Jan 29, 2010 10:30 AM ET
Money TalksDid you hear the one about big money saving democracy? Well, apparently the Supreme Court did. A small majority of 5 versus 4 judges on our nation's highest court unequivocally believe that protecting the interests of big business lobbyists serves the country's core values, the cherished First Amendment right of Free Speech. Sadly, the Supreme Court ruled last week that "the government has no business regulating political speech" even by non-human corporations. The ruling gives corporations powers that only individuals had previously - in effect creating a dual citizenry. Read more Have I Got a Deal For You What kind of legitimate business would want to block a ban on "unfair, deceptive and abusive" credit practices? Apparently a group of businesses under the guise of the U.S. Chamber of Commerce are doing just that-lobbying to eliminate the creation of a Consumer Financial Protection Agency. After the marketing of lethally dangerous super-subprime mortgages to people who could not only not afford them, but had no idea they would lose everything, the Big O and Congress decided they have to do something. Monitoring all consumer products from credit cards to mortgages and home equity loans would ensure that ordinary non-MBA hard-working citizens would not be scammed and fleeced on the scale they were in the past decade. Read more
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