Obama’s Phony Financial Reform Law Doesn’t Solve Real Problem

Next week you will hear President Obama and the Democrats tout the passing of the most sweeping financial reforms since the Great Depression.

It’s all a crock!

This 2,000 page bill does nothing to address the root cause of our most recent financial meltdown.



This whole bill is another “dance” to fool the public written by corrupt Chris Dodd who got sweetheart loans from Countrywide before they went belly up, and Barney Frank, who once said that Fannie Mae was financially stable.

What this bill really is is another expansion of the Federal government creating thousands of more government workers that will suck the taxpayers dry.

It won’t prevent another financial crisis because Fannie and Freddie are still in business, if you can call what they do business, billions of dollars in the red and will eventually need to be bailed out once again by guess who.

Obama and the Dems disparately needed a talking point for the upcoming mid-terms, and they got one.

But, for the rest of us, we’ll take it where Barney Frank likes it.

If you get my drift!

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Democrats Boogie Men : Predatory Lenders

Everyday when I come home from work, I make sure to say a prayer of thanks to God All Mighty for once again keeping me safe from, dare I say it, Predatory Lenders.

According to politicians like President Obama, Speaker of the House Nancy Pelosi, and Senate Majority Leader Harry Reid, these critters are out there lurking in the shadows ready to pounce on unsuspecting Americans and force them to borrow money.

But God is good though, because I’ve never seen a PL. Although I’ve heard some stories about their powers of persuasion, still, I have to count my blessings. Many others are less fortunate.

Okay, let’s get back to reality.

The whole concept of the Predatory Lender is yet another Boogie Man Liberals love to create to sway the emotions of the public. It’s about as substantive as cotton candy. But, it gives license to thousands of people who borrowed more money than they could afford, for homes they had no business buying.

Does personal responsibility account for anything anymore?

I guess in the Liberal world, it doesn’t, which is why some people need Democrats to protect them from the big bad lenders throwing money in peoples faces.

But, just in case, I won’t stop praying.


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