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Where to put the new Consumer Financial Protection Agency (CFPA), which will centralize the writing and (to some degree) enforcement of federal financial regulations on such things as mortgages, savings accounts, and consumer debt. Should it be an independent agency, like the Securities and Exchange Commission, or a subunit of the Treasury Department or the Federal Reserve?

consumer protection regulation reform monopolies anti-trust health public media broadband internet tax budget policy education transportation infrastructure megacorp megabank megagov megawealth megapower consumer protection reform oversight watchdog cartel cartels monopoly corporatism corporatist feudal neofeudalism finance banks financial economy economic

With the U.S. economy still the driver of global demand (and retaining its hegemonic dollar position), consumer retrenchment in the U.S. could pose a serious threat to global stability

"In 2005 private student loans were exempted of ALL consumer protections. No matter when their loans were taken, many borrowers now find themselves in a paralyzing predicament of repaying two, three or multiple times the original amount borrowed, with no bankruptcy protection, no cap on fees and penalties and no recourse to the law. The consequences are dire, with stories of borrowers in financial and emotional ruin."

"Caught in the consumer trap? Radical Homemaker Shannon Hayes discovered that producing what she needs at home lets her live on a fraction of what she thought she needed. "

"You don't have to wait to use plain language in your dealings with consumers. You don't have to wait to put the 2009 bonuses of your senior executives up for a shareholder vote," Obama said. "You don't have to wait for a law to overhaul your pay system so that folks are rewarded for long-term performance instead of short-term gains."

Agenda: Developments in Financial Markets and the Federal Reserve's Balance Sheet , Term Asset-Backed Securities Loan Facility (TALF), Overall Economy and Consumer Spending, Federal Funds Rate and Unexpected Declines, LIBOR, Broad Stock Price Indices,

Isn't it fiinally time to enact a "basic income guarantee"? The lack of individual and family income security in the midst of a highly-developed economy is a travesty under any circumstances. But the contradiction of "poverty in the midst of plenty" that has plagued the world since the start of the Industrial Revolution is becoming much more grave in the U.S. and abroad. The problem, of course, is one of distribution of earnings, and excess production capacity relative to available income... Winston Churchill gave eloquent testimony to this conundrum of the modern age when delivering the Romanes Lecture at Oxford University on June 19, 1930. This was a few months after the crash of the U.S. stock market marked the start of the Great Depression. Churchill said: "Who would have thought that it would be easier to produce by toil and skill all the most necessary or desirable commodities than it is to find consumers for them? Who would have thought that cheap and abundant supplies of all the basic commodities would find the science and civilization of the world unable to utilize them? Have all our triumphs of research and organization bequeathed us only a new punishment: the Curse of Plenty? Are we really to believe that no better adjustment can be made between supply and demand? Yet the fact remains that every attempt has failed. Many various attempts have been made, from the extremes of Communism in Russia to the extremes of Capitalism in the United States. They include every form of fiscal policy and currency policy. But all have failed, and we have advanced little further in this quest than in barbaric times. Surely it is this mysterious crack and fissure at the basis of all our arrangements and apparatus upon which the keenest minds throughout the world should be concentrated.

The way mortgages are bundled and resold, it can be enormously time-consuming just trying to determine what company holds the loan on a property thought to be in foreclosure. ___In Ms. James's case, the company that was most recently servicing her loan is now defunct. Its parent company filed for bankruptcy and dissolved. And the original bank that sold her the loan said it could not find a record of it.

Sold Out~How Wall Street & Washington Betrayed America

Liberal democracy ,and even republican self-governance, have always depended on beliefs and civic virtues which the liberal state itself is constitutionally unable to nourish or enforce -- and which big-corporate employment and consumer marketing, quite as much big-government social engineering, does a lot to undermine.

Entire Issue. Article titles: UN & Civil Society; Civil Society & Media Freedom; Religion in it's Place; Women, Civil Society, & NGOs in Post-Soviet Azerbaijan; Lazarus Rising: Civil Society & Sierra Leone's Rise from the Grave; Framing Democracy: Civil Society & Civic Movements in Eastern Europe; American Creed: Philanthropy & Rise of Civil Society (1700-1865), etc.

Reviews changes in the financial condition of U.S. families, including developments in assets, liabilities, and debt payments.

Be careful. Be very careful.