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Consumer bureau data-mining hundreds of millions of consumer credit card accounts, mortgages
Washington Examiner ^ | 29 January 2014 | Richard Pollock

Posted on 01/29/2014 10:15:43 AM PST by Errant

Officials at the Consumer Financial Protection Bureau are conducting a massive, NSA-esque data-mining project collecting account information on an estimated 991 million American credit card accounts.

It was also learned at a Congressional hearing Tuesday that CFPB officials are working with the Federal Housing Finance Agency on a second data-mining effort, this one focused on the 53 million residential mortgages taken out by Americans since 1998.

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


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Government
KEYWORDS: cfpb; citizens; datamining; dodd; fhfa; frank; nsa; privacy; records; spying
"The NSA does not ask Americans' permission to collect their phone records and emails and texts. The CFPB does not ask permission to collect information on America's financial consumers

The mortgage information is being compiled in a database that can be "reversed engineered" by hackers seeking information for identify theft, according to an expert cited during the hearing.

The revelations came in a hearing of the House Financial Services Committee, during which CFPB Director Richard Cordray was repeatedly pressed about federal officials rummaging around in the private financial affairs of millions of Americans."

1 posted on 01/29/2014 10:15:43 AM PST by Errant
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To: All
an estimated 991 million American credit card accounts

Just HOW many credit cards do you people have???

2 posted on 01/29/2014 10:17:49 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: Errant
No credit cards, no mortgage, no bank accounts. I must not exist.

/johnny

3 posted on 01/29/2014 10:19:30 AM PST by JRandomFreeper (Gone Galt)
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To: Errant
Just HOW many credit cards do you people have???

991 million.

4 posted on 01/29/2014 10:19:50 AM PST by houeto (https://secure.freerepublic.com/donate/)
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To: Errant

~ three.


5 posted on 01/29/2014 10:21:09 AM PST by Paladin2
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To: Errant

Totally unconstitutional!! Fascism!! Tyranny!! Stalin would be proud of his little Marxist bro.


6 posted on 01/29/2014 10:22:47 AM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Errant; COUNTrecount; Nowhere Man; FightThePower!; C. Edmund Wright; jacob allen; Travis McGee; ...

Nut-job Conspiracy Theory Ping!

To get onto The Nut-job Conspiracy Theory Ping List you must threaten to report me to the Mods if I don't add you to the list...

7 posted on 01/29/2014 10:29:21 AM PST by null and void (<--- unwilling cattle-car passenger on the bullet train to serfdom)
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To: Errant
Congress' powers to oversee the CFPB are limited. The federal Dodd-Frank Act that created the bureau requires that the Senate confirm its directors, such as Cordray, and that the director testify before Congress twice a year, but Congress' authority stops there. The bureau is part of the Federal Reserve, for which Congress similarly confirms top officers but has no direct oversight. Cordray's nomination to the CFPB director's post was confirmed by the Senate last year.

That pretty much tells you what the real goal here is.

How many of our worthless, traitorous Republicans voted for the POS law that created this? As far as "little oversight" goes, they passed the law, they can repeal it and/or defund the agency. Just like ObamaCare. Oh, well never mind then.

Republicans have your back all right. Problem is, they are inserting a knife in it.

8 posted on 01/29/2014 10:35:06 AM PST by ChildOfThe60s ((If you can remember the 60s.....you weren't really there)
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To: Errant

Missing from these reports is a REASON for the data collection.

Does anyone know the purported excuse for this?


9 posted on 01/29/2014 10:35:40 AM PST by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem)
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To: Errant

Well I have four, myself. Same for the wife. So eight in the household and not a carry over balance on any of them.


10 posted on 01/29/2014 10:36:24 AM PST by Patriot365
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To: Errant

Then foreign faceless donors could make donations to Dems under fake names using your credit card.

win/win for rats.


11 posted on 01/29/2014 10:37:18 AM PST by TurboZamboni (Marx smelled bad and lived with his parents .)
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To: null and void

with more to come


12 posted on 01/29/2014 10:40:42 AM PST by Nifster
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To: Errant

Now we know who really hacked Target.


