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Archive for October 27th, 2009

Yes, you did read that right.

ACORN to Regulate Financial Institutions

The House committee that oversees the nation’s financial services sectors has quietly voted to give regulatory power to a famously corrupt community organization that rakes in millions of dollars from the very institutions it will monitor.

Weeks after Congress cut the public funding of the fraud-infested Association of Community Organizations for Reform Now (ACORN), the House Committee on Financial Services has actually approved an amendment that will give the Chicago-based group a role in setting regulations for the country’s financial institutions.

Here is the best part; ACORN receives millions of dollars annually—in direct corporate contributions and other arrangements— from the businesses it will supposedly oversee. While this may sound like a bad joke, considering ACORN is a renowned criminal enterprise, it’s very real. Giving this sort of authority to a notoriously crooked organization was the brilliant idea of California Democrat Maxine Waters, currently under investigation for steering federal bailout funds to her husband’s bank.

The veteran congresswoman, considered the Golden State’s most powerful black lawmaker, added the measure to a pending bill that aims to overhaul the country’s financial regulations. That legislation will establish a Consumer Financial Protection Agency (CFPA) with the authority to examine, supervise and enforce consumer financial protection laws. The newly created agency would have jurisdiction over mortgages, credit cards, student loans and auto loans.

We are truly living in Bizarr-O World. It gets worse….

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Regulators Prepare for the Next ‘Big One’ Ω

LONDON — Global economic policy makers are just beginning to grapple with a key issue rising out of last year’s bankruptcy of Lehman Brothers Holdings: how to react if — or when — the next big global bank spins out of control.

While the furor over bankers’ bonuses has captured most of the headlines, policy makers are in the process of assigning each of the world’s 25 most complex international banks to a multinational crisis-management team to draw up contingency plans if they run into trouble.

Here’s the Wall Street Journal piece on a North American currency referenced at the 8:10 mark. Here’s the FT piece on a one world government referenced immediately following. See Henry Kissinger’s call for a new world order here.  A minute and a half later watch him call Obama the best person to sell the new world order to the American people.

Any banks that don’t follow the program will be crushed, or cowed into submission. Remember Ken Lewis? Once you take their money, they own you.

The Wall Street Journal reported Saturday that Bank of America’s attempt to repay federal bailout funds and escape the government’s grasp has been snagged by a disagreement over how much additional capital the bank must raise to satisfy regulators, according to people familiar with the situation. Bank of America slid 5.1%, the biggest decliner on the Dow.

Don’t mess with the big boys, they’re the only thing standing between you and the pitchforks….

“‘My administration,’ the president added, ‘is the only thing between you and the pitchforks.'”

The implication was unmistakable. Do as I say or you’ll be handed over to the mob. It is a mob, by the way, that Barack Obama himself, with the help of his allies in the media and the Congress, have done their best to whip up and inflame. Executives at AIG, which has been the focus of some controversy because of bonuses, have gotten actual death threats, buttressed by protests ginned up by labor unions.

The American people are being played for fools by Obama and the people who put him in power. Bankers reluctant to go along with the plans of the Federal Reserve and Co. to bankrupt and enslave the American people are made the targets of a blinded citizenry. Irony surrenders.

Stay tuned for the next installment, tomorrow at 9 am.

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The Chicago Way, Honduran Style

Once upon a time, there was a man. A man named Zelaya, who wanted to change the Constitution of his country so that he could stay in power.

Busted: Corrupt Zelaya Fixed Election Results for Vote that never took place

Honduras: Obama Pal and Chavez-backed Zelaya Stole Millions of Dollars from Central Bank

The people rose up, and heaved him out of office in accordance with Constitutional Law. Zelaya fled whining to Hugo Chavez’s* open arms, where he was comforted by his fellow ideologues, Barack Obama, Castro, and Noriega.  *chilling summary of Chavez’s actions supporting America’s sworn enemies.

Obama Punishes the Honduran People: BO Cuts $16.5 Million in Military aid and Threatens to slash economic aid

Roberto Micheletti, the President of the Honduran Congress, became interim President until the next election.

The nephew of the interim President of Honduras Roberto Micheletti has been found dead in what the police are calling an execution-style killing.  Ω

Enzo Micheletti’s body was discovered on Sunday in woodland near Choloma, 250 km north of the capital, Tegucigalpa.

Police say his hands were tied behind his back and his body was riddled with bullets.

There is no indication that his death is connected to the coup that brought his uncle to power at the end of June.

No indication? Coup?! Seriously? The article goes on to imply that the nephew was most likely involved in drugs. This requires a positively criminal lack of imagination, common sense, and the ability to find one’s way out of a wet paper sack.

May God have mercy on their souls.

H/T to Atlas Shrugs for some of the links.

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He Admits It

What arrogance. I can only pray that the American people’s eyes will fully open to these people’s agenda.

Let me just say for the record, the Republicans under Bush expanded government more than Clinton. We can’t close our eyes to that because “our side” did it. None of the establishment politicians are “on our side”. We must thoroughly scrutinize everyone running for office, many Republicans are wolves in sheep’s clothing.

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This is a complete and thorough breakdown of the takeover of America. It’s long, but if you’re not riveted by the 5 minute mark…

I’ll eat my hat.

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aka, “Your Government At Work“. A follow-up to the first compilation of crimes committed to get our tax money.

Stimulus Contracts Go to Companies Under Criminal Investigation

The Department of Defense awarded nearly $30 million in stimulus contracts to six companies while they were under federal criminal investigation on suspicion of defrauding the government. –They just keep finding ways to foul up the “stimulus”. The thing is, they are actually fulfilling it’s true purpose, which is a payout to special interests and government cronies. For more details, see my post on all the criminal activity surrounding the ‘stimulus’.

According to Air Force documents, the companies claimed to be small, minority-owned businesses, which allowed them to gain special preference in bidding for government contracts. But investigators found that they were all part of a larger minority-owned enterprise in Southern California, making them ineligible for the contracts.If the people giving away our money happen to notice…

According to the Air Force, the companies were controlled by Craig Jackson, an African-American businessman whose firm, Sanders Engineering, has won awards from the Small Business Administration.

–This man owns almost two dozens companies that he hands out to members of his family while actually remaining in control of all of them. He did this in order to bilk the government of our money through the SBA 8(a) program. He’s gotten away with over $700 million of government contracts which he wasn’t legally eligible for.

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