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To: lodi90
Something doesn’t add up. Obama wants to get the Government OUT of a major component of the US economy?

I think they're getting out of the mortgage business, and into the credit rating business. Check out the Consumer Protection Financial Bureau. It's a new federal bureaucracy that will, among other things, oversee credit rating agencies and insure that the make appropriately "racially sensitive" adjustments to people's credit ratings. They're still going to "redistribute the wealth", they're just going to make the banks eat the losses.

40 posted on 08/06/2013 6:10:51 PM PDT by tacticalogic ("Oh, bother!" said Pooh, as he chambered his last round.)
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To: tacticalogic
Check out the Consumer Protection Financial Bureau. It's a new federal bureaucracy that will, among other things, oversee credit rating agencies and insure that the make appropriately "racially sensitive" adjustments to people's credit ratings. They're still going to "redistribute the wealth", they're just going to make the banks eat the losses.

DING DING DING!! Winner!!! Wish I had seen your post before I responded. You nailed it.

44 posted on 08/06/2013 6:26:31 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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