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Sunday, October 11, 2009

Consumer Protection Financial Agency works perfectly fine in Canada, why not here?

Before Barney Frank turns the proposed Consumer Protection Financial Agency into "Barney's Rubble" by granting waivers to all the businesses that the agency is supposed to oversee, please read this article.

The article states that in Canada there was a flurry of protesting by businesses when a similar agency was proposed back in 2002, yet once the Canadian agency was passed, without "Barney's Rubble" added in, businesses to this day have been accepting of the agency.

Why should Canadian businesses complain anyways when their consumer protection financial agency provided a LEVEL PLAYING FIELD FOR ALL and did not necessarily cause Canadian businesses to go out of business, at least the ethical ones anyways.


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