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	<title>Tea Party Roundtable &#187; financial reform</title>
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		<title>Obama’s New Approach</title>
		<link>http://teapartyroundtable.com/2010/08/01/obama%e2%80%99s-new-approach/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=obama%25e2%2580%2599s-new-approach</link>
		<comments>http://teapartyroundtable.com/2010/08/01/obama%e2%80%99s-new-approach/#comments</comments>
		<pubDate>Sun, 01 Aug 2010 13:48:58 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
				<category><![CDATA[American Sovereignty]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Fiscal Responsibility]]></category>
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		<category><![CDATA[WHAT TO DO THIS WEEK]]></category>
		<category><![CDATA[financial reform]]></category>
		<category><![CDATA[health care reform]]></category>
		<category><![CDATA[kagan]]></category>
		<category><![CDATA[Obama]]></category>
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		<guid isPermaLink="false">http://teapartyroundtable.com/?p=1210</guid>
		<description><![CDATA[Obama, Our historic President entered the office with great fan-faire. He immediately jumped on &#8220;his&#8221; plane and began circling the globe to tell every dictator and socialist country that America is sorry for our sins of the past, but now we&#8217;re a new nation &#8230; One among many &#8230; a fellow sojourner in this Global [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: 18px;">Obama, Our historic President entered the office with great fan-faire.</span></p>
<p><span style="font-size: 18px;">He immediately jumped on &ldquo;his&rdquo; plane and began circling the globe to tell every dictator and socialist country that America is sorry for our sins of the past, but now we&rsquo;re a new nation &hellip; One among many &hellip; a fellow sojourner in this Global Family.&nbsp; When he was done with his humbling of America, Obama then began his war agenda.&nbsp; It started with closing down Guantanamo and ending the unlawful war in Iraq &hellip; oops, that didn&rsquo;t go so well.</span></p>
<p><span style="font-size: 18px;">Obama then turns to his domestic agenda.&nbsp; Right out the gate he begins (again with great fan-faire) his Health Care Reform.&nbsp; The Obama cheers once again quickly turn into jeers and his attempt to socialize our medical infrastructure is met with overwhelming opposition from We The People.&nbsp; <em><strong>Turning a blind eye and deaf ear to the will of the people the Obama Administration literally force the bill through in the dead of the night using tactics that would make Al Capone proud.</strong></em><br />
</span></p>
<p><span style="font-size: 18px;">The Obama Administration realizing that they have been a complete failure thus far in their reign decides to change tactics.&nbsp; Obama now knows that We The People will not allow him to force his socialist policies on America in the light of day and with trumpets blaring, thus he decides to take his agenda off Main Street and moves it to the back alleys.<br />
</span></p>
<p><span style="font-size: 18px;">Using this new tactic Obama finds success!&nbsp; His administration was able to force through the Financial Reform Bill with much less opposition.&nbsp; <em><strong>Almost without notice Obama was able to seize control of just about every financial transaction that you and I will make.</strong></em><br />
</span></p>
<p><span style="font-size: 18px;">Enjoying the success of this clandestine approach Obama is not attacking Free Speech.<br />
</span></p>
<p style="margin-left: 40px;"><strong><span style="font-size: 18px;">The Federal Government now has control of your body and health care &ndash; Restricting Your God-given Right To Life<br />
</span></strong></p>
<p style="margin-left: 40px;"><strong><span style="font-size: 18px;">The Federal Government now has control of your personal finances &ndash; Restricting Your God-given Right To The Pursuit Of Happiness.<br />
</span></strong></p>
<p style="margin-left: 40px;"><strong><span style="font-size: 18px;">Now the Federal Government will control what you believe and how you are allowed to express your beliefs &ndash; Restricting Your God-given Right To Liberty</span></strong><span style="font-size: 18px;"><br />
</span></p>
<p><span style="font-size: 18px;">The Obama Administration has complete disdain for the rule of law, evidenced by Kagan (who doesn&rsquo;t believe in the Declaration of Independence) and the Administrations unprecedented fight against the good citizens of Arizona &hellip; <span style="color: rgb(0, 0, 255);"><strong>They Must Be Stopped</strong></span> &hellip; I pray it&rsquo;s not already too late!</span><br />
&nbsp;</p>
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		</item>
		<item>
		<title>Financial Reform Hoax</title>
