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saturnsring

(1,832 posts)
Wed Oct 7, 2015, 05:28 PM Oct 2015

Obama Threatens To Veto Republican Bill That Would Undo Consumer Protections

Every single Republican presidential candidate has vowed to kill the Consumer Financial Protection Bureau (CFPB) if they are elected to be the nation’s next president. Getting rid of consumer protections in near the top of the to-do list for the Republican Party.

The current bill, which is misnamed the Homebuyers Assistance Act, would set the country back on the path to the bad old days that created Great Recession. Risky mortgages caused many people to lose their homes, and Republicans are anxious to repeat the mistakes of their recent past.

President Obama’s veto threat won’t get any attention in the mainstream press, but his willingness to fight for ordinary Americans is why he is more important now than ever, and the stakes in 2016 couldn’t be higher.

http://www.politicususa.com/2015/10/06/obama-threatens-veto-republican-bill-undo-consumer-protections.html

both sides are not the same - this will go away if people sit out this election

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