Obama Presses GOP on Consumer Watchdog Delay

December 15, 2011 Off By administrator

Obama Presses GOP on Consumer Watchdog Delay
News from ABC News:

President Barack Obama isn’t backing down from demanding that Republicans confirm his pick to head a new consumer watchdog office, saying GOP lawmakers are depriving middle-class Americans of better protection against the kind of deceptive business practices that contributed to the financial meltdown.

Every day that the country must wait for a director of the Consumer Financial Protection Board “is another day that dishonest businesses can target and take advantage of students, seniors and service members,” Obama said Saturday in his weekly radio and Internet address.

“So I refuse to take ‘no’ for an answer. Financial institutions have plenty of high-powered lawyers and lobbyists looking out for them. It’s time consumers had someone on their side.”

Senate Republicans this past week blocked Obama’s appointment of Richard Cordray, a former Ohio attorney general, to lead an agency they said had been given too much power and too little accoun…………… continues on ABC News

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Ryanair named second-worst short-haul airline by consumer watchdog
News from thejournal.ie:

Ryanair chief Michael O’Leary won’t be happy (File photo)

Image: Sasko Lazarov/Photocall Ireland

BUDGET AIRLINE RYANAIR has been named the second-worst short-haul carrier by a consumer watchdog.

The company scored a satisfaction rating of just 38 per cent from a panel of over 8,000 members of Which?, a British consumer watchdog.

Ryanair came just behind Thomas Cook, the worst-rated short-haul airline, which received a rating of just 37 per cent.

In contrast, Aer Lingus came second overall in the study to find the best short-haul carrier with a satisfaction rating of 67 per cent.

The Irish airline was behind Swiss International Air Lines, which had a rating of 76 per cent.

Ryanair received just one star out of five from panel members for its…………… continues on thejournal.ie

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