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Official: Obama to propose new consumer agency
breitbart ^ | 6/16/09 | JIM KUHNHENN

Posted on 06/16/2009 12:50:12 PM PDT by Nachum

WASHINGTON (AP) - An Obama administration official says the Treasury will propose the creation of a regulatory agency to protect consumers in their credit, savings and other banking transactions. The new agency is one of the central elements of President Barack Obama's overhaul of the financial regulatory system. The president is set to announce his broad plan on Wednesday.

(Excerpt) Read more at breitbart.com ...


TOPICS: Government; News/Current Events
KEYWORDS: new; obama; official; propose
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1 posted on 06/16/2009 12:50:12 PM PDT by Nachum
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To: SumProVita; HardStarboard; BradyLS; Ernest_at_the_Beach; dervish; Twotone; Free ThinkerNY; ...

The list, ping


2 posted on 06/16/2009 12:50:38 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

Inside the treasury - not accountable to voters.


3 posted on 06/16/2009 12:50:58 PM PDT by Principled (Get the capital back! NRST!)
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To: Nachum

Great. Another jobs program for welfare queens and ACORN rabble.


4 posted on 06/16/2009 12:51:41 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: Nachum

Can’t we just have one day with no Obama.


5 posted on 06/16/2009 12:51:52 PM PDT by exist
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To: Nachum

Just what we need, another hot steamer of a Federal agency.


6 posted on 06/16/2009 12:52:06 PM PDT by TC Rider (The United States Constitution - 1791. All Rights Reserved.)
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To: Nachum

Can you say another czar?


7 posted on 06/16/2009 12:53:19 PM PDT by SkyDancer ('Those who hammer their guns into plows will plow for those who do not..' ~ Thomas Jefferson)
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To: TC Rider

Exactly what I was thinking too.

Just what we needed, more government oversight.


8 posted on 06/16/2009 12:53:29 PM PDT by JR97FLYERS
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They’re from the government, and they’re here to help.


9 posted on 06/16/2009 12:54:40 PM PDT by villagerjoel (1. Implement socialist policies 2. ??? 3. Heaven on earth)
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To: Nachum

Next up, direct withdrawl from your accounts for upcoming taxes.


10 posted on 06/16/2009 12:54:51 PM PDT by Slapshot68
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To: TC Rider

What exactly is the consumer agency going to do for us? Tell us what we should and should not purchase?

I heard on the radio this morning that the FDA is recommending that consumers stop using zicam because it might damage the sense of smell. Now, if the FDA had proof that this was true, wouldn’t they force Zicam off the market, not just tell people not to buy it?

I think that they are punishing Zicam for advertising on the Rush Limbaugh show.


11 posted on 06/16/2009 12:55:07 PM PDT by Eva (union motto - Aim for mediocrity, it's only fair.)
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To: Nachum

Treasury will propose the creation of a regulatory agency to protect consumers in their credit

Oh Goody another regulatory agency to Protect us from the evils of business.


12 posted on 06/16/2009 12:55:18 PM PDT by bikerman (Free men do not ask permission to bear arms.)
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To: Nachum

Yeah, just what we need. . .another government agency.


13 posted on 06/16/2009 12:56:18 PM PDT by MEGoody (Ye shall know the truth, and the truth shall make you free.)
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To: Nachum

Now our money isn’t ours. One more step in The Plan.


14 posted on 06/16/2009 12:56:21 PM PDT by bgill (The evidence simply does not support the official position of the Obama administration)
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To: Nachum

Is this so that the federal government can monitor all spending habits? I don’t think so.


15 posted on 06/16/2009 12:56:37 PM PDT by petitfour
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To: Nachum

Another agency, brilliant! This will do the job that the first 600 were unable to accomplish.


16 posted on 06/16/2009 12:57:17 PM PDT by eclecticEel (The Most High rules in the kingdom of men ... and sets over it the basest of men.)
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To: Nachum

Don Obamaleone strikes again.


17 posted on 06/16/2009 12:57:30 PM PDT by dforest (Anyone dumb enough to have voted for him deserves what they get.. No Pity!)
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To: Nachum

The massive expansion of govt marches on..


18 posted on 06/16/2009 12:57:46 PM PDT by libh8er
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To: Nachum

It will be called the Department of Redundant Redundancies all over again!


19 posted on 06/16/2009 12:58:36 PM PDT by handy old one (It is unbecoming for young men to utter maxims. Aristote)
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To: petitfour

I can him him now:

no burgers, no movies, soda’s or beers.

You don’t need that new car, or the fancy house

Heck turn off the A/C and do the country proud.

Donate your gas guzzler and buy a bike

bi line.........

You’re going to need every cent coz I’m gonna tax ya brains out!!


20 posted on 06/16/2009 12:59:43 PM PDT by BornToBeAmerican (We the people, ..... never)
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