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Obama is a socialist. After reading this article, how can you doubt that. That doesn't mean socialism is bad, just that Barack is embarrassed to tell the truth.
He is trying to force community banks to "borrow" money from the Feds--money the banks do not need--but he is still trying to force them. Why? " Participating banks must also give the government warrants that can be turned in for part-ownership of the bank, which would dilute existing shareholders' stock."
That means he wants government to own all the banks in the nation--that is called socialism. What would you call it?
President Obama is using the force of government to take over the banks--if you do not borrow the money and give us an interest in your bank, we will force you to spend lots of time in an audit.
This is how the Mafia took over businesses--then again Obama is from Chicago.
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He is trying to force community banks to "borrow" money from the Feds--money the banks do not need--but he is still trying to force them. Why? " Participating banks must also give the government warrants that can be turned in for part-ownership of the bank, which would dilute existing shareholders' stock."
That means he wants government to own all the banks in the nation--that is called socialism. What would you call it?
President Obama is using the force of government to take over the banks--if you do not borrow the money and give us an interest in your bank, we will force you to spend lots of time in an audit.
This is how the Mafia took over businesses--then again Obama is from Chicago.
More...