deepak, you work in washington. you guys have done a lot of stuff. how do you deal with the fact that we have this short attention span and you can martial people for the fight to pass the affordable care act but you can t martial them to carefully watch the first rule issued by cms but you can t martial them to look at the first rule of the federal reserve on card swipe fees while the other side certainly can martial attention to that. this is a really big deal. what the president did was outstanding. he took a stand for the 99% against the 1%. it has to be a permanent campaign against these interests. banks own the office of the comp controller of the currency. they sit on the boards of the local federal reserve boards. so the people have a regulator that can protest their interest on outrageous fees. something that s more important in my estimation, most americans
hammer out is this new financial reform that s going to change everything you touch with regards to consumer contracts. mortgages. credit cards. i mean you name it, it s in here except for auto loans, by the way. they are exempt from all this. what s in the bill? a consumer protection agency, you can get a free credit score if you lose a job offer because of your credit history. or if you are denied a loan because of your credit history, you will be able to see your credit score for free. there will be limits on card swipe fees. this is something retailers have been pushing for. when you buy something at a retailer of the credit card companies they pay 1% to 3%. they always complain. that s why some don t carry american express. that s why sometimes you get a discount for cash because they don t have to pay those swipe fees. there is a ban on liar loans. thank goodness. it is like a ban on stupid y stupidity. these liar loans are what really got us in a lot of trouble, mort
versus diffuse once. deepak, you work in washington. you guys have done a lot of stuff. how do you deal with the fact that we have this short attention span and you can martial people for the fight to pass the affordable care act but you can t martial them to carefully watch the first rule issued by cms but you can t martial them to look at the first rule of the federal reserve on card swipe fees while the other side certainly can martial attention to that. this is a really big deal. what the president did was outstanding. he took a stand for the 99% against the 1%. it has to be a permanent campaign against these interests. banks own the office of the comp controller of the currency. they sit on the boards of the local federal reserve boards. so the people have a regulator that can protest their interest on outrageous fees. something that s more important