December 17, 2009
[efoods]A Republican congresswoman, who has been in the forefront of the fight against the healthcare bill, the climate control bill and other contentious measures, warned in an impromptu interview on Breitbart.tv Thursday evening, that a fast-tracked, under-the-radar mega-bill by Rep. Barney Frank, D-Mass., designed to overhaul the regulation of the entire financial services industry – and headed at the time for passage by the House — is “even worse.”
“I know that’s hard to believe, but it is worse in the sense that every American makes financial transactions,” said Michele Bachmann, who represents the people of Minnesota’s Sixth Congressional District. “We all use credit cards, we all write checks. This will all now be controlled by government, and government will ration credit. You can’t have capitalism without capital, and government will decide who gets capital and who doesn’t.”
“The entirety of this bill — all pinned together like this — hasn’t even gone through committees,” Bachmann said. “It just went on the floor for three hours of debate. It’s a complete government control of the financial services industry and no one knows about it!”
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