IÂ’d make a comment about the Obama RegimeÂ’s continued efforts to turn the US into a banana republic, but some on the Left might accuse me of calling Barry Hussein a chimp.

However, I suppose I am still on safe ground if I note that this is strikingly similar to the sort of legislation that Venezuelan thug-ocrat Hugo Chavez has gotten through his rubber-stamp legislature.

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.

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The administration plans to send legislation to Capitol Hill this week.

For crying out loud – is this still America? Where are the patriots ready to rise up and put a stop to government acting well outside its proper role as established by the Constitution? Have we as a people slipped so far from the principles that once made America the greatest, freest, most prosperous nation on earth that we are now willing to accept even this sort of insanity without a comment or word of protest?

Posted by: Greg at 11:49 AM | No Comments | Add Comment
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