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Consumer Financial Protection Bureau: NSA of the Financial World
The New American ^
| 30 June 2013
| Michael Tennant
Posted on 06/30/2013 10:50:56 AM PDT by VitacoreVision
The Consumer Financial Protection Bureau has been vacuuming up data on Americans' financial transactions in direct violation of both the Constitution and the law that created the bureau.
Consumer Financial Protection Bureau: NSA of the Financial World
The New American
30 June 2013
While the National Security Agency's (NSA) unconstitutional spying on Americans' communications has been getting most of the press lately, another federal agency has been quietly -- and illegally -- vacuuming up Americans' financial data: the Consumer Financial Protection Bureau (CFPB).
Created by the 2010 Dodd-Frank Act, the CFPB has been operating for just under two years but has already managed to exceed its statutory authority, issuing demands for "huge quantities of data regarding individual consumers' financial transactions on an ongoing, real-time basis," according to a June 19 letter to CFPB director Richard Cordray from David Hirschmann of the U.S. Chamber of Commerce's Center for Capital Markets Competitiveness.
...
Full Article:
http://www.thenewamerican.com/usnews/constitution/item/15859-consumer-financial-protection-bureau-nsa-of-the-financial-world
TOPICS: Crime/Corruption; Culture/Society; Government; News/Current Events
KEYWORDS: cfpb; doddfrankact; domesticspying; nsa; nsadomesticspying; spying
To: VitacoreVision
And is Congress doing anything about it?!?!?
Or are they just getting on TV and huffing and puffing?
2
posted on
06/30/2013 10:55:25 AM PDT
by
CapnJack
To: VitacoreVision
Two courts determined the Bamster unconstitutionally appointed Cordray. No big deal.
3
posted on
06/30/2013 11:03:02 AM PDT
by
Jacquerie
(To restore the 10th Amendment, repeal the 17th.)
To: CapnJack
They are just getting on TV and huffing and puffing !!
It’s just another data-mining agency, like NSA , this one is aimed at business !
4
posted on
06/30/2013 11:08:49 AM PDT
by
Tilted Irish Kilt
(“Freedom is never more than one generation away from extinction.” - Ronald Reagan)
To: VitacoreVision
“We’re from the federal government and we’re here to help.”
5
posted on
06/30/2013 11:09:29 AM PDT
by
tumblindice
(America's founding fathers: All armed conservatives.)
To: VitacoreVision
6
posted on
06/30/2013 11:09:49 AM PDT
by
SpaceBar
To: Tilted Irish Kilt
It’s just another data-mining agency, like NSA , this one is aimed at business , and CAPITALISM ! !
7
posted on
06/30/2013 11:10:24 AM PDT
by
Tilted Irish Kilt
(“Freedom is never more than one generation away from extinction.” - Ronald Reagan)
To: Jacquerie
"Two courts determined the Bamster unconstitutionally appointed Cordray. No big deal."
I think with instrumentalities of the Obama Administration, we are well past the old question about how many divisions do the courts have? The next question is who will the military support in any showdown and Obama is working at warp speed to make sure they will support him.
8
posted on
06/30/2013 11:29:03 AM PDT
by
Truth29
Comment #9 Removed by Moderator
To: Diogenesis
Yes, We ScanOoooh. I'm using that one in San Francisco.
10
posted on
06/30/2013 12:26:45 PM PDT
by
no-s
(when democracy is displaced by tyranny, the armed citizen still gets to vote)
To: VitacoreVision
Government data vacuum cleaner bump for later.....
11
posted on
06/30/2013 1:10:53 PM PDT
by
indthkr
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