Let's see what does the news media have to say about unemployment now and the economy? Oh yeah, they are stating that unemployment will rise even though the stimulus created a lot more jobs than what was believed.
What, unemployment is still high? Why is unemployment expected to rise? According to different money news and economic news experts on various news stations, many businesses and companies are cutting back to hold on to their money, since they are unable to get those loans and credit from the Banks and Credit Financial loan companies which was suppose to stimulate the economy with the help of that stimulus.
What? Didn't they get their stimulus money, the same stimulus money they suppose to use to stimulate the economy? And didn't they pay it all back with interest after getting totally out of the RED?
Of course they did. But it is an election year.
The Democrats did dare to pass that Financial Reform Bill earlier this summer. And since it is an election year, the Banks and Credit Financial Loan Companies are mad as heck at the Democrats for passing that Financial Reform bill. So as a form of protest the Banks, Credit Finanical Loan Companies along with Wall Street Companies and Insurance Corporations have all backed the Republican 'Just-Say-Hell-NO-Party' in hoping that the Republicans will go in and Reverse that Financial Reform Bill. They are angry and are funding the Republican's message which has duped so many Americans into believing that Reversing the Financial Reform Bill is good for them.
So in their form of protest, the Banks and Credit Financial Loan companies, have held back those loans and credits for most businesses, thus helping to EXTEND the unemployment situation while creating more unemployment to get voters behind the Republicans. Yep those Banks, Credit Financial Loan Companies, Wall Street and Republicans are teaching the average Middle Class American a lesson in economics alright.
They are teaching us that we, the Average Middle Class American, need not apply for the right to expect them, the Banks - Credit Financial Loan Companies - Wall Street, to play by the rules and regulations in any Financial Reform Bill, because with the help of Republicans, they the Banks - Credit Financial Loan companies - Wall Street, will always have their way.
So go ahead and vote Republican in November and just watch how the Republicans get the Banks, Credit Financial Loan Companies, Wall Street off the hook for what they did in the pass while Republicans allow them to do as they please again so they can go back to destroying our economy.
While the Republicans controlled the Senate and Congress their decisions have always favored with the Banks, Financial companies and Wall Street Companies. In 1999 Republican Senate and Republican Congress passed the Gramm-Leach-Bliley Act which allowed for the first time since 1933 the commercial Banks, Investment Banks, Securities Firms, and Insurance Companies to consolidate.
Well the Act was passed in 1999. But in 1998 Citibank and Smith Barney and Primerica and Travelers had already consolidated before that bill was passed making their merger a violation of both the Glass-Steagall Act of 1933 and the Bank Holding Company Act of 1956. So the Republican Senate and Republican Congress Bill of the Gramm-Leach-Bliley Act had a notation of back tracking the bill one year to make the Consolidation of the bank company, securities company, and the insurance company merger forming the Citicorp Corporation of 1998 legal thus protecting Citibank and Smith Barney and Primerica and Travelers from being prosecuted for any violations. Because of the Republican 1999 Act that allowed the merger from the previous year the Republican's Gramm-Leach-Bliley Act became known as the Financial Services Industry bill.
The Banks, Credit companies, Loan Companies, Insurance companies and Wall Street can always count on Republicans to sell their souls to the highest bidder. And you can bet that the Banks, credit companies, loan companies, insurance companies and wall street companies are all happy that the Republicans are very good at convincing the Average Middle Class American Citizens that it is the unemployed and the Police Officers and the Fire Departments and the Teachers in our country who should be considered the Special Interests Groups.
So will you be duped into voting for Republicans who work tirelessly against the Average Middle Class American Workers and their families? If you dare vote Republican, you definitely have been duped!
