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GOVERNMENT VS. WALL ST.: Feds Feeling Oats Without Strong GOP, Tea Party Opposition (Craig R. Smith is in PDT)
Amidst the restlessness of the Tea Party movement, completely freaked out and angry about the rapid growth of government and its intrusion into the private sector, one area where Washington liberals may see less pushback from the American electorate is in the area of financial reform. Especially now.
Already mobilized in large part for being on the hook in recent bank bailout deals and corporate welfare schemes, Main Street taxpayers are now irate over hearing that an investment fraud maneuver cooked up by banking giant Goldman Sachs may be the catalyst responsible for the 2008 economic collapse in the first place—this according to a lawsuit recently filed against Goldman by the Securities Exchange Commission (SEC).
Even the Republicans are easing off the pressure to oppose any Congressional bill on the subject of financial reform. Although, it is more of a sign they want to change, not stonewall, the financial overhaul package put together in March.
Nonetheless, here’s the bittersweet notion put before the American people: Financial reform? Absolutely. But under the leadership of the Obama-Reid-Pelosi machine? That’s frightening—particularly given their obnoxious push into the private sector already. After healthcare, there’s no telling how far they may try to go if, this time around, they don’t have to climb over the Tea Partiers to sneak in some radical agenda.
So, how far is too far? What should Congress realistically do to reel in the Wall Street nonsense so threatening to our nation’s economic stability, without drifting too far into socializing the financial sector and completely choking our free market? And, in the meantime, how does the SEC v. Goldman case stand to impact our extremely fragile recovery?
For a fascinating insight into these and other aspects of this monster legal cage match gearing up between the U.S. government and the banking giants, call Special Guests right away to schedule an interview with economic expert—the CEO of Swiss America— Craig R. Smith.
During your show, Smith will offer, FREE, Swiss America’s latest Special Report, The Incredible Shrinking Dollar: How to Fight Back, along with his company’s Gold 101 DVD. They’re both available just by calling 800-289-2646.
THE FOLLOWING ARTICLE MAY BE USEFUL FOR SHOW PREP:
http://www.latimes.com/news/nationworld/nation/la-na-financial-reform-20100421,0,7816153.story
ABOUT YOUR EXPERT GUEST CRAIG R. SMITH:
Craig R. Smith is an author, commentator and popular media guest because he instantly engages audiences with his common-sense analyses of local, national and global trends. Serving as CEO of Swiss America for more than 25 years, Craig understands that Americans want solid answers to the tough questions and that real leadership begins with servanthood. Craig's most recent book is Black Gold Stranglehold: The Myth of Scarcity and the Politics of Oil, which he co-authored with WND columnist Jerome R. Corsi.
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