BO has a plan to create a new federal agency. The agency would oversee mortgages, credit cards and other consumer financial products.
This is another BO initiative for change. So you know it won't work, it will cost a fortune, and in the end will be another government disaster.
Watch out, Chris Dodd and Barney Frank will probably work on this bill. Do I have to say more?
Here is an idea for change, change BO on Tuesday, November 6, 2012. This will be the 57th quadrennial United States presidential election.
This new agency might sounds good to some, but wait. I think we have a few government agencies and private groups that already do this type of work. States also have these services. This is just another scheme to grow government and duplicate federal and state entities, so there will be plenty of jobs for government workers. Do you really think this agency can do it better? Everyone is good at something, Obama is good at spending money. Spending money we do not have.
Here is a list of agencies, groups and advocates for your info: There are many more.
Alliance Against Fraud
American Council on Consumer Interests (ACCI)
American Council on Science and Health (ACSH)
Center for Auto Safety (CAS)
Center for Science in the Public Interest (CSPI)
Consumers' Checkbook Magazine
Certified Financial Planner Board of Standards
Coalition Against Insurance Fraud
Congress Watch
Consumer Action
Consumer Federation of America (CFA)
Consumer Reports
Consumers for World Trade (CWT)
Consumers Union
Families USA
The Federation of American Consumers and Travelers (FACT)
Federal Trade Commission
Funeral Consumers Alliance
HALT: An Organization of Americans for Legal Reform
Health Research Group (HRG)
Hearing Loss Association of America
Jump$tart Coalition for Personal Financial Literacy
National Association of Consumer Advocates
National Association of Consumer Agency Administrators (NACAA)
National Coalition for Consumer Education
National Community Reinvestment Coalition (NCRC)
National Consumer Law Center (NCLC)
The National Consumer Protection Technical Resource Center
National Consumers League
National Council on the Aging (NCOA)
National Fraud Information Center/Internet Fraud Watch
Public Citizen, Inc.
Society of Consumer Affairs Professionals in Business (SOCAP)
U.S. Public Interest Research Group (U.S. PIRG)
Posts
I hate big government. 2010 can't get here fast enough, so we can take back congress and get rid of some of the garbage we have to put up with now.
ReplyDeleteThanks for posting this! It's good to get their underhanded moves out into the open. :)
Once this bill goes through, along with health care, I guess I will not have to do any more thinking. The government will tell me what health care to buy, what financial products to invest in and pretty soon what car to buy (since they own the American car manfacturers)and what I should weigh and eat (since the government will administer the health care system). All I have to say is the US government runs the post office (which is broke), Social Security (which is broke) and Medicare (which is broke) and you expwct the government to run the health care system and administer financial products - good luck!
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