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Obama bypasses Senate, installs new consumer chief
Associated Press ^ | 1-4-12 | BEN FELLER and JIM KUHNHENN

Posted on 01/04/2012 11:07:27 AM PST by Justaham

President Barack Obama says he won't take "no" as an answer from Republicans, so he's going around them to appoint the head of a new consumer protection agency. Obama says Republicans would just keep holding Richard Cordray's nomination hostage—and the president says that's inexcusable and wrong.

He says Cordray must be in place in order for the Consumer Financial Protection Bureau to start helping consumers deal with unscrupulous mortgage companies, dishonest payday lenders, and others.

Obama announced the appointment of Cordray during a stop Wednesday in Ohio, where Cordray once served as attorney general.

Republicans are outraged but Obama says he has an obligation to act when Congress refuses to.

The recess appointment means Cordray stands to serve for at least the next two years.

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


TOPICS: Breaking News; Crime/Corruption; Front Page News
KEYWORDS: absolutedespotism; barneyfrank; bhofascism; biggovernment; cordray; corruption; czar; democrats; doddfrank; elizabethwarren; enemywithin; fascism; fedzilla; gingrich; impeach; king; liberalfascism; longtrainofabuses; lping; nobama2012; obama; scottbrown; shadowwars; socialism; threatmatrix; tyranny; tyrant; usurpations; usurper; warren
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To: iceskater

“If any of them had a spine.....”

I tire of the great misinformed or uninformed posting this type of misleading information concerning the republican leadership. The real reason they don’t do anything is because it is also what THEY, the republican leadership want, they are in bed with the New World Order socialist movement......\

So, remember they do not cave, they do not give in, they work hand in hand to move forward THEIR cocialist agenda...


81 posted on 01/04/2012 11:51:44 AM PST by stockpirate (Romney and Ann Coulture are Big Government socialists, just like other republican elites.)
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To: Justaham

No Authority!
No Standing!

Ignore him!

VERY LOUDLY!!!!


82 posted on 01/04/2012 11:52:00 AM PST by G Larry ("I dream of a day when a man is judged by the content of his Character.")
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To: Justaham

They are ALL as without balls as Alice. I’m tempted to send an email to Saxby Chambliss and Johnny Isakson, but I’m sure they’re busy looking in the mirror, like all the rest of the arrogant jerks. None of them even care if everyone knows they’re worthless. Like winos in the street.


83 posted on 01/04/2012 11:52:19 AM PST by arrdon (Never underestimate the stupidity of the American voter.)
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To: Justaham

They are ALL as without balls as Alice. I’m tempted to send an email to Saxby Chambliss and Johnny Isakson, but I’m sure they’re busy looking in the mirror, like all the rest of the arrogant jerks. None of them even care if everyone knows they’re worthless. Like winos in the street.


84 posted on 01/04/2012 11:53:02 AM PST by arrdon (Never underestimate the stupidity of the American voter.)
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To: cuban leaf
...or more like Sept, 476 AD (Fall of the Roman Empire)

Here we are forced with a 2 party choice, Socialist Bully (Dem) or Socialist Submissive ( "Republican") to finish off the Republic

At least Rome plundered, we just dump quadzillions for chaos around the globe while we enslave the 40% working citizens with debt to pay for the political folly and the 60% welfare class population

85 posted on 01/04/2012 11:54:13 AM PST by KTM rider ( with citizenship you get indentured servitude)
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To: Justaham

Once upon a time, I was invited to the White House for a private dinner with the President. I am a respected businessman, with a factory that produces memory chips for computers and portable electronics. There was some talk that my industry was being scrutinized by the administration, but I paid it no mind. I live in a free country. There’s nothing that the government can do to me if I’ve broken no laws. My wealth was earned honestly, and an invitation to dinner with an American President is an honor I checked my coat, was greeted by the Chief of Staff, and joined the President in a yellow dining room.

We sat across from each other at a table draped in white linen. The Great Seal was embossed on the china. Uniformed staff served our dinner. The meal was served, and I was startled when my waiter suddenly reached out, plucked a dinner roll off my plate, and began nibbling it as he walked back to the kitchen. “Sorry about that,” said the President. “Andrew is very hungry.” “I don’t appreciate...” I began, but as I looked into the calm brown eyes across from me, I felt immediately guilty and petty. It was just a dinner roll. “Of course,” I concluded, and reached for my glass. Before I could, however, another waiter reached forward, took the glass away and swallowed the wine in a single gulp. “And his brother Eric is very thirsty.” said the President.

The President is testing my compassion, I thought. I will play along. I don’t want to seem unkind. My plate was whisked away before I had tasted a bite. “Eric’s children are also quite hungry.” With a lurch, I crashed to the floor. My chair had been pulled out from under me. I stood, brushing myself off angrily, and watched as it was carried from the room. “And their grandmother can’t stand for long.” I excused myself, smiling outwardly, but inside feeling like a fool. Obviously I had been invited to the White House to be sport for some game.

I reached for my coat, to find that it had been taken. I turned back to the President.”Their grandfather doesn’t like the cold.” I wanted to shout- that was my coat! But again, I looked at the placid smiling face of my host and decided I was being a poor sport. I spread my hands helplessly and chuckled. Then I felt my hip pocket and realized my wallet was gone. I excused myself and walked to a phone on an elegant side table. I learned shortly that my credit cards had been maxed out, my bank accounts emptied, my retirement and equity portfolios had vanished, and my wife had been thrown out of our home. Apparently, the waiters and their families were moving in.

