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Senate confirms Cordray as consumer bureau chief( Freeps drop Traytable this is important)
Reuters ^ | Tue Jul 16, 2013 | Emily Stephenson

Posted on 07/16/2013 9:20:35 PM PDT by hatfieldmccoy

The Senate on Tuesday confirmed a director of the Consumer Financial Protection Bureau, ending a nearly two-year standoff in Congress and putting the new agency on sounder legal footing.

Democrats overcame long-held Republican objections to approve Richard Cordray's nomination to head the bureau, which was created by the 2010 Dodd-Frank Wall Street reform law.

Bureau advocates and consumer law experts said Senate confirmation clears up a number of questions, including Cordray's legal status as the temporary bureau director and the agency's authority to oversee certain financial sectors such as debt collection.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: administration; cfpb; cordray; doddfrank; finance; obama
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The Traytable circus will not make any difference in your life next week but this cave by the Pubbies yet again will make your life miserable for years. The Traytable mess is working as planned and too many Freeps are pawns.....
1 posted on 07/16/2013 9:20:35 PM PDT by hatfieldmccoy
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To: hatfieldmccoy

Please explain


2 posted on 07/16/2013 9:23:27 PM PDT by Mamzelle
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To: hatfieldmccoy
Yeah the media has had everyone including those here focused on this Trayvon circus. The media are pulling the strings. focus on important issues like stopping the immigration Amnesty bill
3 posted on 07/16/2013 9:24:02 PM PDT by Democrat_media (IRS rigged election for Obama and democrats by shutting down tea party)
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To: hatfieldmccoy

They couldn’t stop the law in 2010, they weren’t going to stop it by refusing to ever confirm anybody to lead the thing.

note that no only could they not really filibuster, they didn’t even have enough votes to keep him from getting less than 60 for approval.


4 posted on 07/16/2013 9:24:24 PM PDT by CharlesWayneCT
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To: hatfieldmccoy

Yes!! 100% This administration governs by the principle that they should never let a crisis go to waste, because it gives them the opportunity to get things done that they couldn’t do otherwise. They can get them done in two ways: In one, they have legislation and executive orders on the shelf waiting for the right kind of crisis so that they can ram them through while people’s emotions are high. in the second, which is the Trayvon Martin scenario, they can put through totalitarian legislation, especially when it is complex, without serious objections when the public is focused elsewhere.

With everyone filled with righteous indignation about Trayvon Martin and the government fueling racial hatred among black people, they are able to partner with the RINOs to pass legislation that Conservatives would oppose if only they would focus on it.

Instead, we are running around like the proverbial chickens with our heads cut off, moving from indignation to rage to anxiety over this or that issue, while they are ginning it all up and acting systematically.

When you lose control over yourself, you lose. Many good people on our side are losing control over themselves about the Trayvon Martin case, and as a result they have just pushed through Cordray’s appointment as well as the NLRB nominations that will give them the power to do what they want, to the disadvantage of the nation.

Moreover, they are about to get the Republicans in Congress to legitimize the illegal action that Obama took in unilaterally deferring the employer mandate in Obamacare, while everyone’s attention is focused on Trayvon Martin.

Wake up, everyone. They are playing chess, thinking seven moves ahead, while we are struggling through checkers.


5 posted on 07/16/2013 9:30:11 PM PDT by Piranha (We laugh at honor and are shocked to find traitors in our midst.)
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To: Mamzelle

See my post no. 5.


6 posted on 07/16/2013 9:30:41 PM PDT by Piranha (We laugh at honor and are shocked to find traitors in our midst.)
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To: hatfieldmccoy

>> The Traytable circus will not make any difference in your life... too many Freeps are pawns.....

If you don’t understand the PROFOUND effect the Zimmerman prosecution has on all of us, then you’re a clueless moron. GFY, boss.


7 posted on 07/16/2013 9:35:28 PM PDT by Nervous Tick (Without GOD, men get what they deserve.)
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To: Piranha

>> moving from indignation to rage to anxiety over this or that issue

Isn’t that exactly what you are doing here?


