Wisconsin native, conservative critic of everything.
"Once abolish the God, and the government becomes the God." ---G K Chesterton
"The only objective of Liberty is Life" --G K Chesterton
"Fallacies do not cease to be fallacies because they become fashions" --G K Chesterton
"A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling
Tuesday, November 22, 2011
Lurch Created by Dodd-Frank
Exactly what did Dodd-Frank create?
The "Consumer Financial Protection Bureau." Feel good?
The reality is the agency, created by the Dodd-Frank law, will be run by a single director who can be removed by the President only under extreme circumstances; will have over $500 million to spend without getting Congressional approval, and will duplicate the functions of other agencies (i.e. another layer of bureaucracy).