Thursday, June 18, 2009

Consumer protection Department

On some level this makes sense to me. Wall Street has the Treasury. The rest of big business has commerce. The ag industry has a department. The defense industry has theirs. And even organized labor has a department looking out for them. Consumers make up a huge part of the system, but they don't have a voice at the table. No wonder they usually get screwed. And these days it seems to take a Ph.D. just to choose the right insurance options, let alone figuring out how to invest for your future (and your kids) without being completely worked over by the rest of these groups that do have a voice in government.

I'm not completely sold on it, but I do think it's worth looking at.

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