Obama to be on TV again... Tomorrow. (7/18/2011)

[Farbin Kaiber]

So, it seems to me he keeps taking up airtime, and is being a total lop, but that is beside the point.

This post is about what he is doing tomorrow. Announcement of a Consumer Protection agency. Too many opinions on this anyway, but I guess it's a way to create positive jobs numbers. I wonder if they run a chance of getting outsourced.

http://en.wikipedia.org/wiki/United_States_Consumer_Financial_Protection_Bureau

[mrsleeve]

Ummm..................wow.............. I dont really know where to go with this.

Will have to remove all the lose objects from near my TV viewing area and watch it. I dont think I am going to like what hes going to be spewing

[Farbin Kaiber]

Yeah, I don't think he realizes that every time he interrupts women watching The View or other Daytime programing, that he is fueling the fire that is burning the market. I cannot begin to even assume all the interesting interpretations of a business model he will deflate. Maybe he will set a National Profit Indicator, and the more profit you make, the more your additional tax, er.... I mean revenue will work on a slide, ya know, make the whole country float their books and make no profit. There will be a lot of hiring, and lots of surplus in products...

[Farbin Kaiber]

http://www.onlinesentinel.com/news/Obama-picks-head-of-new-consumer-watchdog-agency.html

Reactions

http://www.reuters.com/article/2011/07/17/obama-consumer-cordray-reaction-idUSN1E76G07T20110717

Background

http://en.wikipedia.org/wiki/Richard_Cordray

Well, those that read P&R will at least be ahead of the talking heads that will be squaking by lunchtime.

[mrsleeve]

Yeah, I don't think he realizes that every time he interrupts women watching The View or other Daytime programing, that he is fueling the fire that is burning the market. I cannot begin to even assume all the interesting interpretations of a business model he will deflate. Maybe he will set a National Profit Indicator, and the more profit you make, the more your additional tax, er.... I mean revenue will work on a slide, ya know, make the whole country float their books and make no profit. There will be a lot of hiring, and lots of surplus in products...

Are you implying there may a be a undistributed profits ta......................... err fee, I mean fee, imposed on business. Kinda like FDR pulled in the early 30's ??????

[Farbin Kaiber]

"The central mission of the Consumer Financial Protection Bureau (CFPB) is to make markets for consumer financial products and services work for Americans—whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products... .promote fairness and transparency for mortgages, credit cards, and other consumer financial products and services."

I wonder if they will adjust the laws to credit cards like the way the last Dem WH adjusted the laws for low income. Of course, going by present precedents, they will adjust according to race, disability, or sexuality...

[mrsleeve]

Fairness LOL try getting a mortgage in this market right now. Yeah those laws passed last year really made it easier. I can only see how this is going to get even more complicated and "Fair" with even more regulation shoved into the markets.

[Farbin Kaiber]

[mrsleeve]

^

Yeah that, I am currently working getting all my shit together, to put in for a mortgage. I know I said I would never do one especially of this size, but there is a home that we have found that we really really like and its a "trouble asset" not foreclosed yet though.

The fucking red tape involved with me securing financing (assuming I can get any since my job is not 100% year round stable), is nothing compared to the red tape the bank is going put us through after we submit the offer, thank you GOVT. Thanks to that banks are not wanting to clear the books of bad mortgages and troubled ones they are hanging on to them. Word is this bank wont even take a full price + all closing paid by the seller on this property, again the govt paying banks to fail. So I am trying to get all my ducks in a row and just wait it out.

[joshh]

Will this agency also be known for viewing porn during work time?

"promote fairness and transparency for mortgages, credit cards, and other consumer financial products and services."

Sounds like more control to me.

[mrsleeve]

Sounds like more control to me.

duhhhhh what else could it be ????

[joshh]

duhhhhh what else could it be ????

He's such a great guy he wants to make sure everyone gets a deal on on home just like he did?

[Dozyproductions]

Am I too late to the circle jerk?

[Farbin Kaiber]

This time around, everyone gets a student loan and low interest credit cards regardless of credit rating.

[mrsleeve]

hey that sounds reasonable