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  • Proposed Obama Bill Would Give Government Power to Dismantle Financial Industry

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    Capitol Hill Blue
    October 26, 2009

    • A d v e r t i s e m e n t
    • efoods
    The Obama administration plans to unveil on Monday a new plan for dealing with troubled financial giants, said a senior U.S. lawmaker, who also mentioned potentially big changes for the insurance industry.

    Barney Frank, chairman of the House Financial Services Committee and a chief architect of the financial regulation overhaul, declined on Friday to give details on the administration’s new bill, which would give the government the power to dismantle large financial companies that get into crises.

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    Comment Rules

    74 Responses to “Proposed Obama Bill Would Give Government Power to Dismantle Financial Industry”

    1. Real Mad Says:

      Sure Im preaching to the choir, but cant the Whole world see whats taking place ???

      EVERY TV in this world needs to be Smashed !!!

      Real Mad Reply:

      oh my…..where are my manners…..

      1ST !!!

      FightOrDie!!! Reply:

      You started good & i was ready to give you credit for been mature but then you showed how stupid you really are…I guess stupidity is contagious. I despise “firsters”.

      FallOfTheRepublic Reply:

      Fall of the Republic HQ full length version
      http://spywitnessnews.org/cont.....rsion-2009

      Real Mad Reply:

      Well F & D, I don’t need Anyone’s acceptance…lol….far from it actually.
      So shove your peer pressure up yer keaster, ma darlin.

      Over & out out out.

      With love n hugs, your friendly neighborhood 1st’er

      Highlanderess Reply:

      LOL!

      Sir Baby De Porky Reply:

      He was atypically funny about it though !!!

      P.S. And you were insensitive !!!

      RJB Reply:

      Too bad we don’t need any “funny”. This is dead serious stuff.

      “Funny” isn’t going to get us out of this mess. “Funny” is just more of the same mindless and pervasive “entertainment” that distracted us and got us into this mess in the first place.

      Let’s get down to business, shall we?

      Lets save the fun for AFTER we have taken our country back!

      Sir Baby De Porky Reply:

      The NWO is laughin’ their asses off !!!

      Laugh Reply:

      You should try to laugh a little. Life isn’t worth living despising and being bitter about everything.

      kris Reply:

      Nice 1st!!!!

      mongoestella Reply:

      They should give Obama this guy for a while.

      http://www.newsoftheworld.co.u.....37074a.jpg

      doomzilla Reply:

      i thought something HUGE was supposed to happen on the 25th? all these predictions are garbage…….

      Moocow Reply:

      Same. However, Obama did declare a national emergency this weekend. That is a pretty damn big thing, if you ask me.

      ResistTyranny Reply:

      Hey guys, i’m really not trying to sound paranoid here but I figured with obama declaring a national emergency it might be wise to check and see if he issued any executive orders to go along with it.I figured I might get a little bit of a heads up as to exactly what his plans are. On whitehouse.gov when you search for obamas executive orders it comes up 404 page not found.Can you guys check that out and see if you get the same result? I find it more than a little creepy that at this pertinent time we cant see his executive orders

      the NWO ain't stupid... Reply:

      Obama’s national emergency isn’t as dire as you think, not yet at least, remember these guys are incrementalists.
      http://wnd.com/index.php?fa=PA.....eId=113964

      Evolution Revelution Reply:

      Jesus Fucking Christ How much longer will Americans wait THE PREDICTIONS ARE SMOKE SCREENS.

      Intent Gaze Reply:

      Everybody is soooooooo focking distracted.

      Mommas Milk Reply:

      Hmmm?

      did ya say something?

      I know the clouds are rippled from one horizon to the other, so maybe their ramping up the power and will try to explode our heads……

      SwEEEEt ‘POP’

      Holy Shit!!! Reply:

      When Government controls finance it effectively controls everything. Is that not Communism?

