Thread: Obama`s threat is not socialism. It`s outright tyranny!

See: U.S. seeks expanded power to seize firms

WASHINGTON - The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document…. The Treasury secretary, a member of the president's Cabinet, would exercise the new powers in consultation with the White House, the Federal Reserve and other regulators, according to the document.

Please note the definition of tyranny taken from my Bouvier‘s Law Dictionary, Students Edition, 1929:

TYRANNY

The violation of those laws which regulate the division and the exercises of the sovereign power of the state. It is a violation of its constitution.

Those who associate Obama’s power grabs [a lust for federal spending and control over state established public schools, the people’s health care needs, banking, etc.,] with “socialismâ€

Well look at this! U.S. Rep. Paul Kanjorski approves trashing our Constitution and Obama administration exercising tyrannical powers.


SEE: Lawmaker backs more power for Treasury Secretary


JWK


" I believe that there are more instances of the abridgement of the freedom of the people by gradual and silent encroachment of those in power than by violent and sudden usurpations." ___ Madison Elliot`s Debates, vol. III, page 87