Tuesday, June 29, 2010

If Government is not Limited. . . Man is not Free

HERE WE GO AGAIN...

Under the guise of the word ‘reform’, we, the taxpayer hand over another sixth of our economy to the Federal Reserve and the Treasury.... aka - the
executive branch of our government.


The financial reform bill DOES NOT address the original culprit of Fannie Mae and Freddie Mac, not to mention the Federal Housing Administration.... billions of tax dollars are going into these three government bureaucracies without congressional oversight.


The Financial reform bill imposes a tax on the banks. Arbitrarily, our government has decided that the banks have not paid enough in repaying TARP with interest...

The Treasury has decided that the responsibility for our economic downturn resides with Wall Street and the “too big to fail” banks.
Now, our government--the Treasury--has decided the banks must pay a tax to 'restore' the damage of our economic demise...


BUT NO ACCOUNTABILITY FOR FREDDIE MAC, FANNIE MAE & FHA.... NADA.



THE FINANCIAL REFORM BILL CREATES STILL-ANOTHER HUGE CONSUMER PROTECTION AGENCY... so there will be a tax on the banks.... which is passed onto us, the consumers. Your credit card rates WILL rise. Small community banks will be hurt and live in fear of takeover by the feds. And "too big to fail” banks will, in fact, still be too big to fail...and will probably be bailed out.... again.



The cost of this newly-created financial reform and Consumer Protection Agency will be 20 billion...


This 'reform' is NOT 'constitutionally-limited' by any definition....
This 2,300-page financial reform bill is by no means reform – it is another take-over as was the healthcare bill.


I beg you to make calls to Senators Scott Brown, Olympia Snowe, Susan Collins.

The main Senate switchboard number is: 202-224-3121

The White House Comment line is: 202-456-1111


Scott Brown's direct number is 202-224-4543

If you only have time to make one call, please call Scott Brown and ask Senator Brown to vote “NO” on the Financial Regulation Reform Bill.

THIS IS AS IMPORTANT AS THE HEALTHCARE BILL.... PLEASE MAKE A CALL.... PLEASE.

God bless you, and God bless the United States of America.

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