The House bill now being debated puts back some of the safeguards that were taken away, safeguards that prevented the meltdown we recently experienced in the banking industry for decades.
Here's a few questions for everyone of you on here. How much government do you want? How much guidance do you need from an entity that DOES NOT have your best interests in mind? Why do you need the government to tell you what to do? Why do you all act like this is a game of kickball and half of you can say "we won, get over it!"? What did you win? A Nanny state? You can't think for yourselves? Maybe before you start mindlessly arguing about a stupid opinion column, you could all read the Constitution and realize that we need to clean house, and remind these "representatives" that they are not ROYALTY, they are not your parents, they are merely stewards of this nation. They love this. They watch both sides nag, bitch and complain, while they raise taxes, make us more dependent, let in illegals, cut deals, gain power, and tighten their hands around our necks. Wake up, idiots.
For those who keep comparing this bill to the Patriot Act - the two are NOTHING alike. The Patriot Act deals with controlling surveillance, this bill deals with controlling our economy. HUGE difference! Nothing near the same.
The world is getting smaller and smaller each day. Meaning people across the miles from East to West and North and South had become people living next door to you. Then, everything else around the globe will be the same whether poor, poverty stricken or richer. Then, we will have no more choice.
You claim all kinds of scary things now back it up with facts.
Where in the bill is it saying all this ? Scare tactics is all your party has to stand on.
Wake up people! We are slowly driving America off a cliff! Hope you all who voted for Obama get what you deserve...this administration is so crooked and evil...we are doomed. Read the healthcare bill and the wall street reform bill and get ready for facism. Libs can stop blaming Bush for everything...name one good and constitutional obama has done. He is not my president. The Constitution states "natural born". Prove he is qualified...oh wait, you can't!
To all you LIBERAL MORONS who can't back this Psychotic Dictator enough,, let me must say this. Althouh None of you have the brains or common sense to see what this Muslim, Commie has already done to destroy this country! He's quadroupled the national debt! He spend more money in the first year then Bush did in Eight! He's a BLATANT FILTHY LIAR and everything he's promised,, he's done just the opposite! Hope you all enjoy paying ANOTHER three trillion dollars before his COMMIE health care goes into affect, after which you'll be getting the same low life care that every other third world country has gotten! Bush NEVER made it a point to appologize to EVERY NATION about our being arrogant! Bush never treated TERRORISTS with such kid skin gloves! This guy is a Tyrannt, no different then Chavis. Finally,, all of us NORMAL thinking Americans are SICK OF YOU LIBERAL SPASTICS having nothing else to say but, "WHAT ABOUT BUSH"? He has'nt been in charge for over a year, GET THE H*LL OVER IT!!!!
All the childish hate from the GOP side has me thinking I need to vote for the Dems in the coming elections to finally stut the party of NO out. I seem to remember all the references to Clinton when Bush was President so if your not prepared with an intelligent adult comment you better start to expect a loss next round of elections.
Your "work" proves again that Examiner is a bogus news source. No professional media would spew the dribble that you do. Sorry for those few at Examiner who are professional... you are an oppinionist in the worst way. Get a life.
Barry, you just don't seem to get it. What makes a news source "legitimate"? Parroting your world view, or being nothing more than a propaganda arm for the Obama administration?
There are legitimate, verifiable concerns raised in this article, and any fair minded person should welcome scrutiny of the allegations. That's what a free press is supposed to do in a free society.
This isn't a left vs. right issue! We ALL cherish freedom, and we ALL need to unite against ANY government entity that wants to suppress liberty. Having the ability to shut down private businesses without any regard for due process is what happened in Germany in the late 1930s. Are you saying this is OK, because it's YOUR GUY in power?
Would you give this same power to a Republican president after winning a future election? No? Then WHY would you trust Obama with this kind of tyranny? Wasn't the takeover of GM frightening enough?
Barry, you just don't seem to get it. What makes a news source "legitimate"? Parroting your world view, or being nothing more than a propaganda arm for the Obama administration?
There are legitimate, verifiable concerns raised in this article, and any fair minded person should welcome scrutiny of the allegations. That's what a free press is supposed to do in a free society.
This isn't a left vs. right issue! We ALL cherish freedom, and we ALL need to unite against ANY government entity that wants to suppress liberty. Having the ability to shut down private businesses without any regard for due process is what happened in Germany in the late 1930s. Are you saying this is OK, because it's YOUR GUY in power?
Would you give this same power to a Republican president after winning a future election? No? Then WHY would you trust Obama with this kind of tyranny? Wasn't the takeover of GM frightening enough?
The Capitalists will sell us the rope with which we will hang them." Lenin
OMG...The corrupt democrats want a new world order.LOL!
Do republicans ever research ANYTHING?Can they ever come up with a solution,can they ever leave their 5-year-old behavior at home just once in Obama's term.Be constructive,watch something Besides
Propaganda-spewing Beck and O'Reilly.
Wilt thou ever recognize that your conservatives in congress actually couldn't give less of a crap about their constituents.They do care about you having employment though.....All those kids out there,whose schools don't get enough money,even though there seems to be PLENTY for Tanks,guns and bombs.....Those kids are lucky enough to at least get a minimum wage job in (R)Sen.Joe 'Jesus'Fallforit's biggest campaign conributor's multi-million dollar corp.
Isn't that smoke making your butt itch yet?
BTW....I don't think the Patriot act was 'imaginary'.Obama took your right to buy insurance execs a 5th home.By all means,you keep
paying the high premiums,and good luck 20 years from now,when you thoughtless morons are suffering from the cancer you could have prevented by supporting clean air initiatives and other environmentally sound decisions,no ozone layer left to protect you.You just weren't willing to give up your gas guzzling SUV because it's YOUR RIGHT AS A SELF CENTERED,POMPOUS AMERICAN ASS to do whatever you want,including ignoring the fact THAT YOU AREN"T THE ONLY PERSON IN THE WORLD...in fact I think a new bill should be proposed that all registered Republican whiners be allowed to keep paying high premiums,and give them a reprieve on receiving any program that stinks of socialism...like public transportation,travel on public roads and highways,public schools,social security,firefighters,Police......
Hey Lib HATER (Original)....More regurgitated propaganda that has NO BASIS IN REALITY. I think I might have lost a significant (better get that dictionary out) amount of IQ points reading your paragraph.You deserve every bit of of the hatred,misery,and hopeless stupidity
your life is steeped in.
Hey NotontheStupidSide - Liberal Democrats have destroyed the educational system, destroying our national security which will cause us to have another terrorist attack and destroying our economy helped greatly by Bill Clinton's great idea to allow low income people to get high mortgages for big houses. Now with what Enemy #1 is doing in the White House, he is farther destroying our national security, weakening our economy even more - he did not like that our economy was getting better.
So how can you say with a straight face that you are not on the stupid side - democrats and republicians are both part of the problem! It is time to have a revolution in this country!!!
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