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2500 page Financial Reform Bill fine print: SEC can refuse Freedom of Information Requests
WebToday ^ | 8-2-10 | WebToday

Posted on 08/02/2010 8:01:00 PM PDT by geraldmcg

If you thought it ended with ObamaCare, think again.

By “it,” we mean the irresponsible act of Congress to ramrod massive legislation through its chambers with far more regard for incestuous political praise than public service, only to find out, after the fact, that assaults on our Constitution and our individual freedoms were buried in the thousands of pages that this same Congress didn’t have time to read.

Bob Beauprez (R) is a former Congressman from Colorado, now political commentator, who can only sum up what he is witnessing in the past 18 months under an Obama, Reid and Pelosi government by saying, “I keep hoping that this is all just an Atlas Shrugged dream and that I'll soon wake up in the America that was.”

Before concerned citizens like Beauprez are even done unwrapping the Halloween bag of razor-blade-surprise candy that is last March’s healthcare reform law, the curtain is coming down on the details hidden inside the recently passed financial reform bill.

Not only is it not pretty, critics are finding it’s not even a model for “transparency” as the President hailed it would be. In fact, it’s quite the contrary in some glaring cases.

Most recently, it has been revealed that the government regulatory Securities and Exchange Commission (SEC) is now exempt from the Freedom of Information Act and, therefore, no longer has to disclose anything it knows to the public. In other words, the SEC can now make its own rules and doesn’t have to cooperate with public investigations into criminal financial dealings of any kind.

This latest Congressional debacle, observes Beauprez, only “underscores the huge problems that arise when these massive pieces of legislation leave so much ‘rule making’ up to the agencies with zero accountability back to Congress.”

“If this is allowed to stand,” he continues, “government will be allowed to operate in a vacuum completely inaccessible and unaccountable to the people. It is a perversion of ‘government deriving its just powers from the consent of the governed.’ It seems that we are being bombarded almost daily with another revelation that the ‘central planners’ are seizing more power, exercising more secrecy and applying more coercion—all at the expense, of course, of individual liberty.”

Related stories at: http://www.888webtoday.com


TOPICS: Business/Economy; Conspiracy; Government; Politics
KEYWORDS: alldncallthetime; carboncredits; davidgregoryswife; dncrico; fanniemae; financialreform; foi; nbccoverup; noaccountability; nofoia; nohonesty; nointegrity; nojustice; notransparency; notruth; patent6904336; politics; sec

1 posted on 08/02/2010 8:01:03 PM PDT by geraldmcg
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To: geraldmcg

No, I never thought it would end with Obamacare. I know it’s not done with FinReg. He’s only begun the destruction & plunder.


2 posted on 08/02/2010 8:04:28 PM PDT by anniegetyourgun
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To: geraldmcg
Most recently, it has been revealed that the government regulatory Securities and Exchange Commission (SEC) is now exempt from the Freedom of Information Act and, therefore, no longer has to disclose anything it knows to the public. In other words, the SEC can now make its own rules and doesn’t have to cooperate with public investigations into criminal financial dealings of any kind.

Things like, oh I dunno.... who's heavily invested in the "Carbon Exchanges" and stands to gain should Cap-and-Trade pass.
[/cynic]

3 posted on 08/02/2010 8:06:38 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: geraldmcg

“If you thought it ended with ObamaCare, think again.”

Not where I think it will end. I wonder...how will third Manassas turn out?


4 posted on 08/02/2010 8:13:36 PM PDT by jessduntno (I wonder...how will third Manassas turn out?)
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To: geraldmcg

What these A-holes in the Dem majority Congress are doing is criminally assaulting our Constitution with their middle fingers extended as they ram through one Leftist wet dream after another.

The Left has been working a long time towards the establishment of this Leftist Administration as I see it today.

I believe we are being had by a well planned, well organized sting operation by criminal enterprise(s).

The only way to beat them at this is to defund, defeat, any and all of their Leftist legislation no matter how far back we must go to reestablish the Constitution, and enforce laws that they today are not enforcing in favor of their criminal enterprise.

IOW take back our country starting this November.


5 posted on 08/02/2010 8:24:44 PM PDT by rockinqsranch (Liberalism draws criminals as excrement draws flies. Liberals are only good for bait.)
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To: geraldmcg

Glad we passed the bill so we can now find out what’s in it.

FY, Scott Brown.


6 posted on 08/02/2010 8:28:38 PM PDT by denydenydeny (You're not only wrong. You're wrong at the top of your voice. --Spencer Tracy, Bad Day at Black Rock)
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To: geraldmcg

Then the Freedom of Information Requests isn’t free anymore.

Will they change the title now?


7 posted on 08/02/2010 8:29:38 PM PDT by TribalPrincess2U (demonicRATS... taxes, pain and slow death. Is this what you want?)
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To: rockinqsranch

A M E N !


8 posted on 08/02/2010 8:30:26 PM PDT by TribalPrincess2U (demonicRATS... taxes, pain and slow death. Is this what you want?)
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