Since when does "no more bailouts" for Wall Street equal a $50 permanent Wall Street bailout fund? Since Obama reads it off a teleprompter. Dang, how long does he think he can keep this charade going?
See the original item posted on GOP.Com here.
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RNC RELEASES NEW WEB VIDEO “FINANCIAL REGULATION FUNHOUSE”
Posted by: John Cummins
WASHINGTON – The Republican National Committee (RNC) announced a new web video today on financial regulation. The web video, entitled “Financial Regulation Funhouse,” can be viewed here.
"In a desperate attempt to create a political weapon to use against Republicans, President Obama has tried to shut down bipartisan negotiations on financial reform in order to push partisan legislation that will only continue bailouts for big banks and make "too-big-to-fail" the law of the land. President Obama's tough rhetoric against financial institutions is just a smokescreen for the millions of dollars he and Congressional Democrats took from big banks and a bill that makes American taxpayers pay for bad decisions made by Wall Street and Washington. President Obama and Congressional Democrats need to stop this political circus and start listening to the American people by working with Republicans to strengthen and reform existing legislation to protect taxpayers and maintain a free market economy.” – RNC Chairman Michael Steele
“FINANCIAL REGULATION FUNHOUSE” WEB VIDEO TEXT
TIME: 01:27
VOICE: “Step right up, step right up.”
CHYRON: STEP RIGHT UP! STEP RIGHT UP!
VOICE: “Enter the wacky world of Obama's Financial Regulation Funhouse.”
CHYRON: OBAMA’S FINANCIAL FUNHOUSE
VOICE: “A land of Illusion, where things aren’t what they seem to be.”
PRESIDENT OBAMA: “This is reform that will force banks and financial institutions to pay for bad decisions that they make and not have taxpayers pay for those bad decisions and that means no more bailouts.”
VOICE: “Journey through our mesmerizing mirror maze to reveal the truth: President Obama’s bill rewards Wall Street with a $50 billion permanent bailout fund.”
CHYRON: $50 BILLION PERMANENT BAILOUT FUND
VOICE: “Watch out for the trap door of taxpayer doom.”
CHYRON: TRAP DOOR OF TAXPAYER DOOM
VOICE: “Under this bill, the debt of Wall Street banks is guaranteed…guaranteed to be paid by the American taxpayers.”
CHYRON: PUTS WALL STREET DEBT ON THE BACK OF TAXPAYERS
SPEAKER PELOSI: “We sent a message to Wall Street: the party is over.”
VOICE: “For President Obama, the party on Wall Street has just begun. He’s accepted over $24 million from big banks and financial institutions.”
CHYRON: THE PARTY ON WALL STREET HAS JUST BEGUN
CHYRON: HE’S ACCEPTED OVER $24 MILLION FROM BIG BANKS
VOICE: “That’s why at Obama's Financial Funhouse, ‘too big to fail’ becomes the law of the land for Wall Street banks.”
CHYRON: TOO BIG TO FAIL IS THE LAW OF THE LAND
VOICE: “So come one, come all.”
CHYRON: COME ONE! COME ALL!
VOICE: “Propping up Wall Street is what Obama does, and Obama does it well.”
CHYRON: OBAMA DOES IT WELL
VOICE: “Visit GOP.com to find out more.”
CHYRON: FIND OUT MORE AT: GOP.COM
Onscreen Disclaimer: PAID FOR BY THE REPUBLICAN NATIONAL COMMITTEE NOT AUTHORIZED BY ANY CANDIDATE OR CANDIDATE’S COMMITTEE WWW.GOP.COM