		<link>http://teapartyroundtable.com/2010/07/13/financial-reform-hoax/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=financial-reform-hoax</link>
		<comments>http://teapartyroundtable.com/2010/07/13/financial-reform-hoax/#comments</comments>
		<pubDate>Tue, 13 Jul 2010 14:27:57 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
				<category><![CDATA[Economy]]></category>
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		<category><![CDATA[financial reform]]></category>
		<category><![CDATA[Olympia Snowe]]></category>
		<category><![CDATA[Scott Brown]]></category>
		<category><![CDATA[Susan Collins]]></category>

		<guid isPermaLink="false">http://teapartyroundtable.com/?p=1183</guid>
		<description><![CDATA[The Obama administration Financial Reform Bill Hoax is expected to be voted on as soon as Thursday! Just a few months ago the great state of Massachusetts was the seat of conservative excitement as a Republican Scott Brown took the &#8220;Kennedy seat.&#8221;&#160; Cheers of hope from those of us desperately seeking candidates who will begin [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: 18px;">The Obama administration Financial Reform <strike>Bill </strike>Hoax is expected to be voted on as soon as Thursday!<br />
</span></p>
<p><span style="font-size: 18px;">Just a few months ago the great state of Massachusetts was the seat of conservative excitement as a Republican Scott Brown took the &ldquo;Kennedy seat.&rdquo;&nbsp; Cheers of hope from those of us desperately seeking candidates who will begin to return America back to a land of freedom and opportunity for all &hellip; Confusion and dismay from liberals who just saw the end of the 47 year Democrat reign in that state.<br />
</span></p>
<p><span style="font-size: 18px;">However just like the groaning from California with its &ldquo;Republican&rdquo; Governor Schwarzenegger who will be followed by another liberal in the form of either Jerry Brown or Meg Whitman, the good citizens of Massachusetts &hellip; no, <strong>the good citizens of the entire country have been let down</strong>.<br />
</span></p>
<p><span style="font-size: 18px;">We have been let down by Republicans who will now allow the Federal Government to grab control of almost our entire economy, to regulate just about every financial transaction that you and I make, and to do that all while ensuring that those who actually caused our current financial disaster are not only free, but empowered to continue in their unethical and clandestine schemes.<br />
</span></p>
<p><span style="font-size: 18px;">The three Republicans are Susan Collins (R-Maine), Olympia Snowe (R-Maine) and Scott Brown (R-Massachusetts).&nbsp; <span style="color: rgb(0, 0, 255);"><em><strong>However it&rsquo;s not just these three traitors who are allowing our government unprecedented and un-Constitutional control of We The People &hellip; no, it&rsquo;s also all the Democrats who are blindly following their demented leaders.</strong></em></span><br />
</span></p>
<p><strong><span style="font-size: 18px;">The Obama administration controls our right to &ldquo;Life&rdquo; with the Health Care Reform Bill &hellip; They are now taking control of our right of the &ldquo;Pursuit of Happiness&rdquo; with this Financial Reform Bill &hellip; Next is our &ldquo;Liberty&rdquo; &hellip; But then again, this from the man who is pushing through a candidate for the Supreme Court who doesn&rsquo;t believe in the Declaration of Independence, so we shouldn&rsquo;t be surprised!</span></strong></p>
<p>&nbsp;</p>
]]></content:encoded>
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		<title>Obama Administration ~ Complete Failure</title>
		<link>http://teapartyroundtable.com/2010/07/11/obama-administration-complete-failure/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=obama-administration-complete-failure</link>
		<comments>http://teapartyroundtable.com/2010/07/11/obama-administration-complete-failure/#comments</comments>
		<pubDate>Sun, 11 Jul 2010 03:59:34 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
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		<guid isPermaLink="false">http://teapartyroundtable.com/?p=1176</guid>
		<description><![CDATA[I&#8217;m disgusted with this President! In previous administrations there clearly were political games being played, however the Obama administration takes it to an all new level. His administration is a prime example of why I hate politics and why liberal political policies are dangerous to you as an individual and dangerous to our nation. We [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: 18px;">I&rsquo;m disgusted with this President!</span></p>
<p><span style="font-size: 18px;"><br />
In previous administrations there clearly were political games being played, however the Obama administration takes it to an all new level.<br />
</span></p>
