"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Columnist Wants Consumer Bureau to Be 'Big Brother'
Submitted by Melinda L. Secor on Sun, 2012-01-22 01:00
"This paternalism is enshrined in the Dodd-Frank financial 'reform' law that created the bureau and many other 'big brother' bureaucracies and mandates. As Singletary notes, Dodd-Frank gives the bureau the power to ban not just financial practices and products that are 'unfair' or 'deceptive,' but also those that the bureau simply deems 'abusive.'"
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