By: WillofLa

WillofLa — Tue, 06 Dec 2011 19:53:29 +0000

I’m hoping that Michele Bachmann wins the Presidential election because she knows all about this, and the others don’t know anything about how the Frank/Dodd bank bill came about. She worked on all the opposition against this monstrosity. It is outright stealing money from the banks. And where does the money go to that was held by all these banks? Probably to government appointed holding companies who are supposed to hang onto the money, bonds, savings, everything until some process can be written as to who gets what first and on down the line to pay off debtor’s and account holders. Usually the people who have their savings in those banks loose everything in the payout. But under Dodd/Frank, whatever, I don’t know if that is the way it’s supposed to be set up to deal with the debt the bank has.

Now, that was how it used to be done. How it’s being done now, I couldn’t honestly say. But, Michele is the only one who knows how and what to do to fix this right away. The others don’t, and haven’t even talked about what they would do, and Michele has. I don’t want some candidate who has no idea about banking and taxation and all that would imply if they were to take over as President come Jan. 2013. Let’s get behind the only person who has what it takes to turn this nation around. Michele Bachmann echo’s what the Heritage Foundation says is the solutions to America’s problems.

Comments on: U.S. Banks Being Taken Over Using Chavez-Style Manipulation

By: WillofLa