Skip to comments.Occupy Wall Street as law of the land [ Elizabeth Warren's creation ]
Posted on 11/19/2011 5:04:38 PM PST by NoLibZone
Think Occupy Wall Street (OWS) is just non-peaceable assembly of malcontents and miscreants literally infesting American cities?
Think again. The OWS agenda is now law of the land in the form of a government agency called the Consumer Financial Protection Bureau (CFPB).
The CFPB was created under the Dodd-Frank financial -- ahem -- "reform" legislation when Democrats controlled both chambers of Congress in 2009. The law was signed by President Obama, who simultaneously manages to be Goldman-Sachs best friend and an OWS sympathizer.
Harvard law professor Elizabeth Warren, who is now running for the senate seat held by Sen. Scott Brown, R-MA, was the Dr. Frankenstein of this Orwellian-named monster.
Warren is an unabashed supporter of the Occupy Wall Street protests. In October she proudly proclaimed to The Daily Beast, "I created much of the intellectual foundation for what they do . . . . I support what they do.
The CFPB is technically an independent government bureau to regulate financial products and services. It is a bureaucracy with unparelleled control and an unfortunate, if not unconstitutional, amount of discretion over the free market.
The Heritage Foundation described the CFPB as largely unaccountable to Congress, and that it is the epitome of regulatory excess.
George Mason law professor Todd Zywicki, speaking recently at a Federalist Society conference, called the CFPB "the most powerful [bureaucracy] in U.S. history," and said that "if you sat down and designed an agency with all the pathologies of bureaucracies, the CFPB would embody it."
Interestingly, the self-proclaimed brains behind OWS has a not-in-my-backyard attitude. Professor Warren refused to sign an Occupy Harvard petition. Perhaps she thought her colleagues would find the lice, rapes and other OWS phenomena unappealing.
Obama initially wanted Warren to run the CFPB. He appointed her as a "consumer" czar before the CFPB officially began operations this July. Warren, however, was too controversial for Senate confirmation to officially head the CFPB.
Obama instead nominated the less provocative Richard Cordray, but "Young Frankensteins" nomination is being held up.
Cordrays highest previous position in government was as Ohios attorney general. His most noteworthy achievement seems to have been suing banks on behalf of public employee unions.
While the top slots at the CFPB remain unfilled, Obama is busy filling lower slots with lawyers who seem to have experience in using big government to bully the private sector, but little or none in providing sound financial products and services.
Nicholas Rathod comes to the CFPB from the White House. A former community organizer who spent time at the ultra-left Center for American Progress, he once served as New York Gov. Eliot Spitzers political director before Client No. 9 abruptly left office.
Lisa Konwinski also transfers seamlessly from the White House. Her previous work included stints for Congressional Progressive Caucus members Marcy Kaptur, D-OH, and Louise Slaughter, D-NY.
Meredith Fuchs was the legislative investigative counsel at the center of calling executives of AT&T, Verizon, and John Deere to congressional hearings in 2010 to explain why they had the temerity to tell the truth in public documents that Obamacare would cost more than what Democrats were telling the public.
OWS is a statist-anarchist movement. The anarchist part despises private property rights; the statist part wants government control of private property unfettered by the constitutional rule of law.
The CFPB is being filled with those who seem share the OWS ideology, but who have law degrees.
Who knew that OWS had its own law and a federal agency to impose it?
Mark J. Fitzgibbons is co-author with Richard Viguerie of The Law That Governs Government: Reclaiming The Constitution From Usurpers And Societys Biggest Lawbreaker.
Read more at the Washington Examiner: http://washingtonexaminer.com/opinion/op-eds/2011/11/occupy-wall-street-law-land#ixzz1eCdB2Pqk
Sponsoring FReepers are contributing
$10 Each time a New Monthly Donor signs up!
Get more bang for your FR buck!
Click Here To Sign Up Now!
When the next bailout occurs we now have a name to beat the left with.
Bigger than Scott Brown v Warren is the DNC's grooming her for 2016.
The money quote. Repeal Dodd-Frank.
Obama era politics are illustrated in parts of “Monte Python and the Holy Grail”.
OWS calls to mind the part of the movie where the king attempts to ask directions of a couple who are gathering mud. When the king declares himself king the man declares himself an anarco syndicalist who hasn’t voted for any king. The dialogue goes on from there.
Medicare cost control and euthanasia proponents bring to mind the plague town scene in the movie where a man pulling a card with several dead bodies down the road repeatedly yells “bring out your dead”. A man come out carrying another man over his shoulder. The apparent body says, “I’m not dead yet!!”. The argument goes on in Pythonian style until the body collector kills the complaining man. You can’t get a better satire of “death panel”.
The scene which calls Obama, chin arrogantly pointed skyward, to mind is one where two villagers are arguing as to who is the king. First man, “How can you tell he’s the king?”. Second man, “Well now he’s the only one who doesn’t have any sh!t on him, isn’t he?”.
Unfortunately our political elite take themselves quite seriously.