Disasters 5, Americans 0 with Cap’n Tax on third base.
After Obama’s coronation, he appointed Gregg to a Cabinet position and I figured Gregg to be just another northeastern RINO. Now, I must admit that I’m proud of Gregg and am happy to have him in Congress with an “R” after his name.
This law can’t be all that bad. REPUBLICANS Brown, Snowe, Grassley, and Collins voted for it. I mean they’re Republicans right so it has to be good < /S >
Meanwhile, the provision on consumer protection will expand the reach of government and create conflicts with the banking industry, Gregg said.
“You’ll basically have a consumer protection agency which decides to go out and in the morning and say, ‘well everybody who’s XYZ should have a loan, even though the local community bank says XYZ shouldn’t have a loan, because if we give them a loan, we know they’re not going to pay back,’” he said. “It’s going to become an agency that defines lending on social justice purposes instead of safety and soundness purposes.”
ISN’T THIS WHAT GOT US INTO THIS MESS TO BEGIN WITH???