Less Political

Just saw the cartoon above and it’s perfect for my inner thoughts the past few days.

I made a tiny reference to the Romney Etch A Sketch gaffe in my WeeklyBasis rate market report Sunday and summarily lost the most Twitter followers I’ve ever lost in one day.

And my comment wasn’t even pointed. It was a passing crack about a screw up by a Romney aide that I found entertaining. That’s mostly what politics is to me: entertainment.

The rest is just compliance with industry rules regardless of any sitting or future administration.

Finance pros that fight regulation today will still be fighting in the afterlife, and they won’t have gained shit. What’s the point? Regs are regs. And even if they don’t benefit the consumer, like so many of Finreg’s mortgage rules don’t, we in the trenches aren’t going to change them.

So comply, serve your clients, end of story.

And don’t tell me that a Right or a Left administration makes a bit of difference. We’d still have Finreg in roughly the same form regardless of the sitting administration because bank lobbyists crafted most of its final provisions, not politicians.

So after regaining most of my lost followers in the past couple days, I’ve been thinking about whether I’d steer clear of all political references going forward.

But it’s an election year so that’s impossible. I’ll continue to call out gaffes I enjoy on both sides and also discuss regulations.

And if you don’t like it and unfollow me, that’s ok. I’ll still be here when you check back.

  • http://www.royalessays.com/ royalessays.com

    I have been happy to oversee that folks are in fact writing regarding this theme in such a smart way, showing us all different sides to it. You are a great blogger. Please keep it up.

  • http://www.my-writing-service.com/original_written_papers Original-Written Papers

    I am mcuh amazed i have come across your blog site.

 
Processing your request...

 

 

Professional Basis Login

 

|

Retrieve Your Login Information

Please enter the email address associated with your Professional Basis account. Your login information will be sent at that address.

|