...so objectionable about the original post.
The OP did NOT just inquire about the CFPB. She went much further, ie:
***the near future until it is straightened out.***
***More government money going out ...***
The CFPB is a consumer protection agency whose purpose is to be a voice for those of us who have bank accounts, credit cards, revolvin accounts, etc. It doesn't need to be "straightened out." What it needs is for those of us who will benefit from it to support it.
For the past year, Republicans have opposed the appointment of a director of the agency. Those who have been loudest in opposition to its role are those who have received the largest contributions from the banking industry. And, as we are having this discussion today, they are still seeking to gut the one agency that will be a voice for consumers in the financial industry.
Among other things, the CFPB is formulating rules that will require that those incomprehensible credit card and bank account agreements be written in language the average person can understand. It doesn’t need any straightening out. And yes, “more government money will be going out,” just as government money goes out to provide air traffic controllers when you fly and provide pavement under your tires when you drive.
For a year, the CFPB has been one of the hottest issues on Capitol Hill. Was the original post political? You’re darned right it was. And what I have observed about such posts is that they are almost always by those whose politics oppose things such as the CFPB.
The posts did not belong here. |
| Messages in this Thread |
|  Consumer Financial Protection Bureau - Kathryn on 7/22/11 7:07pm |
|  Re: Consumer Financial Protection Bureau - Kathryn on 7/22/11 7:15pm |
|  FWIW, the Consumer Financial Protection Bureau... -  HisHughness on 7/22/11 7:54pm |
|  Re: FWIW, the Consumer Financial Protection Bureau... - Belinda/CA on 7/22/11 11:15pm |
|  Re: FWIW, the Consumer Financial Protection Bureau... - HisHughness on 7/22/11 11:34pm |
|  See JPOL MSG 41100 n/m - bagger on 7/23/11 8:58am |
| Re: FWIW, the Consumer Financial Protection Bureau... - topflyt on 7/22/11 11:53pm |
| Re: Sorry they're so rude, I found it helpful :-) - NotaryMot/CA on 7/23/11 1:04am |
| Re: Sorry they're so rude, I found it helpful :-) - HisHughness on 7/23/11 1:27am |
| Okay..I'll probably get my head ripped off here but - Linda_H/FL on 7/23/11 8:15am |
| Re:Soooooo........ - LisaWI on 7/23/11 8:53am |
| Maybe this will help...I need to look into it too - Linda_H/FL on 7/23/11 9:03am |
|  Re: Maybe this will help...I need to look into it too - LisaWI on 7/23/11 10:37am |
| Re: Okay..I'll probably get my head ripped off here but - Sandra Clark on 7/23/11 9:12am |
| Re: Okay..I'll probably get my head ripped off here but - jnew on 7/23/11 12:16pm |
| NotaryMot/CA, you said "I think some of these guys have - Susan Fischer on 7/23/11 9:30am |
| Re: Consumer Financial Protection Bureau - Sandra Clark on 7/23/11 9:08am |
 | OK, let me explain what I found, and still find... - HisHughness on 7/23/11 9:53am |
| Quote the whole thing, Hugh, if you're going to quote - Linda_H/FL on 7/23/11 10:00am |
| Enough already - HisHughness on 7/23/11 10:26am |
| Ummm - Linda_H/FL on 7/23/11 10:51am |
| You might as well give up Linda - bagger on 7/23/11 11:15am |
|  If politics don't belong on this string - Belinda/CA on 7/23/11 11:23am |
| Re: Consumer Financial Protection Bureau - JanetK_CA on 7/23/11 6:21pm |
| Without getting into the politics of it.... - MikeC/NY on 7/23/11 10:14pm |
