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Obama bypasses Senate, installs new consumer chief
Associated Press ^ | 1-4-12 | BEN FELLER and JIM KUHNHENN

Posted on 01/04/2012 11:07:27 AM PST by Justaham

President Barack Obama says he won't take "no" as an answer from Republicans, so he's going around them to appoint the head of a new consumer protection agency. Obama says Republicans would just keep holding Richard Cordray's nomination hostage—and the president says that's inexcusable and wrong.

He says Cordray must be in place in order for the Consumer Financial Protection Bureau to start helping consumers deal with unscrupulous mortgage companies, dishonest payday lenders, and others.

Obama announced the appointment of Cordray during a stop Wednesday in Ohio, where Cordray once served as attorney general.

Republicans are outraged but Obama says he has an obligation to act when Congress refuses to.

The recess appointment means Cordray stands to serve for at least the next two years.

(Excerpt) Read more at breitbart.com ...


TOPICS: Breaking News; Crime/Corruption; Front Page News
KEYWORDS: absolutedespotism; barneyfrank; bhofascism; biggovernment; cordray; corruption; czar; democrats; doddfrank; elizabethwarren; enemywithin; fascism; fedzilla; gingrich; impeach; king; liberalfascism; longtrainofabuses; lping; nobama2012; obama; scottbrown; shadowwars; socialism; threatmatrix; tyranny; tyrant; usurpations; usurper; warren
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To: CutePuppy

Thanks for that explanation of how we got here.

And the suggestions of how the GOP might deal with it.

The use of it as a weapon during the upcoming campaign is smart. We are about to witness the dirtiest and most underhanded efforts by the left. They know we are on to their tricks and they will do ANYTHING to survive and say in power.

It is our duty as citizens to destroy these enemies of the nation we all love.


151 posted on 01/04/2012 7:39:51 PM PST by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: Fantasywriter

Choose your battles, and this isn’t it. Unfortunately, we’ll have to let this slide.....and remember what Bubba said back in ‘92? “It’s the Economy, Stupid!” So we have to stay on the message.


152 posted on 01/04/2012 7:50:18 PM PST by MinorityRepublican
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To: MinorityRepublican

Are you sure your reply was meant for me? It doesn’t match up w anything I posted.

Regards.


153 posted on 01/04/2012 7:58:28 PM PST by Fantasywriter
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To: Justaham; All

Even if Corday is deemed to be recess-appointed, he may have another problem.

The text of the Dodd-Frank law [that created the CFPB] states that the director’s powers will not take effect until the CFPB director “is confirmed by the Senate.”

If it is a recess appointment, the Senate is not in session and he was not confirmed. His recess appointment lasts until the end of the current Congress.

No confirmation = no powers to perform duties through the end of the current Congress.

Obama cannot have it both ways - he cannot claim a recess appointment AND claim that Corday was confirmed by the Senate.


154 posted on 01/05/2012 12:23:35 AM PST by Lmo56 (If ya wanna run with the big dawgs - ya gotta learn to piss in the tall grass ...)
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To: Justaham
King Putz!.....Big A-hole!
155 posted on 01/05/2012 7:18:49 AM PST by AngelesCrestHighway
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To: Sarah Barracuda

I think that’s been his (leftists’) plan all along. We cons need to be burning up the phone and fax lines on this issue. Are we? Nope. Just like Obamacare....

no big deal.

“I guess in Obama’s mind, he knows he will lose the general election so he is going to do everything he can to rip this country apart to shreds so even when he loses, he knows the next guy wont be able to fix the damage he has done,”


156 posted on 01/05/2012 9:27:06 AM PST by XenaLee (The only good commie is a dead commie.)
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To: Lmo56

Yet still, like the typical leftist he IS, he’ll try.

Are “We, the People”, really going to sit back, do nothing and allow this BS to stand?

“Obama cannot have it both ways - he cannot claim a recess appointment AND claim that Corday was confirmed by the Senate.”


157 posted on 01/05/2012 9:30:08 AM PST by XenaLee (The only good commie is a dead commie.)
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To: MinorityRepublican

And why, exactly, do we “have to” let this slide???

“Choose your battles, and this isn’t it. Unfortunately, we’ll have to let this slide.....and remember what Bubba said back in ‘92? “It’s the Economy, Stupid!” So we have to stay on the message.”


158 posted on 01/05/2012 9:53:10 AM PST by XenaLee (The only good commie is a dead commie.)
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To: Texas Fossil

Agreed!

“It is our duty as citizens to destroy these enemies of the nation we all love.”


159 posted on 01/05/2012 9:54:10 AM PST by XenaLee (The only good commie is a dead commie.)
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