To call that a 'contract' is, you know, flattery taken to a different level. I mean, that is just--that is a joke.
Bill Delahunt: “To call that a 'contract' is, you know, flattery taken to a different level. I mean, that is just--that is a joke.”
Editor's note · Context
Delahunt criticizes the characterization of credit card agreements as contracts.
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I wanted to note that in hearings before the Committee which I Chaired there were a number of military prosecutors that testified that described that entire process as a sham, a joke and a fraud being perpetrated.
I think it says something about our system, our political system and how, you know, how there are powerful interests that oftentimes, I believe, don't really understand their own interests in the long term.
It isn't about government overregulating. It is government abdicating its responsibility to supervise.
God forbid they have a total collapse on the real estate market, we are going to be back to where we were in September of 2008.