<p><span style="font-size: 18px;">His administration is a prime example of why I hate politics and why liberal political policies are dangerous to you as an individual and dangerous to our nation.<br />
</span></p>
<p><span style="color: rgb(51, 102, 255);"><span style="font-size: 18px;">We have now had a year and a half of failure and political positioning, but no leadership &hellip; no honor &hellip; no respect for the will of We The People!</span></span><span style="font-size: 18px;"><br />
</span></p>
<p><span style="font-size: 18px;">The Obama administration lied about every military campaign promise &hellip; We&rsquo;re still in Iraq, he expanded the war to Afghanistan, we&rsquo;ve had much more casualties in Obama&rsquo;s war then in Bush&rsquo;s (yet for some reason the media is no longer providing us with a daily death count and pictures of flag-draped coffins).&nbsp; And, Guantanamo is still open for business!<br />
</span></p>
<p><span style="font-size: 18px;">The Obama administration has worsened the economy with unemployment continuing to climb.&nbsp; If you look at the &ldquo;real&rdquo; unemployment rate (factoring in those who have given up, or are underemployed) the current unemployment numbers are exactly where they were during the Great Depression!<br />
</span></p>
<p><span style="font-size: 18px;">The Obama administration has failed in handling <em><strong>illegal human migration</strong></em>.&nbsp; In fact he is now initiating an unnecessary legal battle against the State of Arizona for trying to enforce existing federal immigration law.&nbsp; All this for, as the <a href="http://www.washingtonpost.com/wp-dyn/content/article/2010/07/09/AR2010070904719.html" target="_blank">Washington Post</a> states, positioning for the youth and minority vote in this fall&rsquo;s elections.<br />
</span></p>
<p><span style="font-size: 18px;">The Obama administration has failed at protecting our environment.&nbsp; He has refused foreign help that probably could have cleaned up the Obama oil disaster within months.&nbsp; He has refused existing American technology that could clean up the mess.&nbsp; He has refused to allow the local government take actions to keep the Obama oil from coming to shore &hellip; (Why does Obama hate the environment?)<br />
</span></p>
<p style="margin-left: 40px;"><span style="font-size: 18px;">So what has the Obama administration accomplished?<br />
</span></p>
<ul>
<li><span style="font-size: 18px;">Obama has killed more troops, prolonged the war and kept Guantanamo open<br />
    </span></li>
<li><span style="font-size: 18px;">Obama has encouraged, even strategically destroyed our economy.<br />
    </span></li>
<li><span style="font-size: 18px;">Obama has potentially begun a civil war over the illegal human migration issue.<br />
    </span></li>
<li><span style="font-size: 18px;">Obama has made our environment more hostile to life.</span><span style="font-size: 18px;"><br />
    </span></li>
</ul>
<p><span style="font-size: 18px;">Not bad in just a year and a half.&nbsp; I can&rsquo;t wait to see what happens during the rest of his term.&nbsp; At this pace we&rsquo;ll have no more youth because Obama will have killed them all in his war, there will be no more private enterprise because the government will own or control all economic transactions (this is precisely what the new financial reform bill establishes), we will have become part of the new global family without borders, and we will be living in putrid waste from his disdain of a clean environment.</span></p>
<p>&nbsp;</p>
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		<title>Financial Reform Bill</title>
		<link>http://teapartyroundtable.com/2010/06/25/financial-reform-bill/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=financial-reform-bill</link>
		<comments>http://teapartyroundtable.com/2010/06/25/financial-reform-bill/#comments</comments>
		<pubDate>Fri, 25 Jun 2010 17:08:29 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
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		<guid isPermaLink="false">http://teapartyroundtable.com/?p=1150</guid>
		<description><![CDATA[Once again I&#8217;m sickened by the hypocrisy of politicians, America&#8217;s new &#34;Ruling Class.&#34;&#160; Today they have passed the Financial Reform bill out of committee which is expected to be sitting on President Obama&#8217;s desk to sign into law on &#8230; of all days &#8230; Independence Day, July 4th 2010 The thought of politicians telling Wall [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: 18px;">Once again I&rsquo;m sickened by the hypocrisy of politicians, America&rsquo;s new &quot;Ruling Class.&quot;&nbsp; Today they have passed the Financial Reform bill out of committee which is expected to be sitting on President Obama&rsquo;s desk to sign into law on &hellip; of all days &hellip; Independence Day, July 4th 2010</span></p>
<p><span style="font-size: 18px;"><br />
