ACTION ALERT!!!! GOVERNMENT TAKE OVER OF OUR FINANCIAL SYSTEM

Barney Frank has introduced the "Financial Services Gov't Take Over Bill" last week after the members of congress left town. This is one they are trying to "slip by" while we're busy with the holidays.

This is WORSE for the United States than Health Reform and Cap and Trade!

Here are some Cliff Notes from Michelle Bachmann:

Government Financial Take Over: Government will ration credit, government will decide who get's capital and who doesn't.

This bill makes Bail Out's permanent and gives the Prez (and his Czar)the authority to make bailouts to any company-without approval from Congress.

Massive Job Killer: We will lose about 1 million jobs with this bill.

A Five Member Panel which includes the head of ACORN!