Comments on: Dodd Wants A Consumer Financial Protection Agency. Will It Regulate Congress?

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By: tony sharp

tony sharp — Mon, 30 Nov 2009 20:21:17 +0000

""The health care bills are unintelligible. Senator Thomas Carper (D- Del.) said, “I don’t expect to actually read the legislative language because reading the legislative language is among the more confusing things I’ve ever read in my life.” Congressman John Conyers (D-MI) was equally dismissive of reading the House version of the bill. “What good is reading the bill if it’s a thousand pages and you don’t have two days and two lawyers to find out what it means after you read the bill?”"
So I gather the writer thinks only Democrats don't read the bills they vote on?

By: Kathy Woodring

Kathy Woodring — Wed, 25 Nov 2009 05:54:14 +0000

"… H.R. 3126 would give the CFPA jurisdiction over any financial activity, and the definition of financial activity is to be determined by the agency.
The Ranking Member of the Financial Services Committee, Congressman Spencer Bachus (R-AL), introduced financial regulatory reform legislation entitled H.R. 3310, the Consumer Protection and Regulatory Enhancement Act of 2009, on July 23, 2009. This legislation is a Republican alternative, and provides for the resolution of insolvent non-bank financial institutions through the bankruptcy system, not bailouts. H.R. 3310 also creates a Market Stability and Capital Adequacy Board in order to monitor the financial sector and identify risks, and taxpayer subsidies of Fannie Mae and Freddie Mac would also end… "
Sincerely,
Bob Latta
Member of Congress

By: Big Government » Blog Archive » Dodd Wants A Consumer Financial … | Newarticletoday.com Blog

Sat, 21 Nov 2009 18:13:58 +0000

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By: Thinking_Man

Thinking_Man — Mon, 16 Nov 2009 17:11:37 +0000

I think that's the point, they are written to be completely opaque with trap doors everywhere to suit their purposes.

They will never give up the power to legislate themselves perks and handouts to their peep's to keep themselves in power.

By: Freedom fighter

Freedom fighter — Sat, 14 Nov 2009 16:35:10 +0000

“But a Constitution of Government once changed from Freedom, can never be restored. Liberty, once lost, is lost forever.”
John Adams, letter to Abigail Adams, July 17, 1775