Saturday, May 15, 2010

GOP Fighting Against Consumers

Obama Urges Reform to Stop Predatory Lending, Protect Consumers - WSJ.com

"...protect consumers from deceptive practices that helped contribute to the economic crisis.

"You'll be empowered with the clear and concise information you need to make the choices that are best for you," Mr. Obama said of the bill. He added, "We'll help stop predatory practices, and curb unscrupulous lenders, helping secure your family's financial future."

His remarks come as Democrats and Republicans have sparred in Congress over the financial bill, with particular bitter fighting revolving around consumer-protection provisions..."

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