Wait a minute! I thought the obama administration and democrats passed
"Frank-Dodd Financial Reform" legislation protecting us from too big to
fail and these mortgage scammers?What a shock. What it really
amounted to was big taxation on these companies (which of course was passed on
to consumers in the form of higher fees/expenses) and the companies get to
continue to do what they have always done.By the way those companies
that were supposedly supposed to be prevented from getting too big to fail are
bigger now than they ever were!!No worries though, the government
got their extortion in taxes (that consumers ultimately pay for) and it is
business as usual.People really have to be daft to believe
government is going to be effective doing much beyond a few basic things.
Government continues to prove itself a massive failure/money-waster at many
things and yet foolhardy people continue to vote for govt to solve their
problems.Nothing can substitute for a little consumer
self-education, skepticism, buyer-beware, and of course "if it sounds too
good to be true then it usually is"!!!Come on people. Wise up!