Comment of the Day
April 13, 2010 | federal legislation, industry | Comments (0)“Do you believe that consumers need more effective protections against unfair and deceptive practices by banks and other financial institutions?”
So we are to assume that the current regulations are “effective” and that anything they regulate are “unfair and deceptive”? Talk about LEADING the witness, your honor!
I’m glad they cleared this up for me. I used to think that “current regulations rarely are necessary, and often times do not actually ‘protect’ consumers against much more than their freedom of choice” but I see that is not an option.
Yeah that question is LOADED allright. Loaded with B.S.!
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