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<a href="http://www.accessmylibrary.com/coms2/summary_0286-38082496_ITM" title="Facts and information about Titanic treasury takeover: the Treasury Department's "framework for regulatory reform" is actually a plan for the most massive federal power grab since the New Deal.(ECONOMY)">Titanic treasury takeover: the Treasury Department's "framework for regulatory reform" is actually a plan for the most massive federal power grab since the New Deal.(ECONOMY)</a>
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Titanic treasury takeover: the Treasury Department's "framework for regulatory reform" is actually a plan for the most massive federal power grab since the New Deal.(ECONOMY)
[ILLUSTRATION OMITTED]
It's official: the Obama administration intends to nationalize the entire financial sector. If there were any lingering doubts as to the intentions of President Barack Obama and Treasury Secretary Timothy Geithner, they were dispelled by an announcement on March 26 detailing the Treasury Department's new "framework for regulatory reform."
"Regulatory reform" is a favorite Beltway euphemism for bigger, more expensive, and more intrusive government. The new Treasury plan should be styled more accurately "Blueprint for a massive new federal power grab," because that's precisely what it is. Such power grabs are usually accomplished ...
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