13 posted on 01/29/2014 10:40:55 AM PST by bgill
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To: Jewbacca

to chase tax evaders


14 posted on 01/29/2014 10:46:15 AM PST by silverleaf (Age takes a toll: Please have exact change)
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To: JRandomFreeper
I must not exist.

Smart. I just have one and of course a bank account that goes with it - no mortgage though, thankfully.

15 posted on 01/29/2014 10:54:34 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: bgill

Yep, no telling who all they’ve got working on this big of a project as contractors. We’re doomed...


16 posted on 01/29/2014 10:56:24 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: Jewbacca
Just the fed gov balancing there checkbook.
17 posted on 01/29/2014 10:58:34 AM PST by justrepublican (Screaming like a "Vexatious requester" at a Wellstone memorial...........)
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To: Jim Robinson

Paypal donation on the way. ;) You ever plan on taking Btc?


18 posted on 01/29/2014 10:59:31 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: justrepublican
Just the fed gov balancing there checkbook.

With this information, O could charge every account if he wished.

19 posted on 01/29/2014 11:03:55 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: Errant; 3D-JOY; abner; Abundy; AGreatPer; Albion Wilde; AliVeritas; alisasny; ALlRightAllTheTime; ..

PING!


20 posted on 01/29/2014 11:11:24 AM PST by Tolerance Sucks Rocks (...)
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To: Lurkina.n.Learnin; nascarnation; TsonicTsunami08; SgtHooper; Ghost of SVR4; Lee N. Field; DTA; ...

Click to be Added / Removed.
21 posted on 01/29/2014 11:12:53 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: Errant

They are trying to connect the dots to find circumstantial evidence of race/gender discrimination. Then they are gonna go after these banks with a sledgehammer.


22 posted on 01/29/2014 11:15:26 AM PST by Buckeye McFrog
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To: Errant; onyx; JustAmy; trisham; TheOldLady; DJ MacWoW; RedMDer; musicman; Lady Jag; STARWISE; ...

Thank you bvery much, Errant!! No plans at this time.

Woo hoo!!

And this just in:

$10.00 from Never Never Land
$20.00 from California
$20.00 from Never Never Land
$20.00 from Never Never Land
$10.00 from Connecticut
$25.00 from Maryland
$50.00 from Georgia
$50.00 from California
$3.00 from Kentucky
$20.00 from New York

Thank you all very much!!

FReepers ROCK!!


23 posted on 01/29/2014 11:29:12 AM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Jewbacca

The reason for the data collection is to use it later.
Given the felonious nature of the current rulers, it will be used for blackmail and other activities on their political enemies. Just another facet of phone and internet spying.


24 posted on 01/29/2014 11:31:02 AM PST by Texas resident
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To: Jim Robinson
Hey, Free Republic is absolute the best value on the Internet! I can't begin to tell you how many great ideas I've found here on everything from advice on purchases, health, gardening, investing, and etc., not to mention my first stop for news about what's happening around the world.

God Bless you and the entire crew! And thanks for your hard work!!

25 posted on 01/29/2014 11:37:32 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: Errant; FReepers; RedMDer; DJ MacWoW; trisham; musicman; TheOldLady; Lady Jag; The Cajun; ...

JIM IS OVER HERE JUST POSTED YOUR GENEROUS DONATIONS!!!

Thank you bvery much, Errant!! No plans at this time.

Woo hoo!!

And this just in:

$10.00 from Never Never Land
$20.00 from California
$20.00 from Never Never Land
$20.00 from Never Never Land
$10.00 from Connecticut
$25.00 from Maryland
$50.00 from Georgia
$50.00 from California
$3.00 from Kentucky
$20.00 from New York

Thank you all very much!!

FReepers ROCK!!









THANK YOU SO MUCH AGAIN, FReeper PATRIOT DONORS!!!



OUR 1ST QUARTER FReepathon IS WELL UNDERWAY!!

PLEASE MAKE YOUR DONATION!!!!

GO MONTHLY IF YOU POSSIBLY CAN!!!

THANK YOU ALL VERY MUCH & MAY GOD BLESS AND KEEP YOU ALL.



26 posted on 01/29/2014 11:37:35 AM PST by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)
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To: Jewbacca

To cut you off from your credit in the name of national security - or to see how many guns/ammunition you have bought on credit. It’s for the kids you know.


