Well, the good 'ole US Govt is on a roll. Last week the President proposed more sweeping changes in government regulation. They propose creating  an independent and powerful "Consumer Financial Product Safety Commission" to regulate financial products such as mortgages and credit card. Now, I do not know about you, but I have very little faith in the government's ability to meddle in any business. Just look at some of the businesses they have meddled in, railroads and postal service for instances. Not exactly success stories! And they have a large portion of the blame for the crisis we are now knee deep in. The government complains bitterly about the subprime loans that were developed in the '90's and grew to terrible proportions in the early 2000's. Yet, it was Barney Frank and the banking committee who got the ball rolling to begin with. They complained and finally got Fannie Mae and Freddie Mac to lower the standards for home loans citing the lack of ethnic people's able to qualify for home loans. Once Freddie and Fannie lowered their standards, the rest of the mortgage industry had to get on board or be crushed by these quasi government entities. So, we ended up giving 100% loans and low interest rates to less than qualified borrowers. I can't wait to see what this new "Commission" comes up with to "help" consumers with new mortgages and credit cards. It scares me to death!!