Read Dakinkat on the new CFPA, which will oversee credit reform in this country. It comes with the DK seal of approval -- for now. There's a good chance that lobbyists will destroy the one genuinely worthwhile and bold move that Obama has so far tried to make.
I think that CFPA will provide us with a clean and easy way to distinguish between right-wing tea party zealots and legitimate left-wing critics of our current president. Anyone who decries much-needed financial regulation as "socialism" can never, under any circumstances, be our friend or ally.
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Speaking of credit, that reminds me of Joe's earlier post on credit-report-providing websites and commercials with a certain "smarmy slacker":
"Don't be fooled by wacky commercials...for other 'free' sites.
"Check all three of your credit reports at annualcreditreport.com, the only site authorized by federal law. [italics mine]"
["Your Magic Number", Reader's Digest, Oct 2009]
Sergei Rostov
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