Tuesday, September 21, 2010

Obama's Boot On The Corporate Neck Philosophy In His Own Unscripted Words



Obama's Boot On The Corporate Neck Philosophy In His Own Unscripted Words

* Stripped Student Loan Servicing away from the Banks and gave it to the government
** NO mention of regulating the increasing tuition costs as he did with health care. Instead THROW MORE GOVERNMENT MONEY in response to invoices sent from schools

* Regulated Bank Credit Card and Mortgage Loan Approval Policies
**No mention about how lack of confidence in Obama's policies and concern about if they will be attacked later by the Government Confiscators is restricting banks from taking risks and thus are not lending (See the comments of the founder of Home Depot)

* Banned discrimination against "Preexisting Conditions" and "You can't be dropped if you get sick" -
** No mention that Obama will INCREASE THE COST OF HEALTH CARE because as RISK POOLS these policies have effectively NATIONALIZED the risk. THERE IS NOT going to be net cost savings. Reports are now showing this, regardless of what the CBO said last year prior to the vote.
** In summary - in order to prevent INDIVIDUALS from going bankrupt - he runs the risk of bankrupting the entire nation by putting in a blockbuster plan that will be hungry like a furnace for firewood

DID OBAMA MENTION ANY "ORGANIC COMPETENCY DEVELOPMENT" INITIATIVES THAT MAKE THE PERPIPHERY STRONGER RATHER THAN MORE DEPENDENT?

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