Read this, We need to be protesting against Obama and the Democrat control Congress who got us into this mess to start with instead of the banks and companies! If Obama is allow to do this, then he will have complete control of America and We The People!
The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a plan to overhaul financial regulation, the New York Times reported.
Obama is expected to announce the plan, which officials said would include a broad new role for the Fed to oversee large companies, ahead of the G-20 summit in early April.
The administration was still debating details of the plan including how broadly it should be applied and how far it should go beyond simple reporting requirements, the Times said, quoting unnamed officials. Read More
The Tea Party Protesters should turn their protesting towards Obama and the Democrat Congress which is the ones who put us into this problem to beginning with. By protesting against AIG we’re falling right into the hands of Obama while our banks and money is falling into his hands as well.
Obama is getting control of your money to do with as he please!
2 corporate credit unions taken over by government
The National Credit Union Administration said it has taken over and put into conservatorship the two corporate credit unions, U.S. Central Federal Credit Union, based in Lenexa, Kan., and Western Corporate Federal Credit Union, in San Dimas, Calif. U.S. Central has about $34 billion in assets while Western Corporate, known as WesCorp, has an estimated $23 billion in assets. Keep reading…
Alabama Sen. Richard Shelby pulling no punches
Alabama Sen. Richard Shelby pulling no punches on “Fox News Sunday”: “a lot of people question” whether Geithner “is the man for the job,” he said, adding that “if he keeps going down this road, I think that he won’t last long.”
As to the deficit? Shelby said “I see a $20 trillion deficit in the years to come” in response to a question from Wallace. Keep Reading…