ABOLISHtheU.S.

To Save America, We Must Abolish the United States

 

 

 

The Christmas Conspiracy!
Federal Issues
MONEY AND FINANCE
Financial Deregulation



The 108th Congress should
  • extend the Gramm-Leach-Bliley Act (1999) to all banking institutions and remove Community Reinvestment Act compliance;
  • repeal the Community Reinvestment Act (1977) to allow fair and competitive lending while eliminating the unnecessary burden of paperwork imposed on banking institutions and regulatory agencies;
  • eliminate mandatory federal deposit insurance, allow competition, and privatize the Federal Deposit Insurance Corporation; and
  • enact the Bankruptcy Reform Act with stronger provisions to prevent those debtors who can repay their obligations from abusing the system.


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