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.

You can call your congress via the internet, click on this sentence to learn how.

Please Download the Chase Bank Protest Protest Flyer for FREE, and then all that needs to be done is just give a few copies out, it is really that simple.

The Bush Administration warned about Freddie Mac and Fannie Mae but were overruled by Congress.

This YouTube Video paints the Bush Administration as trying to warn everybody about Fannie Mae and Freddie Mac. What I don't understand is why the Bush Administration didn't have a fall back plan that could have been implemented immediately when the sub prime mortgage rates were spiking overnight. I believe the economic downturn could have been softened if home owners didn't just give up paying their mortgage because it dramatically increased overnight.

Regulation does not just have to happen on the front end. Bush, the Republicans and the Democrats seemed more concerned about the banks failing then people who had been paying their mortgage just giving up overnight when the monthly payment ballooned. I still blame the banks for offering a mortgage program that increased the monthly mortgage payment overnight by a factor of 50%, 100%, or even 200% on homeowners.

It would have been amazing if just once, we could have seen Bush ride in and actually rescue the average american.