CMLawLibraryBlog

One of the most watched events in recent television programming was the presidential debate, “town hall” style. Like many other Americans, I tuned in to watch despite my disillusionment with American government over the last couple of decades. I watched it without many expectations, knowing that no matter how direct a question was asked, the responses would be somewhat non-committal, and sound bite ready. The major news journals in the United States were certainly taking notes, as the New York Times depicted the debate as “90 minutes of forced cordiality” and the Boston Globe stated that it was “mercifully free” from the personal attacks I was beginning to get used to and tired of. It certainly was full of tension and made for good T.V., to say the least. McCain continues to pursue policies nearly identical to George W. Bush despite his “maverick” status, such as off shore drilling and staying the course in Iraq. (The irony is astounding: what makes him a maverick is that he wants to do the same things as one of the most unpopular presidents in living memory. The BIG joke is that he is rebelling against the American public.) Obama relied heavily on criticizing the Republican Party, stating that they were the ones that created this mess and he’s going to get us out of it. If we had to go by what they actually said, there’s no telling just which one is the best for getting our economy out of these turbulent times. Obama’s position on “predatory lending” is not a good solution – it’s sure to lead to more unemployment - is more a declaration of intent to appease the banking industry.
Post Courtesy of Personal Money Store
Professional Blogging Team
Feed Back: 1-866-641-3406
Home: http://personalmoneystore.com/NoFaxPaydayLoans.html
Blog: http://personalmoneystore.com/moneyblog/

Today's delivery marks an important new milestone, as the Administration has now delivered a comprehensive package of financial regulatory reform legislation to Capitol Hill. Less than two months since the release of its white paper, "Financial Regulatory Reform: A New Foundation," on June 17, the Administration has successfully translated all of its proposals into detailed legislative text – a remarkable effort in both speed and scope. The Administration looks forward to working with Congress to pass a comprehensive regulatory reform bill by the end of the year.

Well there are many cases one of them was In August 1971, Congress passed the Emergency Loan Guarantee Act, which could provide funds to any major business enterprise in crisis. Lockheed was the first recipient. Its failure would have meant significant job loss in California, a loss to the GNP and an impact on national defense.