The President hadn’t moved or spoken as I learned all this, but finally I lowered the phone into its cradle and turned to face him. “Andrew’s whole family has made bad financial decisions. They haven’t planned for retirement, and they need a house. They recently defaulted on a subprime mortgage. I told them they could have your home. They need it more than you do.” My hands were shaking. I felt faint. I stumbled back to the table and knelt on the floor.

The President cheerfully cut his meat, ate his steak and drank his wine. I lowered my eyes and stared at the small grey circles on the tablecloth that were water drops.”By the way,” He added, “I have just signed an Executive Order nationalizing your factories. I’m firing you as head of your business. I’ll be operating the firm now for the benefit of all mankind. There’s a whole bunch of Erics and Andrews out there and they can’t come to you for jobs groveling like beggars.” I looked up. The President dropped his spoon into the empty ramekin which had been his creme brulee. He drained the last drops of his wine. As the table was cleared, he lit a cigarette and leaned back in his chair. He stared at me. I clung to the edge of the table as if were a ledge and I were a man hanging over an abyss.

I thought of the years behind me, of the life I had lived. The life I had earned with a lifetime of work, risk and struggle. Why was I punished? How had I allowed it to be taken? What game had I played and lost? I looked across the table and noticed with some surprise that there was no game board between us. What had I done wrong? As if answering the unspoken thought, the President suddenly cocked his head, locked his empty eyes to mine, and bared a million teeth, chuckling wryly as he folded his hands he said: “You should have stopped me at the dinner roll”.


86 posted on 01/04/2012 11:54:38 AM PST by mojitojoe (SCOTUS.... think about that when you decide to sit home and pout because your candidate didn't win)
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To: y6162
"The Kenyan lizard cannot spend money not allocated by congress."

Much of the funding for this agency comes from the Fed Reserve and is not subject to appropriations - one more step to not needing Congress for the would be dictator.

87 posted on 01/04/2012 11:55:12 AM PST by Truth29
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To: dragonblustar

Neither, they will just ignore it.


88 posted on 01/04/2012 11:55:44 AM PST by mojitojoe (SCOTUS.... think about that when you decide to sit home and pout because your candidate didn't win)
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To: Justaham

So, when he loses the law suit for receiving wages for an unauthorized position, will he bankrupt before refunding the ill gotten funds?


89 posted on 01/04/2012 11:57:04 AM PST by bert (K.E. N.P. +12 ..... Crucifixion is coming)
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To: Texas Fossil

He has gotten away with all of his Czars, their funding and staff. GOP seems to protest only in the media.


90 posted on 01/04/2012 11:57:54 AM PST by opentalk
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To: Justaham

Bammy Boy the renegade Kenyan. He’s as unAmerican as his hippie mother and his African father.


91 posted on 01/04/2012 11:59:23 AM PST by dennisw (A nation of sheep breeds a government of Democrat wolves!)
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To: mojitojoe

Good Lord, when did that happen?


92 posted on 01/04/2012 11:59:57 AM PST by Revolting cat! (Let us prey!)
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To: Le Chien Rouge
The agency officially opened its doors in July, but under law cannot carry out its full functions until a director is in place. It can enforce existing bank regulations, but cannot issue new rules affecting nonbank entities such as payday lenders and credit card companies.

Obama said this week he would veto any effort to delay, defund or dismantle the financial rules put in place last year.

http://www.thegrio.com/politics/gop-blocks-obama-nominee-to-head-financial-agency.php

Does the President have the authority to veto the power of Congress for funding?

93 posted on 01/04/2012 12:00:04 PM PST by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: y6162

“Power of the purse. No money, no agency.”

The Republicans in the Senate should also refuse to allow ANY appointments to go forward until this illegal appointment (Note: no long a nomination) is withdrawn. The Republicans in the House should refuse to bring up any finance bills for the executive branch until this illegal appointment is withdrawn.


94 posted on 01/04/2012 12:00:07 PM PST by RedEyeJack
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To: mojitojoe

MEMO TO SELF: Don’t accept an invite to the White Hut!


95 posted on 01/04/2012 12:00:53 PM PST by Revolting cat! (Let us prey!)
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To: jersey117

Boehner, McConnell, Hatch and Kyl have denounced it.


96 posted on 01/04/2012 12:05:25 PM PST by Pan_Yans Wife ("Real solidarity means coming together for the common good."-Sarah Palin)
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To: Justaham

On December 8, 2011, the Senate failed to secure cloture on Cordray’s nomination. The final vote was 53-45.

On January 4, 2012, a White House communications director announced in a tweet that Obama would be giving Cordray a recess appointment to the post, bypassing the Senate and installing Cordray. The move was criticized by Republican senators, who argued that Congress had not officially been in recess, and that Obama did not have the authority to bypass Congressional approval.


97 posted on 01/04/2012 12:06:56 PM PST by mojitojoe (SCOTUS.... think about that when you decide to sit home and pout because your candidate didn't win)
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To: mojitojoe

Should have stopped me at the dinner roll.

I like it but it scares the crap out of me that we have not stopped the constitutional trampling by the federal government to date. Where does it end...it is most definitely, as the character in your story learned, NOT a game!


98 posted on 01/04/2012 12:08:22 PM PST by An American! (Proud To Be An American!)
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To: Track9

Thanks, and just let me say, you have one cool homepage. I loved it!


99 posted on 01/04/2012 12:19:27 PM PST by Fantasywriter
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To: Texas Fossil
Does the President have the authority to veto the power of Congress for funding?

Yes the President can veto a spending bill. Then the House and Senate can vote to override the veto.

100 posted on 01/04/2012 12:25:04 PM PST by Ratman83
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