Post Election Obama: I intend to continue using Big Banking for the fall guys on some issues.

Yesterday,  Saturday the 26^th,  H Obama pledged to continue his fight against fiscally  “irresponsible behavior.”  Of course,  he has no clue,  personally,  what that means,  since he has personally increased out deficit go 60%,  but,  then,  who is counting.  

In his weekly radio address,  he had this to say:   

“Here in America, we know the free market is the greatest force for economic progress the world has ever known.  But we also know the free market works best for everyone when we have smart, commonsense rules in place to prevent irresponsible behavior  . . . . . .  But it’s not enough to change the [financial] law – we also need cops on the beat to enforce the law.  And that’s why, on Thursday, I nominated Mary Jo White to lead the Securities and Exchange Commission, and Richard Cordray to continue leading the Consumer Financial Protection Bureau.    Mary Jo White has decades of experience cracking down on white-collar criminals and bringing mobsters and terrorists to justice.  At the SEC, she will help complete the task of reforming Wall Street and keep going after irresponsible behavior in the financial industry so that taxpayers don’t pay the price.”

Editor’s notes:  while some conservatives see this as an evil omen,  Jamie Dimon (pronounced “Diamond”) in a Fox Business News interview with Liz Claman,  praised White and indicated that,  while he is not happy with this Administration,  “it is what it is,”  and it is time to move.   Obviously that is what Wall Street has done,  what with its record highs and recessionary recovery.  

Understand that the printing of money called "monetary easing" (some 40 billion printed each and every month as of a Fed decision in 2012),  the stock market is juiced with this new money,  and is in full “rebound mode”  when other fiscal categories continue to experience recessionary penalties such as the jobs recession,  the bankruptcy recession,  the building recession,  the manufacturing recession and the foreign policy recession.   

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End notes:

Jamie Dimon is president and CEO of JP Morgan,  and one of the most respected financial minds in the business.  

EPA to regulate farm dust ! The 112th needs to regulate our regulatory authorities immediately If not sooner.

EPA to crack down on farm dust

By Jacqueline Sit, NEWS 9

OKLAHOMA CITY -- The U.S. Environmental Protection Agency is considering a crackdown on farm dust, so senators have signed a letter addressing their concerns on the possible regulations.

The letter dated July 23 to the EPA states, "If approved, would establish the most stringent and unparalleled regulation of dust in our nation's history." It further states, "We respect efforts for a clean and healthy environment, but not at the expense of common sense. These identified levels will be extremely burdensome for farmers and livestock producers to attain. Whether its livestock kicking up dust, soybeans being combined on a dry day in the fall, or driving a car down the gravel road, dust is a naturally occurring event" . . . . . . .

Editor's notes: with the installment of the 112th Congress (Jan 20, 2011) , one of the issues that need to be addressed is the increasing power of the several regulatory agencies, i.e. the EPA, the FCC, the SEC, the FTC and the NEA (National Education Agency) with regard to the establishment of new Federal policy or the expansion thereof.

Understand that is the EPA that may empower "Cap and Trade" without Congressional approval. It is is the EPA that may damage farming for ever. It is the FCC and the FTC that may be used to regulate conservative talk radio into oblivion. It is the SEC that may regulate Wall Street, punishing pro-conservative companies. It is the NEA that pushes issues of faith and conscience further out the door, teaching our children AGAINST OUR WILL and forbidding full classroom disclosure !!

Add to these "tools" for dictatorship Obama's abuse of the "czar" process (a 38 billion dollar collective operating as "staff," hiding behind "executive privilege," refusing to answer questions from Congress, existing without any Congressional review possible, solely answerable to Obama); the use of "executive order" and any presidential privilege that can be utilized to usurp Federal authority without Congressional review and approval.

The Obama Administration has made it clear that the US Congress is no longer needed. THAT needs to be fixed and the business of Congressional review and repair is extensive and very complicated. This review process needs to be completed before we elect out next Marxist sympathizer.

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