Why U.S. families need a Consumer Financial Protection Agency

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Category:

Nonprofits & Activism

Tags:

• consumer protection
• predatory lending
• CRL

[tubewog]

4/4. the consumers! Now one should understand the purpose of the uncontrolled borrowing in billions of dollars for health care reform, for bailouts, and who knows what the underlying intent of the BP oil spill was for, if not to create further financial damage to the American people, in general. Whatever occurs in the United States financially has ripple effects globally, as well.

[tubewog]

¾. congressional bills or politicians passing laws to systematically regulate the entire financial system of the U.S., in effect the world market. The CFPA which will be controlled by chosen people secretly employed by the Feds will be the sole agency regulating and controlling the financial system, nee the financial lives of every American citizen unencumbered by any outside influences. The American people as so naïve and again taken into believing the CFPA is an agency that would protect

[tubewog]

2/4. of passing a financial reform and in effect to create the CFPA – Consumer Financial Protection Agency – which is in effect, the Federal Reserve Board, in a different clothing and name purporting to protect the people. Name it as such, in order to make naïve citizens think and believe that it is for the consumers and for their protection. After Obama signs the financial reform bill into law with the creation of the new CFPA, the Feds will no longer need or require the help of

[tubewog]

1/4. One has to know the history how the Federal Reserve System came into existence in 1913. It was planned and created by the financial families that own the Federal Reserve today. The Federal Reserve Act of 1913 that legalized the establishment of a central bank, the Federal Reserve Board, became law as a result of a banking crisis in 1907. Today, the financial crisis that was astutely planned and again staged since 2007 was created by the same financial entities with the ultimate objective

[bandibreath]

Only greedy Republicans and weak kneed dems are stating that there is no need for this new agency. I am so furious with the right wing and their total disregard for the working people and the poor that I could spit nails!!!

[jfresh66]

Great facts. Hard to argue with the truth. There is so much abuse and greed in this country.