Professor Todd Zywicki on the Consumer Financial Protection Agency and Financial Regulatory Reform

Todd Zywicki, professor of law at George Mason University, discusses his concerns about a proposed Consumer Financial Protection Agency, the cause behind the current financial crisis, and how we can achieve real financial regulatory reform.

Category:

News & Politics

Tags:

• todd zywicki
• george mason
• cfpa
• ftc
• federal reserve
• consumer protection
• economics

[truthadvocate]

No coercive government monopoly bureaucracy is ever going to protect consumers effectively. Let freely competing consumer advocate organizations handle it.

[mrnikzilla]

he is my uncle

[treid100182]

REFORM is definitely needed financially.

[Reckless3057]

I don't know about combining with the Federal Reserve but the rest I can buy. I do think that Bureaucracies can handle the baseline quality control issues but no more.

[MrMindfucker]

It sure is! banks are throwing out 25% apr credit card's to anyone and giving away personnal info. for solicitation! Combine this with hyperinflation and low paying jobs and you will soon see another collapse.

[MrMindfucker]

Most of the places you get these easy credit mainly selling overseas made junk! Go charge up your card on defective junk! The store sends you to the back to the importer for replacement in many instances. The importer want's you fill out several forms to be approved and to pay return postage on replacement part's

[ForTehNguyen]

Dodd was one of the main people behind the financial mess, and now hes the one to propose the solutions?