Janskeet said:
After watching the entirety of "The Obama Deception" I can say that most of it was crap. I do agree with the movie on some things like Obama's decisions on the current banking crisis. I do beleive it was engineered and Obama should've put a stop to the bail-outs, but I don't know if he has the power to do that.

If it was engineered, then it was engineered by Democrats after 2006. As I said in a previous post, Barney Frank is on video saying that Fannie Mae and Freddie Mac were doing fine and that was months before the government took them over. Of course both Republicans and Democrats are to blame for the current mess. Alan Greenspan deserves a lot of the blame for keeping rates so low that so many people who couldn't afford to buy homes were able to.

http://www.wsws.org/articles/2009/apr2009/obam-a15.shtml

That was 5 days ago. It seems to me that Obama doesn't want to stop the bailouts. He's even preventing some of the banks from giving the money back by trying to convert the TARP money into equity investments. That would give the government even more control than they already have. That's why the banks are in such a rush to pay that money back. They've seen what happened with GMs CEO getting fired and they don't want that happening to them.

Obama said that more "transparency and accountability" may be necessary this past weekend at a news conference after the summit of the Americas. That was in answer to a question on whether or not bank CEOs and other executives may be asked to leave if the banks don't start to improve. That sounds to me like he'll have no problem firing more CEOs. That, to me, is a very scary situation. The President and the government should not be deciding who wins and who loses. When they start doing that, they aren't going to stop at the banks.