In the there will be blood, pre-fight weigh in surrounding the Consumer Financial Protection Bureau there is this article in the NYTimes. Give them credit they know how to use their assets and play the game but pay attention people American financiers are winning and you and the recovery are losing. Be afraid, they are nimble, have plenty of chips/money to spread around and unlike you--they ARE paying attention. Having purchased the Obama economic team in the '08 election securing their bailouts at your expense(see current austerity budgets and deficits). They moved on and purchased the Republican House in the 2010 and so are minimizing the only progressive innovation of the Dodd/Frank bill. That the CFPB is controversial at all is testament to their power and the biggest weight on our economy. If they continue to get away with it in the next election and in the years to come climate change, peak oil, deficits and industrial policy will continue to be rocks to kick down the road.
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