      Unconquered Reply:

      Yep. It’s bad, folks…Bad if you’re not one of the 9 major banks that Rev. Lindsey Williams said will be left standing. This is another bulls**t lie from our useless politicians. I’m going to guess that everyone BUT Goldman Sachs, JP Morgan, Morgan Stanley, and 6 other banks will get dismantled. Barney Frank?! Are you frigging kidding me? He’s standing over the bludgeoned corpse of the American economy, in the ballroom with the candlestick! GET HIM THE F**K OUT OF OFFICE. This is sooooo bad.

      Holy Shit!!! Reply:

      I think of all the recent stories on here this maybe the most important, yet, only some 40 odd comments? Either Americans dont know what this means or they do know what it means and have already headed for the hills.
      It looks to be me that something bad is coming your way real fast. I hope the real America is ready for this fight because the pace is being ramped up. Good luck guys.

      Sir Baby De Porky Reply:

      No , when gubernment controls the money to try to redistribute it more or less equally ,
      that’s Communism , what we’re witnessing is a crash course in sodomy !!!

      P.S. The only real question left is : with vaseline or not !!!

      RJB Reply:

      It makes no difference whether we call it the banks taking over the government, or the government taking over the banks, what we end up with when all the hoopla and dust settles is a MERGER, and I think we can all agree that extremely few Americans ever asked for that, or would benefit from it.

      The technical name for the merging of the government and the corporations is FASCISM.

      Sir Baby De Porky Reply:

      Sorry pal , but we need funny !!! If you think that being all sanctimonious about gettin’
      buttfucked by a bunch of crooks is gonna do it ( while they’re laughin’ their asses off !!! )
      you’re dreamin’ !!!

      I told you guys years ago to seriously stop eating meat ( more exactly , to stop supporting the meat / pharma industry sponsored animal holocaust ) , which is creating 70% of the bad karma that is starting to manifest it’s ugly face everywhere , and that everybloody is whinin’ about day in n’ day out , are you acting upon that ?!?

      P.S. I also seriously repeated that it’s time people learned to seriously wash their
      assholes , instead of just wipin’ it with paper !!! Are you doing it now , since you’re
      so goddamn serious ?!?

      Holy Shit!!! Reply:

      Is that the technical name for it? I thought when the State ran everything that was communism.

      THE WATCHER Reply:

      Obama and the NWO SUCK ASS!

    2. BOBBy Says:

      OK. fox guarding hen house again.

    3. Bob Says:

      I’ll tell you what this is. This is the “winners”, regulating the “losers”.

      RJB Reply:

      It’s just a merger. They make one side look more like the winner, and the other the loser to disguise the fact that they are both in cahoots.

      As Jese Ventura said, it is just like “professional” wrestling. It is show business, and they put on a show to make it look like a real competition, with a winner and loser, but they are really all reading the same script, and the whole thing is rigged.

    4. MyInfo4U.net Says:

      Giving the chief architect of the financial regulation overhaul to print more money. Too Much Government! Its getting Ridiculous! http://myinfo4u.net

    5. Bill Says:

      Let me just say that private banking has been the achilles heel of freedom for many thousands of years as well as gold and silver, its time to have no private usury at all including the federal reserve and our medium of exchange needs to be nothing but a piece of paper printed by our goverment at no cost to them backed by no-one and circulation be done through non-profit public credit unions where all money above and beyond operating costs goes directly to running our public institutions not filling the pockets of a few ultra rich control freaks.

    6. Jim Says:

      Let me guess, it will be a crisis (which it really is), the bill will need to pass immediately and nobody will be able to read it and it will give the government MORE dictatorial power.

      Evolution Revelution Reply:

      Wild Kingdom Watch it Jim your right again that banks turning into Godzilla and its disappearing into the Ocean

    7. Goofy Duck Says:

      My Gun Gives Me the POWER to kill !!!!

      So, why don’t I just go kill?

      Rather better to have a free bottle in front of me, than a pre-frontal lobotomy, no?

      So, as Minnesota Fats once said, “don’t bet on it!”. Stay in your padded cell, look at the big picture, the 8 X 10 and the wallet size and wait around for another “GET THE PICTURE?” cynicism from the ….media. Keep on talking ’til your dyin’ day….it will still be here, it will never go away.

