10-29-09, Bachus Rejects Frank’s Assertion Regarding Credit Czar |
October 29, 2009
WASHINGTON - Congressman Spencer Bachus, the Ranking Republican on the House Financial Services Committee, made the following response to Chairman Barney Frank's statement that "Going from a single executive able to act promptly and efficiently to a five-member commission with staggered terms will weaken the capacity of the agency to provide consumer protection."
‘Whenever you have an efficient government you have a dictatorship.' Harry S Truman (1884 - 1972), Lecture at Columbia University, 28 Apr. 1959 |