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U.S. seeks expanded power to seize firms

S

Socio

Golden Member
U.S. seeks expanded power to seize firms

WASHINGTON - The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document.
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Obama taking que?s from Chavez?

When the Government can come in and seize your company that is scary power!
Not only that, if they keep scaling up this power, how long before they finally just make it eminent power, how long before they start seizing everything?

What is next, the abolishing of term limits for the POTUS?
 
Why would such companies collapse now or in the future? The plans to fix the economy are announced and in motion.
 
Originally posted by: Socio
U.S. seeks expanded power to seize firms

WASHINGTON - The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document.
Click to expand...

Obama taking que?s from Chavez?

When the Government can come in and seize your company that is scary power!
Not only that, if they keep scaling up this power, how long before they finally just make it eminent power, how long before they start seizing everything?

What is next, the abolishing of term limits for the POTUS?
Click to expand...

Reagan would disagree.
 
Originally posted by: TheRedUnderURBed
Originally posted by: Genx87
Get over it!!!!!!!!!!!!!!!!!!!!!!!!!!!
Click to expand...

Would be nice if ppl did, instead of the incessant whine since Nov.
Click to expand...

yes people should stop whinning over the direction the country is headed. the should just shut up and like it! right?
 
Originally posted by: Socio
U.S. seeks expanded power to seize firms

WASHINGTON - The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document.
Click to expand...

Obama taking que?s from Chavez?
Click to expand...


Lol...

 
Originally posted by: waggy
Originally posted by: TheRedUnderURBed
Originally posted by: Genx87
Get over it!!!!!!!!!!!!!!!!!!!!!!!!!!!
Click to expand...

Would be nice if ppl did, instead of the incessant whine since Nov.
Click to expand...

yes people should stop whinning over the direction the country is headed. the should just shut up and like it! right?
Click to expand...

exactly like all the libs did when Bush was in power. oh, wait........
 
Originally posted by: CPA
Originally posted by: waggy
Originally posted by: TheRedUnderURBed
Originally posted by: Genx87
Get over it!!!!!!!!!!!!!!!!!!!!!!!!!!!
Click to expand...

Would be nice if ppl did, instead of the incessant whine since Nov.
Click to expand...

yes people should stop whinning over the direction the country is headed. the should just shut up and like it! right?
Click to expand...

exactly like all the libs did when Bush was in power. oh, wait........
Click to expand...

Bu bu but that was DIFFERENT!!!!!!!!!!!!!!!!!!!!!!
 
Originally posted by: CPA
Originally posted by: waggy
Originally posted by: TheRedUnderURBed
Originally posted by: Genx87
Get over it!!!!!!!!!!!!!!!!!!!!!!!!!!!
Click to expand...

Would be nice if ppl did, instead of the incessant whine since Nov.
Click to expand...

yes people should stop whinning over the direction the country is headed. the should just shut up and like it! right?
Click to expand...

exactly like all the libs did when Bush was in power. oh, wait........
Click to expand...

If you haven't noticed, we're trying to clean up Bush's big mess here
 
Originally posted by: Phokus
Originally posted by: CPA
Originally posted by: waggy
Originally posted by: TheRedUnderURBed
Originally posted by: Genx87
Get over it!!!!!!!!!!!!!!!!!!!!!!!!!!!
Click to expand...

Would be nice if ppl did, instead of the incessant whine since Nov.
Click to expand...

yes people should stop whinning over the direction the country is headed. the should just shut up and like it! right?
Click to expand...

exactly like all the libs did when Bush was in power. oh, wait........
Click to expand...

If you haven't noticed, we're trying to clean up Bush's big mess here
Click to expand...

By creating another big mess?
 
Originally posted by: CPA
Originally posted by: Phokus
If you haven't noticed, we're trying to clean up Bush's big mess here
Click to expand...

By creating another big mess?
Click to expand...

They view the government seizing power from the people as "trying to clean up Bush's big mess". Hey, when you?ve got the boogeyman in Bush it?s amazing how much murder you can get away with in the name of undermining him and his polices, even after he?s retired.

When following in Chavez?s footsteps. Hell, even in Stalin?s footsteps, it?s perfectly reasonable to claim you are doing it for the good of the nation. Those men also claimed that exact thing.
 
If a fund or insurer's collapse likely and it presents a systemic risk, hell yeah the government should have power to seize it. Would be nice if they seized AIG and stopped it from doing stupid sh!t before it became a huge burden on the taxpayer.
 
Government needs to stay the fuck out of businesses. This is just another step towards the USSA.

If the biz is failing, they need to fail.
 
Originally posted by: waggy
Originally posted by: TheRedUnderURBed
Originally posted by: Genx87
Get over it!!!!!!!!!!!!!!!!!!!!!!!!!!!
Click to expand...

Would be nice if ppl did, instead of the incessant whine since Nov.
Click to expand...

yes people should stop whinning over the direction the country is headed. the should just shut up and like it! right?
Click to expand...

No, but they should stop whinning over things that havent even happened, or things that some website says will happen. IF it ACTUALLY happens, or if Congress, and/or Obama says they are going to make it happen, then by all means, commence whinning.

As of now, you are just whinning in the wind =)
 
Originally posted by: mooseracing
Government needs to stay the fuck out of businesses. This is just another step towards the USSA.

If the biz is failing, they need to fail.
Click to expand...
What about the other way around?
 
Originally posted by: her209
Originally posted by: mooseracing
Government needs to stay the fuck out of businesses. This is just another step towards the USSA.

If the biz is failing, they need to fail.
Click to expand...
What about the other way around?
Click to expand...
If a business fails, there are other businesses that will swoop in and fill in the void.
When governments fail, there are other governments that can come in and fill the void, the only problem there is that you might not be the right color or have the correct belief structure to survive the next government.
 
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