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	<title>Comments on: Selected News For Apr 11 &#8211; Apr 17</title>
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	<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17</link>
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	<lastBuildDate>Mon, 23 Nov 2009 01:09:36 -0500</lastBuildDate>
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		<title>By: BillK</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-143100</link>
		<dc:creator>BillK</dc:creator>
		<pubDate>Sun, 19 Apr 2009 07:32:48 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-143100</guid>
		<description>Did the reporter mention what color the clothing of anyone &lt;b&gt;else&lt;/b&gt; in the audience was wearing?  Or even the color of what Palin was wearing?</description>
		<content:encoded><![CDATA[<p>Did the reporter mention what color the clothing of anyone <b>else</b> in the audience was wearing?  Or even the color of what Palin was wearing?</p>
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		<title>By: Liberals Make Great Speedbumps</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-143002</link>
		<dc:creator>Liberals Make Great Speedbumps</dc:creator>
		<pubDate>Sat, 18 Apr 2009 05:59:37 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-143002</guid>
		<description>Hi BillK,

I&#039;m not seeing the undercurrent in the tee shirt comment. I just see it as pointing out that the shirts were white. Who knows however, when the msm is involved.</description>
		<content:encoded><![CDATA[<p>Hi BillK,</p>
<p>I&#8217;m not seeing the undercurrent in the tee shirt comment. I just see it as pointing out that the shirts were white. Who knows however, when the msm is involved.</p>
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		<title>By: Liberals Make Great Speedbumps</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-143000</link>
		<dc:creator>Liberals Make Great Speedbumps</dc:creator>
		<pubDate>Sat, 18 Apr 2009 05:51:44 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-143000</guid>
		<description>PR,

It&#039;s up again, I just voted. Care to guess what I gave him?</description>
		<content:encoded><![CDATA[<p>PR,</p>
<p>It&#8217;s up again, I just voted. Care to guess what I gave him?</p>
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		<title>By: wardmama4</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142980</link>
		<dc:creator>wardmama4</dc:creator>
		<pubDate>Sat, 18 Apr 2009 02:18:58 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142980</guid>
		<description>Has the LA Times forgotten or shall I say overlooked that all these &#039;immigrants&#039; (NOT) illegal aliens committed a Federal Crime to even be in the US to be deported for a &#039;minor&#039; crime (and someone please explain to me how statutory rape is a minor crime).</description>
		<content:encoded><![CDATA[<p>Has the LA Times forgotten or shall I say overlooked that all these &#8216;immigrants&#8217; (NOT) illegal aliens committed a Federal Crime to even be in the US to be deported for a &#8216;minor&#8217; crime (and someone please explain to me how statutory rape is a minor crime).</p>
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		<title>By: wardmama4</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142978</link>
		<dc:creator>wardmama4</dc:creator>
		<pubDate>Sat, 18 Apr 2009 02:14:41 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142978</guid>
		<description>This disgusts me to no end - I wonder what ex-Marine Murtha promised the judge and how much the donation is that the judge promised ex-Marine Murtha for this little non-decision. 

If there is any justice at all - ex-Marine Murtha will be killed in cold blood.

You know what gets me, it is bad enough that Murtha is a corrupt politician but to be an ex-Marine and slander active duty Marines in a war zone is horrible but even worse is that this porkulus pig of an ex-Marine voted &lt;b&gt;Yea&lt;/b&gt; on the action in Iraq vote on 10 October 2002. 

