[driftdiver]

“and can, “contribute to inflated estimates of alleged consumer harm.””

So its working as designed.

[Junk Silver]

“When a government agency called the Consumer Financial Protection Bureau (CFPB) is created by Congress, one would expect that a few consumers could actually receive protection...”

“The Affordable Care Act”

“The Environmental Protection Agency”

“The Patriot Act”

Why on earth would anyone ever expect a government agency called the “Consumer Financial Protection Bureau” to do anything but screw consumers over?

[raybbr]

From the moment I heard about this “agency” I knew it was sham designed to filter money out to Odumass’s friends.

[jsanders2001]

I remember how successful the Do Not Call Registry was. It ended up being a marketing list or at least sure seems like it.

[Pontiac]

The CFPB has been operating for four years now and if it were a sports team, its coach, Richard Cordray, would certainly be looking for work.

The inefficiency of the CFPB under Richard Cordray has revealed a disturbing pattern of sloppiness and mismanagement from an agency created to offer consumers substantive protection.

Boy this guy is good!

It usually takes new government program a decade or more to achieve this level of incompetence.

I bet this guy will be the next Democrat president’s chief of staff.

[Sirius Lee]

CFPB tried developing a statistical modeling system using zip codes and last names to pinpoint minorities victimized bydiscriminatory lending practices, but looking around the room, we soon realized nobody had ever taken a Stat course or even knew basic math as we had all gone into government work because we had all graduated in gender studies so nobody else would hire us in the real world.

[Bobby_Taxpayer]

A "track record of mismanagement, inefficiency and waste."

That could be a decsriptuon of any one of the government agencies.