Citizens Unite!

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Citizens Unite!

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Citizens Call To Action http://tr.im/M13B or http://3bl.me/nbs7qs

Summary

The words of the day are: reform and regulation. Not happy words for some businesses, but important and necessary changes for the national and global economies. If we want to avoid another meltdown that is...Financial reform is not about declaring "war" on business. Rather it's about peaceful coexistence using good business practices based on mutual trust.

Friday, January 29, 2010 - 10:30am

CONTENT: Blog

Money Talks 

Did you hear the one about big money saving democracy? Well, apparently the Supreme Court did. A small majority of 5 versus 4 judges on our nation's highest court unequivocally believe that protecting the interests of big business lobbyists serves the country's core values, the cherished First Amendment right of Free Speech.
 
Sadly, the Supreme Court ruled last week that "the government has no business regulating political speech" even by non-human corporations. The ruling gives corporations powers that only individuals had previously - in effect creating a dual citizenry.
 
 
Have I Got a Deal For You
 
What kind of legitimate business would want to block a ban on "unfair, deceptive and abusive" credit practices?
 
Apparently a group of businesses under the guise of the U.S. Chamber of Commerce are doing just that-lobbying to eliminate the creation of a Consumer Financial Protection Agency.
 
After the marketing of lethally dangerous super-subprime mortgages to people who could not only not afford them, but had no idea they would lose everything, the Big O and Congress decided they have to do something. Monitoring all consumer products from credit cards to mortgages and home equity loans would ensure that ordinary non-MBA hard-working citizens would not be scammed and fleeced on the scale they were in the past decade.
 

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Keywords: Chamber of Commerce | John A. Pottow | Sonia Sotomayor | Supreme Court | business ethics | consumer financial protection agency | consumer protection | credit practices | financial reform | free speech

CONTENT: Blog

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