Friday, April 3, 2009

Obama Blamed America!!!!!!

At the recent G20, Obama blamed U.S. regulatory failures for contributing to the crisis in the financial system...

I beg to differ! We have enough regulations. What is lacking is real honest oversight of the institutions regulated by government committees!

The United States House Committee on Financial Services (aka House Banking Committee) oversees the entire financial services industry, including the securities, insurance, banking, and housing industries. The Committee also oversees the work of the Federal Reserve, the United States Department of the Treasury, the U.S. Securities and Exchange Commission, and other financial services regulators.
Barney Frank, (D-PA) is the Chairman of that Committee (2007-to date). Why isn't he being been held responsible for dereliction of duty? FNMA and FMLMC failed under his watch while he was busy leveraging banks into loaning people money for homes who could not afford them. (CRA)
In addition, the SEC was told, in ever greater detail, that Madoff's investment fund was a Ponzi scheme. Barney Frank and committee discounted the information. To this day, Frank continues blaming others for the country's financial woes which can be attributed to [his]lack of due-diligence during his watch. Frank has been feeding from the public trough since 1981, enough is enough! VOTE TERM LIMITS!

The United States Senate Committee on Banking, Housing, and Urban Affairs has jurisdiction over matters related to: banks and banking, price controls, deposit insurance, export promotion and controls, federal monetary policy, financial aid to commerce and industry, issuance of redemption of notes, currency and coinage, public and private housing, urban development and mass transit, and government contracts.
Chris Dodd, (D-CT) is Chairman of this Committee. Why wasn't he held responsible for dereliction of duty? Dodd still cannot find his HUD statement for his 'sweetheart deal' from Countrywide....amazing, still lost after almost 2 years! Dodd is also responsible for 'black-mailing' financial institutions into make bad loans. He has been feeding at the public trough since 1975, enough is enough! VOTE TERM LIMITS!

WHERE WAS THE ETHICS COMMITTEE? You know, those who are supposed to oversee Standards of Official Conduct. Zoe Lofgren, (D-CA) is Chairwoman of this committee; clearly missing in action. Maybe someday she will crawl out from under her desk or someone's pocketbook and bring charges against these dishonest clowns.

None of them are capable of doing the 'right' thing. For some reason, "Statist" do not like any word with the letters R-I-G-H-T as it resembles the opposition. Clearly they are w-r-o-n-g for America's recovery and capitalist ingenuity!


ARE YOU FED UP YET
? IF NOT, THINK ABOUT A CONGRESS AND PRESIDENT WHO:

1) are spending trillions of borrowed dollars, leaving a debt our great-grandchildren will be paying? (right now, we all owe $35,000 already!)
2) voted for a $500 billion tax bill without even reading it? (blind faith-following the leader)
3) want government controlled health care?
4) punish those achievers who practice responsible financial behavior and reward the failures of those who do not?
5) refuses to stop the flow of millions of illegal immigrants into our country?
6) take money from your family budget to pay for their federal budget?
7) want to take your wealth and redistribute it to others?
8) want to impose a carbon tax on your electricity, gas and home heating fuels? (A smoke and mirror scheme to collect more tax dollars)
9) consistently give special interest groups billions of dollars in earmarks to help get themselves re-elected? (hello ACORN, hello UAW)
10) admit to using the financial hurt of millions as an opportunity to push their political agenda? ("Never waste a crisis", Timothy Geitner)

A LOUD AND UNITED PROTEST WILL GET THEIR ATTENTION. Tea Parties are growing, currently organized in over 1,650 cities across the nation to let these self-indulging politicians know how WE, THE PEOPLE, feel about their irresponsible spending. They work for us, not their own self-interest desires.

We cannot be silent any longer; we have to stop them! Our Constitution is our foundation, they cannot 'change' it or hand it over to a Global committee to mandate how much we earn, if we are eligible for a specific health related issue, I could go on I'm so angry, but I'll save it for the Tea Party. Join me in LHC on the 15th and let's give 'em hell!

Everyone is invited! It's not about Right or Left, it's about RIGHT OR WRONG! Join other locals protesting bad government decisions on April 15, 2009, at the London Bridge in Lake Havasu City at 5:00 PM. Make or bring a sign telling them how you feel about higher taxes, socialized medicine, cap and trade, and all their new ideas to change our country into something we won't like while stealing our money to do it.

2 comments:

shirts4freedom said...

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Diane said...

Thank you! More information is also available at http://www.teaparty.com