Wednesday, August 19, 2009

The Washington Times,8/19/09 page A8

The Consumer Protection Agency is endorsed by leaders and consumers in USA and in China as well in the name of all consumers.:-

"The curent financial crisis, caused by irresponsible subprime lending and inadequate oversight, has demonstrated the need for comprehensive and effective consumer protection and endorsement at the federal level."

FED chairman Bernanke said in July that stripping his agency of consumer regulatory powers could hurt the economy because risk assessment and compliance monitoring of consumer and prudential regulations are closedly related.

Leaders and consumers in China are in the same line of reasoning for the wellbeing of consumers in the mundane world.

Page A18: Robert Novak, the columnist, R.I.P. He agreed with the approach of Mea Culpa with the Holy Spirit as his conversion at age 67 to have found the Kingdom of Laotianye. Moreover, he believed the supply-side of economics stressing the training and retraining of workers to supply the changing demand of a nation under financial crisis as per the past blogs.

Francis Shieh a.k.a. Xie Shihao on August 19, 2009 at 2.22 p.m.

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