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by monksy 2858 days ago
> parties in power

We haven't had a lot of politicians that have been pro-human/worker/consumer rights in a while. We got a consumer regulatory agency. But when did you see them push back against actual troublemakers.

2 comments

> parties in power

Sounds like the usual "both parties are the same" nonsense.

I saw them push back all the time. They recovered billions for consumers.

The success of the agency is written about in many publications. Read up on it before putting it down.

One party enacted consumer protections and another party is working to rip it apart. There is a clear difference between the two.

Here's an example article highlighting the success of the agency and the Republican desire to end it http://fortune.com/2017/01/27/donald-trump-cfpb-consumer-pro...

The consumer protection agency in the US was making great strides in pushing back against many bad players, including predatory lenders. Then the republicans gutted and defunded it, ending many investigations and siding with the scum feeding off the poor.
Classic strategy, by the way. Defund, then point to it and say "see, it doesn't work!"
And then jump on board? I always knew Timmy was just like Robin Hood... only different.

https://www.cbsnews.com/news/private-equity-firms-are-the-ne...

Note to self: one flavor of Kool Aid is good, the other flavor is bad.