The financial regulation bill now hurtling through Congress sets up a Consumer Financial Protection Agency CFPA to police lending in America. And, as usual, the liberals have fouled it up.California Republican Congressman John Campbell no relation to Tom points out that the bill would “require anybody who makes a loan of any type or amount to any consumer for any reason to register with” the CFPA and get its approval for “the structure of that loan.”So any bank or store or credit card company or merchant or service provider who offered credit in any form to anyone would have to get advance approval from the CFPA.Genomega, Loan Approval Misery Under Obama Plan
Related articles by Zemanta
n an effort to explain his refusal to protect the southern border of the United States from the torrent of illegal immigrants, drugs, and the spread of violence that has cost the lives of United States citizens, President Obama summoned “The Most Trusted Name in the News 2010,” Stoos Views’ own Hugh Betcha, for an exclusive interview in the Oval Office. Hugh, Chief of the International Desk of the Stoos Views worldwide media conglomerate, a man who walks with kings and princes (but unlike the President, bowing to none), caught a quick flight from Wynstone, South Dakota—where the air is clean, the crime rate low, the people vote red, and the centre still holds—and flew into Foggy Bottom. Ushered into the President’s office after a short ride in the Presidential limousine, Hugh settled down for a frank discussion with the President on the troublesome issue of illegal immigration and Arizona’s attempt to staunch the flow of illegals, drugs and violence that has plagued the state.
The President seemed to be a bit tense and out of sorts during the interview—which was atypical. Normally at ease with his drinking buddy and the winner of MSNBC’s Most Trusted Name in the News Award, 2010—Hugh Betcha—the President was uncharacteristically defensive.
“I Will Not Protect Our Borders And Neither Should You!” » Not Good News.
Liberal Progressives believe that regardless of how much ‘Criminal Activity’ or violence caused by groups like ‘La Raza’ (the race), their participants should be shown ‘Great Tolerance’ and viewed as Patriots.
Federal law now criminalizes activities that the average person would never dream would land him in prison. Consequently, every year, thousands of upstanding, responsible Americans run afoul of some incomprehensible federal law and end up serving time in federal prison.
With all the attention that’s been paid lately to long federal sentences for drug offenders, it’s surprising that a far more troubling phenomenon has barely hit the media’s radar screen. Every year, thousands of upstanding, responsible Americans run afoul of some incomprehensible federal law or regulation and end up serving time in federal prison.
What is especially disturbing is that it could happen to anyone at all–and it has.
We should applaud Reps. Bobby Scott (D-Va.) and Louie Gohmert (R-Texas), then, for holding a bipartisan hearing today to examine how federal law can make a criminal out of anyone, for even the most mundane conduct.
Federal law in particular now criminalizes entire categories of activities that the average person would never dream would land him in prison. This is an inevitable result of the fact that the criminal law is no longer restricted to punishing inherently wrongful conduct–such as murder, rape, robbery, and the like.
Moreover, under these new laws, the government can often secure a conviction without having to prove that the person accused even intended to commit a bad act, historically a protection against wrongful conviction.
via You’re (Probably) a Federal Criminal | The Heritage Foundation.
via You’re (Probably) a Federal Criminal » Not Good News.