What Does Financial Reform have to do with Partying at the DOJ?
Shortly after reading parts of the Consumer Financial Protection Agency Act of 2009 (CFPA), I was absolutely shocked and amazed to learn of ‘Partying with the Department of Justice’.
For the most part, everything in CFPA smacks of authoritarianism. There are provisions mandating CFPA to regularly community organize in ‘traditionally underserved communities’, while educating consumers on ‘their judgments about the appropriateness of certain financial products’. The more one reads, the more it seems like this agency’s purpose and goal will be monitoring consumers in order to ‘protect’ them from themselves.
One part of the law that I was particularly uncomfortable and a little bit agitated with can be found on page 24 under Section 1022. Authorities—
(1) DEPARTMENT OF JUSTICE.–Nothing in this title shall effect the authority of the Department of Justice.
Of the only 2 ‘exceptions’ from this agency’s laws, The Department of Justice (led by Eric Holder and his criminal operation), and the Securities and Exchange Commission (led by Mary Schapiro, alleged friend of Bernie Madoff) were outlined. Perhaps not being excluded would pose some type of conflict were this law to apply to these agencies. However, it is highly unlikely anything prudent in nature would stem from this administration.
A couple hours later, ‘Party with the DOJ‘ broke and it was just too coincidental, I had to post something about it. As details unravel about the DOJ bashes (only in the alternative media), keep in mind, unlike you and I, the Department of Justice will not be subjected to CFPA’s mandates and restrictions.
Welcome to Obama’s America.