He is a liar, a hypocrite, a slanderous corrupt old fool. I wish I could be a fly on the wall when this pos meets God - it would be worth every bit of pain and suffering I&#039;ve gone through in this life.</description>
		<content:encoded><![CDATA[<p>This disgusts me to no end &#8211; I wonder what ex-Marine Murtha promised the judge and how much the donation is that the judge promised ex-Marine Murtha for this little non-decision. </p>
<p>If there is any justice at all &#8211; ex-Marine Murtha will be killed in cold blood.</p>
<p>You know what gets me, it is bad enough that Murtha is a corrupt politician but to be an ex-Marine and slander active duty Marines in a war zone is horrible but even worse is that this porkulus pig of an ex-Marine voted <b>Yea</b> on the action in Iraq vote on 10 October 2002. </p>
<p>He is a liar, a hypocrite, a slanderous corrupt old fool. I wish I could be a fly on the wall when this pos meets God &#8211; it would be worth every bit of pain and suffering I&#8217;ve gone through in this life.</p>
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		<title>By: caligirl9</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142970</link>
		<dc:creator>caligirl9</dc:creator>
		<pubDate>Sat, 18 Apr 2009 00:40:10 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142970</guid>
		<description>Hmmmm, Confucius say 1.3 billion Chinese people can&#039;t be wrong ... *wink*</description>
		<content:encoded><![CDATA[<p>Hmmmm, Confucius say 1.3 billion Chinese people can&#8217;t be wrong &#8230; *wink*</p>
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		<title>By: BillK</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142968</link>
		<dc:creator>BillK</dc:creator>
		<pubDate>Sat, 18 Apr 2009 00:31:01 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142968</guid>
		<description>Sarah continues to be herself.

From a clearly depressed AP:

&lt;blockquote&gt;&lt;b&gt;Palin Stands Against Abortion During Ind. Speech&lt;/b&gt;

Governor Says &#039;Life Is Ordained, Life Is Precious&#039;

By Ken Kusmer

EVANSVILLE, Ind. -- &lt;b&gt;Alaska Gov. Sarah Palin, speaking at anti-abortion group&#039;s dinner, criticized President Barack Obama for supporting abortion rights and challenged the idea that unplanned pregnancies are a nuisance that can be solved by abortion.&lt;/b&gt;

Palin, the 2008 Republican vice presidential candidate, spoke to an overflow crowd organizers said numbered 3,000 at the Vanderburgh County Right to Life banquet Thursday night.

Some in the crowd wore white &quot;Palin 2012&quot; T-shirts. Earlier, &lt;b&gt;GOP National Chairman Michael Steele described her as one of the party&#039;s standard bearers, though he said it was too early to judge what her standing would be in three years&lt;/b&gt;.

Palin said the challenges she faced during her pregnancy with her son Trig, who was born with Down syndrome, gave her an opportunity to live out her anti-abortion beliefs. She said she prayed often during her pregnancy, especially after tests revealed that her son would be born with the condition.

&quot;The moment he was born, I knew that moment my prayers had been answered,&quot; Palin said. &quot;Trig is a miracle. He is the best thing that ever happened to me and I want other women to have that opportunity.&quot;

&lt;b&gt;She challenged the notion that children must be born perfect and that unplanned pregnancies are inconvenient and can be ended by abortion. &quot;I know for sure my son is perfect just as he is, made in the image of God,&quot; she said.&lt;/b&gt;

&lt;b&gt;She asked the crowd to keep working for the &quot;culture of life&quot; in America.&lt;/b&gt;

&quot;Life is ordained, life is precious,&quot; she said.

Palin said women who can&#039;t give birth should have the opportunity to adopt children who might otherwise be aborted. She mentioned that her own daughter Bristol became pregnant as an unmarried teen and has since given birth to a son.

Palin also took Obama to task for his support of abortion rights and embryonic stem-cell research.

&lt;b&gt;She said deciding when babies get human rights isn&#039;t above her pay grade -- a reference to Obama&#039;s response to a question from the Rev. Rick Warren last year.&lt;/b&gt; The Democrat said such questions were above his pay grade.

Palin received at least two standing ovations. After the speech, she addressed an overflow crowd in another room and thanked them for their support. &#133;

http://www.thedenverchannel.com/politics/19198919/detail.html&lt;/blockquote&gt;

How can you not love this woman?

Of course, the AP had to get their digs in:

&lt;blockquote&gt;Some Alaska lawmakers criticized Palin&#039;s decision to make the trip as the state Legislature approaches its Sunday deadline.&lt;/blockquote&gt;

As if the Governor of a state has anything to &lt;b&gt;do&lt;/b&gt; with the legislature other than sign things they pass.

Finally, I don&#039;t mean to be too &quot;tinfoil hat&quot; about this, but aside from trying to make some subtle racial comment, is there any reason the author even &lt;b&gt;mentioned&lt;/b&gt; the color of the tees:

&lt;blockquote&gt;Some in the crowd wore &lt;b&gt;white&lt;/b&gt; &quot;Palin 2012&quot; T-shirts.&lt;/blockquote&gt;</description>
		<content:encoded><![CDATA[<p>Sarah continues to be herself.</p>
<p>From a clearly depressed AP:</p>
<blockquote><p><b>Palin Stands Against Abortion During Ind. Speech</b></p>
<p>Governor Says &#8216;Life Is Ordained, Life Is Precious&#8217;</p>
<p>By Ken Kusmer</p>
<p>EVANSVILLE, Ind. &#8212; <b>Alaska Gov. Sarah Palin, speaking at anti-abortion group&#8217;s dinner, criticized President Barack Obama for supporting abortion rights and challenged the idea that unplanned pregnancies are a nuisance that can be solved by abortion.</b></p>
<p>Palin, the 2008 Republican vice presidential candidate, spoke to an overflow crowd organizers said numbered 3,000 at the Vanderburgh County Right to Life banquet Thursday night.</p>
<p>Some in the crowd wore white &#8220;Palin 2012&#8243; T-shirts. Earlier, <b>GOP National Chairman Michael Steele described her as one of the party&#8217;s standard bearers, though he said it was too early to judge what her standing would be in three years</b>.</p>
<p>Palin said the challenges she faced during her pregnancy with her son Trig, who was born with Down syndrome, gave her an opportunity to live out her anti-abortion beliefs. She said she prayed often during her pregnancy, especially after tests revealed that her son would be born with the condition.</p>
<p>&#8220;The moment he was born, I knew that moment my prayers had been answered,&#8221; Palin said. &#8220;Trig is a miracle. He is the best thing that ever happened to me and I want other women to have that opportunity.&#8221;</p>
<p><b>She challenged the notion that children must be born perfect and that unplanned pregnancies are inconvenient and can be ended by abortion. &#8220;I know for sure my son is perfect just as he is, made in the image of God,&#8221; she said.</b></p>
<p><b>She asked the crowd to keep working for the &#8220;culture of life&#8221; in America.</b></p>
<p>&#8220;Life is ordained, life is precious,&#8221; she said.</p>
<p>Palin said women who can&#8217;t give birth should have the opportunity to adopt children who might otherwise be aborted. She mentioned that her own daughter Bristol became pregnant as an unmarried teen and has since given birth to a son.</p>
<p>Palin also took Obama to task for his support of abortion rights and embryonic stem-cell research.</p>
<p><b>She said deciding when babies get human rights isn&#8217;t above her pay grade &#8212; a reference to Obama&#8217;s response to a question from the Rev. Rick Warren last year.</b> The Democrat said such questions were above his pay grade.</p>
<p>Palin received at least two standing ovations. After the speech, she addressed an overflow crowd in another room and thanked them for their support. &#8230;</p>
<p><a href="http://www.thedenverchannel.com/politics/19198919/detail.html" rel="nofollow">http://www.thedenverchannel.co.....etail.html</a></p></blockquote>
<p>How can you not love this woman?</p>
<p>Of course, the AP had to get their digs in:</p>
<blockquote><p>Some Alaska lawmakers criticized Palin&#8217;s decision to make the trip as the state Legislature approaches its Sunday deadline.</p></blockquote>
<p>As if the Governor of a state has anything to <b>do</b> with the legislature other than sign things they pass.</p>
<p>Finally, I don&#8217;t mean to be too &#8220;tinfoil hat&#8221; about this, but aside from trying to make some subtle racial comment, is there any reason the author even <b>mentioned</b> the color of the tees:</p>
<blockquote><p>Some in the crowd wore <b>white</b> &#8220;Palin 2012&#8243; T-shirts.</p></blockquote>
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		<title>By: Confucius</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142966</link>
		<dc:creator>Confucius</dc:creator>
		<pubDate>Sat, 18 Apr 2009 00:04:46 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142966</guid>
		<description>&quot;Mr Sarkozy was apparently irked by media reports that Mr Obama had saved the day in London by persuading President Hu of China to reach a compromise with France over tax havens.&quot;

I&#039;m glad you found this story, caligirl9.

I read Xinhua&#039;s coverage of the G-20 summit.  There was no mention of a kerfuffle between Hu and Sarkozy; certainly, there was no mention of Obama&#039;s saving-the-day.  Xinhua&#039;s take was that Hu got everything he wanted.

By the way, I would like to tell you (and everyone else here) what the Chinese really think of Obama, but that she-male Janet Napolitano might label me a racist white supremacist.</description>
		<content:encoded><![CDATA[<p>&#8220;Mr Sarkozy was apparently irked by media reports that Mr Obama had saved the day in London by persuading President Hu of China to reach a compromise with France over tax havens.&#8221;</p>
<p>I&#8217;m glad you found this story, caligirl9.</p>
<p>I read Xinhua&#8217;s coverage of the G-20 summit.  There was no mention of a kerfuffle between Hu and Sarkozy; certainly, there was no mention of Obama&#8217;s saving-the-day.  Xinhua&#8217;s take was that Hu got everything he wanted.</p>
<p>By the way, I would like to tell you (and everyone else here) what the Chinese really think of Obama, but that she-male Janet Napolitano might label me a racist white supremacist.</p>
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		<title>By: caligirl9</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142962</link>
		<dc:creator>caligirl9</dc:creator>
		<pubDate>Fri, 17 Apr 2009 23:42:41 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142962</guid>
		<description>In regards to the statement: They bar lenders from making loans without proof of a borrower&#039;s income and would require lenders to make sure risky borrowers set aside money to pay for taxes and insurance—Methinks that horse has left the barn ... 
The banks don&#039;t need regulating per se ... they need to return to sound business practices, period. That simple. Stop making bad loans on bad investments.</description>
		<content:encoded><![CDATA[<p>In regards to the statement: They bar lenders from making loans without proof of a borrower&#8217;s income and would require lenders to make sure risky borrowers set aside money to pay for taxes and insurance—Methinks that horse has left the barn &#8230;<br />
The banks don&#8217;t need regulating per se &#8230; they need to return to sound business practices, period. That simple. Stop making bad loans on bad investments.</p>
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		<title>By: caligirl9</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142961</link>
		<dc:creator>caligirl9</dc:creator>
		<pubDate>Fri, 17 Apr 2009 23:39:05 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142961</guid>
		<description>I have yet to read of any account in any media, liberal, conservative or otherwise, that even mentions a &quot;racist&quot; agenda to the Tea party.

Because we disagree with the policies of a president who happens to be black that makes us racist?

I know that many people voted for TCO to &quot;prove&quot; they were open-minded. What a stupid reason to vote for anyone!

I guess we should have been having Tea Parties when Bush was in office, we bad!</description>
		<content:encoded><![CDATA[<p>I have yet to read of any account in any media, liberal, conservative or otherwise, that even mentions a &#8220;racist&#8221; agenda to the Tea party.</p>
<p>Because we disagree with the policies of a president who happens to be black that makes us racist?</p>
<p>I know that many people voted for TCO to &#8220;prove&#8221; they were open-minded. What a stupid reason to vote for anyone!</p>
<p>I guess we should have been having Tea Parties when Bush was in office, we bad!</p>
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		<title>By: proreason</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142960</link>
		<dc:creator>proreason</dc:creator>
		<pubDate>Fri, 17 Apr 2009 23:16:14 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142960</guid>
		<description>billk:  &quot;Or, the rules banks themselves used before forced to issue loans to people who didn’t qualify by groups like ACORN.&quot;

yep.  The mortgage industry was the most conservative business in the world until, untouched by political hands, they turned into riverboat gamblers suddenly in the 90&#039;s.  And of course, the elixer the greedy bastards all saw was the opportunity to lend money to people who would never pay it back.  Greedy and dumb.

But with a guy like Ben at the helm, we&#039;ll fix that problem with the free market system.

Why, just the other day, he informed us that ALL the problems we have today are with greedy capatalists who were completely uncontrolled by our diligent but overworked regulators.  Who knew?  and what a relief to know someone like Ben fully understands the problem.

And thank god he was able to steer Dubya so wisely to the TARP bailout just 6 weeks before the election.</description>
		<content:encoded><![CDATA[<p>billk:  &#8220;Or, the rules banks themselves used before forced to issue loans to people who didn’t qualify by groups like ACORN.&#8221;</p>
<p>yep.  The mortgage industry was the most conservative business in the world until, untouched by political hands, they turned into riverboat gamblers suddenly in the 90&#8217;s.  And of course, the elixer the greedy bastards all saw was the opportunity to lend money to people who would never pay it back.  Greedy and dumb.</p>
<p>But with a guy like Ben at the helm, we&#8217;ll fix that problem with the free market system.</p>
<p>Why, just the other day, he informed us that ALL the problems we have today are with greedy capatalists who were completely uncontrolled by our diligent but overworked regulators.  Who knew?  and what a relief to know someone like Ben fully understands the problem.</p>
<p>And thank god he was able to steer Dubya so wisely to the TARP bailout just 6 weeks before the election.</p>
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		<title>By: proreason</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142958</link>
		<dc:creator>proreason</dc:creator>
		<pubDate>Fri, 17 Apr 2009 23:08:00 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142958</guid>
		<description>lol.

But I couldn&#039;t vote.  Maybe they shut it down.

I&#039;m surprised you can still see the results.</description>
		<content:encoded><![CDATA[<p>lol.</p>
<p>But I couldn&#8217;t vote.  Maybe they shut it down.</p>
<p>I&#8217;m surprised you can still see the results.</p>
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		<title>By: BillK</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142957</link>
		<dc:creator>BillK</dc:creator>
		<pubDate>Fri, 17 Apr 2009 23:06:28 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142957</guid>
		<description>From an excited AP, a reminder that regulation will solve &lt;b&gt;everything&lt;/b&gt;:

&lt;blockquote&gt;&lt;B&gt;Bernanke: financial innovation needs regulation&lt;/b&gt;

WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke said Friday that &lt;b&gt;financial innovation is good for the economy but must be accompanied by proper regulation&lt;/b&gt;.

&lt;b&gt;New financial products, such as subprime mortgages and structured investment vehicles, have become symbols of the economic crisis. The challenge for the government is to come up with regulations that protect consumers without stifling innovation, the Fed chief said.&lt;/b&gt;

&quot;As we have seen all too clearly during the past two years, &lt;b&gt;innovation that is inappropriately implemented can be positively harmful&lt;/b&gt;,&quot; Bernanke said in a speech to a Fed conference. &quot;It would be unwise to try to stop financial innovation, but we must be more alert to its risks and the need to manage those risks properly.&quot;

The central bank already is moving in that direction. The Fed and other regulators last year put forward credit card rules that were seen as the biggest clampdown in decades, seeking to protect consumers from companies that arbitrarily raise interest rates or don&#039;t give borrowers adequate time to pay their bills. But those rules don&#039;t take effect until next year.

The central bank also approved new regulations aimed at curbing abuses on home mortgages. &lt;b&gt;They bar lenders from making loans without proof of a borrower&#039;s income and would require lenders to make sure risky borrowers set aside money to pay for taxes and insurance.&lt;/b&gt;

However, critics complained that federal regulators have moved too slowly and not done enough in the face of heavy lobbying from financial services firms. On the housing front, critics contend that a more vigilant Fed might have prevented the worst abuses during the boom when borrowers got homes they clearly could not afford, often under terms they did not fully understand.

In his speech, Bernanke said regulators need to watch closely &lt;b&gt;to ensure that complex financial products and services are explained in ways that consumers can understand&lt;/b&gt;. &#133;

http://www.9news.com/money/article.aspx?storyid=113992&amp;catid=344&lt;/blockquote&gt;

&lt;blockquote&gt;&quot;Regulators need to watch closely &lt;b&gt;to ensure that complex financial products and services are explained in ways that consumers can understand&lt;/b&gt;.&quot;&lt;/blockquote&gt;

The same Americans who think that government spending will somehow get us out of an economic downturn?  Good luck with that.

But more importantly:

&lt;blockquote&gt;&lt;b&gt;They bar lenders from making loans without proof of a borrower&#039;s income and would require lenders to make sure risky borrowers set aside money to pay for taxes and insurance.&lt;/b&gt;&lt;/blockquote&gt;

Or, the rules &lt;b&gt;banks themselves used&lt;/b&gt; before forced to issue loans to people who didn&#039;t qualify by groups like ACORN.

Got it.

Mr. Bernanke, I think the President&#039;s &quot;community organizers&quot; would like to have a word with you.</description>
		<content:encoded><![CDATA[<p>From an excited AP, a reminder that regulation will solve <b>everything</b>:</p>
<blockquote><p><b>Bernanke: financial innovation needs regulation</b></p>
<p>WASHINGTON (AP) &#8211; Federal Reserve Chairman Ben Bernanke said Friday that <b>financial innovation is good for the economy but must be accompanied by proper regulation</b>.</p>
<p><b>New financial products, such as subprime mortgages and structured investment vehicles, have become symbols of the economic crisis. The challenge for the government is to come up with regulations that protect consumers without stifling innovation, the Fed chief said.</b></p>
<p>&#8220;As we have seen all too clearly during the past two years, <b>innovation that is inappropriately implemented can be positively harmful</b>,&#8221; Bernanke said in a speech to a Fed conference. &#8220;It would be unwise to try to stop financial innovation, but we must be more alert to its risks and the need to manage those risks properly.&#8221;</p>
<p>The central bank already is moving in that direction. The Fed and other regulators last year put forward credit card rules that were seen as the biggest clampdown in decades, seeking to protect consumers from companies that arbitrarily raise interest rates or don&#8217;t give borrowers adequate time to pay their bills. But those rules don&#8217;t take effect until next year.</p>
<p>The central bank also approved new regulations aimed at curbing abuses on home mortgages. <b>They bar lenders from making loans without proof of a borrower&#8217;s income and would require lenders to make sure risky borrowers set aside money to pay for taxes and insurance.</b></p>
<p>However, critics complained that federal regulators have moved too slowly and not done enough in the face of heavy lobbying from financial services firms. On the housing front, critics contend that a more vigilant Fed might have prevented the worst abuses during the boom when borrowers got homes they clearly could not afford, often under terms they did not fully understand.</p>
<p>In his speech, Bernanke said regulators need to watch closely <b>to ensure that complex financial products and services are explained in ways that consumers can understand</b>. &#8230;</p>
<p><a href="http://www.9news.com/money/article.aspx?storyid=113992&amp;catid=344" rel="nofollow">http://www.9news.com/money/art.....;catid=344</a></p></blockquote>
<blockquote><p>&#8220;Regulators need to watch closely <b>to ensure that complex financial products and services are explained in ways that consumers can understand</b>.&#8221;</p></blockquote>
<p>The same Americans who think that government spending will somehow get us out of an economic downturn?  Good luck with that.</p>
<p>But more importantly:</p>
<blockquote><p><b>They bar lenders from making loans without proof of a borrower&#8217;s income and would require lenders to make sure risky borrowers set aside money to pay for taxes and insurance.</b></p></blockquote>
<p>Or, the rules <b>banks themselves used</b> before forced to issue loans to people who didn&#8217;t qualify by groups like ACORN.</p>
<p>Got it.</p>
<p>Mr. Bernanke, I think the President&#8217;s &#8220;community organizers&#8221; would like to have a word with you.</p>
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		<title>By: canary</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142956</link>
		<dc:creator>canary</dc:creator>
		<pubDate>Fri, 17 Apr 2009 22:53:23 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142956</guid>
		<description>Awesome chance to give Obama a grade on how he is doing. So far he is getting a F. Be sure and vote. 

http://www.msnbc.msn.com/id/29493093/</description>
		<content:encoded><![CDATA[<p>Awesome chance to give Obama a grade on how he is doing. So far he is getting a F. Be sure and vote. </p>
<p><a href="http://www.msnbc.msn.com/id/29493093/" rel="nofollow">http://www.msnbc.msn.com/id/29493093/</a></p>
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		<title>By: canary</title>
		<link>http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142955</link>
		<dc:creator>canary</dc:creator>
		<pubDate>Fri, 17 Apr 2009 22:41:04 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/selected-news-for-the-week-apr-11-apr-17#comment-142955</guid>
		<description>Bilk, didn&#039;t see your post or I&#039;d have just added the later information gained, that the &quot;increase invasion and spying&quot; was under &quot;Obama&#039;s rule&quot;.</description>
		<content:encoded><![CDATA[<p>Bilk, didn&#8217;t see your post or I&#8217;d have just added the later information gained, that the &#8220;increase invasion and spying&#8221; was under &#8220;Obama&#8217;s rule&#8221;.</p>
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