Another Trillion Dollar “Crisis,” Courtesy of Barack Obama
Eventually, the American people and the mainstream media are bound to wise up to Barack Obama’s bait and switch scheme of screaming “crisis” in order to waste trillions more of the U.S. treasury on failed liberal causes.
Obama’s latest “wolf” cry involves his Marxist proposals for reform of the financial industry. In a nutshell, Obama wants to destroy private enterprise in the financial industry by replacing it with onerous government regulations and oversight.
And why not?
After all, the government has amassed an astounding record of success in fixing unemployment with a trillion dollar stimulus, managing Social Security and Medicare into solvency, stabilizing the real estate market by forcing lenders to approve mortgage loans based on race and or ethnicity quotas rather than on ability to repay, and on and on.
Given that track record, why not hand Marxists the keys to America’s financial institutions and complete the devastation envisioned by President Obama when he took office on January 20, 2008?
Harold
