
Obama signed the law in a ceremony in the Rosedal of the White House, sign of the importance that it grants him(her). Though many financial companies objected, the Congress approved it with wide support.
The president clarified that his(her,your) intention is not to help whom they spend(consume) over his(her,your) means with " irresponsible expenses and expressions of desires (...) Some of them get of head into deep waters for not using the head ", said Obama. " I will be clear: we do not forgive and protect the people who acts irresponsibly ".
Nevertheless, it(he,she) annotated, for million Americans who use credit cards and take the accounts(bills), the companies have impeded them to go out of obligations. Obama said that great " they remained caught " due to the economic crisis that has upset the familiar(family) budgets. But also " it(he,she) owes partly to the practices of the companies ".
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