OBAMA’S AMERICA: CENTRALIZED CONTROL OF EVERY SECTOR OF THE ECONOMY
by Stevex09, blogging at http://stevex09.wordpress.com/
Stimulus, auto, mortgage and housing, health care, banking and lending, student loans, financial regulation, energy, environmental regulations, immigration…
In 18 months the Obama regime has taken control of all these industries, and there will be much more to come. (information control and access to the internet)
In a nutshell:
Stimulus: a TRILLION dollar giveaway and payoff to his supporters.
Auto industry: Bankruptcy and bailouts = preservation of and job security to unions.
Mortgage and housing: After blocking and stalling regulation of Fannie and Freddie, the very people responsible for the collapse opened the coffers of the American taxpayer and have given a blank check to Fannie and Freddie.
Health care: The government takeover of one-sixth of the U.S. economy and massive redistribution of wealth.
Banking: Now that “finance regulation” is being passed to the tune of 2300+ pages of bureaucratic b.s., the government has complete control of everything from the credit bureaus to how big and small banks are run.
Student loans: The government essentially decides who qualifies for higher education.
Cap & Tax: Soon to come, the surrender of American industry to foreign control. And the surrender of America’s sovereignty.
Immigration: Amnesty on a massive scale. The overwhelming of government social services which is already unsustainable.
All this boils down to the restructuring of the U.S. budget and redistribution of America’s wealth, not just within U.S. borders, but also abroad.
Now that complete control has been secured, it’s going to be interesting to observe the application. The talk about “unintended consequences” is nonsense. There is absolutely nothing “unintended” about it.
The massive deficit created by the Obama regime will soon result in heavy tax increases on virtually everyone. You can bet a VAT (value added tax) will be implemented soon enough. The European-style government control dreamed about by Obama and everyone in the U.S. Congress has become a reality.