Saturday, April 04, 2009

Obama Wants to Control the Banks

IN an article yesterday, Charles Krauthammer assured readers that the recent WHite House forays into running GM and the banks was all a historical mistake, something Obama's not really interested, and that we may rest assured that he will dump them as soon as possible to focus on socializing and federalizing health care and education, respectively, and redistributing wealth through taxes. It seems that Krauthammer was wrong. Stuart Varney reports that the White House is refusing to accept TARP paybacks. Why? Those banks which accepted government money have to do what the government says. Those who accepted TARP money have to accept government control. And many of the banks were in fact forced to take money in the first place, even if they didn't want it. Now, they are being told they cannot pay the money back, even if they can. Mr. Kruathammer thinks that Obama doesn't want to control the banks. The refusal to accept payment for those "loans" shows quite the opposite to be true. Dont' think Obama doesn't know that controlling the banks means controlling the country. He does.

3 comments:

Anne Cleveland said...

Many years ago some one in The House of Rothschild said: "Give me control of the money andI care not who makes the laws"

Anne Cleveland
octogenariansblog.com

Ju said...

Obama at the G20 jointly produced a document to control "all firms" on the earth. It is not just the banks. They claim power over any firm 'essential' to the economy.
http://tinyurl.com/freedomnotfree

Troy Camplin said...

Did anyone see the opening skit to Saturday Night Live? They essentially had Obama saying the same thing, and the even pointed out the arbitrariness of the choices. The skit wasn't funny -- it was terrifying. The audience was clearly uncomfortable with the skit too, and only gave a few uncomfortable laughs.