Thursday, January 29, 2015

Obama's Stasi: The Consumer Financial "Protection" Bureau

The Consumer Protection Financial Bureau was created under Dodd-Frank (by the Democrats and for the Democrats).  It is paid for by you--directly or indirectly--but does not answer to Congress for its budget or policies.

It is used to shut down businesses that the Democrats don't like.  Such as gun dealers.

And the Code of Omerta is part of its game.

...A shocking bulletin that CFPB issued to banks, which was obtained by The Daily Caller, was sent around this week in the midst of controversy regarding the administration’s Operation Choke Point program, by which the administration pressures banks to cut off accounts for supposedly suspicious businesses, including gun dealers. Operation Choke Point’s anti-gun mission was recently confirmed in a series of audiotapes published by the US Consumer Coalition, in which a bank teller explained to a gun dealer why his account was being shut down....

Well, now.  Explaining CPFB to your customers?  That's blatantly illegal!!

 “The Consumer Financial Protection Bureau [CFPB] issues this compliance bulletin as a reminder that, with limited exceptions, persons in possession of confidential information, including confidential supervisory information [CSI], may not disclose such information to third parties,” the bulletin states....

So.  If they don't like you, you're out of business.  And no one can tell you WHY you're out of business.

I'm sure McConnell and Boehner will get right onto this.  Sensenbrenner and Ryan, too.

1 comment:

steveegg said...

Sounds like a job for John Chisholm, Kevin Kennedy, and the rest of the John Doe Gang.