[sickoflibs]

RE :”House Financial Services Committee Chairman Spencer Bachus (R-Ala.) on Wednesday predicted that the Obama administration's decision to recess-appoint Richard Cordray as director of the new Consumer Financial Protection Bureau (CFPB) would lead to numerous legal challenges against the agency that will render it unable to function for the foreseeable future. “President Obama has delegitimized the CFPB and has opened the agency up to legitimate legal challenges that will cripple it for years,” Bachus said. “The greatest threat to our economy right now is uncertainty, and the president just guaranteed there will be even more uncertainty.” Bachus did not threaten a legal challenge from Congress, and others have suggested that only a financial institution that is harmed by a CFPB rule would have the standing to challenge Cordray’s appointment.”

From what I have read there is no basis for a lawsuit unless someone has been harmed who can file the suit, called standing. That could take many months before it happens and the specific case may not make Obama look bad to voters. This is why Republicans are just talking no action.

This is just another political re-election strategy move by Obama to help him get re-elected.

His base liberals (progressives) are delighted
Average moderate voters either don't care or think he is helping them with this agency
Republicans are mad about it, but they won't do anything they wouldn't anyway.

Still waiting for a (congressional) Republican counter political strategy. Them just complaining about this with no effective plan of action is a waste of time and what Obama is counting on.

[dixiechick2000]

Article 1, Section 5 of the Constitution of the United States...

“Clause 4: Neither House, during the Session of Congress, shall, without the Consent of the other, adjourn for more than three days, nor to any other Place than that in which the two Houses shall be sitting.”

Boehner didn’t recess the House, and they have been having pro-forma sessions. Congress is NOT in recess, so Obama has violated the Constitution WRT his recess appointments.

[dixiechick2000]

Sorry...forgot the link. ;o)

http://www.house.gov/house/Constitution/Constitution.html

[GOPJ]

Obama’s starting to look like a bully.