Vice President Joe Biden hosts a meeting οf Thе Middle Class Task Force whеrе nеw rules tο protect consumers frοm debt relief services аnd οthеr consumer protection measures аrе discussed. July 29, 2010.
Tags: Class, consumer, Middle, Protection
Debt Counseling and Consolidating Debts Unsecured, Credit Card, Secured
BEWARE WHEN HE MENTIONS GREAT RECCESION IN OTHER WORDS WE ARE EN D E P R E S S I O N
I would love to run for office but, I am on Soc. Sec. Disability and only getting about $780. oo p/month! The true politicians should be the PEOPLE! Not, the RICH! i HAVE ALREADY FOUND A FEW WAYS TO SAVE @ LEAST $3TRILLION. . . . BuT, I do not have enough of the ALMIGHTY $S TO RUN & gEt iNtO offICE!!!!
But, what I put in the search was “How can a poor person compete for office when we have no money?”!!!!
@jxsilicon9
I agree, but the big difference between this and car insurance is that you don’t have to have car insurance if you don’t have a car. There is no law against not having a car, but with a law like this on the books who knows what is next. “hope and Change” lol@that line!
@wantsvictory
Not only that but if we’re forced to have car insurance. They should cap premiums. You can’t force people to get a product or service. Then allow greedy sociopath piece of shit companies to charge whatever the fuck they want.
@lowbottomranch
I know. I get all kinds of bs calls and my number isn’t listed.
I agree with what VP Biden has to say in the first half of this speech. In my experience as a 1) federal prosecutor, 2) SEC trial attorney, and 3) representing large numbers of consumers in class actions, I have seen firsthand some of the tragic stories that occur when consumer protection laws and enforcement fail to go far enough. In my blog, “The Corporate Observer,” I extrapolate on my views regarding the legal side of consumer protection — an issue that becomes more important every day.
Thank you Joe, and Jon, for your work.
Consumer Protection and the Middle Class
August 5 ,2010 Vice President Joe Biden hosts a meeting of The Middle Class Task Force where new rules to protect consumers from debt relief services and other consumer protection measures are discussed. July 29, 2010.
GOVERNMENT-MORTGAGE-RELIEF
1-800-270-2928
do not call is a joke, I have to report at least 3 calls a week that I should not be getting, I still get a ton of them with their phone number blocked from my caller id. and polititions and all the excempts are sad. . it needs to be stregthened
Biden’s a pimp.
Could you put reference info at the end of videos so we know where to go to find that study, or watch the actual Senate arguments? Thank you. Keep up the good work.
@nothingnessx2, Elizabeth Warren said it best in her seminal article. When a toaster malfunctions due to it being a bad product, you don’t tell the buyer that they don’t need a toaster anyway and it is their fault the toaster broke. What you do is make it the responsibility of the toaster manufacturer to put out better product.
Look at these reality distorting lizards spit game, I bet even Jay-Z is jealous.
@libanadam The CreditCard Accountability Responsibility and Disclosure Act of 2009 is a federal law passed by the United States Congress and signed by Obama on May 22/09. The CC Act went into effect on Feb 2, 2010. Congress debated on both Floors that if this was passed that the banks would probably increase their rates before the effective date-but they passed into Law anyway and rates increased. In Dec. Congress even tried to move up the effective date in order to stop the increases. They failed.
country wide isnt that part of fanny and freddie?(barnie fife)
I thought we turned the corner. I thought we’re back from the brink? NO ONE is LENDING you chuckle head and no one is HIRING, WELLFARE is ALL there is. . . you CLOWNS should have NEVER given homes to people that could NOT afford them. . . what happened to all the shovel ready jobs? hey joe still have hoof and mouth? STOP peeing on my leg and tell me its raining
great work biden******
Now we need to raise taxes on the richest Americans.
plus is it just me, or is it funny that the teleprompter is covering up Mr. Biden. LOL
Want to protect the consumer???? Lower taxes!!! Decrease that burden and we would be much better off. The Middle Class pays too much in federal income taxes right now, and it’s time to start taking a look at why we should pay out a car payments worth of money each month to the feds every month. It’s our money, let us keep more of it Mr. Biden!
@chiggerno19 you lier. . . the Credit Card Act goes live in 2014, how are you problems because of it ?!
maybe get rid of your credit cards. Part of the reason you guys are all up to your waist in poop! Do you need a credit card (maybe) but i’m sure you could live without it if you are not able to make your payments on it. Just means you are spending too much. Good luck.
@chiggerno19 I noticed the same thing with my cards also, Thanks Obama
We love you Joe !
You passed the Credit Card Act that was suppose to protect consumers from the Big Bad Banks. The interest rates on my credit cards doubled after the Act was passed. Now, I have been informed that I will no longer have free checking and I am going to be charged for every single transaction I make with any of my accounts. If this is your way of helping, then, STOP!!! I can’t afford any of your help! Financial institutions will always get around Congress and the little guys end up paying the bills.