27 posted on 01/29/2014 11:38:28 AM PST by SkyDancer (Live your life in such a way that the Westboro church will want to picket your funeral)
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To: onyx
Add $20 more from Louisiana to that list. Not sure how long it takes Paypal, but it's on the way. :)

Thanks,

28 posted on 01/29/2014 11:40:54 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: Errant; onyx; RedMDer; DJ MacWoW; TheOldLady; JustAmy; Lady Jag; deoetdoctrinae; The Cajun; ...


Thank you very much, Errant!! No plans at this time.

Woo hoo!!

And this just in:

$10.00 from Never Never Land
$20.00 from California
$20.00 from Never Never Land
$20.00 from Never Never Land
$10.00 from Connecticut
$25.00 from Maryland
$50.00 from Georgia
$50.00 from California
$3.00 from Kentucky
$20.00 from New York

Thank you all very much!!

FReepers ROCK!!

~Jim Robinson

***

Yippee!!
I Feel Good!
Go Ahead: Click It!
Everyone!

29 posted on 01/29/2014 11:42:50 AM PST by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: Errant; Jim Robinson
It'll go through in the next round, if it already hasn't.
Regardless, Jim will post yours in his next "incoming"!
Thank you so much!!!!!



GO Louisiana!

THANK YOU SO VERY MUCH,

DEAREST Errant!!!

LA FReeper!!!

The Place for Conservatives
WooHoo!!


30 posted on 01/29/2014 11:45:13 AM PST by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)
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To: FReepers; Patriots
Thank You Wonderful, Fabulous FReeper PATRIOT DONORS!!!!

YOUR LOYAL SUPPORT IS TRULY & GREATLY APPRECIATED!


THANK YOU SO MUCH, 2 CALIFORNIA, CONNECTICUT, GEORGIA, KENTUCKY, MARYLAND, 3 NEVER NEVER LAND & NEW YORK FReepers!!!!

Thank you all very much!

Your loyal support keeps FR alive and well and is truly and greatly appreciated!!

FReepers ROCK!!

