October 22, 2009

At Last, Just What We Need...

Hatched by Dafydd

Let us take inventory of the last nine months (only as long as it takes to bring a baby into the world):

  • Our president is driving the Crazy Train to national bankruptcy.
  • He's hunting high and low for a way to lose two wars.
  • He's appeasing our enemies and alienating our allies.
  • He has as much as accepted Iran and North Korea building nuclear arsenals.
  • Russia may be on the brink of resurrecting the Soviet Union, reconquering many of the countries whose liberty was the hard-fought victory of Ronald Reagan.
  • Our Congress is scheming to take over the entire health-care system and ultimately transform it to single payer, using the British National Health Service as its model.
  • Liberal Democrats are desperately trying to enact a stealth $3.6 trillion tax on all energy use, hoping to cripple American industry and the economy.
  • The entire Left is trying to sneak gay marriage in through the back door.
  • They're poised to grant full-blown amnesty -- not a plea bargain, as Bush proposed, but actual amnesty -- to millions and millions of illegal aliens.
  • We may be about to see the American dollar dropped as the world's reserve currency.

But at least Democrats have found the key to everything, the most important thing they can do to restore the greatness of America, in the face of the imminent collapse of everything unique and wonderful about our country:

The House Financial Services Committee voted Thursday to create a federal agency devoted to protecting consumers from predatory lending, abusive overdraft fees and unfair rate hikes....

The legislation has been the target of an aggressive multimillion-dollar lobbying campaign by the financial industry, which contends that the agency would have dangerously broad reach.

Thursday's vote indicates that Democrats were willing to shrug off those concerns and are likely to pass the bill on the floor by the end of the year.

President Barack Obama said the vote "sends an important signal to the American people that we will not stand by and allow big financial firms and their lobbyists to mobilize against change."

Well thank goodness for the return of sanity! Everyone knows that when trouble threatens and the future seems dim, there is always a solution: Create a new federal agency.

Why didn't I think of that?

I wasn't going to cross-post this on Hot Air's rogues' gallery; but then I thought, Why not give hoi polloi the gift of my genius to brighten up their otherwise dreary lives...?

Hatched by Dafydd on this day, October 22, 2009, at the time of 1:24 PM

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Comments

The following hissed in response by: Dick E

Dafydd-

The question you have asked frequently of late is the same one that ran through many Bush-weary voters’ minds last November: What could go wrong?

Your post provides the first installment of the answer.

The above hissed in response by: Dick E [TypeKey Profile Page] at October 22, 2009 5:31 PM

The following hissed in response by: GW

It is a bit more insidious then merely the creation of a new federal agency. That agency is charged with a signigicant expansion of the Community Reinvestment Act - the one at the very center of our current financial mess. It is an expansion of affirmative action in the financial sector of the ilk held unconstitutional in the employment context a few months ago. Like cap and trade and health care, it is yet another Obama proposal that, standing alone, threatens dire consequences for the America we once knew.

The above hissed in response by: GW [TypeKey Profile Page] at October 22, 2009 8:08 PM

The following hissed in response by: BlueNight

The four-year-plan is well underway, comrades. Soon the Federal Lending Authority will be able to make private loans a matter of public interest, and then we can crush the empire once and for all! We have a chance, right now, to strike at the heart of capitalism.

(Don't you get it yet, Barry? YOU are Tyler Durden!)

The above hissed in response by: BlueNight [TypeKey Profile Page] at October 23, 2009 12:45 AM

The following hissed in response by: Dafydd ab Hugh

GW:

Your comment would have been a great place to put a link to your analysis of the new agency and its relation to the CRA. Oh, wait -- you haven't posted in two and a half months. (Or if you have, it's been at your double-secret probation page, and I never got the memo.)

Come on, dude, we need Wolf Howling back!

Dafydd

The above hissed in response by: Dafydd ab Hugh [TypeKey Profile Page] at October 23, 2009 2:46 AM

The following hissed in response by: cdor

Agreed, Dayfydd, I have missed GW as well. I didn't want to be nosey, so I didn't inquire. If you check back here, I hope all is well with the Wolf Howling family and yourself, GW.

The above hissed in response by: cdor [TypeKey Profile Page] at October 23, 2009 3:42 PM

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