2 Minute Hate!!

Communism teaches and seeks 2 objectives: Unrelenting class warfare and the complete eradication of private ownership. – Pope Pius XI

According to Treasury Secretary Geithner’s new Financial Regulation Package, the Federal Government will have more power in seizing and controlling banks which "they" deem to pose a risk to the stability of our economy.

I am wondering if/when the federal government will force takeovers of private institutions other than banks? Companies which choose to accept bailout money, rather than purge themselves in Chapter 11, are also experiencing unprecedented manipulation by the government. Obama is ousting CEO’s and Barney Frank is proposing regulating pay of ALL employees at bailed out companies.

So…..if the Federal government feels your enterprise is not “up to snuff”, they will take over for “the greater good” and dictate the terms of your employee contracts, accounting methods, acquisitions, etc.

If they can do this to the banks, they can do this to anyone.

Wow.

And Bush took his executive role too far in the War on Terror…..? We ain’t seen NOTHING yet.

I wonder if they will take into consideration whether or not you supported Barry in his presidency before seizing your business??