The Daily Caller has the full forty minute video posted on their website, what’s posted below is a side-by-side comparison of Obama in 2007 speaking in glowing terms about his friend Jeremiah Wright, and then in 2008 where he says he condemn’s him.
Which Obama do we believe? (Either one ain’t good folks.)
If You’re Wondering Where “Free Checking” Went …
One year ago today, Senator Dick Durbin (D. IL) introduced and passed the “Durbin Amendment” to the Dodd-Frank “Wall Street Reform Consumer Protection Act” which was allegedly designed to protect banking consumers from high fees on debit card transactions.
As they say, the road to hell is paved with good intentions and as per usual, Democrats have once again managed to screw consumers as a result.
As Dodd-Frank has kicked in over the last year, many banks have had to find other ways to make up for the fee’s they previously obtained from debit card customers.
The result: the end of “free checking” as banking consumers across America knew it.
Today, less than 40% of banks offer any form of “free checking”, the majority of them are non-interest bearing.
If free checking was an animal, it’d be on the endangered species list.
The problem for Democrats on this one is that they cannot claim they didn’t know this was going to happen. Banking CEO after Banking CEO testified before Congress ahead of the passing of Dodd-Frank that “free checking accounts” among other services would be casualties of the law.
The Bankers were right, and the Democrat Controlled Senate, House and White House passed it anyway.
Happy Birthday Dodd-Frank!
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