Congress is at it again!
First it was almost a trillion dollars in bailouts for banks without fixing the housing policies that helped start the crisis.
Then there was over 150 BILLION dollars for AIG Insurance, then bailouts for GM and Chrysler.
And of course the TRILLION dollars in "stimulus" which "bailed out" state governments, among other things.
Now Obama and the Democrats in Congress are using the excuse of "financial regulation reform" to institute what amounts PERMANENT BAILOUTS of financial institutions - and essentially take them over via the new regulation that goes along with those promised bailouts.
Obama claims these new "reforms' are needed because these companies "caused" the financial crisis - completely ignoring that government mandated cheap home loans to people who couldn't pay them back triggered the collapse.
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