The thought of politicians telling Wall Street how to do their job is disconcerting.&nbsp; Moreover the hypocrisy of the Obama administration is deafening.&nbsp; While this bill goes to great measures to limit banks to trade in derivatives, this same administration is running full speed into the greatest global derivative farce ever conceived via Cap and Trade (or whatever it ends up being called) where the government will control the trade of fiat derivatives called carbon emissions.</span><em><strong><span style="font-size: 18px;"><br />
</span></strong></em></p>
<p><em><strong><span style="font-size: 18px;">But not only is this administration hypocritical, it is also disingenuous.</span></strong></em></p>
<p><span style="font-size: 18px;">This new Financial Reform bill will not eliminate banks practice of derivative trading, no rather the bank just has to form a separate entity through with to engage in this type of trading &hellip; Now that&rsquo;s fixing the problem!<br />
</span></p>
<p><strong><span style="font-size: 18px;">Before your eyes glass over</span></strong><span style="font-size: 18px;"> with all this talk about banking, trading and derivatives, according to Senator Chris Dodd, a chief architect of this bill, <span style="color: rgb(0, 0, 255);"><em><strong>&ldquo;This is about as important as it gets, because it deals with every single aspect of your lives.&rdquo;</strong></em></span><br />
</span></p>
<p><span style="font-size: 18px;">This &ldquo;Financial Reform&rdquo; bill doesn&rsquo;t only affect those &ldquo;Fat Cat Greedy Bankers&rdquo; that Obama has pronounced as the cause of our current economic state &hellip; No, <strong>this bill will allow the Fed and our government control over just about every financial transaction that you engage in!</strong><br />
</span></p>
<p><span style="font-size: 18px;">We all got stirred up over Health Care Reform that will have some effect on many of us &hellip; Our lawmakers now have just passed a bill that will give the government control of your personal finances!</span>&nbsp; <em><strong><span style="font-size: 18px;">Health Care Reform gave government control over your body, now Financial Reform gives government control over your money &#8230; next is your religion via free speech and political correctness &#8230;</span></strong></em><span style="font-size: 18px;"><br />
&nbsp;</span></p>
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		<title>The Federal Reserve Will Now Control Your Personal Finances</title>
		<link>http://teapartyroundtable.com/2010/05/21/the-federal-reserve-will-now-control-your-personal-finances/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=the-federal-reserve-will-now-control-your-personal-finances</link>
		<comments>http://teapartyroundtable.com/2010/05/21/the-federal-reserve-will-now-control-your-personal-finances/#comments</comments>
		<pubDate>Fri, 21 May 2010 21:44:31 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
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			<content:encoded><![CDATA[<p style="text-align: center;"><object width="445" height="364"><param name="movie" value="http://www.youtube.com/v/8QEYqy4GsxU&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;color1=0x2b405b&amp;color2=0x6b8ab6&amp;border=1" /><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><embed width="445" height="364" src="http://www.youtube.com/v/8QEYqy4GsxU&amp;hl=en_US&amp;fs=1&amp;rel=0&amp;color1=0x2b405b&amp;color2=0x6b8ab6&amp;border=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
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		<title>Restoring American Financial Stability</title>
		<link>http://teapartyroundtable.com/2010/05/15/restoring-american-financial-stability/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=restoring-american-financial-stability</link>
		<comments>http://teapartyroundtable.com/2010/05/15/restoring-american-financial-stability/#comments</comments>
		<pubDate>Sat, 15 May 2010 19:01:22 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
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		<description><![CDATA[Senate Committee on Banking, Housing, and Urban Affairs, Chairman Chris Dodd (D-CT) has created a bill that creates a non accountable, all powerful &#34;independent&#34; Federal Bureau.&#160; Under the deceptive name of the &#34;Restoring American Financial Stability Act.&#34; After reading this bill (something our elected representatives seem to be incapable and unwilling to do) it is [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: 17px;">Senate Committee on Banking, Housing, and Urban Affairs, Chairman Chris Dodd (D-CT) has created a bill that creates a <strong>non accountable, all powerful &quot;independent&quot; Federal Bureau.</strong>&nbsp; Under the deceptive name of the &quot;Restoring American Financial Stability Act.&quot;</span></p>
<p><span style="font-size: 17px;"><br />
