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Obama Stripping SEC Of Power: A Terrible Mistake?
By Bill Cara on May 20, 2009 | More Posts By Bill Cara | Author's Website
The Obama Administration is about the show the world that the American President is very much not his own man. Of course, during the election campaign we saw that the candidate possessed little experience or expertise in the field of economics and finance, so why should we be so surprised that the staff who do who moved into the White House are linked not to the public who elected the President but to Wall Street.
The President promised change, and now the public is soon to discover that Humungous Bank & Broker (HB&B) will be taking control of the Securities and Exchange Commission, the government regulator whose present mandate is to serve and protect the people.
http://tinyurl.com/rcbd4l
Mr. President, you permit that change on your watch and you will be responsible for unimaginable consequences to your country. It’s shocking to me that you could be so naïve that you actually believe the American public will accept this quietly.
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