    8. Tom Snider Says:

      Great news! and you people are paranoid and racist. My friend is stupid and now I am going to bitch slap him for directing me here.

      majic8ball Reply:

      See ya don’t let the door hit you in the ass on the way out dummy.

      SPIRITBLADE Reply:

      You stole my thunder…

      Tom Snider Reply:

      Why? cuz he shoved his man rodup your hypocritical arse? Yeah, that’s it.

      Nobody cares about your posts you troll!

      RJB Reply:

      “…and may posterity forget that ye were our countrymen”

      Highlanderess Reply:

      Get lost.

    9. Joe Says:

      Watch for free:

      Fall Of The Republic, Obama Deception, Endgame, Terror Storm, Loose Change, Aaron Russo’s Famous Interview (Must See), Citizen Investigation Team, Fabled Enemies, 911 Blueprint For Truth, and others all in full-length at my website.

      http://www.joemarquis.com/videos.htm

      I still encourage each and everyone to purchase the DVD’s to help keep the fight going.

      Evolution Revelution Reply:

      Its not a fight its a citizens liberal action for freedom lets not be associated with the so called educated idiots who design slavery through murder mind control corrosion and the right to be sovereign as an individual. Oh jesus fuck does that mean thinking individuals who look behind the veil? Hello there Wizard of Oz Toto just pulled the curtain back and look I know I only have a GED You have to have at least a high school diploma to understand the phony history books Did I even pass the GED I was relieved of duty for waking up HHHHMmmm and telling “Them” That what “They”are saying is bullshit and My handlers upset because I won’t conform and eat the wafer and drink the cool aid while they jack off watching me fuck my roommate which isn’t enough I feel like once every 10 days which leads to fucking your friends parapsychologist or attorney Since she was molested by her Mormon Grandfather sex is a challenge It’s a mystery yes oh yesyesyesyesyesyes fuck grammar I just want the money owed me for the job I just finished New Idea Prozac machines with designer drugs on every corner like coke machines that way when your fucked by a molested by a Mormon or a counselor attempts to fuck you in the ass at teen challenge we can say its Gods will take a pill you really wanted it this way Best regard Good Times

    10. Mac-101 Says:

      Normally, if I wasn’t awake, I’d say this is good. However, with Barny Franks writing this regulation, who will make the BUCKS, is it his puppetmaster, George SOROS, or the one who owns our ENTIRE NATIOINAL financial institution, Goldman Sachs!

      Wake Up America! Reply:

      Jon Corzine worked for Goldman Sachs.

      Mac-101 Reply:

      As most of the players in the US gov!

    11. pheffler Says:

      http://americangrandjury.org/history_power.html

      please read

    12. Jim Says:

      Max Kaiser talks about Goldman and Oathkeepers. It’s a must see.

      http://www.youtube.com/user/MaxKeiserTV

    13. JJ Says:

      ############### SPREAD THIS INFORMATION ###############

      Wall Street criminals exposed By Marcy K.:

      kaptur.house.gov/index.php?option=com_content&task=view&id=289&Itemid=1

      youtube.com/watch?v=tMCZ8JeEpUw
      or
      fednet.net/asx/2008/kaptur092208.asx

      Tim Geithner refusus to answser Brad Shermans question:

      youtube.com/watch?v=rEpmRv2kAng
      or
      youtube.com/watch?v=_nWFfJQtoT8
      HQ version: youtube.com/watch?v=Gvt1uzLv15o

      Rep. Alan Grayson asks the FEDERAL RESERVE Inspector General where the money is gone..:

      youtube.com/watch?v=PXlxBeAvsB8
      HQ version: youtube.com/watch?v=cJqM2tFOxLQ

      **********END THE CRIMINAL RESERVE – ACTION STEPS**********

      Bills to be supported: S 604 and HR 1207. Information:
      ronpaul.com/on-the-issues/audit-the-federal-reserve-hr-1207
      or
      http://www.campaignforliberty......d-home.php
      or
      auditthefed.com

