Texas political stiff trying to overturn protections put in place to prevent the same kind of thing that happened in 2007-08. There is a reason these laws were passed - it is because bankers had underwriters approve loans, banking options and services, etc. for people who were clearly in no financial condition to manage them. Furthermore, when unemployment became a massive problem as a result of the financial/housing crisis, this situation was further aggravated. Now, we have more politicians in Texas trying to put us right back into the mess that we are still trying to get out of by undermining laws that were put in place to prevent it. How ignorant can a person be? Well, I suppose that depends on how much money one has... ;) At any rate, ignorant people with money usually wind up becoming ignorant people with no money, once they're outed. Intelligent people with money, on the other hand, tend to be able to cling to their hard-earned profits much longer. (y) Texas politics needs an enema... If there is any doubt, just consider George W. Bush, Tom DeLay, Rick Perry (etc., etc., ad infinitum, ad nauseum). There is not much future in politics for them - or many of their Republican co-conspirators, for that matter. They are precisely the ones who give the Republican party its perpetual 'black eye'.

Texas political stiff trying to overturn protections put in place to prevent the same kind of thing that happened in 2007-08. There is a reason these laws were passed - it is because bankers had underwriters approve loans, banking options and services, etc. for people who were clearly in no financial condition to manage them. Furthermore, when unemployment became a massive problem as a result of the financial/housing crisis, this situation was further aggravated. Now, we have more politicians in Texas trying to put us right back into the mess that we are still trying to get out of by undermining laws that were put in place to prevent it. How ignorant can a person be? Well, I suppose that depends on how much money one has... ;) At any rate, ignorant people with money usually wind up becoming ignorant people with no money, once they're outed. Intelligent people with money, on the other hand, tend to be able to cling to their hard-earned profits much longer. (y) Texas politics needs an enema... If there is any doubt, just consider George W. Bush, Tom DeLay, Rick Perry (etc., etc., ad infinitum, ad nauseum). There is not much future in politics for them - or many of their Republican co-conspirators, for that matter. They are precisely the ones who give the Republican party its perpetual 'black eye'. - WASHINGTON — Rep. Jeb Hensarling figures not one in a thousand Americans has heard of the Consumer Financial Protection Bureau. And so the Dallas...