We have shown in this section of the indictment against the aberrant ideology known as the DNC that the Dodd-Frank affectionately known as the Dodd-Frankenstein Wall Street Reform Bill is anything but benign. What in effect it has done has allowed a new federal agency that does not have any oversight by Congress, is immune from administration by the President, nor the judiciary.

It is the creation of Senator Chris Dodd and Barney Frank in the House of Representatives, it was the brainchild of Elizabeth Warren when she was a Harvard professor, now Senator Warren.

It had the imprimatur of Obama which is explained by Rush Limbaugh in our first discussion of the congressional looting of the private sector. What in effect these two DNC scoundrels did during their time in so-called public service was to feather their own nests, Chris Dodd with below market rate interest on mortgages with a cozy relationship with a mortgage lender. Then Barney Frank with a relationship with the executive of Fannie Mae, who continually claimed the quasi government enterprise was not nor would ever be a danger to the nations economy, it was all lies as Fannie Mae and Freddy Mac led the nation into the financial crisis of 2008.

So what these two did was claim that Wall Street bankers led the worst recession due to their lax lending practices and needed regulatory reform so that “to big to fail” never happened again. The truth of the matter was quite different than their rhetoric since both were deeply in the pockets of the very industry and people that would be helped or hurt by this legislation. But ever the dutiful DNC acolytes, they never pass up a chance to stick it to corporate America who they see as greedy capitalists and so must be punished for their success. What came out of this legislative effort was a white wash of their efforts to personally profit from this looting of the private sector since the reasons for the 2008 recession was scrubbed of their involvement. By a series of regulatory structures that placed the entire financial sector under the governments control…

We are seeing a pattern here, the financial sector gobbled up, then health care then an expanded environmental protection agency as more and more actions required the auspices of the federal government capping that initiative off with the Waters of the USA scheme. What is so disturbing about about the creation of the Consumer Financial Protection Bureau is that the main thrust of the regulatory scheme was to say that financial services in this nation was a predatory industry and needed draconian governmental regulation. This fits with the aberrant DNC worldview that business is inherently greedy and will take advantage of the average American at a moments notice. When we break that down we realize that it is based on envy, that others are successful while others aren’t; this is a leading attribute of their ideology, to covet the success of others, then punish them.

What they fail to realize that unless their is an element of risk what is the point of placing a persons investment into a market where it has the possibility to increase in value. Without risk of failure what’s the point. If we use the DNC false perspective if loss occurs it was stolen by greedy profiteers or others that kept the poor investor in the dark about the money they placed at risk. Nowhere, is the individual mentioned that they are certainly capable of educating themselves about investing their own wealth. No, it is assumed that it was simply stolen by these DNC acolytes and everyone is just a victim with them cast as the savior. Sick to say the least. It is for all these reasons and so many more as we have shown that the DNC and their leaders, and former Obama officials must be prosecuted by the RICO statutes and disbanded and their leaders incarcerated. Contact Congress and demand this is accomplished at the earliest possible time.

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