America In Danger – The Blog
Exposing the dangerous political corruption facing America today.

America In Danger – The Blog

Obama to propose strict new regulation of financial industry

June 16th, 2009 . by admin

The plan would give the government new powers to seize key companies whose failure jeopardizes the financial system, as well as creation of a watchdog agency to look out for consumers’ interests.

Again, the “foxes” want to guard the hen house.  They’ll be given “new powers”, as if they already haven’t caused enough damage. And they’re not even a “federal” agency.

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