Look what this evil, useless, government Institution has done now!!

Fed Taking on Abusive Lending Practices
Published: 12/15/07, 3:25 PM EDT
By The Associated Press
(AP) - HOMEOWNER PROTECTION: People taking out home mortgages may gain new protections soon against shady lending practices as the Federal Reserve seeks to back even the riskiest borrowers.

UNIVERSAL RULES: Rules expected to be proposed Tuesday would apply to loans made by all types of lenders, including banks and brokers. The Fed's plan could be finalized next year.

EXAMPLES: The Fed is considering, among other measures, to bar lenders from penalizing subprime borrowers who pay their loans off early and to examine lenders' failure, in some cases, to consider a borrower's ability to repay a home loan.
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Legislation is the way to correct the flaws in the federal reserve,
It is also a possible reality,
not totally dis-mantling the whole system
and then starting from scratch with,,,,,,What?

Maybe restrictions could be put on the fed. and congress could start printing our money, and keep restricting the fed as congress progresses to completely take over money creation.

Lets hope that legislation is passed to correct these flaws.

And dont forget the Corporate management of our government!
That, at least IMO, is cause to 65% of the total problems in America today!

Make a difference totage,
Make your vote count,
Come over to the John Edwards side,
Come over to the Peoples side!!

or mabe the fed could be called the fraud it is and the Govt could go back to the business of making our money, which is one of thier FEW constitutional jobs.

legislation not needed.. its already there. just needs to be enforced.

Vote Rambill!!





Vote for John Edwards