Too Many Bad Apples? Obama Says Dealer Financing Needs To Be Regulated

I cant disagree with Obamma, but most importantly how about taking back the Federal Reserve from those criminals, the American people should own it not private crooks, that is far more important than auto financing. Look at what the Federal reserve did to the American people, they are not concerned,they made a profit at the worlds expense, Kennedy tried to take it back, that didn't work out for him unfortunately.

"Kennedy tried to take it back, that didn't work out for him unfortunately."

- Yep. Can't mess with the Rothschilds.

"Kennedy tried to take it back, that didn't work out for him unfortunately."

- Also President Lincoln.

Excellent posts by truckman and Lexsucks, simply put, the Zionist control and manipulate everything...

""Kennedy tried to take it back, that didn't work out for him unfortunately."- Also President Lincoln."

The Federal Reserve was created in the Federal Reserve Act in 1913. Lincoln was assasinated in 1865.

cdoke, your an idiot..Central Banking has been in the US ever since 1791 with the First Bank of the United States..Followed by the Second Bank of the United States and then the Independent Treasury System...Just because they labeled it a new name, it doesnt change the fundamentals of the system..Abraham Lincolin, James Garfield and John Kennedy all fought it. President Andrew Jackson labeled the zionist bankers this in one of his speeches "You are a den of vipers. I intend to rout you out, and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning."

LOL. Ad hominem-the last refuge of the half-wit. Thank you for quoting wikipedia, but I am quite aware of the history of banking in the United States. You have told me absolutely nothing new.

My quote should not be preceived as a defense of either central banking or the Fed in particular. They were speaking of the Fed in particular.

My suggestion if you desire to be taken seriously is that you avoid the word "zionist" by the way.

One last thing: it's "you're (or you are)an idiot." not "your an idiot".

You ARE still an idiot...Happy??

And I dont or sorry DO NOT need to take any suggestions from a degenerate like you...Your first reply I will take as juvenile stupidity, your second, though, I wont be so forgiving. The reference that Lexusucks bought up to Rothchild family and central banking has a clear inseparable link to the zionist movement....I am sure an astute linguistic scholar such as yourself must have known these trivial wikipedia facts...

A degenerate, am I? I am juvenile and stupid as well? LOL.

Generally that type of anger in instances such as this is the result of one of three things: youth, immaturity, or insecurity.

Making sure that auto financing is fair does not mean that they can't make a profit.

There should be no fine print and consumers need to read anything they sign. If you don't like the terms.. Don't sign it! Find another lender that you can agree with. Give me choices.

Regulation across the private sector is necessary; this should be one of the tasks of Government. Not as an overlord telling companies how to run their business, but as an enforcer of the law simply making sure that the laws are obeyed however companies may choose to run their business.

America became so afraid of Government control, Socialism and Communism - concepts which the average American does not entirely understand beyond yelling "Russia! Cuba!" - that we swung the pendulum the other way and gave in to corporate control instead. What we have today is not Capitalism, rather, Corporate Communism. Think about it, when was the last time any average individual influenced the price and/or quality of a product and/or service?

One of the long-since-buried principles of Capitalism is that the customer should be fully-informed of the product or service they procure. This means, among other things, the complete absence of concepts like fine print.

Personally, I take solace in the fact that nothing faulty lasts forever; the longer it takes to fall, though, the more devastating it will be. I'm not too bothered about the current economic state as I am about what we may be setting up in the future, once the economy resurges and most - Wall Street AND Main Street - go back to their old ways, having learned nothing from this trip-up.