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Showing posts with label Financial Bill. Show all posts
Showing posts with label Financial Bill. Show all posts

Friday, April 30, 2010

Health Freedom Alert: Congressman Waxman Sneaks Anti-Vitamin Amendment into Wall Street Reform Bill


Of all the sneaky tactics practiced in Washington D.C., this recent action by Congressman Henry Waxman (D-CA) is one of the most insidious: While no one was looking, he injected amendment language into the Wall Street Reform and Consumer Protection Act of 2009 (H.R. 4173) that would expand the powers of the FTC (not the FDA, but the FTC) to terrorize nutritional supplement companies by greatly expanding the power of the FTC to make its own laws that target dietary supplement companies.

This is a little-known secret about the FTC and the nutritional supplements business: The FTC routinely targets nutritional supplement companies that are merely telling the truth about their products. Some companies are threatened by merely linking to published scientific studies about their products.'

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Saturday, January 09, 2010

Michele Bachmann Warns: 'Financial Bill Worse Than Healthcare Measure'

“I know that’s hard to believe, but it is worse in the sense that every American makes financial transactions,” said Michele Bachmann, who represents the people of Minnesota’s Sixth Congressional District. “We all use credit cards, we all write checks. This will all now be controlled by government, and government will ration credit. You can’t have capitalism without capital, and government will decide who gets capital and who doesn’t.”

“The entirety of this bill — all pinned together like this — hasn’t even gone through committees,” Bachmann said. “It just went on the floor for three hours of debate. It’s a complete government control of the financial services industry and no one knows about it!” '

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