First the NSA, now comes the CFPB.

[Ishmael]

By 2014 their goal is to monitor and collect the data on 95% of all credit cards. Not just the transactions, but the cards themselves which tie the data mining to individuals. How is this 'protecting' the consumer?

CFPB Data Mining.

Ishmael

 

[4est_4est_Gump]

The noose tightens as the Fourth Branch of government becomes more powerful than its creator...



How can you measure the value of knowing that company books are sounder than they were before? Of no more overnight bankruptcies with the employees and retirees left holding the bag? No more disruption to entire sectors of the economy?
Michael Oxley 2002
Co-Author of Sarbanes-Oxley Law
(Jon Corzine, co-sponsor)

It will take the next economic crisis, as certainly it will come, to determine whether or not the provisions of this bill will actually provide this generation or the next generation of regulators with the tools necessary to minimize the effects of that crisis.
Chris Dodd
Co-Author Dodd-Frank Financial Reform Act
Friend of Angelo

 

[Ishmael]

The noose tightens as the Fourth Branch of government becomes more powerful than its creator...



How can you measure the value of knowing that company books are sounder than they were before? Of no more overnight bankruptcies with the employees and retirees left holding the bag? No more disruption to entire sectors of the economy?
Michael Oxley 2002
Co-Author of Sarbanes-Oxley Law
(Jon Corzine, co-sponsor)

It will take the next economic crisis, as certainly it will come, to determine whether or not the provisions of this bill will actually provide this generation or the next generation of regulators with the tools necessary to minimize the effects of that crisis.
Chris Dodd
Co-Author Dodd-Frank Financial Reform Act
Friend of Angelo

Another case of, "We'll have to pass it to see what's in it." *chuckle*

Ishmael