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Creating More Friends Through Regulation

Monday 17 May 2010 - Filed under Dumbassery + Legislation + Regulation

Eric Lichtblau of The New York Times:

If President Obama has his way, loans at auto dealers would be put under the purview of a new federal consumer protection authority to guard against fraud and abuse. The prospect of increased regulations, Mr. Berscht said, “could force us out of the financing business,” and it has him so concerned that he traveled to Washington last month to ask Senator Kent Conrad, a Democrat and one of his senators, for quick relief.

Good luck with getting any results by talking to a Demotard Senator.

What I’m wondering is when we might reach a point when there is nothing else in to which the government can put its sticky fingers.

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2010-05-17  »  madlibertarianguy