Donald J. Trump (For everyone else except Victor)
I assume it's still acceptable to have a Trump thread in a Politics forum?
So this is an obvious lie - basically aimed at
"access" could mean a million different things. If Elon actually has some kind of god-mode super admin account and is mashing buttons, hopefully there will be more evidence than a vague comment from two anonymous people.
he can see everything or so it seems.
Doesn't mean he can redirect money at his will, there is no mention at all of that.
He is looking at who's getting the money and using it for leverage. In the senate to get nominations, and against enemies (=leftists) to dismantle their power base, once agencies get informed that this and that payment look suspicious and so on.
Looks like Mexico just arrested the number 2 leader of Los Zetas cartel in Nuevo Laredo.
Things are moving fast.
Now all the actions needed to kill all programs which aren't in american interest will be done by an agency with the power to do so.
DOGE will help find the fat as fast as possible
https://x.com/sentdefender/status/188646...
According to CBS, the United States Agency For International Development (USAID) will be fully merged into the U.S. State Department. The Agency is also set to receive significant cuts to its workforce and likely its budget as well. U.S. Secretary of State Marco Rubio has characterized his office’s communications with the agency as “unresponsive.” Secretary Rubio was previously appointed as the acting administrator for the agency by U.S. President Donald J. Trump. More to come.
Let's hope Rubio can preserve the docs.
If it makes any of you feel better, my emergency meeting this morning was all about tariffs.
We have about 7 million dollars worth of signed contracts that could be affected, depending on what the vendors do. The question is which part of the supply chain is going to bite the bullet on the material increase, or will it be a group effort? I've already made the decision to not ask our customers to chip in. Not worth the potential fallout.
The added material costs will of course be baked into any new contracts starting today.
One of Trumps biggest fans talked some **** during the meeting. If this all does implode, the country itself will be fine, obviously. America is bigger than that. But if it does end up to be a really rough ride, Trump himself may end up being the vaccine that the deplorables needed.
But then again, I just saw that the Mexican tariffs were paused a short while ago, so if Canada falls in line next, then all of this bitching, moaning, and gnashing of teeth will have been for nothing and we can all go back to spamming #WINNING.
I know you think that's perfectly acceptable. It isn't.
Taken over key federal systems including payment systems and the data of EVERYONE in the USA, have locked out the people who were responsible for overseeing it, and they have no oversight or control. I don't 'think' they are doing this, they are doing this.
Is this supposed to be new news? Before the election they repeated 1,000 times they are putting the federal gov't on a budget. What led you to believe they weren't going to look at the budget?
I have never seen a post about you being anti the gov't having this kind of data. Does this mean you are ok w/ others in the gov't having this data but you aren't happy about those who are tasked with reducing the spending having the same data others had?
they just shut down cfpb. That would be the CONSUMER financial PROTECTION bureau. Hey you idiot trumpers, the leopard is eating your faces.
This is like the people dying of covid screaming that it's a hoax all over again.
A hoax IRT lab origins? Yeah, I've heard that before. Happy to say we have moved on.
This is one thing I can get behind. All it mostly did was take small imagined problems and smash them with a sledgehammer. Good riddance.
I'm admittedly not informed enough to argue but that's not the point. The point is this administration is wiping away any sort of watchdog. They don't want a lick of accountability. I just don't see how any non-trumper cant figure out what is going on.
This is one thing I can get behind. All it mostly did was take small imagined problems and smash them with a sledgehammer. Good riddance.
It was formed after the housing crisis to hold banks and financial institutions more accountable. Which one of these things that the CFPB did, do you think is imaginary and not any good?
1. Cracking Down on Predatory Lending (Payday Loans)
What they did:
Issued rules to regulate payday lenders, ensuring they assess a borrower’s ability to repay.
Fined companies for deceptive practices that trapped consumers in debt cycles.
Impact:
Helped prevent exploitative lending practices targeting vulnerable populations.
2. Holding Big Banks Accountable (Wells Fargo Scandal)
What they did:
Fined Wells Fargo $185 million in 2016 for creating millions of fake accounts without customer consent.
Required the bank to refund customers and change its business practices.
Impact:
Sent a strong message to the banking industry about fraudulent practices.
3. Creating the Consumer Complaint Database
What they did:
Launched a public database where consumers can file complaints about banks, credit card companies, debt collectors, etc.
Impact:
Increased transparency and helped hold financial institutions accountable.
Over 2 million complaints filed, helping guide regulatory investigations.
4. Protecting Consumers from Credit Card Abuses
What they did:
Enforced the Credit Card Accountability Responsibility and Disclosure Act (CARD Act).
Fined companies for illegal credit card practices like hidden fees and deceptive marketing.
Impact:
Saved consumers billions in fees, ensured clear disclosures, and limited unfair interest rate hikes.
5. Mortgage Rules to Prevent Another Housing Crisis
What they did:
Created the “Ability-to-Repay” rule, requiring lenders to verify a borrower’s ability to repay a mortgage.
