President Obama: Stresses the Inevitability of the Custodianization of Canada’s Financial Institutions and Other Macro Reform Initiatives
© 2010 Brad Kempo B.A. LL.B.
Barrister & Solicitor
With irrefutable proof of having turned the Vancouver 2010 Winter Games into the Evil-ympics (1, 2) – another instance of Satanic worship being at the heart of Canada’s political and corporate culture – the President and the team he assembled to deal with U.S. banks used the press conference the day after posting of the supplementals on topic to underscore the coalition’s intention of custodianizing Canada’s financial institutions.*
* Documentations of that threat and related supplementals 1, 2, 3, 4, 5, 6, 7, 8, 9
The decision had already been made and if there were any dissenters among the ranks of the Custodian-in-Council’s leadership about that extreme measure it dissipated upon discovery that Canada’s wealthiest family, the Thomsons, and a behemoth corporation, Bell, had bragged about turned the Winter Games into a platform for the country’s evil worshipping cult. So appalled at the audacity of the Chinada High Command, the President and the Vice-President used the podium to once again and as firmly underscore the partnership’s intention to seize control of banks and other major institutions which refuse to cooperate in forcing malfeasant parties into insolvency so they can no longer continue violating domestic and international law.
[But recovering bailout money] is not all we have to do. We have to enact common sense reforms [2:14: Biden: q-Cl.M.] that will protect American taxpayers and the American economy from future crises as well.
[The proposed reforms] are central to the legislation that is passed the House under the leadership of Chairman Barney Frank and we're working to pass under the leadership of Chairman Chris Dodd. [3:40: Biden: Cl.M.] As part of these efforts I am proposing two additional reforms that I believe will strengthen the financial system while preventing future crises. First, we should no longer allow banks to stray too far from their central mission of serving their customers.
If financial firms want to trade for profit that's something they're free to do. Indeed, doing so responsibly is a good thing for the markets and the economy. But these firms should not be allowed to run these hedge funds and equity funds while [6:04: O-S M.] running a bank backed by the American people.
Now, we've come through a terrible crisis. [7:48: Biden: Erin M.] The American people have paid a very high price. We simply cannot return to business as usual.
View video [8:38 a.m. 8:31 runtime*]
* Taylor Identifier
The President used this last phrase intentionally. As was stated in Part II of How the Coalition Reacted to the Discovery that Dogville is Hosting the ‘Evil-ympics’; and The Thomson Corporation Proves Once Again its Complicity and Loyalty to the Chinada Agenda:
[T]he treatise audience [was reminded] of what the arrogant former Premier of Alberta contributed, as documented in Submission One (Is it ‘Business as Usual’ in a Fiefdom Province With the Second Largest Elephant in the World?). The phrase ‘business as usual’ entered the lexicon and has been used on occasion to draw attention to the refusal of Canada’s rich, powerful and Chinese to amend their behavior to be in compliance with domestic and international law. For not doing so after years of diplomacy, they can expect the harshest of consequences.
Just under three hours after the press conference and during a CNBC interview at 11:20 a.m. ET Congress’ Financial Services Committee Chairman Barney Frank, who was in attendance at the press conference as part of the White House team, wasted no time articulating what the consensus was amongst its members. His interaction with the China High Command began with the gesture that mimics a gun to the forehead [@ 0:27]. While he employed the lexicon a few minutes later, this was the defining communiqué of the interview.
