November 9, 2009Fight The Financial-Industry ThugsLiz Pulliam Weston, MSN Money | ||||||
The bullies who nearly ruined the economy are now trying to kill a proposed agency that would protect US consumers. Don't let lawmakers sell you out again, folks. Toxic financial products aren't dangerous just to those of us who borrow and invest. They can, and nearly did, blow up the whole economy. Yet bankers, lenders and more than a few politicians are trying to convince us that sensible regulation of consumer financial products is somehow a bad idea. What would the Consumer Financial Protection Agency do? The latter are the people who engineered a system that entraps consumers and sets them up to fail. And they could win this battle, too. But you can fight back by taking 60 seconds to e-mail your lawmakers and let them know you won't be sold out... TAGGED: regulation, Liz Pulliam Weston RECOMMENDED ARTICLES
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