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Obama Appoints CFPB Head Without Senate OK

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posted on Jan, 5 2012 @ 05:53 AM
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First Libya without a Congress Ok and Now This Without Senate OK?? WATCH The Video For Yourself.
Thats why America needs Ron Paul If You Think Obama is worse just wait till Romney gets in or Even Ricky.

Source Marketwatch Video
edit on 5-1-2012 by Agent_USA_Supporter because: (no reason given)




posted on Jan, 5 2012 @ 06:05 AM
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Originally posted by Agent_USA_Supporter

First Libya without a Congress Ok and Now This Without Senate OK?? WATCH The Video For Yourself.
Thats why America needs Ron Paul If You Think Obama is worse just wait till Romney gets in or Even Ricky.

Source Marketwatch Video
edit on 5-1-2012 by Agent_USA_Supporter because: (no reason given)


It is called a recess appointment. It happens all the time. Obama has used it much less than previous presidents.
Someone should have been appointed to that agency a long time ago but republican obstructionism has prevented it for years. We can't have any regulation over the predatory capitalist now can we?

As far as Libya is concerned, you may want to reread the War Powers Act. I know the right loved to use Libya to make it seem like Obama did something unconstitutional and he should be impeached but the truth is very different.

Truth not ideology!



posted on Jan, 5 2012 @ 07:07 AM
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Maybe some legal problems with this ?


The recess appointments President Obama announced Wednesday are “almost certain” to be challenged in court, according to a top official with the nation’s largest business lobby.



However, one question a judge could need to answer is whether Cordray will actually be able to assume those powers since he has been recess-appointed. The text of the Dodd-Frank law states that those powers will not take effect until the CFPB director "is confirmed by the Senate."
Court fight over recess appointments 'almost certain,' Chamber says



Why did Obama wait anyway ???

What was the Administration so scared of ?



posted on Jan, 5 2012 @ 07:28 AM
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I think Mr POTUS must be getting nervous about something here.

Maybe some sneeky corporation somewhere is demanding some "decisions" be made in their favor ?
HmmmMMMM.

The "Consumer Financial Protection Bureau" might have some backhoe ditches to fill in.

After all, we the people, the majority of American citizens needs some more fees to pay somebody somewhere right ?

The Repubs must have a feeling or two.....


Last year, 44 Senate Republicans said they would not confirm any nominee as director, regardless of party, until structural changes were made to the bureau’s accountability. “But once again, the President has chosen to circumvent the confirmation process,” McConnell said.

“The CFPB is poised to be one of the least accountable and most powerful agencies in Washington,” McConnell said. “Created by the deeply flawed Dodd-Frank law, it is subject to none of the checks that independent agencies normally operate under, and will have an unprecedented reach and control over individual consumer decisions.”

Cordray should be willing to testify before Congress for a Jan. 24 hearing, said Rep. Patrick McHenry (R-N.C.), the chairman of the House Oversight and Government Reform subcommittee on TARP, Financial Services and Bailouts of Public and Private Services.
Obama: ‘I Won’t Take No For An Answer’ in Appointing Consumer Protection Chief Without Senate Confirmation



Who and What is this CFPB anyway ?

Are there any Communist tendancies with them ?

Sounds too much like "Centralized Government"






edit on Jan-05-2012 by xuenchen because: (no reason given)



posted on Jan, 5 2012 @ 07:41 AM
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Hmmm...interesting.

A "recess" appointment to a powerful, instrusive, essentially unregulated agency a day before he pulls the rug out from under the Pentagon.

Sounds like they are robbing Peter to pay Paul to steal from us.



posted on Jan, 5 2012 @ 07:56 AM
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Congress is NOT in recess.

President Obama will appoint Richard Cordray to be head of a controversial consumer consumer financial protection agency despite the fact that Congress is not officially in recess.

White House Communications Director Dan Pfeiffer tweeted the widely expected announcement on Wednesday before the president headed out on a campaign-style event to Ohio.

"We Can't Wait: Today in Ohio, President Obama will announce the recess appointment of Consumer Watchdog Richard Cordray," he tweeted. Cordray was to appear with Obama during the official announcement in Cordray's home state.

The Constitution does not expressly forbid such an appointment, which would technically come as an intrasession posting. But the defiant move is sure to raise questions of executive power and whether the administration is overstepping its authority.


What about the president power?
US constitution

The President shall have Power to fill up all Vacancies that may happen during the Recess of the Senate, by granting Commissions which shall expire at the End of their next Session.

The senate ain't in recess, so Obama is CLEARLY abusing executive power.



posted on Jan, 5 2012 @ 07:59 AM
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Good. The Senate should damn well have moved on this months ago.

And McConnel's bleating is just so much broken wind, more example of the BS the republicans have been spewing for a few years now. If McConnel's afraid of it, I'm for it.



posted on Jan, 5 2012 @ 08:21 AM
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Originally posted by Open_Minded Skeptic
Good. The Senate should damn well have moved on this months ago.

