If WaPo is to be believed, Obama's takeover of the country is nearly complete... takeover of the private sector by the Federal Bureaucracy, that is. And it's getting nearly impossible NOT to be cynical, a little bitter, and a LOT disgusted with the way things are going since Bambi took over the reigns from George W. (by God, YES George...we DO miss you) Bush.
There's no need to list (or link to) all the things now run by (or micromanaged via) the Federal Bureaucracy. There's little point in mentioning how often our Democrat friends have told us the only way to love a bill is to pass it...so we can find out what's really IN it. And there's certainly nothing but wasted energy, and eroded sanity, were any of us to even bother trying to get a copy and read for ourselves that which has already been crammed down our throats...maddening protestations notwithstanding. No, boys and girls, our only role in life in the eyes of Obama and his regime is to take what they give us appreciatively, give what they take from us happily, and smile humbly at the benevolence of our Government and their deep-seated concern for our well-being.
I'm no economist, but even I can see the problem with this statement [emphasis mine]:
A new consumer protection bureau housed in the Federal Reserve would have independent funding, an independent leader and near-total autonomy to write and enforce rules. The government would have broad new powers to seize and wind down large, failing financial firms and to oversee the $600 trillion derivatives market. In addition, a council of regulators, headed by the Treasury secretary, would monitor the financial landscape for potential systemic risks.
The guys that can't oversee an oil spill in the middle of the Gulf expect us to believe they can manage this much of our Financial sector? The guys that run a budget that keeps going deeper and deeper into debt? The guys that already managed to destroy the jobs market, the automobile industry, the Insurance business, the School loan industry, and soon the Health Care system...and the very same guys that can't guarantee our security at home, let alone manage and win foreign wars...these very same guys? Really?
Did I miss something?