~Jim



The Place for Conservatives

   2014 Q1 Scoreboard — ranked by total receipts   


Rank Location Receipts Monthlies
Total # Avg/Per Total # Avg/Per
1
California
$3,554.32 101 $35.19 $987.00 65 $15.18
2
Texas
3,018.00 79 38.20 1,245.00 80 15.56
3
Florida
1,755.00 60 29.25 993.00 49 20.27
4 North Carolina 1,148.00 27 42.52 420.00 20 21.00
5 Virginia 1,056.00 30 35.20 422.00 26 16.23
6 Pennsylvania 1,005.00 31 32.42 320.00 23 13.91
7 Washington 975.00 27 36.11 422.00 21 20.10
8 New York 839.00 32 26.22 210.00 19 11.05
9 Georgia 792.00 23 34.43 300.00 22 13.64
10 Ohio 764.00 26 29.38 296.00 20 14.80
11 New Jersey 682.00 23 29.65 205.00 11 18.64
12 Maryland 643.00 20 32.15 305.00 15 20.33
13 Delaware 605.00 7 86.43 20.00 1 20.00
14 Colorado 595.00 17 35.00 280.00 13 21.54
15 Michigan 525.00 17 30.88 360.00 16 22.50
16 Connecticut 510.00 7 72.86 145.00 6 24.17
17 Missouri 398.00 16 24.88 220.00 13 16.92
18 Minnesota 382.00 18 21.22 237.00 14 16.93
19 Tennessee 375.00 11 34.09 185.00 12 15.42
20 Louisiana 375.00 5 75.00 93.00 6 15.50
21 Massachusetts 366.00 20 18.30 266.00 16 16.62
22 Arkansas 365.00 6 60.83 70.00 5 14.00
23 South Carolina 354.00 15 23.60 150.00 11 13.64
24 Illinois 334.00 14 23.86 125.00 9 13.89
25 Kentucky 320.00 14 22.86 80.00 5 16.00
26 Arizona 299.00 18 16.61 165.00 16 10.31
27 Nevada 265.00 11 24.09 65.00 6 10.83
28 Oregon 240.00 8 30.00 130.00 9 14.44
29 New Mexico 211.00 14 15.07 81.00 6 13.50
30 Mississippi 210.00 7 30.00 195.00 7 27.86
31 Oklahoma 210.00 9 23.33 190.00 9 21.11
32 Wisconsin 201.00 9 22.33 178.00 7 25.43
33 Nebraska 190.00 7 27.14 40.00 4 10.00
34 Canada 185.00 5 37.00 25.00 2 12.50
35 Alaska 170.00 5 34.00 55.00 3 18.33
36 Kansas 158.00 11 14.36 140.00 12 11.67
37 Alabama 140.00 5 28.00 160.00 6 26.67
38 Indiana 135.00 9 15.00 155.00 13 11.92
39 Utah 130.00 4 32.50 80.00 2 40.00
40 United Kingdom 130.00 2 65.00 30.00 1 30.00
41 Norway 120.00 2 60.00 20.00 1 20.00
42 Maine 107.00 5 21.40 37.00 3 12.33
43 Montana 105.00 3 35.00 50.00 1 50.00
44 New Hampshire 100.00 6 16.67 100.00 7 14.29
45 Hawaii 98.00 7 14.00 90.00 6 15.00
46 Idaho 85.00 4 21.25 100.00 6 16.67
47 Germany 50.00 2 25.00
48 Japan 50.00 1 50.00
49 Iowa 40.00 2 20.00 50.00 3 16.67
50 District of Columbia 40.00 2 20.00 40.00 2 20.00
51 Vermont 35.00 2 17.50 15.00 1 15.00
52 El Salvador 30.00 1 30.00
53 Puerto Rico 25.00 1 25.00
54 South Dakota 20.00 2 10.00 25.00 3 8.33
55 Philippines 20.00 1 20.00
56 Australia 20.00 1 20.00
57 Albania 10.00 1 10.00 10.00 1 10.00
58 Armed Forces - Pacific 5.00 1 5.00 5.00 1 5.00
Wyoming 10.00 1 10.00
Never Never Land 586.00 26 22.54 503.00 46 10.93
60 locations total $26,155.32 840 $31.14 $11,100.00 683 $16.25

31 posted on 01/29/2014 11:49:47 AM PST by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)
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To: onyx; Errant; JustAmy; trisham; TheOldLady; DJ MacWoW; RedMDer; musicman; Lady Jag; STARWISE; ...

Thanks again, Errant!!

Woo hoo!!

And this just in:

$100.00 from California
$50.00 from Florida
$20.00 from Louisiana

Thank you all very much!!

FReepers ROCK!!


32 posted on 01/29/2014 11:50:25 AM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Errant; onyx; RedMDer; DJ MacWoW; TheOldLady; JustAmy; Lady Jag; The Cajun; deoetdoctrinae; ...


Thanks again, Errant!!

Woo hoo!!

And this just in:

$100.00 from California
$50.00 from Florida
$20.00 from Louisiana

Thank you all very much!!

FReepers ROCK!!

~Jim Robinson

***

Yippee!!
I Feel Good!
Go Ahead: Click It!
Everyone!

33 posted on 01/29/2014 11:56:14 AM PST by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: FReepers; Patriots; Errant
Thank You Wonderful, Fabulous FReeper PATRIOT DONORS!!!!

YOUR LOYAL SUPPORT IS TRULY & GREATLY APPRECIATED!


THANK YOU SO MUCH, CALIFORNIA, FLORIDA & LOUISIANA FReepers!!!!

Thank you all very much!

Your loyal support keeps FR alive and well and is truly and greatly appreciated!!

FReepers ROCK!!!

God bless!!

