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> The sad reality is, this type of behavior is not confined to one party or the other. Money should have no place in politics, otherwise you end up with a pluto
by KirinDave 9y ago
> The sad reality is, this type of behavior is not confined to one party or the other. Money should have no place in politics, otherwise you end up with a plutocracy in a democracies clothing, which is where we have been for some time now.
I don't disagree in general, but in specifics: the GOP has decided the CFPB is going to die, on principle. The CFPB was an awesome and forwards-thinking organization and if we are going to rely on government interventions, they're the type of organization we need to oversee the results. I've worked with an at fintech companies and the CFPB was incredibly friendly and honest with everyone I've talked to.
And having worked at a bank, having that agency as an empowered and potentially wrathful actor was very healthy, agency wide, imo.
I agree there are major campaign finance issues, but let's at least give the Democrats credit for backing and empowering such an agency. It is absolutely necessary.