I know I would be working feverishly to find solutions to the financial crisis. In crisis mode, stopping the absolutely free flow of red ink would be amongst the top of things on my to do list. For our President though, no way no how he is about to consider trite little things like NOT SPENDING MORE MONEY. Apparently, our President feels that we need a new Federal Agency, The Consumer Financial Protection Bureau. This was undoubtedly hidden into one of the newly passed insane omnibus laws passed and signed prior to the restraining order employed by the American People in November of 2010. The purpose of the new agency, well, the best explanation I’ve heard so far is that this agency will read the fine print for us poor shlubs not capable of reading at a high school level and protect us from unscrupulous businesses who have the temerity to produce written contracts for us to sign prior to doing business, and then do exactly as they disclosed that they would. Putting aside for the moment the absolute folly of introducing a brand new bureaucracy at a time when we can not afford the ones already in place, I find it somewhat insulting that the President and his minions have determined that I am just plainly too stupid to read a contract all by myself. This agency also fails to actually address the true cause of the financial meltdown, which for those of you not paying attention were two criminal money laundering scam masquerading as a government backed private entity called Fannie Mae and Freddie Mac coupled with a Law entitled the Community Reinvestment Act. The entire enterprise were enabled and protected by Chris Dodd, Barney Frank, Nancy Pelosi, Maxine Waters, and Ted Kennedy. So, who has been the last person tapped to run this agency, why it was Richard Cordray of course. Richard was fired by the State of Ohio recently for being one of those sue happy Attorney Generals who felt that suing private businesses for having the misfortune of actually conducting business in the wrong state rather than enforcing the current laws of the state. To explain this further, because it is that important that everyone understand who is about to head our newest consumer protection Democrat Party shakedown scam I will explain what it is that Ohioans did not like about Richard Cordray. When he came across a company that for whatever reason he did not like, we’ll call them XYZ inc. If he was unable to come up with an actual law that XYZ inc. was actually violating, he would file a law suit in civil court. Since Governors get blamed for unemployment and companies leaving town, and not Attorney Generals, well who cares about consequences anyhow? The reason President Obama had such a hard time describing what the newest agency would be up to is that so much of its language states that its purview and authority will be up to the discretion of the director. Lucky us.
Exit Question: Are we actually broke, or do we have the money to do this?
