Comments on: Dodd Wants A Consumer Financial Protection Agency. Will It Regulate Congress? http://biggovernment.com/gknapp/2009/11/13/dodd-wants-a-consumer-financial-protection-agency-will-it-regulate-congress/ Sat, 20 Mar 2010 13:17:39 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: tony sharp http://biggovernment.com/gknapp/2009/11/13/dodd-wants-a-consumer-financial-protection-agency-will-it-regulate-congress/comment-page-1/#comment-671954 tony sharp Mon, 30 Nov 2009 20:21:17 +0000 http://biggovernment.com/?p=29854#comment-671954 ""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? ""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 http://biggovernment.com/gknapp/2009/11/13/dodd-wants-a-consumer-financial-protection-agency-will-it-regulate-congress/comment-page-1/#comment-575278 Kathy Woodring Wed, 25 Nov 2009 05:54:14 +0000 http://biggovernment.com/?p=29854#comment-575278 "... 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 "… 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 http://biggovernment.com/gknapp/2009/11/13/dodd-wants-a-consumer-financial-protection-agency-will-it-regulate-congress/comment-page-1/#comment-526678 Big Government » Blog Archive » Dodd Wants A Consumer Financial … | Newarticletoday.com Blog Sat, 21 Nov 2009 18:13:58 +0000 http://biggovernment.com/?p=29854#comment-526678 [...] original post here: Big Government » Blog Archive » Dodd Wants A Consumer Financial … Share and [...] [...] original post here: Big Government » Blog Archive » Dodd Wants A Consumer Financial … Share and [...]

]]> By: Thinking_Man http://biggovernment.com/gknapp/2009/11/13/dodd-wants-a-consumer-financial-protection-agency-will-it-regulate-congress/comment-page-1/#comment-459010 Thinking_Man Mon, 16 Nov 2009 17:11:37 +0000 http://biggovernment.com/?p=29854#comment-459010 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. 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 http://biggovernment.com/gknapp/2009/11/13/dodd-wants-a-consumer-financial-protection-agency-will-it-regulate-congress/comment-page-1/#comment-440994 Freedom fighter Sat, 14 Nov 2009 16:35:10 +0000 http://biggovernment.com/?p=29854#comment-440994 “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 “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

]]> By: bifozz http://biggovernment.com/gknapp/2009/11/13/dodd-wants-a-consumer-financial-protection-agency-will-it-regulate-congress/comment-page-1/#comment-438094 bifozz Sat, 14 Nov 2009 11:07:38 +0000 http://biggovernment.com/?p=29854#comment-438094 Another government agency? This time regulating the all the financial aspects of this country? Sounds like a recipe for disaster. One agency, and who's going to head this thing? Seems to me that it's a giant invitation for FRAUD. Another government agency? This time regulating the all the financial aspects of this country? Sounds like a recipe for disaster. One agency, and who's going to head this thing?
Seems to me that it's a giant invitation for FRAUD.

]]> By: Charles_Kirtley http://biggovernment.com/gknapp/2009/11/13/dodd-wants-a-consumer-financial-protection-agency-will-it-regulate-congress/comment-page-1/#comment-435294 Charles_Kirtley Sat, 14 Nov 2009 04:50:41 +0000 http://biggovernment.com/?p=29854#comment-435294 Too late Dodd. You can't buy enough votes to keep yourself in office this time. Too late Dodd. You can't buy enough votes to keep yourself in office this time.

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