Global Commie Unionist Corporate Criminal Regimes : Freddie Mac and Fannie Mae ;

Supporters
of Sen. Chris Dodd's financial
regulation bill say it will end
financial bailouts.

In fact,
the Senate - anxious to reassure
Americans on that fact - even
added an amendment last week,
with a stated purpose

"To prohibit taxpayers from ever
having to bail out the financial sector."

But someone forgot to tell the folks
across town at Freddie Mac and
Fannie Mae.

Freddie last week announced it had
lost $8 billion in the first quarter of the
year, and would be asking for another
$10.6 in taxpayer help.

And today,
its twin Fannie announced a $11.5
billion loss, and asked for a further
$8.4 billion in aid from taxpayers.

That's in addition to
the nearly $145 billion in aid to Fannie
and Freddie they have already received
http://blog.heritage.org/2010/05/10/no-more-bailouts-bill-springs-a-leak-fannie-and-freddie-ask-for-more/

The U.S. has historically maintained
more separation between government
and business, avoiding the politicization
of economic decision-making that has
characterized European systems.

Unfortunately, that wall of separation
has all but collapsed under the weight
of TARP, the stimulus bill, automotive
bailouts, and the health care bill.

What took years to develop
in Europe seems to be happening
in an instant in America.

The Greek crisis is providing
a great object lesson for America.

If the United States continues to rush
down the European economic path,
we can expect a default on government
promises (Medicare, Social Security,
Health care), higher interest rates on
U.S. government bonds or even a
flight by foreign investors like China
to alternative investments, and a drop
in the value of the dollar, raising energy
and consumer costs and spreading
inflation throughout the economy
http://blog.heritage.org/2010/05/10/europe-2010-a-glimpse-of-america%e2%80%99s-economic-future/

Remember
the White House's insistence that,
under Obamacare, you keep your
insurance plan if you like it?

We didn't believe it then.
Turns out we were right.

AT&T, Verizon, John Deere
and others may well drop the health
care coverage they now offer
their employees.

Obamacare
makes it much cheaper for these
companies to dump their workers
into the government-controlled health
exchanges and pay a penalty for NOT
insuring them.

Internal documents
recently reviewed by Fortune,
originally requested by Congress,
show what the bill's critics predicted,
and what its champions dreaded :

Many large companies
are examining a course that was
heretofore unthinkable, dumping the
health care coverage they provide to
their workers in exchange for paying
penalty fees to the government.

That would dismantle
the employer-based system
that has reigned since World War II.

It would also seem
to contradict President Obama's
statements that Americans who like
their current plans could keep them
http://blog.heritage.org/2010/05/10/side-effects-get-ready-to-lose-your-doctor/

The Commie Coups Against
Domestic Free Enterprise
http://blog.heritage.org/category/enterprise-and-free-markets/

The Communist Hell Care Coup
http://blog.heritage.org/category/health-care/

The Commie Energy and Environment Coup
http://blog.heritage.org/category/energy-and-environment/

Opposing The Commie
Coup Against The U.S.A.
http://blog.heritage.org/

Exposing
The Satanic Commie World Order
http://sovereigntysrealms.blogspot.com/

Expose Oppose Protest Resist Defy & Defeat :

The Anti Constitutional Anti Republic
Anti Capitalistic Unconstitutional Treasonous
Criminal Satanic Commie Hell Care Whores
& Satanic Globalist Commie Liberal Progressive
Stateist Corporate Unionist Ponzi Schemes,
Lies, Liars & Frauds