      Stop and jail criminal Ben Bernanke:
      www(dot)unmaskthefed.com

      ############### SPREAD THIS INFORMATION ###############

    14. Brandon Says:

      Don’t get caught up in the time predications is good advice. They keep coming and going, they will continue to do so. Just look at the actions. I wonder if this “new bill” is not just the same one former trea. sec. Hank Paulson put together…

    15. JJ Says:

      B. OBAMA IS A SPINELESS “NWO/CRIMINAL BANKERS” PUPPET

      This video makes it 100% clear.
      Watch Ron Paul on CNN:

      Ron Paul says: “Why are we spending all this money, why do we run the “WORLD EMPIRE”,.. and how did we get in this mess?..”

      http://www.youtube.com/watch?v=WUvjXzTaw5M
      or
      youtube.com/watch?v=wM6rfXof2xQ
      or
      eclipptv.com/viewVideo.php?video_id=6808

    16. Keith4130 Says:

      The slim covered fat elite NWO termites, scurrying around in the shadows, eat the foundation of the building away. From the outside for a long time the building appears solid, but after enough damage is done, it all simply collapses.

      http://www.usdebtclock.org/

      Jim Reply:

      Wow.

    17. Wake Up America! Says:

      This bill better die in committee.

    18. www.creditambassador.com Says:

      I say each person takes the time and pick up there cell phone or what ever and starts calling there family, friends and people 1 by 1 to try to awake them to the truths, If you cant take that type of simple action, then your really not doing anything.
      I personally do it myself daily, people needing help escaping the credit problems so they can afford to live, so they can afford to keep family safe for future, they come to me for help, I teach every single day for FREE by appointments, it nice to know i have job that give me freedom to open minds and help people with REAL issue like credit, and the financial traps the banks try to put us in, credit is something NO American has ever learned in high school or college!
      It not anyone’s fault expect our own for not being willing to accept what we don’t know and our willingness to learn, we do have some rights left, especially against the for profit credit bureaus that work for the banks, and in today’s credit driven society it about making them work for you instead of against you, it just system, you either let it control your life or you take control of the system!

      If you need help with anything credit, finance, related don’t be afraid to check out our website or blog videos on FREE credit education, we rather teach you there tricks so they cant trick you.
      http://www.creditambassador.com

      Chris H. Reply:

      Uhhh, dude, the people that I know don’t want to listen. Everyone on in my circle that are going to wake up have already done so.

      We are totally screwed. They have HAARP…what do you think caused all the earthqaukes and fucked up weather?

    19. SPIRITBLADE Says:

      OH WAIT…

      …DID i SAY-

      [ARM-UP, SPREAD - OUT]

      …………..??

      (i’m sure i meant-to)

    20. Captian Kirk Says:

      He, (Obama) needs to dismantle the fed and preserve what’s left of US industry.

      But then he would have to give a shit about this country to do that.

      Chris~ Reply:

      And what happened to the last president that almost put the Federal Reserve Bank out of business ?? Shot in a limo !! JFK was the closest to shutting down the central bank since Lincoln. Andrew Jackson, was the only president to actually “kill the bank”, and ironically, was the first president to have an assassination attmept on him.

      Also interesting is that Jackson was known to have been a Freemason.

      Chris~ Reply:

      Sorry, I should have finsihed with this….Dont hold your breath for Obama to go against the orders of his puppet masters, and actually try anything like Jackson, Lincoln or JFK.

      RJB Reply:

      Dismantling the Federal Reserve is part of the plan, and has been so all along. It was established for a purpose, and its purpose has been accomplished. It provided the means to strip mine the American economy and to bankrupt the Republic. Having done that, it has now outlived its usefullness, as they knew it one day would.

      Look to the bankers to hand us the illusion of a major victory by letting us take credit for taking down the Federal Reserve, and then acting like it has mortally wounded them. Then, like in a bad horror movie, the monster that we tought had been killed, but which can never be killed, will just arise again, perhaps in another form.