8 posted on 07/16/2013 9:38:08 PM PDT by Nervous Tick (Without GOD, men get what they deserve.)
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To: hatfieldmccoy; Mamzelle

Mark Levin went ballistic over this -— in great detail (second hour)

http://www.stationcaster.com/download.php?file=http://cdn.stationcaster.com/stations/mark/media/mpeg/7_16_13_Mark_Levin_Audio_Rewind-1374023532.mp3&id=1599921

Source articles below are from Levin’s website, but Levin explains it best.

“The entire purpose of the CFPB is to limit the choices of consumers in financial markets, making it harder and more expensive to obtain credit. This unaccountable agency will operate autonomously within the Federal Reserve and will not be subjected to congressional appropriations or oversight. Now Republicans will have no leverage to preclude this time bomb from taking root. Worse, they gave away their bargaining chip to strike down all the illegal rules that were issued by the agency while Cordray was illegitimately serving at its helm.”
http://www.redstate.com/2013/07/16/compromise-senate-gop-style/

“Sen. Mike Enzi (Wyo.), a senior Republican on the Health, Education, Labor and Pensions Committee, spoke out against agency before the vote.

“The reason this is of utmost concern to me and has been for the past three years is the lack of congressional oversight and [the] blatant privacy intrusions of the Consumer Financial Protection Bureau,” he said.

Enzi objected to the bureau’s revenue stream, which is through the federal reserve instead of the Congress.

“The bureau, as allowed by the Dodd-Frank Act, could collect up to $600 million every year but is not subject to the congressional appropriations process,” he said. “
http://thehill.com/blogs/floor-action/senate/311315-senate-votes-71-29-to-advance-cordray-as-nuclear-threat-recedes#ixzz2ZEL40PQC


9 posted on 07/16/2013 9:44:36 PM PDT by thouworm (Steyn: They let [Stevens] die, and then told lies over his coffin.They did that to one of their own.)
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To: Nervous Tick

No. I am looking at the forest, not the trees. The forest is that they are single-mindedly working to enlarge the government and assert more control over all areas in our daily life, many of which are outside of their jurisdictional scope as set out in the Consttution. That is their strategy. Their tactic is to do this by sleight of hand, callin our attention to something else while the do it.

The price of liberty is eternal vigilance, especially with this crew. Whenever the is enormous contumely about an issue that doesn’t directly affect the American people, like the post-verdict demonization of George Zimmerman, watch for the government’s hand. When you see statements by the President about the issue, and as here you find repeated statements by the Attorney General and numerous governors, senators and representatives, watch carefully to see what they are doing elsewhere, because it is precisely at those times that they push their agenda in hidden ways.


10 posted on 07/16/2013 9:48:25 PM PDT by Piranha (We laugh at honor and are shocked to find traitors in our midst.)
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To: Piranha

>> doesn’t directly affect the American people, like the post-verdict demonization of George Zimmerman

So, you don’t believe 2nd amendment rights, states’ rights, self-defense and castle doctrine laws, the rule of law, etc. “directy affect the American people”.

I see.


11 posted on 07/16/2013 9:50:43 PM PDT by Nervous Tick (Without GOD, men get what they deserve.)
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To: hatfieldmccoy

I disagee. The Zimmerman case potentially could have set precedent to impact our ability to defend ourselves against thuggery.


12 posted on 07/16/2013 9:53:25 PM PDT by catfish1957 (Face it!!!! The government in DC is full of treasonous bastards)
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To: hatfieldmccoy

Time to Primary Corker & Alexander.

I wasn’t expecting Republican senators to take a stand against the Democrats cause history has shown senate Republicans are without ideology and don’t respect the Constitution.


13 posted on 07/16/2013 9:59:52 PM PDT by RginTN
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To: Piranha

<....”They are playing chess, thinking seven moves ahead, while we are struggling through checkers”.....>

Yep, Trayvon and Snowdan have been the focus..and the media has sucked everyone into their cause....

But I do not believe the Republicans care to raise a finger to object....perhaps ‘more’ than the Democrates pushing...the distraction is equally as much “for” the Republicans as nobody’s holding their feet to the fire!

This is truly getting very old!


