the meltdown was caused by the expansion of the money supply not deregulation
On Thu, Dec 31, 2009 at 6:09 PM, KRUB <[email protected]> wrote: > Bill Clinton repealed the “Glass-Steagall Act” that would have > prevented the banking melt-down. > > Obama Lied > > BHO said over and over in hundreds of speeches the first thing he was > going to do was get the US out of Iraq. He said there was “no > military solution in Iraq.” As the election drew nearer he started to > modify his stance and after election he followed the course George > Bush had been planning. He also sent 40,000 more troops to > Afghanistan and that won't be enough. > > BHO swore that he would vote to repeal the Patriot act but than he > voted for its re-authorization. > > BHO decried Bushes warrentless wiretapping of the American people than > he voted to legalize it. > > BHO said that he would filibuster any bill that gave immunity to the > telephone companies, than he voted ‘for’ that bill. > > BHO said he would renegotiate NAFTA and GATT and while the echos of > his voice were still fading he sent staff members to Canada to > reassure them that it was just campaign rhetoric. It was a lie. > > BHO said he was going to bring transparency to government and a > balanced economy. Balanced? He added more debt to the economy in the > first 90 days than Bush did during his entire administration. > Transparency? His stimulus package was hundreds of pages thick when > he submitted it to congress to vote on and congress had 10 minutes to > look it over. Transparent? > > He said any bill sent through congress would have a minimum of 3 days > before action would be required and practically the very first bill, > the stimulus package, was sent to congress with less than 10 minutes > to read hundreds of pages and vote on it. Slimy slamma lied. > > Slamma said he would close Guantanamo Bay facility. First he wanted > to bring all the prisoners to the US but now he says now, some > prisoners may need to be held indefinitely. > > Obama said he would not raise taxes yet he is planning a tax on every > type of energy, gas, electric, oil and on everything that farts > (except people, so far) which would be a tax on all your meat, dairy > and poultry. He also wants to tax your health premiums. > > He wants to make Health care available for everyone (including > illegels) but the Trillion plus price tag is yet another tax. There > is no cost savings in his plan, it is only a plan to subsidize the > health industry. He, like Bush, has never mentioned the 1 and 2000 % > profits being made by the pahrms or anything about the restrictions > imposed by Bush about buying cheaper prescription drugs in Canada. > > He said he was going to put limits on bonuses to large corporations > but exempted from that legislation are people like AIG, Fanny Mae & > Freddy Mac. > > Slamma passed long overdue credit card regulations but it won’t come > into effect for a year which allows time for banks to raise rates as > much as they want and to lobby for changes before it comes into > effect. > > The Capitol Center started by G Bush they call “a monument to > democracy” when it should be called a monument to graft and > corruption. It was finished 3 years late and at double the price > tag. That is what happens to “government” deals especially when their > proximity to the law makers is so close. > > The cornerstone of Obama's campaign was he was going to keep lobbyists > and donors out. One day, ONE DAY after inauguration he began filling > the White House with just that. Besides those already stated, here is > a few more Obama swore he would keep out. > > William Lyonx - top lobbyist for Raytheon got the #2 position at the > DOD. > > Timothy Geithner former president of the Federal bank of NY to > Secretary of Treasurer. > Geithner than stuffed his depart full of fellow lobbyists. > > Leon Panetta to head CIA. > > George Mitchell named special envoy for the Middle East, to lead the > middle east envoy. > > Tom Daschle lobbyists for health care firms to run the department of > Health & Human Services. > > Three weeks into Obama’s administration he said he was unhappy (*) > with the bank bailouts which he had pushed as the “cure” for American > economy. So who got anything out of that? The banks got billions I > know and the executives got millions in bonuses. > > This is by no means a collection of “all” the lies, only the > beginnings of a list. Somebody needs to keep track of the lying > narcissists illegal pseudo president. > > Documentation under seal by Obama includes his kindergarten records, > Punahou school records, Occidental College records, Columbia > University records, Columbia thesis, Harvard Law School records, > Harvard Law Review articles, scholarly articles from the University of > Chicago, passport, medical records, files from his years as an > Illinois state senator, his Illinois State Bar Association records, > any baptism records and his adoption records. > > -- > Thanks for being part of "PoliticalForum" at Google Groups. > For options & help see http://groups.google.com/group/PoliticalForum > > * Visit our other community at http://www.PoliticalForum.com/ > * It's active and moderated. Register and vote in our polls. > * Read the latest breaking news, and more. -- Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