Implemented the Qualified Mortgage (QM) rule to reduce risky lending.
Impact:
Helped prevent predatory mortgage practices that contributed to the 2008 financial crisis.
6. Debt Collection Reforms
What they did:
Issued new rules to regulate debt collectors, limiting harassment, and requiring accurate information about debts.
Impact:
Reduced abusive debt collection practices and protected consumers from being pursued for debts they didn’t owe.
7. Student Loan Protections
What they did:
Took action against student loan servicers like Navient for misleading borrowers about repayment options.
Advocated for transparent loan servicing and fair repayment plans.
Impact:
Recovered millions of dollars for student borrowers and improved loan servicing standards.
8. Auto Loan Discrimination Cases
What they did:
Investigated auto lenders for discriminatory practices against minority borrowers.
Fined companies like Ally Financial for charging higher interest rates to Black, Hispanic, and Asian borrowers.
Impact:
Recovered millions for affected consumers and reduced discriminatory lending practices.
9. Enforcing Protections for Military Members
What they did:
Enforced the Military Lending Act (MLA), protecting service members from predatory lending.
Fined lenders who targeted military families with illegal loans and fees.
Impact:
Ensured financial protections for military personnel and their families.
10. COVID-19 Financial Relief Protections
What they did:
Implemented rules to protect consumers facing financial hardship during the pandemic.
Worked to prevent foreclosures, regulate mortgage forbearance, and ensure access to relief programs.
Impact:
Helped millions of Americans avoid financial ruin during the economic downturn.
Key Statistics (Since 2011):
Over $15 billion returned to consumers through enforcement actions.
More than 2 million complaints handled through the public database.
Investigations led to hundreds of companies fined for consumer protection violations.
I actually used them once to protect me from an illegal creditor attacking my credit.. and it worked! Go figure.
And how many of those worthy enforcement tasks could not have been performed by the Bureau of Consumer Protection?
Der Markt could do all that on its own.
Don’t you guys have success suing a bank for creating a fake account in your name to boost their accounting numbers all the time? Lol at anyone who needs the nanny state to do that for them.
And how many of those worthy enforcement tasks could not have been performed by the Bureau of Consumer Protection?
They didn't do it before 2008, so I'm guessing not many. I don't think either you or I would know the exact answer to that question, but saying the CFPB is going after imaginary issues is obviously blatantly false. They did a lot of good for retail customers in a very short time period.
I'm one of those people who benefited.
Holding banks and financial institutions to account for bad practices, should be non-partisan. And acting as if Joe plumber is going to be able to do these things on his own is a farce.
If it makes any of you feel better, my emergency meeting this morning was all about tariffs.
We have about 7 million dollars worth of signed contracts that could be affected, depending on what the vendors do. The question is which part of the supply chain is going to bite the bullet on the material increase, or will it be a group effort? I've already made the decision to not ask our customers to chip in. Not worth the potential fallout.
The added material costs will of course be baked into any
which side do you have problem with, mexico or canada?
they just shut down cfpb. That would be the CONSUMER financial PROTECTION bureau. Hey you idiot trumpers, the leopard is eating your faces.
it's called consumer financial protection bureau so it must be good!
you are the kind of person who thinks the "chinese people liberation army" is a force of good
i understand you must be living among so many libs, you had to wear a mask for so long, you started to like it.
But we both know when alone with your head on a pillow you are going to sleep so well knowing so many liberal projects got smashed into ruins
They didn't do it before 2008, so I'm guessing not many. I don't think either you or I would know the exact answer to that question, but saying the CFPB is going after imaginary issues is obviously blatantly false. They did a lot of good for retail customers in a very short time period.
I'm one of those people who benefited.
Holding banks and financial institutions to account for bad practices, should be non-partisan. And acting as if Joe plumber is going to be able to do these things on his own
ye america was unlivable before the CFPB existed, it was only the best country in the world.
Correcto... Lucy believes that a measure of your success as a person is how much money you have. The more money you have is proof of your intelligence, and gives you authority over others. That's all you really need to know about his flawed world view. Everything comes out of that premise, so he's a stern defender of the billionaire class. A classic bootlicker, as they'd say.
I wouldn't say that... I believe people are inherently good, but bad information in, creates bad information out. We live in a world that for decades, conservatives in America (and around the world) have been convinced that their neighbors are their enemy. Not the people stealing their investments, wages, vacation pay, retirement, etc... it's your neighbor. That's who you need to blame.
it's called consumer financial protection bureau so it must be good!
you are the kind of person who thinks the "chinese people liberation army" is a force of good
Well, there's regulations prohibiting toxic waste in water. Any idea why, einstein? Because factories were dumping toxic waste in the water.
There's a bureau to protect consumers for the same reason. Because bad guys were scamming consumers. Trump university is a perfect example.
These government entities don't just spawn themselves from a vacuum. Somebody does bad **** and it hurts people.
Maybe if there were less shitheads like our grifter-in-chief that think fraud and such are perfectly fine, we wouldn't need the government to step in.
