In response to:

Friends of Obama Allowed to Opt Out

debeddebed Wrote: Jun 04, 2012 4:23 PM
Giving favors to supporters is standard procedure for a corrupt government and Obama is fostering the most corrupt government in our history . Obama & his crowd are Socialists who first gain control than kill those who first supported them as well as all who didn’t support them. All countries who have gone Socialist have killed millions after taking power. That is the Obama game plan! The Democrat party has been hijacked by the Fabian society.

Emigrant Bank was recently identified to receive a waiver that would allow the bank to opt out of rigorous Dodd-Frank requirements. These of course are the same new rules and regulations that Barack deems essential to the nation. Yet when the bank’s owner, Howard Milstein, who is a close friend and was a bundler for President Barack Obama’s 2008 campaign, protested that the new rules would seriously crimp operations of his bank, the Obama Administration worked with members of congress to grant him a waiver from the new rules.

Other financial institutions and banks have consistently and vehemently argued...