      In this horror movie, as in every other, you cannot trust that just because something appears to be dead, that it really is. It may be just the beginning of even worse trouble.

    21. Geo Says:

      Oh yeah. Getting closer and closer every week. The more the criminals try to push on the people the closer we get to what I call a triggering event. Whatever that may be will undoubtedly unleash the full force of the anger and frustrations felt all over our country today. What the horrible criminals don’t get is that they cannot control all of the people, they cannot get most people to voluntarily have themselves injected with poison, they cannot silence the growing mass of voice screaming out enough is enough. It is going to be interesting.

      RJB Reply:

      They cannot stop us from acting out, but, knowing that, they are sure as hell are going to try everything they can to get us to strike the wrong enemy.

    22. kw Says:

      So right, Geo. Government corruption is about to end. Agreed? The people of this nation will be free to live, one way or another. Either those in government abide our Declaration of Independence and our Constitutions and the Bill of Rights the easy way, or the hard way. Let it not be unsaid that the easy way will still have its consequences of reconciliation, so to speak.

    23. MoltenMatty Says:

      It’s obvious the side Obama is on, so there is no use attacking him unless the proper ammunition is acquired. It’s further frivolous to rabble rabble rabble about the situation. Actions speak louder then words. I’m a very certain we all have similar views here (infowars) so there is no use rehashing them time and time again. Instead, share our views in your local newspaper while they still print and appeal to the masses not yet enlightened in the realm of the NWO.
      -Audit the FED, RP 2012.

      RJB Reply:

      Forget the audit. the Federal Reserve is at the end of its planned lifespan. They would just cook the books anyway.

      Auditing the Fed now is like closing the barn door years after the horses got out.

      No, we need to go for the owners, not the franchise. They are the enemy. They are the one thing that, if eliminated, will put a stop to all this madness.

      Less than 3 million people are holding a planet of 7 Billion people hostage. We outnumberthem at least 2,000 to 1. All we need is to agree where the very root of the problem really lies, and go and take care of it, once, and for all.

      No doubt the evil will arise again, due to human nature, but we might be able to buy ourselves a few generations of peace and tranquility until then. I say it is more than worth it, and they have forfeited all rights by attacking ours so relentlessly, so pervasively, for so long.

    24. Jaro Says:

      October 9 2009 at 10:04 -10:32 I spotted a strange cloud formation (a circular cloud )

      I proceeded to take over 50 pictures and decided to make a small video on what I had seen ! I had noticed while making the video that there was another strange cloud seen above moscow on the same day !

      http://www.youtube.com/watch?v=ZjuI_5N9sqQ

    25. puppetsinDC Says:

      hey, geithner the evil elf, the workshop called and they want some more credit default swaps, CDO’s, etc.

    26. Neocon Narc Says:

      You mean to go after the competitors of Goldman Sachs.

      Because we know you would never shut down your own mafia ran company Goldman Sachs!!!

      RJB Reply:

      The government cannot absorb Goldman-Sachs without becoming them. That appears to be what we are seeing develop.

    27. TRUKINY Says:

      MIND REVOLUTION!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    28. Patrick Says:

      A lot of hard working Americans are going to be stuck here when this country is totally flipped over. They don’t know anyplace else or how to survive outside the country! Me personally, I’ve never been outside of the US, never really occured to me to leave it.

      A lot of current “Americans” are simply going to go back to their home country or simply leave, because they have the choice. I would imagine Obama doesn’t have plans to stay here. I used to know this Malaysian lady who told me she’d do just that, go back to Mom if the sh%t ever hit the fan. Come to think of it, that’s probably why she decided to live off her credit cards when I met her.

    29. Highlanderess Says:

      Yeah…just in time for the same time last year. What a bunch of A holes. Now that’s transparancy for ya.

    30. Doug Diggler Says:

      It will be a great day when the oligarchs of Wall St. are put out to pasture by the US government. The problem is, since last fall, Wall St. owns congress and will not allow themselves to be dismantled.
      Pity.