The Wall Street Journal has an electronic poll (new out just this morning) asking whether or not auto dealers should be exempted from the federal legislation
creating the new consumer financial protection agency.

It has only started, yet the ‘No’ votes are ahead of our preference ‘YES’ votes.

Please go online through the attached link and weigh in “YES” in favor of the dealer exemption.  Also please forward internally to client dealers and as many
knowledgeable dealership personnel who would be reliable YES vote submitters as well. 

Should auto dealers be exempt from regulation by the Consumer Financial Protection Bureau, as proposed in the House's financial reform package?

http://online.wsj.com/community/groups/question-day-229/topics/shou...

As Ben Bernanke, Barney Frank and Timothy Geithner help shape the financial-regulation overhaul in Congress, people who know them say they may be willing to negotiate on parts
of the bill they don't view as core, while being intractable on pieces they view as elemental.  That could mean agreeing to allow auto dealers to be exempt from new lending rules.

Should auto dealers be exempt? color:#1F497D"">  

Would the new rules prevent them from lending to otherwise qualified customers with troubled credit, and prevent people from getting the automobiles they need?

Would the regulatory oversight strain the auto industry, still struggling to emerge from the credit crisis?

PLEASE SEND ME AN EMAIL AS TO WHEN YOU HAVE RESPONDED – 

tim.jackson@coloradodealers.org .

Thanks in advance,

Tim