PRESIDENT OBAMA SAYS MORE REGULATION IS NEEDED TO PREVENT ANOTHER FINANCIAL MELTDOWN

Be prepared for more incompetent bureaucrats taking your money in the form of taxes. Regulation reform is necessary. Fire the incompetents now working, downsize and hold those responsible for not doing their job. Bottom line, don't listen to the faulty diatribe coming out of Washington D.C. The governmental agencies did not do the job they were charged with. They fell down like a drunk coming out of a Georgetown bar.
 
Fire those in congress and the agencies they regulate for letting the fox into the hen house. Now the bureaucrats want to do to us one more time what they have been doing to us for years. They are porking us again by increasing the size of the bureaucracy. Our solution, do not let the government back up any organization, financial or otherwise,we do not need any Government Sponsored Enterprises. This is the 21st Century, free enterprise is the only way to go. This will make management responsible for their company's survival. With government backing up companies, management takes unnecessary risks. Look at Fannie Mae, Freddie Mac, AIG, WaMu, Wachovia, Lehman Brothers, etc. How many Mutual Savings Banks went under?  1, 2, not many, they have responsible Directors who are accountable, responsible and respectable. Getting Barney Frank and Chris Dodd to Pork us one more time is too much to ask the hard working American taxpayer. We want  to dismantle the bureaucracy, get government  out
of our lives. Cut the pork, cut the pork, cut the pork, cut the pork, cut the pork, cut the pork.

 

 

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