The recent letter to the editor by Jane Whitesides (Feb. 27) attacking Rep. Blaine Luetkemeyer, R-Mo., a former bank regulator, for his vote on the Wall Street Reform and Consumer Protection Act conveniently left out some pertinent facts. Among other things, this awful bill: makes permanent the taxpayer-funded bailout policies used to prop up the likes of AIG, Fannie Mae and Freddie Mac; allows bureaucrats to determine types and terms of credit products offered to consumers, making it harder to get loans; and empowers federal regulators to impose wage controls on private sector employees.
LETTER: Luetkemeyer right to vote against bad consumer protection bill
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