Seriously, consumers are reveling in new regulations that force banks to dramatically hike fees and ban credit cards for stay-at-home parents.
No, Americans want more regulations. So President Obama is happily obliging by suggesting that debt collectors be allowed to robo-call consumers' cellphones:
To the dismay of consumer groups and the discomfort of Democrats, President Barack Obama wants Congress to make it easier for private debt collectors to call the cellphones of consumers delinquent on student loans and other billions owed the federal government...
...The little-noticed recommendation would apply only to cases in which money is owed the government, and is tucked into the mammoth $3 trillion deficit-reduction plan the president submitted to Congress.
Despite the claim, the administration has not yet developed an estimate of how much the government would collect, and critics reject the logic behind the recommendation.
"Enabling robo-calls (to cellphones) is just going to lead to more harassment and abuse, and it's not going to help the government collect more money," said Lauren Saunders of the Boston-based National Consumer Law Center. "People aren't paying their student loans because they can't find a job."
President Subprime McDowngrade is really doing a bang-up job: not only is he killing jobs with out-of-control bureaucracies like the NLRB and the EPA, he's letting new swarms of debt collectors run wild on the little people.
Now I know this comes as quite a shock for liberals, but here's the real headline: Inexperienced, un-vetted community organizer makes surprisingly lousy president.