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Old 11-27-2017, 07:08 PM
 
Location: Long Island, NY
19,715 posts, read 11,523,903 times
Reputation: 5606

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Quote:
Originally Posted by MongooseHugger View Post
It's not funded by Congress but gets its own money, it isn't subject to oversight by Congress and it's barely subject to oversight by the President. It's unconstitutional and it must end!
The Consumer Financial Protection Bureau protects consumers of financial products against fraud and abuse by financial companies. You say it's unconstitutional.

So, is the Consumer Product Safety Bureau, which protects consumers from dangerous and faulty products, unconstitutional too?

Fannie Mae and Freddie Mac don't get their money from Congress either. Are they unconstitutional?

Please quote the Article and Section of the Constitution that requires a government bureau to get its funding from Congress?

You know how I know that the Consumer Financial Protection Bureau is constitutional? It was created by Congress.
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Old 11-27-2017, 07:10 PM
 
Location: Long Island, NY
19,715 posts, read 11,523,903 times
Reputation: 5606
Quote:
Originally Posted by prospectheightsresident View Post
You know, I don't mind the idea of a CFPB. What I do mind, however, is the level of power this particular board has to unilaterally fine banks and what not (if memory serves me correct as to the board's power). But, then again, I have a problem with much of the administrative state in general as I believe it to be an abrogation of Congress' power. And this spat that the board's executive director is having with against the White House and the board's own general counsel make me all the more distrusting of the board as currently constituted.
It's one thing to say it's a bad idea. It's another to claim it's unconstitutional.
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Old 11-27-2017, 07:11 PM
 
Location: Boston
7,568 posts, read 2,206,401 times
Reputation: 5381
another worthless gubment program sent out to pasture All Hail Trump!
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Old 11-27-2017, 07:12 PM
 
29,590 posts, read 16,342,548 times
Reputation: 13726
Quote:
Originally Posted by MTAtech View Post
The Consumer Financial Protection Bureau protects consumers of financial products against fraud and abuse by financial companies. You say it's unconstitutional.

So, is the Consumer Product Safety Bureau, which protects consumers from dangerous and faulty products, unconstitutional too?

Fannie Mae and Freddie Mac don't get their money from Congress either. Are they unconstitutional?

Please quote the Article and Section of the Constitution that requires a government bureau to get its funding from Congress?

You know how I know that the Consumer Financial Protection Bureau is constitutional? It was created by Congress.
Yes to all of them,but as has been proven the constitution is a dead letter, woefully inadequate at stopping motivated tyrants, thieves, degenerates and their schemes.
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Old 11-27-2017, 07:15 PM
 
Location: In The Thin Air
12,245 posts, read 8,036,209 times
Reputation: 8900
Quote:
Originally Posted by skeddy View Post
another worthless gubment program sent out to pasture All Hail Trump!
Bow to your dear leader. He will be deposed in 2020.
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Old 11-27-2017, 07:17 PM
Noc
 
1,439 posts, read 1,801,657 times
Reputation: 612
Quote:
Originally Posted by Mr. In-Between View Post
Da, comrade!
Yep my sentiments exact. There are many trolls at work and have been eroding us for a while. The divide in this country is the greatest you will see in your entire life. I'm wondering what will it take to bring this nation together.
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Old 11-27-2017, 07:24 PM
 
29,590 posts, read 16,342,548 times
Reputation: 13726
Quote:
Originally Posted by Noc View Post
Yep my sentiments exact. There are many trolls at work and have been eroding us for a while. The divide in this country is the greatest you will see in your entire life. I'm wondering what will it take to bring this nation together.
Communism.
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Old 11-27-2017, 07:44 PM
 
Location: Caverns measureless to man...
7,241 posts, read 4,639,962 times
Reputation: 16326
Quote:
Originally Posted by Frank DeForrest View Post
Communism.
A lot of blood needs to be shed and a lot of buildings burned before we could ever get to that point. I very much doubt that enough Americans have the balls to see it through.
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Old 11-28-2017, 09:39 AM
 
Location: Middle of the Pacific Ocean
11,411 posts, read 6,177,782 times
Reputation: 11239
Quote:
Originally Posted by MTAtech View Post
It's one thing to say it's a bad idea. It's another to claim it's unconstitutional.
True. Of course, I also think part of the structure of the CFPB is unconstitutional. Namely the accountability (or lack there of) of the head of the agency. As an executive department, POTUS should have much more oversight over the director. Congress taking away much of that oversight ran afoul of the Constitution in my view. This issue is currently making its way through the courts.

Note, I also feel that Congress' abrogation of its power to the administrative state is unconstitutional in many cases. However, most courts have not come to such a conclusion.
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Old 11-28-2017, 09:41 AM
 
Location: Middle of the Pacific Ocean
11,411 posts, read 6,177,782 times
Reputation: 11239
Quote:
Originally Posted by Timmyy View Post
Bow to your dear leader. He will be deposed in 2020.
Ah, let me guess. You were probably one who said Donald Trump wouldn't run? That he wouldn't win the nomination? And that he could NEVER defeat Crooked Hillary in the general?
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