A Patriotic Response To The "Clown Prince;" 12/10/2011
District of Corruption
December 10, 2011
Today, America faces a make-or-break moment for the middle class. After the worst economic crisis of our lifetimes, some still want to return to the same policies that got us into this mess. They’re the same policies that have stacked the deck against working Americans for too long. They’re part of a philosophy that says we’re better off when everyone is left to fend for themselves and play by their own rules. But I have a different vision. I believe that we are greater together than we are on our own. I believe that this country succeeds when everyone gets a fair shot, everyone does their fair share, and everyone engages in fair play. To ensure fair play, last year, we passed the toughest financial reform in generations. See, for too long, the rules weren’t the same on Wall Street as they were on Main Street. Risky bets were made with other people’s money. Some folks made a lot of money taking advantage of consumers. It was wrong. And this irresponsible behavior on the part of some contributed to the worst financial crisis since the Great Depression.
[What I'm not telling you: "....return to the same policies...." We're still in "....the same policies....;" those policies being those of rewarding your (actually my) communist friends in cash and 'negotiatables!' That's what the $787BILLION PORKulus did for me: rewarding my supporters and donors in cash, through cash support for their employers, et al.
"....everyone gets a fair shot....?" Where's the fairness when Barney Frank and Chris Dodd take advantage of their insider knowledge and political pull for sweetheart deals for themselves; then write some of the most restrictive, costly legislation governing credit cards, their administration, their use! Anyone else--other than these two ruling-class schlubs--would be in federal prison by now!!!
"....the toughest financial reform in generations...." is an example of FRANK-DODD alleged genius gone awry!! What the legislation should have done is to put it's two authors in jail for many long years; what it actually did was to blind-side the consumer with added fees coupled with reduced benefits!!
"....irresponsible behavior on the part of some....!" Funny how most of that irresponsible behavior was at the hand of the socio-fascists in Congress; yet I blame the republicRATics for all the economic ills of the nation!! There is a point when "blame Bush" becomes just another whine!!!]
So this financial reform refocuses the financial sector on what’s really important: getting capital to entrepreneurs who want to grow their businesses, and financing to millions of families who want to buy a house or send their kids to college. A key part of that was putting in place the first-ever consumer watchdog – someone whose job it is to protect American families from being taken advantage of by mortgage lenders, payday lenders, and debt collectors. Tens of millions of Americans use these services. Protecting them from unscrupulous practices is an important job. And that’s why I nominated Richard Cordray to serve as the head of this consumer watchdog agency. As the former Attorney General of Ohio, Richard helped recover billions of dollars on behalf of retirees and stood up to dishonest lending practices. He has the support of most Attorneys General across the country, both Democrats and Republicans. Members of Congress from both parties say he’s more than qualified for the job. And yet on Thursday, Republicans blocked his nomination. They refused to even allow it to come up for a vote. That doesn’t make any sense. Do Republicans in Congress think our financial crisis was caused by too much oversight of mortgage lenders or debt collectors? Of course not. And every day America has to wait for a new consumer protection watchdog is another day that dishonest businesses can target and take advantage of students, seniors, and service members. So I refuse to take “no” for an answer. Financial institutions have plenty of high-powered lawyers and lobbyists looking out for them. It’s time consumers had someone on their side. And while they’re at it, Republicans in Congress should stop the games and extend the payroll tax cut for working Americans. Because if they don’t, nearly 160 million Americans will see their taxes go up at the end of this month. Congress can’t end the year by taking money out of the pockets of working Americans. Now is not the time for playing politics. Now is the time to do what’s right for the American people. No one should go home for the holidays until we get this done. So tell your Members of Congress, don’t be a Grinch. Tell them to do the right thing for you and for our economy.
[What I'm not telling you: "....getting capital to entrepreneurs...." whad'da loada bullshit that is!! Just who do you think are the entrepreneurs; who are the folks who finance the entrepreneurs' ventures?!? Why, it's those evil millionaires I'm trying to turn you against!! They're the only ones able to finance such ventures; the socio-fascist owe-bama Regime only invests in 'already-failing' green-energy companies!!
Yes,the Richard Cordray nomination has been blocked by the republicRATics! Not for the reasons you might think, not for his socio-fascistic views and actions; No!! Mr Cordray was blocked because of me; I failed to, and refuse to; define the Consumer Financial Protection Bureau; it's authority; it's responsibilities!! So while I "piss'n'moan" about those evil republicRATics, I'm the true culprit in these massive economic kerfuffles I've exacerbated for almost three years!!
Those evil republicRATics have initiated legislation to do the very things I demand! But, they're trying to get me to sign some bill that will create several tens-of-thousands direct jobs and hundreds-of-thousands of indirect jobs; I'm talking about republicRATics' including approval for the "Keystone XL Pipeline" project.
As much as the current tax structure rapes the American Taxpayer, how can about $19.25 per week in additional taxes be that big a conundrum?!? Approval of the payroll tax 'holiday' does little more than continue the Congressional raid on the Social Security Trust Fund!! The public's been led to believe that the system is on the verge of collapse! Which is it?!? On the verge of collapse OR is it flush enough to be raided in another on-going owe-bamacRATic vote-buying scheme?!?
What the owe-bamacRATics would like everyone to forget: This sub-prime mortgage mess originated in the "Slick-Willie" Clinton administration. "Slick" and his then-HHS Secretary; the current New York Governor, Andrew Cuomo began promoting home ownership for those who could least afford it. They were also instrumental in 'suggesting' that Freddie Mac and Fannie Mae approve mortgages by using fictitious credit reports!!
Members of the Congress should stay in the 'District of Corruption' until something is done about this payroll tax-Social Security raid. But--you can bett'cher ass--my family and I will be leaving for Hawaii at the appointed hour!! If you think Michelle's 'more-than-ample' ass won't be incased in a bikini-bottom upon arrival, you got another 'think' coming!!!]