9/17/10

NWO Financial Takeover Of America Update: Obama Appoints 'Wall Street Czar'

Follow up on: NWO Passes U.S. Financial Takeover Bill, Washington Quakes 7-17-10 " WASHINGTON—Congress approved a rewrite of rules touching every corner of finance, from ATM cards to Wall Street traders, in the biggest expansion of government power over banking and markets since the Depression....the legislation hands off to 10 regulatory agencies the discretion to write hundreds of new rules governing finance." [see post]
--------------------------------
Liberal Icon Warren Tapped by Obama to Take on Wall Street
White House Bypasses Senate, Avoids Confirmation Fight for Consumer Czar
President Obama today selected Elizabeth Warren, who's idolized by liberals but loathed by financial executives, to help create the controversial new consumer protection agency she first proposed several years ago.
Sen. Judd Gregg, the ranking Republican on the Budget Committee, told ABC's "Top Line" that the president's decision to bypass the Senate was "a terrible adulteration of the process."
The president's decision, first reported by ABC News' Jake Tapper, will give Warren an important role in creation of the bureau, but will avoid a confirmation fight in the Senate, a political maneuver that has upset lawmakers on both sides of the political aisle.
The new agency will have the power to write rules that govern financial services and products such as mortgages and credit cards.
The bureau will be a separate unit within the Federal Reserve, funded by the central bank. Instead of a host of consumer programs being spread across numerous agencies, as with the Fed, the Federal Deposit Insurance Corp. and the Federal Trade Commission, the new agency will consolidate them all under one roof.
---------------------------------------------------
re: "consumer protection agency"
This is very simple. Two months ago the U.S. Congress and the White House layed the groundwork for the dictatorial takeover of the previously private American financial systems [see 'update' above]. Details of the new legislation were sorely lacking. It will be a 'work in progress' was essentially the only information given to the 'homeland subjects'. Here now is some of that 'progress' - a new 'Wall Street Czar'.
Although being called a "consumer protection agency" and being marketed as an 'all positive', the reality is that it is an open assault on the free market capitalism America was built upon. Instead, "a host of consumer programs...will consolidate under one roof", and that under the direction of what must be described as nothing less than a materializing dictatorship. Because the American constitutional system of checks and balances has been undermined repeatedly through the handing of absolute power to appointed "Czars', it cannot be viewed in any other way.
This is still only part of the picture. The goal is a 'global kingdom'. Nothing less. This country must be devoured and woven into it. You are seeing it, you will be impacted.
The Babylonians are coming out in the open. Come out Christian. Rev. 18:4
***
compare: Zionist Hostile Takeover Of America - It's On: Oba-czars Refuse To be Questioned 10-7-09 "...Congress would not get a chance to ask fundamental questions of the czars about their roles and responsibilities...Collins added: “The responsibility of Congress to oversee the executive branch is fundamental to our constitutional system.” "
---------------------------------------
Jeremiah 51:6 'Flee out of the midst of Babylon, and deliver every man his soul: be not cut off in her iniquity; for this is the time of the LORD's vengeance; he will render unto her a recompense'

No comments :