Calmly explain how this will actually be a good thing for the working class and won't unleash oligarch tyranny or worsen wealth inequality.
Wow, it's true...https://finance.yahoo.com/news/elon-musk-calls-for-deleting-the-consumer-financial-protection-bureau-213424094.html
>>489822025Oh no. Guess I’ll just have to not get scammed on my own now
>>489822025government bureaucrats dont protect americans they collect six figure paychecks and generous pensions fully funded by deficit spending. Don’t forget to shutter the atf, fbi, dhs,…
>>489822025Calmly explain how the CFPB actually helps anybody at all
>>489822025Put a billionaire in charge, and shockingly he finds that an agency that fights for consumers against bank fraud is one of the first government functions that needs to go.
>>489822025>explain how this will actually be a good thingThere was your first mistake, nothing good ever happens nor will it ever happen
The Great Depression and every recession since has happened when there is a GOP POTUS because they deregulate financial institutions and remove consumer protections. When Clinton left the WH in 2000 the U. S. had the greatest surplus in history. Eight years later, under "W" Bush, the 2008 Great Recession occurred and the housing market collapsed. MAGA voters voted for the financial demise of the middle class and working poor.
>>489822025Based Musk. My TSLA shares are going to skyrocket now he doesn’t get helped accountable for shitty cars
Such a stupid motherfucker.
>>489822025holy fuck musk why are you so obsessed with trying to appeal to the chans? fuck of you're not /ourguy/ you never were yo unever will be. go spam somewhere else nigger
>>489822025based goyim are cattle whos only purpose is to be exploited for shekels
>>489822199Next step is debt slavery.
>>489822025Guns should protect your from them
Fuck you Musk you fucking nigger.
>>489822025>Insane levels of college debt, so much so that it's a direct cause of declining birth rates.>Payday loan shops on every corner>18-25% credit interest rates Idk Anon, this sounds like an agency that is NOT doing their job.
>>489822025what's the point of the 2nd amendment
>>489822025Will the national weather service be next? Just listen to your local news! You know, the people who lie and scare everyone into buying all the bread and milk when a dusting of snow is approaching.
>>489822687Forgive our loans then
>>489822025>i am a retard and also easily manipulated by lies and half truths pls explain and teach memy hourly rate to teach mentally retarded low iq democrat voters is 60$You can pay in crypto
>>489822687so that means you should empower the agency to be able to pass actual regulations instead of completely destroy it
>>489822687Days like these I am happy to live heavy regulated Europe.
>>489822025The X app will do everything including pay day loans for hookers.
>>489822025this crypto jew directly benefits from removing that agency so he can sell more loans for exploding cars for $120k
>>489822025>Jew puppet eliminates the Bureau responsible for educating people about predatory banking practices.Color me shocked.
>>489822886why would they regulate business they are getting kickbacks from?
>>489822777I'm not personally against it. I'm by no means a trained economist, but I would think this would result in a direct injection of cash into our domestic economy. Forgive those loans and suddenly a boatload of young couples suddenly have the debt to income ratio needed to by a house.
I voted for trump but I'm so tired of this dipshit interfering with American politics. Just stick to selling cars
>>489822025Because the CFPB is a redundant agency and is the personal fief of Elizabeth Warren, which she uses to debank political enemies, and enemies of her donors. It's literally a left wing financial hit squad that is not accountable to congress.
>>489822886No, I think it would be much better to clean house first. There's a reason they aren't doing their job.
Musk is now a red pilled patriot. God bless him.
>>489823094You dont "forgive the loans" as that transfers the debt on to the Taxpayer. You take the money out of Israel's ass by force and use it to pay off the loans for the people.
Billionaire Elon Musk, a key adviser to the incoming Trump administration, called for the Consumer Financial Protection Bureau to be eliminated, setting his sights on a regulator that has often clashed with Silicon Valley investors as they’ve attempted to enter the banking space.“Delete CFPB. There are too many duplicative regulatory agencies,” the Tesla CEO posted on his social media platform X a little after midnight Wednesday.The comment followed an appearance by celebrity venture capitalist and fellow Trump supporter Marc Andreessen on Joe Rogan's podcast, in which he accused the agency of attempting to “terrorize financial institutions” and “prevent new startups that want to compete with the big banks.”Under current Director Rohit Chopra, the CFPB has sued and fined a number of financial tech firms and other startups it accused of deceiving customers, including at least one backed by Andreessen’s own firm…https://finance.yahoo.com/news/elon-musk-calls-for-deleting-the-consumer-financial-protection-bureau-213424094.html
>>489823131So true chuds gonna suffa
>>489823094exactly, debt forgiveness is anti-semitic
>>489822025>wealth inequalityby merely typing these words you've outed yourself as a faggot commie. As such, anything you say or ask comes not of genuine interest but from a disingenuous attempt at hamfisting your faggotry unpropmpted, and no amount of effort into replying will convince you to abandon your gay religion.Please kill yourself.
