Theodore's World: Obama and Barney Frank Financial Regulation Plan~ Hurts Small Businesses

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December 12, 2009

Obama and Barney Frank Financial Regulation Plan~ Hurts Small Businesses

This is how Obama-Barney Frank Financial Regulation plan will hurt the small businesses on Main Street and help the big businesses on Wall Street. ( video from the HeritageFoundation )


Barney Frank’s financial-reform legislation, which dropped on the House last week. It’s 1300 pages long, and the vote will be taken — today. It reorders the entire financial-services industry and vastly increases government control over it. And ACORN, too.

VERY IMPORTANT this the second video to be sure to watch and listen to!!!!!!!!!!!!!!!!
PLEASE CLICK HERE TO SEE VIDEO OF Michele Backhamm She is really good and explains the bill as well ~ Thank you

"We're the beacons. We're it. If the US goes down, where do we go? What other nation do we go to? This is it." ~ Michele Bachmann

Frank bypassed the committee process, according to Michele Bachmann, and she doesn’t see much hope for stopping it in the House. She wants to encourage people to put pressure on the Senate, where she thinks the bill can be stopped

Wild Thing's comment..........

Obama and Bwany Fwank has done enough to ruin the economy of this’s time for BOTH of them to go away.

Every day one of these bozos fires another shot meant to incrementally destroy what has made us great.

Members of Congress got this bill on Tuesday of this week and it is being rushed to a vote yesterday!

This bill passed on Friday, HR 4173 passed 240-182 with minimal debate. sheesh!

Michele Bachmann knew there was not enough time to stop it in Congress - BUT THERE IS TIME TO STOP IT IN THE SENATE! Thank you to Michele for the heads up about this.

Posted by Wild Thing at December 12, 2009 04:49 AM


I have posted the Michelle Bachmann video but did not see the one from the Heritage Foundation. Thanks for posting it.

Posted by: Bob A at December 12, 2009 10:40 AM

I wish these pathetic losers would stop calling everything they do a 'Reform'. It is not reform, it is total regulation with punitive taxes and a punishing of the Small Businessman.

Posted by: Mark at December 12, 2009 12:40 PM

Michelle and Sara, sure make a great team.

Posted by: Dave 18zulu at December 12, 2009 01:46 PM

We don't have a constitutional govt. right now. We have a one party dictatorship. The Democrats introduce massive govt control bills, inundate them in overwhelming paperwork and pass them almost overnight with a one party majority. Just like that our constitutional republic becomes a sub Saharan dictatorship.

Posted by: TomR at December 12, 2009 01:47 PM

What did Obama say as he slid off the Zebra?
Now you see me, now you don't.
Notice how he looks more an more like Mussolini as he becomes more like him.

Posted by: Jack at December 12, 2009 02:24 PM

Jack, LOL good one.

Thank you so much all of you.

Posted by: Wild Thing at December 13, 2009 01:10 AM

Don't hold your breath waiting for whole chapters to be written about HR 4173 in the history books. The Civil Rights Act of 1964 it ain't. This proposed new law is so riddled with loopholes it might as well be rendered next-to-useless. It was passed 223 to 202 - with not one Republican legislator voting in favor of it. Not one. Even a law as watered down as this one is unacceptable to these fools. That fact alone illustrates more than any other the moral bankruptcy of that hideous party.

HR 4173 is merely a baby step in the right direction. For three long decades these knuckleheads were permitted - by law - to run roughshod over our economy, looting our national treasure in the process. As Sam Cooke once sang, "a change is gonna come". So much more needs to be done. So many old laws need to be re-instituted. Imagine cleaning up a blood bath with a Kleenex. That is basically what HR 4173 amounts to.

Tom Degan
Goshen, NY

Posted by: Tom Degan at December 14, 2009 11:12 AM