Saturday, September 19, 2009

Obama Says Financial Regulations Must Be Strengthened Globally

President Obama is now moving towards placing the United States under the control of an as yet unknown—and probably not yet created—international regulatory body.

Why is it that liberals do not feel that they can trust our own citizens to regulate our own businesses and banks? What is the appeal of “international organizations” to the liberal progressive? Sean Connery’s accent?

I find it unsettling that with the problems facing the United States and the ongoing heated debate over health care/insurance that the President is looking toward using external bodies to control the economy. Our problem is not from having too little government control, but too much. The free market, not additional regulation, is the answer.

But if you’re thinking that President Obama might change his mind then you’re not thinking clearly. The longer he’s in office the clearer it is that he is far to the left of where the nation thought he’d be once he got there. Despite the polls showing that the American people definitely do not want government control of health care and despite his falling personal poll numbers, he continues to press ahead. That is the attitude of an ideologue who views the electorate with disdain rather than a statesman who is responds to the wishes of the electorate.

1 comment:

Papa Bill said...

I believe that the Constitution is the framework for the rule of law and restricts the Federal Government's powers. This is why the Liberals work so hard to appoint judges to "interpret" the Constitution in ways the Founding Father's could never have imagined.

I believe that the original intent of the Founding Father's was very clear and centered around the preservation of personal freedom. The Constitution provides for the individual freedom necessary for the citizenry to have life, liberty and the ability to pursue happiness. It does not guarantee any of these, but allows us to have the freedom to pursue our individual dreams. The Federal Government's role is to ensure that we are protected from enemies while we do that.

We absolutely need to reform Congress in a manner to ensure that it becomes responsive to the people. Term limits may be a way to do that.

I will take a look at your website.

But who are you, "Foxwood?"