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Thursday, January 14, 2010

Obama, intent on destroying the US, plunges ahead with his plan to wreck the economy!

Many banks were forced to take TARP money, many have already paid it back. Now that they are viable again he does this!

I think the plan is to kill off as many little banks, 140 in 2009, so as to strengthen the stranglehold the Fed and the international banking families have on the US, rather on the world, then crash the economy and declare martial law!

Obama tells banks: `We want our money back'

Jan 14

WASHINGTON (AP) - President Barack Obama said Thursday he wants to tax banks to recoup the public bailout of foundering firms at the height of the financial crisis. "We want our money back," he said.

In a brief appearance with advisers at the White House, Obama branded the latest round of bank bonuses as "obscene." But he said his goal was to prevent such excesses in the future, not to punish banks for past behavior.

It was an emphatic and populist tone for a president keenly aware of public antipathy toward Wall Street. With the sharp words, he also tried to deflect some of the growing skepticism aimed at his own economic policies as unemployment stubbornly hovers around 10 percent.

Obama said big banks had acted irresponsibility, taken reckless risk for short-term profits and plunged into a crisis of their own making. He cast the struggle ahead as one between the finance industry and average people.

12:40 PM US/Eastern
By JIM KUHNHENN
Associated Press Writer

Budget director Peter Orszag, right, looks on as President Barack Obama...


 

President Barack Obama announces a new fee on big banks to recover up to...


 

President Barack Obama announces a new fee on big banks to recover up to...




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