Wednesday, July 1, 2009

Whatever Happened to Caveat Emptor

The Obama administration has sent Congress legislation designed to create a consumer protection agency that would polices fine print on consumer products like credit cards and mortgages and determine what fees, penalties and interest rates are fair.

And so it is that the nanny state continues to grow into a bloated bureaucracy with endless agencies.

In the meantime the important question: Is Congress going to read the fine print on this legislation or just rubber stamp its approval as it did with Cap and Trade where not one congressman read the 1500 pages bill?
All this is giving me a headache, I am going to take a Tylenol. I better hurry. The FDA is about to regulate the sale of this dangerous drug.

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