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Posted: 1/4/2012 5:45:42 AM EDT
[Last Edit: 1/4/2012 8:54:45 AM EDT by davisac]
WASHINGTON (AP) –– Senior administration officials tell The Associated Press that President Barack Obama will use a recess appointment to name Richard Cordray as the nation's chief consumer watchdog despite strong Republican opposition.

With a director in place, the Consumer Financial Protection Bureau will be able to start overseeing the type of financial companies often blamed for practices that helped send the economy into a downward spiral.

Obama's end run around the Senate is likely to cause an uproar among Republicans in Congress.

The White House contends the Senate's "pro forma" legislative sessions are a gimmick and therefore Obama has the power to make the short-term appointment. Cordray would serve for at least the next two years.

The officials spoke on condition of anonymity ahead of Obama's planned announcement in Ohio later Wednesday.


http://hosted.ap.org/dynamic/stories/U/US_OBAMA?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT
Link Posted: 1/4/2012 5:46:51 AM EDT
Karma is a bitch. the dems better not bitch once we steam roll them again in 2012.
Link Posted: 1/4/2012 5:46:56 AM EDT
Lol.

More Bureaucracy.

LOVE IT!
Link Posted: 1/4/2012 5:48:05 AM EDT
Originally Posted By Chuy123:
Karma is a bitch. the dems better not bitch once we steam roll them again in 2012.


We don't steamroll. We build a consensus.
Link Posted: 1/4/2012 5:50:44 AM EDT
of course he is he hates congress but loves big goverment.
Link Posted: 1/4/2012 8:44:41 PM EDT
[Last Edit: 1/4/2012 8:44:56 PM EDT by KA3B]
What the fuck is this shit?

http://www.consumerfinance.gov/

Fuck Obama.
Link Posted: 1/4/2012 8:46:51 PM EDT
Duh. The democrats play hardball. The Republicans should remember this next time the libs whine about some Republican appointee. Ignore the whining, count the votes.
Link Posted: 1/4/2012 8:49:13 PM EDT
Y'all don't worry. The people in our gov't that are tasked with enforcing the laws are on our side. They would never usurp our liberty.
Link Posted: 1/4/2012 9:04:57 PM EDT
[Last Edit: 1/4/2012 9:06:00 PM EDT by marksman121]




Guess picking up the phone and calling the company yourself is too hard now...
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