Comments for Obama: New consumer protections 'essential' - Yahoo! News »
Posted By mpchekuri 6 months, 1 week ago in Political NewsWASHINGTON – President Barack Obama is warning critics of his vast financial overhaul plan that he has no patience for debate from hard-line defenders of a system that has exploited bewildered consumers. Pushing for a law this year, Obama said: "While I'm not spoiling for a fight, I'm ready for one."
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libsRfunnyComment removed: Hard Banned
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Endoscopy6 months, 1 week ago
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Typical liberal thinking. The housing bubble with the mortgage backed securities caused this mess. so what do they want to do?
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"The Consumer Financial Protection Agency would take over oversight of mortgages, requiring that lenders give customers the option of "plain vanilla" plans with clear and affordable terms."
The problem is the CRA laws and other banking laws that forced banks to give bad loans. Are they changing the laws back to where they were before allowing the 0% down and no checking the ability to pay for the poor? No. HUD is wanting the CRA loans to be over 30% of the loans that banks give at this time. This is the Obama HUD that upped it to this. Ignore the problem and mess up everybody else. Typical liberal response.-
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orndorffter6 months, 1 week ago
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Poor endo has to complane, whats wrong afraid Obama can get it done? you and you old wise cracks everyone is getting smarter about you, you would rather see this country fall rather then admitt that Obama can get things done where your presious drunken Bush couldnt.
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