Pitting Senate Republicans for trying to shut down the Consumer Protection Agency

Fuckers, of course there was another angle to the Republican game. I’ve found that the more I know about them, the more I dislike them. This bit of news just blows all those conservative claims about the Senate properly being in session to be a joke. I’m so glad he just ignored their claims of pro forma session. Its about time Obama started fighting back using their tactics

Repeating this from the GD thread. The Times this morning reports that Obama is planning to run against Congress, who everyone hates. This appointment has gotten Romney to come out for Congress and against Consumer Protection. Obama has, at last, given up on compromising with them. I can’t believe though that anyone is surprised that Republicans are anti-consumer and pro-business. Hating the little people is their thing.

It was not. The CFPB was created as part of Dodd-Frank. It was passed after Scott Brown had taken over as the junior Senator from Massachusetts, and passed with his “yea” vote. Further, Robert Byrd had passed away and his seat was vacant, and Russ Feingold did his usual holier-than-though act and joined the Republican filibuster, so the bill also needed Olympia Snowe’s and Susan Collins’s votes.

All of the whining from Republicans that they had no input into the bill, and that’s why they had to use this opportunity to exact concessions, are just so much hot air. Dodd-Frank was passed with a bipartisan super-majority. Snowe, Brown and Collins asked for, and got, very specific concessions in exchange for their votes.

You mean, the guy who posted in the pit because he’s upset about something doesn’t want to discuss it? OMG! What has this world come to? I mean, it’s not like you could actually go to the forum designed for discussing things if you wanted to. But instead you have to insist that everyone change how the forums work just because of you.

Oh, and none of that shit is relevant. Congress passed a law saying the CPA should exist. They are now using legal tricks to keep it from existing. It is perfectly okay to use one legal trick to try to overcome another legal trick, the same as it’s okay to fight back as soon as the other person throws the first punch. There’s not zero tolerance rule.

If Congress doesn’t want the CPA to exist, they can do the right thing and pass a law disbanding it. Well, they could, except that the people of the U.S. are for it, and thus they would not be doing their jobs as representatives. But, then again, why start now?

I was reading The Economist yesterday at the airport and ran into this little tidbit:

The Economist, December 31st 2011, “Workingman’s blues,” p.21.

Make of it what you will.

Did you not notice this part of the OP?

But… but… all those Republican staffers burned the midnight oil concocting a way their bosses could go on the record voting to create a consumer protection agency without actually creating a consumer protection agency, and now Obama undid all their hard work! No fair!!

Pity he didn’t do the Cordray appontment immediately after receiving this request, with a statment beginning “Having received confirmation from lawmakers that the Senate is, in fact, in recess…”. :stuck_out_tongue:

I am reviving this near zombie to report that the now-functioning Consumer Financial Protection Bureau, has enacted its first public enforcement action against Capital One.

[QUOTE=NPR]
Capital One Bank has agreed to refund two million of its customers $140 million over allegations that it used deceptive marketing tactics to pressure or mislead customers into buying add-on products, the Consumer Financial Protection Bureau announced today. The bank and credit-card lending company will also pay a $25 million penalty.
[/QUOTE]

Since this thread started in the Pit, allow me to add a hearty “Fuck You” to the assholes who tried to block this Bureau from functioning and protecting the American people from deceptive and fraudulent business practices. $140 million refunded to tricked and defrauded consumers = WIN. Assholes who didn’t want to protect consumers = LOSE.

Excellent! Thanks for passing that along, ShadowFacts. Glad to see the bureau up and running.

Yes, thanks for the update!

It’s not a power that MUST be exercised. It would similar to saying that Obama must commit high crimes and misdemeanors or else he is eliminating the Congressional power of impeachment.

That’s a ridiculous analogy. A recess appointment isn’t punishment for there not being a session in order.