Saturday, February 27, 2010

Is it just me or ... ? (NYT)

Is it just me or does this not seem like you've put the fox in with the chickens.  I suppose that means that you subscribe to the notion that the Treasury has played some sinister role in the financial collapse thus far.  I do.  As I do with the Fed.  As I do with the Central Banking scheme.  As I do with the Power Elite. BUT, that aside, putting a watchdog Bureau inside the Treasury means that the "independence" of the relationship is compromised from the beginning.  Many might raise the issue of ethics, and integrity, professionalism, and the sort.  I think we have seen in my view enough evidence of quite the contrasting behaviours from the folks that are steering the ship.  But then that may be just as I see it.  Who knows.  Watch and Learn.


Dodd Proposes Financial Protection Agency



Published: February 27, 2010
The chairman of the Senate Banking Committee on Friday proposed creating a Bureau of Financial Protection inside the Treasury Department to regulate mortgages, credit cards, payday loans and other consumer products.
FULL STORY HERE

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