Even After the fiasco at the banks under Republicans, they still say we don't need

[Fly in the Ointment]

nore reg's, do you agree? Heres what Bachus the chairman of the Banking comittee says about regulations:“In Washington, the view is that the banks are to be regulated, and my view is that Washington and the regulators are there to serve the banks,”

They are totally against a consumer protection agency that regulates banks and they think regulators are there to "serve" the banks and not consumers.

Obama will appoint Elizabeth Warren to head this agency, Republicans wanted anyone but her...why?