From Breitbart (cited by The Washington Post):
"The operation is headed by political operatives and career bureaucrats at the Department of Justice, the FDIC, and the new Consumer Financial Protection Bureau ("CFPB"). It appears to be the latest example of the Obama administration's successful efforts to weaponize the apparatus of the federal government against people and industries it opposes ideologically. "
The CFPB goes after short-term lenders and has been expanding its powers in an outrageous manner despite not being elected or subjected to Congressional oversights.
Thus continues the theory that bureaucrats act like mobsters.
Basically, what they're doing is racketeering.
"The operation is headed by political operatives and career bureaucrats at the Department of Justice, the FDIC, and the new Consumer Financial Protection Bureau ("CFPB"). It appears to be the latest example of the Obama administration's successful efforts to weaponize the apparatus of the federal government against people and industries it opposes ideologically. "
The CFPB goes after short-term lenders and has been expanding its powers in an outrageous manner despite not being elected or subjected to Congressional oversights.
Thus continues the theory that bureaucrats act like mobsters.
Basically, what they're doing is racketeering.
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