Friday, July 16, 2010
5,000 Pages of Loopholes Democrats will Blame Republicans For
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"The result will be over 5,000 pages of new regulations on traditional banks and years of uncertainty as to what the massive new rules will mean," said Edward Yingling, president and CEO of the American Bankers' Association." (AP/Daily Breeze)
5,000+ PAGES!!! Uncertainty as to what the massive new rules will mean?!
What kind of Senators do we have that vote in a brick of a bill that they don't even know what it means? Unfortunately, the kind we have in
Thanks Barbara Boxer, thanks Nancy Pelosi for again saddling us with a winner of a bill. Did Boxer think it did something green? Did Pelosi think…did she think?
I mean, how many pages does it take to say, "You can't lie to borrowers, you can't trick borrowers, you must have proof of income capable of paying off your loan?" Does that take 5,000+ pages?
The Bible says, "The more the words, the less the meaning." If there is over 5,000 pages that means loophole after loophole after loophole. Now, when businesses start finding and using those loopholes Democrats will blame Republicans for being so greedy and actually wanting to make a profit. The number of pages are only meant to deceive, not clarify.
Remember the KISS principle. Keep it simple Senator!
So, in the end a 5,000+ page bill can only mean we the citizens are going to get the shaft.
Thanks again for representing us so foolishly Senators Boxer and Pelosi.
I will say my thanks to "Call me Senator" Boxer by voting for Carly Fiorina. What about you?