The Federal Reserve wants to change a 42 year old rule to make it easier for the banks to engage in predatory lending.
When push comes to shave, the Federal Reserve will always come down on the side of the banksters. The Fed had plenty of notice of the crap that the banksters were pulling in order to pump up the housing bubble, but they did nothing.
And now they want to give away what little protection consumers have against the banksters?
Nothing ever fucking changes.
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