14 posted on 07/16/2013 10:02:21 PM PDT by caww
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To: Nervous Tick

I am wise enough to recognize a distraction when I see one.

The Zimmerman case is over. Unless and until the DOJ brings a case against Zimmerman it is irrelevant. And even if it does bring the case, it is a case against an individual, and not a case that affects a class, for example religious employers that are brig forced to violate their conscience under Obamacare. Furthermore, Zimmerman has good lawyers and if the DOJ does bring the case I am sure that he will receive top-level legal assistance.

Did you know that the Fort Hood Jihadi is in trial this week? Nobody is liking because our attention is being called to the bloody shirt that is being waved in Sanford, Florida. There is a case that matters much more, because it involves a jihadi terrorist attack on a military base that the US government has classified as workplace violence.

The Zimmerman case was important, by it was a state law case and it is over. However, the President and his cabal are using it to stir up a race war based on lies. While the right hand is doing this, the left is bringing radicals into the EPA, the NLRB and the new and illegal banking control agency set up under Dodd Frank. And the left hand is burying the Benghazi and fast ‘ furious investigations and the IRS and NSA attacks on our privacy for purposes of stifling political dissent. And it is keeping us from paying attention to the illegal actions regarding Obamacare.

We have got to wake up and get focused.


15 posted on 07/16/2013 10:02:31 PM PDT by Piranha (We laugh at honor and are shocked to find traitors in our midst.)
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To: caww

Unfortunately, RepublicN leadership in both the Senate and the House is all a out getting along and preserving their positions. They happily went along with the Democrats in their demonization of the Tea Party because of the perceived threat that it posed to their hegemony over the moderate-right. I find it interesting that Boehner had no serious Democrat challenger in the last election. Obviously, the Democrats understand that he is someone with whom they can work.

And, sadly, many of our so-called Conservatives also would sell us out if they had a chance. Look at Trey Gowdy and his support for meaty for illegal aliens as a prime example.


16 posted on 07/16/2013 10:08:12 PM PDT by Piranha (We laugh at honor and are shocked to find traitors in our midst.)
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To: Piranha

Meaty=amnesty. Sorry.


17 posted on 07/16/2013 10:08:47 PM PDT by Piranha (We laugh at honor and are shocked to find traitors in our midst.)
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To: Piranha
Wake up, everyone. They are playing chess, thinking seven moves ahead, while we are struggling through checkers.

If they haven't woken up by now they never will. If they do wake it will either be too late or the sheeple too lazy. It truly is time to plan for a future nowhere near what it has been in the past..

18 posted on 07/16/2013 10:10:15 PM PDT by Digger
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To: Nervous Tick
Whoa take it easy there Tick.. damn I had a pretty well considered opinion...Traytable will not influence your life like this will Dodd-Frank very stealthily bestowed the CFBP with a rather terrifyingly outsized amount of authority, Tick I'm a contributing Freeper (money) for a decade. I'm not a moron I'm a engaged, lucid, articulate, politically active citizen of a dying republic...I've got over decade in this forum slick and I don't know who you are ( your from 2004) but if your going to stink up the place do it with somebody you know.
19 posted on 07/16/2013 10:12:38 PM PDT by hatfieldmccoy (It's not racism..... it's probability, actuarial tables, statistics. Facts are stubborn things.)
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To: Digger

We have to “keep hope alive”! There are many repentant Obama voters and I am sure there will be many more. The people here at FreeRepublic who post or lurk by and large are good, solid salt-of-the-earth type people but we never have seen this kind of behavior from our government in the history of the Republic, and too many of us are immobilized like deer in the headlights.

If you don’t think that people read and think about posts here at Free Republic then why should we post them? Our job is to tell the truth and provide a venue for people to understand what is happening in our country, thanks to Jim Robinson. Sometimes one person is enough. As Jim Toronto likes to write, one man with courage makes a majority. The tone of surrender in your post is not constructive and its message is belied by the fact that you took the trouble to post it.


20 posted on 07/16/2013 10:17:23 PM PDT by Piranha (We laugh at honor and are shocked to find traitors in our midst.)
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