Posted on 07/01/2009 6:31:06 AM PDT by fiscon1
As part of the new Consumer Financial Protection Agency, President Obama wants to focus on regulating the so called "fine print".
The Consumer Financial Protection Agency would be in charge of regulating those products in the same way other government agencies regulate the safety of drugs, food and toys
Obama said Americans are demanding it.
"Those ridiculous contracts with pages of fine print that no one can figure out—those things will be a thing of the past," the president said in a statement accompanying the 152-page draft bill. "And enforcement will be the rule, not the exception."
(Excerpt) Read more at theeprovocateur.blogspot.com ...
all labels must be at the third-grade reading level of his typical supporter
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