Article

2017-10-25 Government

In the dead of night, Republicans vote to give lawsuit immunity to banks

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Posted by Besoeker 2017-10-25 01:14|| || Front Page|| [11127 views ] Top

#1 This is one of those rare instances where I have a problem both with a rule implemented by Lizzie Warren's wet dream creation (CFPB) and with the law designed to nullify it. Equifax, led by a broad whose major in college was a fucking music degree, allowed by one means or another the hacking of millions of our credit histories. This law may very well mean Equifax broad and her subordinates have just been granted immunity.

Not fucking good enough - this government, since somewhere in Bush II to now, has completely abandoned the concept of accountability. Federal workers at all levels can spy on us, audit us and harass us with impunity and not a fucking thing happens to any of them, and now major financial businesses have been granted immunity, probably a full two days after the ink has dried on the last round of major campaign donations to both sides of the aisle.

Drain the god damn swamp already!

Posted by Raj 2017-10-25 01:35|| 2017-10-25 01:35|| Front Page Top

#2 The 50-50 tie in the Senate was broken by Vice President Mike Pence (R), and the House approved the lawsuit immunity measure. President Trump is expected to sign it.

???

Hard to believe that Trump and Pence would sell us out. I'm (ignorantly) guessing the CFPB is bad, but had what at first glance appear to be two reasonable rules. Is there something in the works to put these two rules back in play?

Posted by gorb 2017-10-25 02:49|| 2017-10-25 02:49|| Front Page Top

#3 I'm just guessing, but check what else CFPB contained gorb.

Posted by g(r)omgoru 2017-10-25 05:39|| 2017-10-25 05:39|| Front Page Top

#4 Why would you not want to exercise some control over what you own? Banking, big pharma, insurance, agriculture, medical care, defense contracting, solar, ~~coal~~, and the petroleum industry... all owned or controlled by the government. Manufacturing and industry were bequeathed to the Chinese years ago. Poor margins in manufacturing, very poor. With little or no notice, people can voluntarily cut back on what they buy.

Defense contracting is a very good investment. 'Endless Wars' will see to that.

Oh BTW, if you're planning on visiting Yellowstone next year, park admissions will soon be going up.

Budget deficits? Not a problem. Big government owns the company store. They have to buy from us regardless. They'll still get a pound of sugar, it will just cost a bit more due to taxes.

Posted by Besoeker 2017-10-25 05:50|| 2017-10-25 05:50|| Front Page Top

#5 Preparing for the global privacy/identity/value hacks.

Posted by Skidmark 2017-10-25 06:44|| 2017-10-25 06:44|| Front Page Top

#6 Another big win for the thieves.

Posted by ed in texas 2017-10-25 08:34|| 2017-10-25 08:34|| Front Page Top

#7 Really....

You can't get rid of Obamacare...
You can't get tax reform...
You can't do anything you were voted in for..

But you can do this.

Hang the lot of 'em.

Posted by DarthVader 2017-10-25 09:14|| 2017-10-25 09:14|| Front Page Top

#8 Better to get rid of the CFPB.

Posted by Iblis 2017-10-25 10:02|| 2017-10-25 10:02|| Front Page Top

#9 Get rid of the CFPB and Dodd-Frank.

Posted by Whiskey Mike 2017-10-25 13:13|| 2017-10-25 13:13|| Front Page Top

#10 There are three branches of government. This bill blocks citizens from addressing grievances against banks via the Judicial branch of the government. Unconstitutional. Must be challenged and struck down by the Courts.

Posted by Threatch Jeamp8135 2017-10-25 13:24|| 2017-10-25 13:24|| Front Page Top

#11 From Wikipedia:

ThinkProgress is an American news website. It is a project of the Center for American Progress Action Fund (CAP Action), a progressive public policy research and advocacy organization.

How likely is it that what they write about a Republican project is both true and unslanted?

Here is a different take:

PENCE BREAKS TIE: Trial lawyers everywhere are crying into their copies of the New York Times today because, last night, the Senate voted 51-50, with the Veep casting the deciding vote, to disapprove of the Consumer Financial Protection Bureau’s Arbitration Rule. Dressed up as “protection” for the average joe, the rule was actually a disguised wealth transfer from average joes to those trial lawyers, who make millions from class action lawsuits where the class victim gets a few dollars or a worthless coupon. More on this, including my statement, here.

For the record, the GOP Senators defecting were Senator Kennedy of Louisiana and…well, I think you can guess the other one.

Permalink • 12:10 pm by Iain Murray

Posted by trailing wife 2017-10-25 13:35|| 2017-10-25 13:35|| Front Page Top

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