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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Final Copenhagen Text Includes Global Transaction Tax

The final Copenhagen draft agreement which was hammered out in the early hours of Friday morning includes provisions for a global tax on financial transactions that will be paid directly to the World Bank, as President Obama prepares to bypass Congress by approving a massive transfer of wealth from America into globalist hands.

As Lord Monckton, Alex Jones and others warned, the notion that the globalists would achieve nothing at Copenhagen has likely been a ruse all along. The elite look set to ram through the lion’s share of their agenda, which would include a massive global government tax at a cost of at least $3,000 a year for American families already laboring under a devastating recession, double digit unemployment and a reduction in living standards.

Hillary Clinton arrived yesterday to rally global leaders around a resolution and Barack Obama is set to be portrayed as the savior of the world by rescuing what was pitched all along as a conference doomed to fail.'

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Now EU Wants Global Transaction Tax To Fund More Bailouts

On the heels of a similar proposal being pushed in Copenhagen in the name of fighting global warming, the European Union has asked the IMF to introduce a global tax on financial transactions in order to fund more bailouts – in other words, the globalists are devising yet more ways to plunder the taxpayer into servitude to the private banks that they own.'

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