To: DelaWhere
Note the key word: “all.” If the FSB, in its international wisdom, considers an institution or company “systemically important”, it may regulate and over see it. This provision extends and internationalizes the proposals of the Obama Administration to regulate all firms, in whatever sector of the economy that it deems to be “too big to fail.”<<<
Even I did not expect obama to sell us out so quickly.
This is unreal and must be stopped and quick.
by the time the next election date is due, there will not be a country left to hold it.
6,266 posted on
04/08/2009 6:13:29 PM PDT by
nw_arizona_granny
( http://www.freerepublic.com/focus/chat/2181392/posts?page=1 [Survival,food,garden,crafts,and more)
To: nw_arizona_granny; DelaWhere
This provision extends and internationalizes the proposals of the Obama Administration to regulate all firms, in whatever sector of the economy that it deems to be too big to fail.<<<
Even I did not expect obama to sell us out so quickly.
I did expect him to want to do this, but didn't think he and his cronies would actually try to do so much damage so quickly. Or that people would be so blind to it.
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