The story was broken by the LA Times in 2013. If anything, the CFPB was very late to the party. So much so, that they held hearings into why.... “Why does it take the L.A. Times to break this story, when we’re paying federal investigators to investigate?” Hensarling recently told Fox Business Network. Wells Fargo scandal “Where was the CFPB? Why did they come in so late to the game?” he continued. “They have immense powers and this is their job to enforce these basic consumer laws and it appears they were asleep at the switch.” Hensarling also has criticized regulators for the $185-million settlement with the bank, which allowed Wells Fargo to avoid admitting any wrongdoing.
I am not sure that Hensarling, with his bias, is the best person to listen to on these issues. Allegedly, CFPB has been investigating the consumer banking issues at WF from 2013 onwards. Needless to say, there are other examples of CFPB at least doing something about various abuses.
Marty, a vote "no" is a rejection of the status quo. Renzi is the US Equivalent of a Gov. Romney. A centrist who wants to keep things the way they are. His "reforms" seek to move power from the bottom to the top. The so called "elitists" who want to make all the decisions for the Italian people. A "no" vote will force Renzi out which is what they want. Btw, it's the same reasons why Americans rejected Romney and Jeb Bush for that matter in the recent primary. There is a clear movement here to move power from the top down. And I'm sure you understand the reason for this is because of the amount wealth transfer from the proletariat class to the oligarchs in central government. I suspect we get a "no" vote today. Better watch those rates Marty, they are going to light up like a roman candle. But you're a pro Marty, you'll do fine.
Why would there be such programs when public education is free? Do you think Khan could help us set one up for all students? Would it cost anything? If we were trying to build something with infrastructure money would building a system to streamline education be a decent use of funds?
Well, thank you for your vote of confidence... While you still insist on using a rather patronising tone, I will take your praise in the spirit in which it was offered. The funny thing about Renzi is that he has said that he will resign regardless of the outcome of the vote. Moreover, a lot of the other "elitists", such as Monti, are in favour of "no". So, while the outcome you foresee is very possible, there are all these nuances. To paraphrase a famous author: "all happy democracies are alike; each unhappy democracy is unhappy in its own way"
Marty, you are way too sensitive bro. You are sensing tone where there is none. I don't understand your hypersensitivity. I'm not being patronizing, not hasilin you. I have a lot of respect for you Marty and you have been cordial albeit waaaaay too sensitive. I do think you are misreading the tea leaves regarding the "trump" phenomenon. But you are not alone, most people missed it. I do think you live in an insulated world. I have lived in many places in my life Marty. I have lived in NY, Chicago, FL, TX and St. Louis and there is a deep divide that has nothing to do with taxes or transgender rights. It seems to me there is a clear divide in most of the G10 countries. The US is probably the worst. For the record Marty, I did not vote for Trump. I did think he would win and his win did not surprise me. I think I "get it". Of course Marty I'm wrong a lot so you have to make allowances for that.
I'll strive to be less sensitive, thank you... And yes, I agree with the idea of there being a divide. Just baffled by its implications, is all.
The far right chap didn't win in Austria. Implications anyone? I can't say I paid much attention to the issues there.