Saturday, October 10, 2009

O'Bank Barking

Obama urges creation of agency to regulate financial industry -- latimes.com: "...In some of his sharpest comments on the issue, Obama slammed banks and the U.S. Chamber of Commerce for trying to block, or at least water down, the proposed Consumer Financial Protection Agency as it heads toward a vote in a House committee next week.

'They're doing what they always do, descending on Congress, using every bit of influence they have to maintain the status quo that has maximized their profits at the expense of American consumers, despite the fact that recently a whole bunch of those same American consumers bailed them out as a consequence of the bad decisions that they made,' Obama said Friday at a White House gathering of key lawmakers, administration officials and other supporters..."

If he keeps talking like that, I may get excited. Or not.

No comments: