Politics
Politics
Out of context: Reply #22596
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- utopian3
Donald Trump's presidency could leave consumers on their own
Now President-elect Donald Trump had said he wants to repeal the Dodd-Frank Act, dismantling the Consumer Financial Protection Bureau in the process
Established under the Obama administration through the Dodd-Frank Act in response to the financial crisis of 2008, the CFPB has served as the sheepdog guarding American flocks from a seemingly-endless population of predatory wolves, addressing consumer issues that lax regulation or negligence had left flapping in the wind. Its mission, in part, is to “protect consumers from unfair, deceptive, or abusive practices and take action against companies that break the law.”
- dodd-frank doesn't work for its intended purpose. it seems to be a bully pit and helped large banks grow by pushing out small banks.********
- plus i believe gov doesn't need to protect people from their own dumb decisions on debt. experience is the name we give to our mistakes. better than teaching********
- dependence on some gov god that looks out for u. come on people choose to be responsible for your actions********
- You're right, people need to look out for themselves. specially now. on the other hand the companies should be accountable if caught for fraud.sofakingback
- if the banks fell, shouldn't all the debt they hold against americans fall along with it?********
- a judicial system to challenge fraud is a good thing. im just very cautious of what people might try to call fraud. many times its ignorance********
- ie. fraud in false hopes futures with private schools vs public schools. is false hopes fraud or advertising? or is it merely protectionsim********
- fraud in fake universities maybe?monospaced
- georgetown class - philosophy and startrek
princeton class - getting dressed
is it fraud or personal choice if u choose poorly******** - let's let the law decidemonospaced
- by law its ok. 0 coercion, and advertising matches the entire competition, but if found at fault than bring them all down, dont hate on the for profit minorites********
- dodd-frank doesn't work for its intended purpose. it seems to be a bully pit and helped large banks grow by pushing out small banks.