~Jim



The Place for Conservatives

   2014 Q1 Scoreboard — ranked by total receipts   


Rank Location Receipts Monthlies
Total # Avg/Per Total # Avg/Per
1
California
$3,554.32 101 $35.19 $987.00 65 $15.18
2
Texas
3,018.00 79 38.20 1,245.00 80 15.56
3
Florida
1,755.00 60 29.25 993.00 49 20.27
4 North Carolina 1,148.00 27 42.52 420.00 20 21.00
5 Virginia 1,056.00 30 35.20 422.00 26 16.23
6 Pennsylvania 1,005.00 31 32.42 320.00 23 13.91
7 Washington 975.00 27 36.11 422.00 21 20.10
8 New York 839.00 32 26.22 210.00 19 11.05
9 Georgia 792.00 23 34.43 300.00 22 13.64
10 Ohio 764.00 26 29.38 296.00 20 14.80
11 New Jersey 682.00 23 29.65 205.00 11 18.64
12 Maryland 643.00 20 32.15 305.00 15 20.33
13 Delaware 605.00 7 86.43 20.00 1 20.00
14 Colorado 595.00 17 35.00 280.00 13 21.54
15 Michigan 525.00 17 30.88 360.00 16 22.50
16 Connecticut 510.00 7 72.86 145.00 6 24.17
17 Missouri 398.00 16 24.88 220.00 13 16.92
18 Minnesota 382.00 18 21.22 237.00 14 16.93
19 Tennessee 375.00 11 34.09 185.00 12 15.42
20 Louisiana 375.00 5 75.00 93.00 6 15.50
21 Massachusetts 366.00 20 18.30 266.00 16 16.62
22 Arkansas 365.00 6 60.83 70.00 5 14.00
23 South Carolina 354.00 15 23.60 150.00 11 13.64
24 Illinois 334.00 14 23.86 125.00 9 13.89
25 Kentucky 320.00 14 22.86 80.00 5 16.00
26 Arizona 299.00 18 16.61 165.00 16 10.31
27 Nevada 265.00 11 24.09 65.00 6 10.83
28 Oregon 240.00 8 30.00 130.00 9 14.44
29 New Mexico 211.00 14 15.07 81.00 6 13.50
30 Mississippi 210.00 7 30.00 195.00 7 27.86
31 Oklahoma 210.00 9 23.33 190.00 9 21.11
32 Wisconsin 201.00 9 22.33 178.00 7 25.43
33 Nebraska 190.00 7 27.14 40.00 4 10.00
34 Canada 185.00 5 37.00 25.00 2 12.50
35 Alaska 170.00 5 34.00 55.00 3 18.33
36 Kansas 158.00 11 14.36 140.00 12 11.67
37 Alabama 140.00 5 28.00 160.00 6 26.67
38 Indiana 135.00 9 15.00 155.00 13 11.92
39 Utah 130.00 4 32.50 80.00 2 40.00
40 United Kingdom 130.00 2 65.00 30.00 1 30.00
41 Norway 120.00 2 60.00 20.00 1 20.00
42 Maine 107.00 5 21.40 37.00 3 12.33
43 Montana 105.00 3 35.00 50.00 1 50.00
44 New Hampshire 100.00 6 16.67 100.00 7 14.29
45 Hawaii 98.00 7 14.00 90.00 6 15.00
46 Idaho 85.00 4 21.25 100.00 6 16.67
47 Germany 50.00 2 25.00
48 Japan 50.00 1 50.00
49 Iowa 40.00 2 20.00 50.00 3 16.67
50 District of Columbia 40.00 2 20.00 40.00 2 20.00
51 Vermont 35.00 2 17.50 15.00 1 15.00
52 El Salvador 30.00 1 30.00
53 Puerto Rico 25.00 1 25.00
54 South Dakota 20.00 2 10.00 25.00 3 8.33
55 Philippines 20.00 1 20.00
56 Australia 20.00 1 20.00
57 Albania 10.00 1 10.00 10.00 1 10.00
58 Armed Forces - Pacific 5.00 1 5.00 5.00 1 5.00
Wyoming 10.00 1 10.00
Never Never Land 586.00 26 22.54 503.00 46 10.93
60 locations total $26,155.32 840 $31.14 $11,100.00 683 $16.25

34 posted on 01/29/2014 12:20:48 PM PST by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)
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To: Errant

We have one.


35 posted on 01/29/2014 12:51:49 PM PST by TheOldLady
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To: Errant

No Suprise. I notice on my grocery receipt,you know, the coupons you get with the receipt? They always contain things I like and use. Same with Facebook, the pop up adds are like the purchases I made the week before. Its like the NSA for consumers. They know every thing about you!


36 posted on 01/30/2014 4:04:00 PM PST by TsonicTsunami08
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