Friday, July 05, 2013

Even MORE Gummint Spying on You

What the NSA, IRS, and ObozoCare doesn't catch, the CFPB will.

The Consumer Financial Protection Bureau, created by the Dodd-Frank financial reform, is collecting reams of data on your bill-paying and spending habits.

In fact, the Obama administration is compiling a massive database of personal information, including monthly credit card, mortgage, car and other payments.

The data will be warehoused by private contractors and shared with other federal agencies and Congress, as well as researchers in the field.

Naturally, that's to protect you.

Or not:

CFPB has failed to adequately protect the data it's amassing from major banks and consumer credit reporting firms from unauthorized disclosures, the U.S. Chamber of Commerce warns.

In fact, CFPB's own inspector general recently cited "weaknesses" in its security program. His findings were corroborated by a Government Accountability Office report that expressed concerns about CFPB's data security.

Does anyone you know know how to read and send smoke signals?  Because that's about all that the Gummint doesn't collect.


J. Strupp said...

Chalk up another thing you don't know what you're talking about.

Turn off the Fox and sniff the fresh air.

Dad29 said...

The source is IBD, not Fox.

I know. Reading is hard.

J. Strupp said...

Morning Daddster,

The goof above is not me. I haven't posted on your site in quite a long time. While I'm flattered that someone thinks so highly of my comments that they feel the need to be me, I tend to stick to econ. and stay away from these topics.

Plus, I call you Daddster. When the hell have ever addressed you as dad? The least someone can do is get that correct.

Anonymous said...

Interesting. No wonder Josh stays away from mouthing off about economic topics:

By all means Josh, stay the hell away.

Anonymous said...

Hi Josh, some more fun facts why you need to stay away:

June 2005 - 5.0% unemployment under Bush
June 2008 - 5.6% unemployment under Bush
June 2013 - 7.6% unemployment under Obama

June 2005 - 37M people living in poverty under Bush
June 2008 - 38M people living in poverty under Bush
June 2013 - 50M people living in poverty under Obama

June 2005 - 22M people on food stamps under Bush
June 2008 - 30M people on food stamps under Bush
June 2013 - 48M people on food stamps under Obama

July 5, 2004 - $7.3T National Debt under Bush
July 5, 2008 - $9.8T National Debt under Bush
July 5, 2013 - $16.9T National Debt under Obama

Anonymous said...

It's always useful to use mid-2008 as an economic benchmark, isn't it?

Anonymous said...

Why not? It was the last summer of the Bush Administration.

Do you spit or swallow when you suck cock behind the convenience store?

Anonymous said...

Same as you.

Last summer just before the bottom fell out of everything.

Anonymous said...

And after how many trillions of dollars flushed down the drain in "stimulus," it's still not even close.

Kristina Strupp must have shown you how to suck Barack's dick then.