And McConnel's bleating is just so much broken wind, more example of the BS the republicans have been spewing for a few years now. If McConnel's afraid of it, I'm for it.


well,

what exactly will this CFPB do for the majority of citizens ?

will it all be negative as usual ?

who makes the most money from this ?



posted on Jan, 5 2012 @ 08:22 AM
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Lovely ... a recess appointment while everyone isn't in recess.
More of that 'transparency' that Obama promised ....

edit on 1/5/2012 by FlyersFan because: spelling typo



posted on Jan, 5 2012 @ 08:24 AM
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Originally posted by FlyersFan
Lovely ... a recess appointment while everyone isn't in recess.
More of that 'transparancy' that Obama promised ....


I think Obama is transparent.

I've had no problem seeing right through him since the first word of his first speech !



posted on Jan, 5 2012 @ 02:53 PM
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They block every appointment he puts up....Republicans are siding with the banks that we just bailed out. They wouldn't appoint Elizabeth Warren, and they did everything they could to stop Cordroy's appointment as well.

The Consumer Protection Agency was not functional until an appointee was made...which is why Republicans blocked it and have blocked it since it was passed into law in financial reform...actually one of the few good things about it the entire bill.

Corporate Republicans don't give a flying F if it was unconstitutional or not...they simply didn't want the program to go into effect.

It's that simple.



posted on Jan, 5 2012 @ 11:11 PM
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Originally posted by David9176
They block every appointment he puts up....Republicans are siding with the banks that we just bailed out. They wouldn't appoint Elizabeth Warren, and they did everything they could to stop Cordroy's appointment as well.

The Consumer Protection Agency was not functional until an appointee was made...which is why Republicans blocked it and have blocked it since it was passed into law in financial reform...actually one of the few good things about it the entire bill.

Corporate Republicans don't give a flying F if it was unconstitutional or not...they simply didn't want the program to go into effect.

It's that simple.


Not everybody understands how the Repubs can block appointees with a Dem majority in the U.S. Senate.

Can someone explain and give some real time examples ?

Elizabeth Warren would be a good start.



posted on Jan, 6 2012 @ 09:20 AM
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Originally posted by FlyersFan
Lovely ... a recess appointment while everyone isn't in recess.
More of that 'transparency' that Obama promised ....

edit on 1/5/2012 by FlyersFan because: spelling typo


could it be ....

an impeachable offense ?



posted on Jan, 6 2012 @ 09:33 AM
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reply to post by David9176
 



They block every appointment he puts up....Republicans are siding with the banks that we just bailed out.

Which Obama voted for. And let's mention that Obama's biggest contributors are the banks.

This whole consumer protecting business SOUNDS good, but I bet it ends up screwing good small businesses doing competition to the big wigs giving money to both parties.



posted on Jan, 6 2012 @ 09:54 AM
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Originally posted by xuenchen
Not everybody understands how the Repubs can block appointees with a Dem majority in the U.S. Senate.


In case you hadn't noticed, it's not just presidential appointments that the republicans have been blocking, they've been blocking everything Obama and the democrats support. Even if it means they have to reverse a previous republican held position. They block everything just for the sake of opposing Obama at every turn in an attempt to insure that his policies fail helping them to accomplish their #1 stated goal, which is to make Obama a 1 term president.

How you ask? They do it via their newfound strategy of eliminating the "simple majority" in the senate and filibustering everything they disagree with, insuring that it now takes a "super-majority" of 60 votes to get anything passed. If I'm not mistaken, in a best case scenario, the democrats can only muster 53 votes, so you can see how it's really quite easy for them to block virtually every democratic initiative brought before the senate.



Originally posted by xuenchen
Can someone explain and give some real time examples ?

Elizabeth Warren would be a good start.


Judging by some of your post in this thread, it's apparent that you're pretty much in the dark about this entire agency, how and why it was formed and more specifically, how the republican establishment has done everything in their power to see that it never gets up & running. I would suggest reading this article from Wiki as a good place to start;

en.wikipedia.org...

It touches on most of the questions you posed and it offers numerous links to other supporting documentation about the new agency and it's history to date.

By the way, I agree wholeheartedly with what the President has done. If Congress doesn't want the POTUS, (regardless of political affiliation) to make presidential appointments then they should stay in session and do their damn job! You ever heard the old saying; "Lead, follow, or get the hell out of the way?" Well I'm actually quite pleased that Obama finally decided to stand up to the blatant republican obstructionism and "Just Do It." At least now Congress will have to do something instead of just sitting on their asses and doing nothing.
edit on 6-1-2012 by Flatfish because: (no reason given)



posted on Jan, 6 2012 @ 10:34 AM
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reply to post by Flatfish
 


Thanks.

Many don't know about the super-majority thing.

It seems like just simple Repub vs Dems.

Right or wrong, the majority of citizens pay either way.




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