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Now that’s a headline to ponder.

From the Washington Post:

“U.S. Seeks Expanded Power to Seize Firms
Goal Is to Limit Risk to Broader Economy”
By Binyamin Appelbaum and David Cho
Washington Post Staff Writers
Tuesday, March 24, 2009; A01 

Is limiting harm to the economy the goal?   And why does it say U.S.?

“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.”

So it’s not the U.S. It’s the Obama adminstration. I thought the U.S. was going to go over seas and take stuff. Now I see Obama,the most polarizing figure in history, is being true to his Socialism.

Reading down further:

“The government at present has the authority to seize only banks.”

That answers the question doesn’t it? More devious government control.

They will continue to TAKE as long as they can with whoever is in the treasury position!


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