This week President Obama discusses the formation of the Consumer Financial Protection Agency, which will enforce regulations to stop unfair lending practices and other unethical conduct on the part of banks and credit card companies. It is amazing how opponents of Obama find fault even with policies that are designed to level the playing field and protect them from abuse. It is the very function of government to protect its citizens. It will be interesting to see what objections this new initiative will get.
And now, the President of the United States of America: