Posted by: arnegrim | July 12, 2010

Financial regulations… but don’t restrict the babies…

“Republican Sen. Olympia Snowe of Maine says she will vote to overhaul financial regulations, pushing the legislation to the verge of final passage and a victory for President Barack Obama.”

http://news.yahoo.com/s/ap/20100712/ap_on_go_co/us_financial_overhaul

Why do they insist on passing such broad regulations while excusing Freddie and Fannie?

Freddie and Fannie are killing the ability for homeowners to make energy improvements to their homes… thus killing jobs and increased property values… meanwhile they are hemorrhaging $$.

http://www.sacbee.com/2010/07/07/2875614/mortgage-lenders-against-loan.html?storylink=lingospot

http://www.sacbee.com/2010/07/07/2875372/regulators-discourage-loans-for.html

This last is the program offered by my county…

http://www.sacbee.com/2010/07/07/2872974/placer-county-halts-solar-loan.html

One amendment to the above article… the commercial sector has also been affected and no program is available for them either.


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