BarackObama.com Admits His Aim of Marxist Financial Market 'Control'

RenewAmerica.com ^ | 4/18/2010 | Arlen Williams

[Tigen]

Sharia Law!

[Mr. Wright]

We, who voted against this moron, knew this before the election. However, I still cannot believe the idiots who did vote for this guy. America is truly loaded with uneducated, and misinformed voters — much of it can be attributed to the work of the State-run media.

[unspun]

Why not just OUTLAW Derivatives ? No more Derivatives. we got along without them for years, we can do it again.

Frankly, I feel the say way about for-profit insurance companies (and of course no way, government run insurance).

[unspun]

say = same

[Gene Eric]

Your Hope has been redistributed. Here’s your Change.

[unspun]

Good graphic. Intending to use it. Do you know who may be credited?

[4Speed]

“Frankly, I feel the say way about for-profit insurance companies (and of course no way, government run insurance).”

Well, Insurance companies, like banks, are heavily regulated, including the amount of $$$$’s commanded by the Government to be kept for paying Claims. Profits are mandatory to pay claims, and Insurance Companies are in the single digits profit Percents.

Insurance companies because of their buying power (so to speak) negotiate lower rates for payments, and that benefits all of us.

The FHA/Fannie Mae have had their OWN, Stand alone, Regulatory agency of 250 Federal staffers just to “Regulate” and oversee the Fed. mortgage lenders....and yet that did NOT stop the Bank/mortgage bailout issues.

The Insurance industry is also heavily regulated, too much so, and half of what expenses go on in hospitals are government mandated.
We need to get the Government regulators OUT of the banks, and out of the Insurance Business. We need common sense regulations, not AGENCIES pushing paper around.

[unspun]

Insurance companies because of their buying power (so to speak) negotiate lower rates for payments, and that benefits all of us.

"Insurance" began with church people sharing risk, plus helping those in need and with farmer cooperatives and other "mutual" companies.

It should stay in the realm of non-profit. Since it is a matter of sharing risk and helping those in need and not in production of value, it is not the realm of profit making virtue.

Profiteering only creates conflict of interest and wayward motivation.

[Ezekiel]

Wall Street titans still recklessly speculate with borrowed money. Big banks and credit card companies stack the deck to earn millions while far too many middle-class families, who have done everything right, can barely pay their bills or save for a better future.

Meanwhile, over in the House of Virtue...

[unspun]

You should send this to Rush, Hannity, Beck and others. This is the part of this bill that terrifies me, the blatent attempt to control more of our businesses and economy but I honestly don’t hear Republicans even discussing this danger.

Emailing those people is like releasing a little balloon in a field. Maybe if 99 red ones are let go and a cute German girl sings about it, it has a chance of being noticed. I've done it. Feel free to join me.

They may be able to make more money off it.   ;->

[unspun]

Like Rahm said, never waste a good crisis. The real problem was making crap loans not necessarily the derivatives, without the loans the derivatives never would have existed. Maybe 0bama should start with regulating Barney Frank and CRA.

"Post of the Thread" nominee

[unspun]

you’re in

[unspun]

in

[OwenKellogg]

The photo is mine, but the sign was done by the scary looking gentleman holding it. I’m sure he would be happy for this to spread around the internet. Go for it,