What will it take to get people to realize that the GOP is not on their side?
And you suffer from the delusion that Democrats are? Really?
Obama at last count has created 159 new government agencies and I've probably missed some in that count. The most massive expansion in the size AND power of government in modern history. Now maybe you can explain how its such a great thing for our government to take a SHARP left expanding the size and power of government and edging ever closer to the totalitarian state. We are considerably less free than we were even 30 years ago. Once Obamacare starts, the US will be downgraded from a "free nation" to "mostly free nation". So we'd all be fascinated to hear another whacked out leftwing extremist explain how everyone benefits when government massively increases its size and power. And all the wonderful things that has done for humankind.
Do you even understand the purpose of this agency? Or are you really so stupid as to believe since it has such a touchy-feely title, it actually means its automatically going to do wonderfully good things for the entire nation? Most leftwingers are so superficial in their thinking they don't bother to look past the title anyway before believing they are qualified to expound on anything.
Do you KNOW what Obama and his leftwing extremist buddies believe is actually MEANT by "consumer protection"? Have you bothered to even READ the proposed mandate for this agency? Can you find in the Constitution which branch of government was actually given regulatory and oversight authority in this country?
Do you understand what has already occurred in this country as the result of Democrats using oversight powers for the purpose of their social engineering projects?
Do you realize that the REAL purpose of this agency is for social engineering as well? Do you REALLY find it so INCREDIBLE that Americans managed to survive all this time without this agency?
Among its mandate:
•Forming units for private student loan ombudsman, community affairs for underserved communities and consumer access to financial products and services.
OH COME ON -can you REALLY not figure out what this one MEANS? Oh this worked out SO well when government did it to housing and banking, didn't it?
•Writing new laws and enforcing existing laws on the biggest banks and credit unions.Forming units for private student loan ombudsman, community affairs for underserved communities and consumer access to financial products and services."
Where is the Constitutional authority giving an Executive created agency the authority to write laws? Last I checked, only Congress could do that. So what does this represent with an agency created by the Executive branch, controlled by the Executive branch and being used by the Executive branch. An Executive by the way who already said our Constitution is a flawed document because it didn't address "social justice" -which everyone knows is code for "redistribution of the wealth" from those who earned it to those who didn't.
•Overseeing financial products and services, including credit cards, mortgages, payday loans, private student loans, credit bureaus and debt collection.
•Supervising auto loans not originated by auto dealers.
•Writing new laws and enforcing existing laws on the biggest banks and credit unions.
Oh yeah, this worked out SO well already when Democrats used Fannie and Freddie for social engineering -a major reason for why the entire financial industry was at the very brink of collapse! So naturally the Democrats would insist the only rational answer to GOVERNMENT being at the root of the near financial collapse -is MORE and BIGGER and MORE POWERFUL GOVERNMENT than ever!
Come on -give it a shot. Can you grasp what all this REALLY means when put into practice? Do you understand what happened when Democrats already did this to the housing and banking industries?
Redistribution of the wealth through lending institutions is believed to be one of the fastest ways of funneling money away from those who earned it -to those who didn't. Encourage as many as possible to buy housing they can't afford -deliberately cause a foreclosure crisis -and then government in the name of "caring" can demand and force lending institutions to write off part of the debt, re-structure the loan. And take it in the shorts. Presto -massive transfer of wealth. Then encourage people to use credit cards and rack up debt they can't pay. Use the force and power of government to force lending institutions to give credit cards to people with bad credit -so they can go out and buy all the stuff they wished they had but can't afford. Cause another financial crisis and then government AGAIN in the name of "caring" -strong arms lending institutions to write it off. And be sure to lay down a marker announcing intentions for government to do the very same with automobiles as well.
And in ALL cases the people left holding the bag, the people who are at the end of the line getting fucked with an elephant dick -are people who didn't overextend themselves, people who pay their debts, people who make their mortgage payments. That isn't being on the side of the people. That is turning a segment of the population into PARASITES and encouraging them to bleed the rest of us dry. The ones being bled ARE the people.
If this is what Democrats means by being on the side of the people -they need to stay the **** away from me. Since the leftwing extremists took control of that party -its hard to pretend Democrats are even on the side of this nation, much less on the side of the people.