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TIME IS RUNNING OUT!!!!!

 
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User ID: 841222
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12/16/2009 07:42 PM
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TIME IS RUNNING OUT!!!!!
TIME IS RUNNING OUT!!!!!

Health Care Bills: Require that most Americans have a minimum level of health insurance or else pay a penalty. House bill penalty: Tax equal to 2.5 percent of adjusted gross income over certain thresholds ($9,350 for individuals, $18,700 for couples). Senate bill penalty: Starts at $95 a year per person in 2014 and rises to $350 in 2015 and $750 in 2016, with a maximum of $2,250 for a family. No penalty if the cost of cheapest available plan exceeds 8 percent of household income.

H.R. 2454: American Clean Energy and Security Act of 2009

H.R. 2454, the "Cap and Trade" Bill that has passed the House of Representatives and is being considered by the Senate, will require you to obtain a License to sell your house. Beginning 1 year after enactment of the Cap and Trade Act, you won't be able to sell your home unless you retrofit it to comply with the energy and water efficiency standards of this Act. H.R. 2454, the "Cap & Trade" bill. No one is excluded. Even pre-fabricated homes (mobile homes) are included.

In effect, this bill prevents you from selling your home without the permission of the EPA administrator. To get this permission, you will have to have the energy efficiency of your home measured. Then the government will tell you what your new energy efficiency requirement is and you will be forced to make modifications to your home under the retrofit provisions of this Act to comply with the new energy and water efficiency requirements. Then you will have to get your home measured again and get a license (called a "label" in the Act) that must be posted on your property to show what your efficiency rating is; sort of like the Energy Star efficiency rating label on your refrigerator or air conditioner. If you don't get a high enough rating, you can't sell.

And, the EPA administrator is authorized to raise the standards every year, even above the automatic energy efficiency increases built into the Act. The EPA administrator, appointed by the President, will run the Cap & Trade program (AKA the "American Clean Energy and Security Act of 2009") and is authorized to make any future changes to the regulations and standards he alone determines to be in the government's best interest. Requirements are set low initialy so the bill will pass Congress; then the Administrator can set much tougher new standards every year.

H.R. 4173 "The Wall Street Reform and Consumer Protection Act of 2009", is the "Banking Reform" Bill that has passed the House of Representatives and is being considered by the Senate.

We all use credit cards, we all write checks. If H.R. 4173 becomes law, this and more will be controlled by government, and government will ration credit. You can’t have capitalism without capital, and government will decide who gets capital and who doesn’t. The bill (1,279 pages with 1,500 with amendments), is actually a package of several bills, which when pinned together, exponentially extends the power of the federal government over banks, credit unions, and other financial institutions. Despite a surprisingly unanimous Republican opposition, the House approved H.R. 4173. The vote was 223-202, with not a single Republican voting in favor and 27 Democrats voting No.

H.R. 4173 is now in the Senate, and if passed there and signed into law would usher in what CNN describes as “the most sweeping set of changes to the banking regulatory system since the New Deal.” The changes include creation of a Consumer Financial Protection Agency (CFPA) to (Title IV), with authority to make decisions for consumers about the kinds of mortgages, small business loans and other financial products they may access. Another innovation is a new bureaucracy called the Financial Services Oversight Council (FSOC) tasked with determining which companies are supposedly at risk and could undermine financial market stability (Title I, Subtitle G).

Rep. Jeb Hensarling from Dallas, the top Republican on the Financial Institutions and Consumer Credit Subcommittee of the House Financial Services Committee and an outspoken critic of government super-spending, blasted the measure as “an assault on the fundamental economic liberties of the American citizen.” “You want a home mortgage, now you have to get the approval of the federal government,” Hensarling exclaimed. “You want to offer a credit product? The federal government again. You build a successful business -- it can be torn down unless you go to the federal government on bended knee." Although H.R. 4173 was kept out-of-sight, once unveiled critics quickly analyzed its provisions and sent letters to House members urging rejection, which may account for the universal thumbs-down by Republican lawmakers and some Democrats.

The bill raises taxes in order to provide a permanent, $150 billion slush fund to the newly created Financial Services Oversight Council, whose bureaucrats could bail out private institutions at their whims. The American people have been outraged by the failures of the Troubled Asset Relief Program (TARP), and yet H.R. 4173 would establish a ‘mini-TARP’ which could potentially have even less accountability and greater moral hazard. According to Congresswoman Michele Bachmann, who represents the people of Minnesota’s Sixth Congressional District, the bill makes bailout permanent and gives the president the authority to make future bailouts at his own discretion. “He never again has to come back to Congress to get money,” she said. “He can just go straight to the Treasury, pull out all the money he wants for a favored industry. ... His credit czar could place a private business on the systemic risk list (it doesn’t have to be a failing business, could be a healthy business), and the president can bail out anyone that he wants to.”

Bachmann noted that the financial services sector represents 15 percent of the nation’s economy, and some analysts have estimated that since Obama took office, 30 percent of the economy has been brought under federal control and essentially nationalized. If President Obama gets his way and has government take over healthcare, that’s another 18 percent: for a toatl of 48 percent of the economy the government will have taken over. If they succeed in passing H.R. 4173, and if they succeed in taking over the energy sector with the national energy tax, that’s 69 to 70 percent of the economy the democrats will have taken over in less than 18 months.

(credit: info on HR4173 - Sarah Foster - MICHELE BACHMANN WARNS: “FINANCIAL BILL WORSE THAN HEALTHCARE MEASURE” -
[link to www.newswithviews.com]

This is the END (the last nail in the coffin) of the Constitutional Republic of the United States!!!!! They are going for broke, taking it all in one big grab for power.

You must buy the government's health insurance, or be fined or jailed: you must get a government license before you can sell your home: you must get government approval before you can get a home mortgage or a loan.

How much more of this Tyranny are the people of this country going to stand for?

I believe that the NH State Constitution, Bill of Rights, Article 10 [Right of Revolution] says it best: "Government being instituted for the common benefit, protection, and security, of the whole community, and not for the private interest or emolument of any one man, family, or class of men; therefore, whenever the ends of government are perverted, and public liberty manifestly endangered, and all other means of redress are ineffectual, the people may, and of right ought to reform the old, or establish a new government. The doctrine of nonresistance against arbitrary power, and oppression, is absurd, slavish, and destructive of the good and happiness of mankind" (June 2, l784).

"Live Free Or Die; Death Is Not The Worst Of Evils."
It is time to awaken to your real purpose. It is all up to you.
Anonymous Coward
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12/17/2009 01:57 AM
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Re: TIME IS RUNNING OUT!!!!!
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