Reactorboy
December 11th, 2011
Lindsey Graham: Consumer Protection Bureau ‘Is Something Out Of The Stalinist Era’
WASHINGTON — Sen. Lindsey Graham (R-S.C.) said on Sunday that an agency established to protect consumers from financial fraud “is something out of the Stalinist era.”
Graham, speaking on NBC’s “Meet The Press,” was asked why Senate Republicans had filibustered President Obama’s nominee to head the Consumer Financial Protection Bureau, which was created as part of 2010’s Wall Street reform.
Graham spoke as if the bureau had yet to be created and debate was over how to shape it, rather than discussing the nominee, Richard Cordray, the former attorney general in Ohio.
“This consumer bureau that they want to propose is under the Federal Reserve, no appropriation oversight, no board. It is something out of the Stalinist era,” Graham said.
The CFPB moved through both chambers of Congress and passed the Senate in a landslide, winning 60 votes, including three Republicans.
“The reason Republicans don’t want to vote for it is we want a board, not one person making all the regulatory decisions,” said Graham, continuing to talk as if the bureau doesn’t yet exist.
Protecting citizen consumers from being exploted? Stalinist extreamism.
Protecting multi-national corporations and banks? Free market patriotism.
Photo posted 5 months ago ∞
Tags: Politics GOP is for suckers Lindsey Graham can SuckItThanks to:
and 
Comments (View)
54 notes
-
consciousefforts reblogged this from sawyeriii1776
-
sawyeriii1776 reblogged this from brosephstalin
-
afractalparticle reblogged this from abaldwin360
-
whatshallwedo liked this
-
jethroq reblogged this from randomactsofchaos
-
kriszensufi liked this
-
pieceinthepuzzlehumanity reblogged this from randomactsofchaos
-
quickhits liked this
-
randomactsofchaos liked this
-
randomactsofchaos reblogged this from think4yourself
-
section9 liked this
-
aycedanger reblogged this from reagan-was-a-horrible-president
-
think4yourself reblogged this from truth-has-a-liberal-bias
-
think4yourself liked this
-
diggberals reblogged this from abaldwin360
-
joetomcollins liked this
-
chzane liked this
-
teachmeyourtongues liked this
-
laziestgenius liked this
-
spunti-di-riflessione reblogged this from fuckyeahtopher
-
abaldwin360 reblogged this from truth-has-a-liberal-bias and added:
I’m so fucking sick of everything the GOP opposes being labeled “socialism”, extremism, “job destroying”, or...
-
littleblackkittycat liked this
-
fuckyeahtopher reblogged this from truth-has-a-liberal-bias
-
truth-has-a-liberal-bias reblogged this from reagan-was-a-horrible-president
-
brotherdarkness liked this
-
workingoninteresting liked this
-
lookpeople liked this
-
timekiller-s reblogged this from waltzmixer and added:
I would say this is hyperbolic, but what it really is is flat out ignorant. Graham’s an idiot, like many Republicans,...
-
timekiller-s liked this
-
saboma liked this
-
waltzmixer reblogged this from reagan-was-a-horrible-president
-
this-is-somestuff reblogged this from reagan-was-a-horrible-president
-
how-to-kiss-distinctly-american liked this
-
politicaloctopus reblogged this from socialistexan
-
reactorboy reblogged this from reagan-was-a-horrible-president
-
reactorboy liked this
-
brandx reblogged this from reagan-was-a-horrible-president
-
piecesoflogic liked this
-
piecesoflogic reblogged this from anirishginger
-
anirishginger reblogged this from reagan-was-a-horrible-president
-
thetomblr reblogged this from reagan-was-a-horrible-president
-
humanformat liked this
-
reagan-was-a-horrible-president reblogged this from socialistexan
-
sawyeriii liked this
-
likethedew liked this
-
brosephstalin reblogged this from socialistexan and added:
I hate it whenever a politician (usually Republican) talks about anything history related I have now determined.
-
socialistexan reblogged this from sinidentidades and added:
Protecting citizen...extreamism. Protecting multi-national corporations
-
sinidentidades posted this