After reading this bill (something our elected representatives seem to be incapable and unwilling to do) it is clear that <strong>this is simply a massive shift of ALL financial authority to the Federal Reserve.</strong>&nbsp; More specifically The Financial Stability Oversight Council, a 9 member council comprised of the Treasury Secretary, someone in the Federal Reserve Board, SEC, CFTC, OCC, FDIC, FHFA, the new Consumer Financial Protection Bureau and one &ldquo;independent member.&rdquo;</span></p>
<p style="text-align: center;"><a target="_blank" href="http://banking.senate.gov/public/_files/FinancialReformSummary231510FINAL.pdf"><em><strong><span style="font-size: 17px;">Read The Official Summary Here (11 pages)<br />
</span></strong></em></a></p>
<p style="text-align: left;"><em><strong><span style="font-size: 17px;"><br />
</span><span style="font-size: 17px;">Here&rsquo;s the quick and dirty:</span></strong></em><span style="font-size: 17px;"><br />
&quot;<em>This creates a new independent watchdog, housed at the Federal Reserve</em>&quot; called The Financial Stability Oversight Council referred to above.<br />
</span><span style="font-size: 17px;"><br />
It also creates a new &ldquo;independent&rdquo; Federal Bureau, &ldquo;The Consumer Financial Protection Bureau&rdquo;&nbsp; The director will be appointed by the President and confirmed by the Senate.</span></p>
<p><span style="font-size: 17px;">A couple new offices will be created:<br />
The Office of Financial Literacy (propaganda arm) they&rsquo;re calling it the &ldquo;educational&rdquo; component.</p>
<p></span><span style="font-size: 17px;">The Office of Financial Research (the muscle).&nbsp; This is where the Fed will keep all the dirt that will be handy to use for blackmail and other coercive tactics.<br />
</span><span style="font-size: 17px;"><br />
The Federal Reserve and this all powerful 9 member council will have all &ldquo;<em>Authority to examine and enforce regulations for banks and credit unions with assets of over $10 billion and all mortgage-related businesses (lenders, servicers, mortgage brokers, and foreclosure scam operators) and large non-bank financial companies, such as large payday lenders, debt collectors, and consumer reporting agencies.</em>&rdquo;</span></p>
<p><span style="font-size: 17px;"><br />
So it&#8217;s not just the &quot;greedy fat cat&quot; banks (to use our Presidents term). They&rsquo;re focused on large banks to eliminate the competition and favor community banks to maximize their control.&nbsp; However, the Fed will also control essentially all lending and investments.<br />
</span></p>
<p><span style="font-size: 17px;"><br />
Additionally this 9 member council can make sweeping policy changes with no checks and balances with only a 2/3 vote.&nbsp; Thus <strong>any 6 of these members will control all financial transactions and financial products in the entire nation</strong>.<br />
</span><span style="font-size: 17px;"><br />
Finally, in addition to unlimited binding power over all of our nations finances.&nbsp; Once they get you on their dole, you will always be controlled by them.&nbsp; To quote the lyrics of the Eagles famous Hotel California song that Dodd cites in the bill, &ldquo;You can check in any time you like, but you can never leave.&rdquo;</span></p>
<p><span style="font-size: 17px;"><br />
Here is the <u>exact quote</u> from the official summary:<br />
&quot;<em>No Evasion: Large bank holding companies that have received TARP funds will not be able to avoid Federal Reserve supervision by simply dropping their banks. (the Hotel California Provision).</em>&quot;</span></p>
<p><span style="font-size: 17px;">This is to enable the Fed to control responsible financial institutions like Wells Fargo that did not need, want or request TARP money.&nbsp; They were forced to take the money, then paid it back as soon as they were allowed.&nbsp; Under this new bill an institution like this would first be forced to take money they don&#8217;t need or want, then the government will always have control over that institution even after funds are returned.</span></p>
<p><strong><span style="font-size: 17px;">If this passes the omnipotent 9 member council representing the Federal Reserve will literally control the entire economy of the U.S. &hellip; and &ldquo;you can stab it with your steely knives, but you just can&rsquo;t kill the beast.&rdquo;</span></strong></p>
<p style="text-align: center;"><a href="http://banking.senate.gov/public/_files/AYO09D44_xml.pdf" target="_blank"><em><strong><span style="font-size: 17px;">Read The Entire Bill Here (1,136 pages)<br />
</span></strong></em></a></p>
<p style="text-align: center;"><span style="font-size: 18px;"><span style="color: rgb(0, 0, 255);"><em><strong>*******</strong></em><br />
</span></span></p>
<p style="text-align: center;"><span style="font-size: 18px;"><span style="color: rgb(0, 0, 255);"><em><strong>*******</strong></em></span></span></p>
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