The New Media Militia

It purposefully over-regulates the private loan and banking industry to force people in to the unregulated government loan monopoly—a major cause of the first mortgage bubble which created the current economy and which continues apace towards a more destructive future, untouched by this legislation.  Smaller banks and lenders will not be able to meet the burdensome liquidity requirements making it harder to make loans.  This is deliberate.  It allows them to control as much lending as possible at the federal level.

The bill has already saved some jobs though Carol never brings that up.  Hundreds of professional banking lobbyists for all the major Wall Street Firms will be working with regulators to craft the rules needed to turn the 2400 page bill into actionable law.  Carol didn’t read it, not that she’d understand it, she just passed it.  The details do not concern her.

It empowers an unelected government board within Tim Geithner’s Fed to shut down any company that does business with a consumer where debt or risk can be considered a factor.  Carol didn’t mention that the “Consumer Protection Agency” will be overseen by Tax-Cheat Timmy Geithner and the Fed?  She probably didn’t know.  But again, details.  Not her concern.

 

I don’t suppose she explained how she just voted for a 50 Billion dollar permanent TARP-like Bailout fund for Geithner to manage either?  No?  We’ll it’s in there.  It removes congressional oversight (I’m sorry–responsibility) for having to publicly lie, I mean vote, I mean deem any more big dollar bail outs.  They are built into the legislation.  The executive branch and its fiscal entities can now bail out anyone they want without taxpayers ever really needing to know.  That means government has the power to bailout any business they like, and close up or let die any business they do not like.  That’s a power you want your government to have isn’t it?

It also forces gender and minority hiring mandates and all the extra costs associated with them on just about everyone who might have business with the banking industry.  Who might not be affected is a mystery to be unraveled by unelected regulators.

It empowers activist groups by giving them federal dollars to act as “watchdogs.”  Translation—your tax dollars pay for community organizers and grievance mongers to drive up costs with endless lawsuits and the abuse of pressure politics to advance their agenda and to find businesses for the regulators to shut down.

Unions make out quite well.  (Very likely Carol’s motivation for supporting it—right after “Nancy said so.”)  They are one of the groups empowered by bail outs to find those un-American businesses and report them.

It gets worse but let’s save some for later.

So what we actually have here is a massive intimidation effort, run by a tax cheat, taking cues from liberal special interests, written by Wall Street lobbyists, that comes with a  50 Billion built in bail-out fund,  so politicians and bureaucrats can pick winners and losers  and intimidate anyone they want under the guise of ‘consumer protection.’

Thank Carol come November by introducing her back into the private sector where she can learn to live with what she hath wrought.

 

 

Additional Resources: WT,  Heritage, CATO

http://granitegrok.com/blog/2010/07/carol_onfinancial_reform.html

Independent voices might have some expectation of doing independent things.  Things like reading legislation or accessing resources outside the ones the people desperately selling a bill want you to stick to.  That kind of open mindedness would go a long way to demonstrating integrity and responsibility.  Or you could be Carol Shea Porter. 

Carol sold Health Care reform as instructed.  She shifted gears as instructed, spun when asked, and followed the talking points all the way to the bitter end like a clumsy dancer following on the fly choreography.

But now that the reality of what she has done is upon us, it sure would have been nice to have an independent voice instead Carol Shea-Porter.

Carol was told Health Care Reform would lower the deficit.  After they passed it CBO said it would raise the deficit.  But don’t worry.  She was only off by about 400 billion.

We get taxes now.  Lot of them. Job killing, economy destroying taxes.  No new jobs like you were told Carol, fewer jobs.

Carol was told you would get to keep your insurance if you wanted to and that premium savings were a boon to the economy.  Turns out premiums are going up, and going up so much and so quickly that millions of current policy holders will lose their coverage and be forced out before the plan even takes affect and into the government plan once it is.  That’s not keeping your insurance if you want to. 

(Maybe we should stand them up on a stage like political props and go “look!  These poor folks have suffered so much at the hands of Carol-care…”  Where have I seen that kind of theater before?)

Carol was told that there would finally be risk pools for people with pre-existing conditions.  But the rules may only allow 200,000 people nationally into “the” risk pool. Only 200,000? And you have to be without insurance for six months before you apply.  You want to tell me again why the states and the free market could not have done this better?  You don’t know do you Carol.

