Santelli Saying What Has Already Been Posted - But He Is Fun To Listen To

Santelli on the Financial Reform Legislation and how government is the problem.

Guess What? They Don't Read The Bills They Pass

Senator Patrick Leahy (D-Vt.) - admitted that he did not read the Finance Reform Bill and now he will do everything in his power to correct the crap that he helped get into law.
A big no - no that is now law is that the SEC no longer has to conform to the Freedom of Information Act.  What this means for us is that we will no longer know about things like the ponzi scheme pulled off by Bernie Madoff.  The FOIA makes the SEC look bad and that they are not doing their job.  Thanks to this new law - the SEC has no accountability to the American people.
Thank you Congress and Captain Kick-ass!

Who Gets To Pay For Financial Reform?

When legislation is passed that requires big business to spend more money - who do those costs get passed on to?  Common people - think about it!  It is the people that the federal government claims to be protecting.  We will make up that revenue in higher checking account, banking and debit card fees.  I don't know about all of you but I can't afford to have the federal government help me anymore.

Recovery Update

Will our congress borrow another $30 Billion to give to failing banks just to have the FDIC turn around and shut them down?  Am I too late?  Glad to see the media has us colored within the great recovery. The stimulus is still working!  Now some news from the real world. Banks failing at a rapid pace.

Bank Of America Program To Target Illegal Immigrant Customer Base

In 2007 Bank of America started a program to get people without social security numbers high interest rate credit cards.  Wells Fargo Bank had been giving illegals home mortgages for some time and Bank of America felt that they needed to get in on the action.

Do You Think BHO And AIG Are In It Together?

These are the evil people the "Chosen One" is protecting us from.  At least he is being civil and tranparent about inviting them to the White House.  I have no doubts that AIG helped to wrtite the reform legislation.  What a fine and upstanding leader this country has!

Surprise! Surprise! Surprise!

In a shocking move - the DOJ dropped its investigation into AIG.  If the DOJ kept up with its investigation do you think they would have been obligated to inform the public with what most of us already know - the federal government had a huge role in the financial collapse? 
With the passing of the BS Financial Reform legislation why should the DOJ keep up its investigation.  The reform legislation makes sure that the banks will always be bailed out-  end of story.  Hmmmmm - AIG backed the reform legislation - do you think they knew the DOJ would drop the inquiry?

Warren Buffet Wants An Exemption From Financial Reform

Please stay with me while I get my arms around this whole financial reform thing.  "The Savior" and his leftist cronies are going to save us from the big bad rich guys on Wall Street but one of the biggest and baddest - Warren Buffet (an Obama supporter) - wants an exemption from this.  Unless I am mistaken - if you make a loop hole for one of the richest men in the world - that loop hole would apply to all the other rich people too.
Oh mighty savior with your massive Harvard brain that is so much more powerful than mine.......just exactly what are you reforming?

A Letter From The President Asking For Your Support

Yes - my friends - this is a real email from the president asking for you to support his attempt to take over the banking industry.  I will throw some comments (in red) in the letter where I think they belong.  Feel free to tell me if you agree or not in the comment section.
It has now been well over a year since the near collapse of our entire financial system that cost the nation more than 8 million jobs. (I thought the 860 billion dollar stimulus package you passed was supposed to prevent those job losses.)  To this day, hard-working families struggle to make ends meet.