Lindsey Graham: Consumer Protection Bureau 'Is Something Out Of The Stalinist Era'

Discussion in 'Politics' started by J.E.D, Dec 11, 2011.

  1. J.E.D
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    J.E.D What's tha matta?

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    Sen Lindsey Graham seems to think that the new consumer protection bureau is tantamount to a communist takeover. At least that's the excuse he's using for opposing a single director for the agency. He - and presumably the entire GOP - would prefer that a board of bank regulators have veto power over the agency's decisions (really). He also wants Congress to be able to restrict the agency's funding. Graham doesn't seem to get (or care) that the entire reason for the agency's existence is to give consumer's an independent voice to fight for their rights and to protect them from predatoty lending and other practices that lead to the financial meltdown. The scenario that Graham envisions would leave the agency open to lobbyists, cronyism and Congressional meddling.

     
  2. The Rabbi
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    The Rabbi Diamond Member

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    He's right. The agency is unaccountable and probably unconstitutional. It's budget is not voted on by Congress.
     
  3. WillowTree
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    WillowTree Diamond Member

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    cut and paste? what you don't have a brain?
     
  4. J.E.D
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    J.E.D What's tha matta?

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    What? Other than the article that I quoted and CITED, the rest of the OP is my words and my words alone. Prove othewise or shut the fuck up you stupid little troll.
     
  5. J.E.D
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    J.E.D What's tha matta?

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    Here we go - "It's probably unconstituional". Can't you guys come up with a better excuse?
     
  6. The Rabbi
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    The Rabbi Diamond Member

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    It' unaccountable and its budget is not voted on by Congress.
    Or did you miss that part?
     
  7. J.E.D
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    J.E.D What's tha matta?

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    Did you miss the part where Congress voted for and passed the law that created the agency? Is there a law suit out there challenging the agency's constituionality or are just throwing out the usual GOP talking points and accusations?
     
  8. C_Clayton_Jones
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    Leave it to Graham to engage in ignorant hyperbole.
     
  9. The Rabbi
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    The Rabbi Diamond Member

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    Is that supposed to be some kind of refutation of anything I wrote?
    The agency is not funded by Congress and not accountable to them. That makes it doubtful in its constitutionality as I dont believe Congress can delegate its responsibility in that manner.
    But even if it is found 100% constitutional, it is still an undemocratic throwback to Stalinism. Graham is right, for once.
     
  10. WillowTree
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    WillowTree Diamond Member

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    ewe cannot make me stfu.. can ewe? I know that chaps yer creamed corn ass.
     
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