Veterans and the handicapped will be paying even more for prosthetics because of a huge new tax imposed by Carol.

Not that Carol gives a damn (Carol rakes in a load of abortion lobby cash) but Obamacare will fund abortions, no surprise to anyone who didn’t have their head up the “Mule” of health Care “reform.”

No to death panels and rationing she was told, but yes to Berwick the crowned prince of “rationing.”  As the rationing Czar in the Obama shadow cabinet, Berwick will be free to realize his fantasies with little or no objection from any democrat run congress because rationing is the only way to cut costs in a system like that and ration they shall.   That means fewer tests, less treatments for older American’s, and maybe just a pain pill until you die.  Was it sold as ‘suck it up’ care?  I don’t think it was.

Carol said it would insure just about everyone, yet looking just nine years into the future we can still expect tens of millions of people will remain uninsured taking the universal out of universal coverage.  New definition.  Not new for democrats.

The rules are so complex–probably tens of thousands of pages more than the actual bill–that no one knows or will know how to respond.  The industry is in shock, frozen in place, waiting to see what hoops they will need to jump through.  And since many of the provisions are at the will and whim of the Minister of Health, they may never know.  This is increasing costs and driving people out of the insurance and healthcare industry.  That will affect access.  Didn’t Carol and her hooligan friends say this would improve access?  Wrong again.

Carol has made it more expensive for younger people to buy and pay for insurance because these are the people who will bear the burden of the 700 billion in new taxes needed to fund this pig in just the first ten years on top of premium increases.  And staying on mom and dad’s insurance is not less expensive.  And these are costs that will depress wages, employment and growth.  And older people will have fewer options and benefits, most of them trapped in Carol’s declining federal health system with less benefits and more paperwork–and as always more reliance on the incompetents in government. 

So it doesn’t lower the deficit,  you probably can’t keep your insurance, premiums are still going to go up, they managed to screw up the risk pool, it funds abortions, millions remain uninsured, rationing will be required, it will cost more to do less, less access and fewer choices, and it will cost jobs and economic growth.

That’s Carol Care.  She said what she was told to say, voted the way she was told to vote, and you get screwed. 

 

Resources: CATO, Senate Report

http://granitegrok.com/blog/2010/07/carolcare.html

Two Of A Kind

John Lynch has a lot in common with governor Chet Culver of Ohio.  Chet said he would protect marriage as between a man and a woman and then Chet got all squishy.  Then he stood by and let the courts define marriage for him.

Want to know some other interesting coincidences?  Chet was receiving money from Tim Gill while he was saying he’d defend traditional marriage.  Another familiar donor Ohio and New Hampshire share is Jon Stryker.

Chet Culver was one of the four Governors invited to Tim Gill’s secret donor confab in Chicago, just like John Lynch.  I don’t know if Chet gave a speech, or if he was just there to beg for money, and help John and Tim with Governor O’Malley of Maryland’s conversion to the church of I used to be for protecting marriage but I got bought out by the gay lobby.

By the way Governor.  Where’s the speech?  It’s still not on your press page?

What exactly are you hiding from New Hampshire?

http://granitegrok.com/blog/2010/07/two_of_a_kind.html

Carol Shea Porter…On Veterans

Carol Shea-Porter has always claimed to have some kind of commitment to the troops.  And you don’t have to look far to find some suitable rhetoric on veterans either.  But when CSP voted to maul health care, and then later deemed it passed so she wouldn’t actually have to go on the record again supporting something a majority of American’s were against, her “commitment” redefined itself in terms every liberal has got to love.  She passed a tax on prosthetic limbs designed to raise 20 billion on the arms and legs of the handicapped, many of whom were destined to be war veterans.

 

Nice job Carol. Way to support the troops.

 

Maybe next time you should actually read the bill first instead of just doing whatever the leadership tells you to do. Of course, you wouldn’t be Carol Shea-Porter then would you?

http://granitegrok.com/blog/2010/07/carol_shea_porteron_veterans.html

Shabazz!

http://granitegrok.com/blog/2010/07/shabazz.html