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Tag: finance instruments

Obama puts critics of financial overhaul on notice – Yahoo! News

Obama puts critics of financial overhaul on notice – Yahoo! News:

“‘It will have the power to set tough new rules so that companies compete by offering innovative products that consumers actually want and actually understand,’ Obama said. ‘Those ridiculous contracts — pages of fine print that no one can figure out — will be a thing of the past. You’ll be able to compare products, with descriptions in plain language, to see what is best for you.‘”

(Via Yahoo! News.)

This is exactly what these companies don’t want.

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Author Robert BarrimondPosted on June 20, 2009Categories Biz and Econ, PoliticsTags finance instruments, fiscal responsiblity, Obama, understandable contractsLeave a comment on Obama puts critics of financial overhaul on notice – Yahoo! News

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This is my personal blog where the detritus and chaff mingle with the precious metals and gems of my mind. It is by definition a work in progress. I write to exercise my mind and develop my ideas and opinions. I strive to remember wisdom is earned not thought out. It is in recognizing our journey in life, not in grand pronouncements on what is or what should be.

Please comment should the urge hit. I enjoy challenges and appreciate the sympathy.

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