Most commentaries are leaving something very important about this bill.
Am I correct in understanding from some other articles that the Consumer Protection Bureau is to be completely housed within the Fed Reserve System via the US Treasury, and immune from further Congressional involvement?
If so, is this not a handing over of the US population lock/stock/barrel for complete monitoring, control of the supragovernmental Fed Reserve System? Are the total finanacial lives of all citizens now in the hands exclusively of the Federal Reserve with the signing of this bill?
The Fed Reserve now owns $2.3 trillion in mortgages, pending is control of all mortgage holders, potential mortgage holders and renters in the country.
With regard to world taxes, which Obama and the Dems seem to want the US citizen to pay directly from ones’ bank account in the future, the mechanism and control for such, thru the Fed Res, is being set up by this legislation, with no recourse for the citizen.
You got it.