CNN reports that the Federal Reserve approved new mortgage lending rules to crack down on shady practices.
Too little and too late if you ask me. The Bush/McCain big business Republicans have not wanted any controls on corporations. Now with our system crashing and burning they put some rules into effect.
Do any of you think that the big money people are going to pay any attention to rules? They are going to look at how do we get around these rules and how can they make money from these new rules.
They are out to rape the American people and line their pockets with gold. That is the name of the game for them.
In the People’s Republic of China they use capital punishment for corruption. I think we need the same thing here. Give a few of these CEOs and Wall Street people death and see if that gets their attention.
I would not start with the mortgage people. I would start with the credit card people.
