Wednesday, April 14, 2010

Tyranny Watch

Dick Morris has in interesting article on the in which he discusses the "financial regulatory reform" bill currently being considered in the Senate. As Morris points out, the bill would give the President (and his Treasury Secretary) the power to take control over any financial institution he determines is "too big to fail" and on the brink of insolvency. There is no judicial review provided these institutions. Step by step, this regime/administration is marching toward a complete transformation of this country - where the rights we once enjoyed no longer have any relevance or import. Step by step, the United States is moving toward a Chavez/Castro-like banana republic. It is interesting that this "reform" bill was revived in importance after the Supreme Court's decision in Citizens United. One way to ensure that corporations use their newly restored First Amendment rights to support candidates and positions in the "correct" way is to have the power to take them over and fire everybody.

...more examples of the tyranny and proposed tyranny of this regime to follow.

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