>>489823184This sounds like a wonderful plan
>>489822025>this agency is responsible for protectingoh, so they're the ones allowing American civilians to be fucked by banks? everybody there should be fired and exiled from the country
>>489822687The CFPB isn't there to stop stupid people from making stupid decisions, it's there to stop things like your bank changing the interest rate on your mortgage because you're making bigger payments than they expected.
>>489823124name a single politician who got debanked by that hag using the agency
>>489822025They could just ban predatory lending.
>>489822282kill yourself
>>489823094So what's the equity for people who were smart enough to not take out a loan they couldn't pay back so they could party and fuck girls? We're gonna start outright rewarding poor financial decision-making? Lmao
Elon Musk should buy Instagram and the dating apps
>government agency>protecting people
>>489823297A guy once tried that in the 1930s... worked great for a while.
>>489823315>I didn't participate in the student loan bubble that's destroying our birthrates!!! What free stuff do I get?!?!Nigger tier reasoning
least astroturfed thread award
What retard timeline are we in? Elon musk decides government policy? If we're going to have some sort of unelected oligarchy can we enslave niggers and change RBG's name posthumously.
>>489822393>an agency that fights for consumers against bank fraudYou don't seriously think that this is what they are doing?Their job is rubberstamp bankers exploiting the little people.
>>489822025In just four years they'll turn america into true capitalism, where every goy is the property of his corporation.
>>489822199>omg waow musk would do this?! NO WAAIIIIIamazing you dipshits thought he was one of your "based and redpilled" buddiesmusk supports carbon tax too and he wants to chip your brain you dumb shits
>>489823259They don't even do that. All they do is force banks to provide them massive amounts of data on their borrowers so that the CFPB can use that for 'social research' papers for free
I'm sure there are many government programs and departments which could be eliminated that would have minimal effect on the public. It's interesting that he would focus first on one that would be most likely to come after his interests.
>>489823189Musk wants to remake Twitter/X into a digital currency app, much like WeChat and other existing apps. The combo social media/banking apps are very popular and useful.If he succeeds then Musk will become a trillionaire
>>489823419No it isn't. Thinking>I should get free shit because I was a moronThat's nigger tier thinking. Tax dollars were used for those loans. Sorry you are a poor financial decisionmaker. Student loans aren't what's destroying birthrates lmao. Dumb, dumb nigger. You're asking for free shit too retardo
>>489822025Because the people in place that are paid to protect you from predatory banking practices are being paid to allow predatory banking practices.
>>489823591>I should get free shit but people who made good decisions in life like getting paid to go to trade school shouldn't get shit. Lmao. University educated folks!
The vast majority of us are going to suffer for the next 4 years while the billionaires ravage the country like it owes them money.
>>489822025Financial scams are at an all time high right now, clearly this agency isn't fit for purpose.
>>489823556Nobody use X anymore. It's a dead platform just like Truth Social. Musk killed Twitter, Rat killed TS.
>>489823435>Their job is rubberstamp bankers exploiting the little people.You mean it's up to the CFPB to approve the poor working conditions of the JP Morgan Midget Circus?
>>489822025Predatory lenders, payday loans, and for profit colleges are running rampant so that department isn't really doing its job is it?
FUCK TRUMP!
>>489822025Yeah I checked out of being a huge MAGA guy this year thanks to faggot Elon Musk. I'm still happy Trump won but this guy does not give a flying fuck about Americans he's just gonna make sure Trump makes richniggers richer.
>>489822373>>489823124>>489823408I can understand that this agency is barely doing anything it's supposed to, but why immediately axe it?Why not reshuffle some people, reshape it here and there to make it actually do something. If not, have Musk promised some kind of replacement?Because to me it seems that Musk is trying to steer USA into becoming much more of an economic zone than it already is, where consooming is the most important thing.
>>489823275Not politicians, moron. Political and competitive enemies. David Horowitz, a right wing journalist was was debanked.
>>489822499
>>489823795>Predatory lenders, payday loans, and for profit colleges are running rampant so that department isn't really doing its job is it?>People are still dying in car accidents, so let's eliminate seatbelt laws.
>>489822617>>489822597>>489822568>>489822517Lol @ these seething crybabies brigading with the same script
>>489823976Because it won't ever do anything
>>489822025Just like the FCC is made to prevent monopolies or something yet gives Soros whatever he wants?
>>489824138You're an idiot. Why are Trump faggoys so profoundly stupid.
>>489823989>jews whining about being debankedcry me a river into your shekels shlomo
>>489822777I aint paying fo yo shit nigga
>>489823748Following that logic, does that mean we should eliminate the police anytime people start to think crime is at an all-time high?
>>489822499Millenials who ate up John Liebowitz's faggot ass daily show pilpul know what's best for the country. Eat shit, cunt. The parties flipped.
>>489824138ever since trump won they've made no effort to seem organic. i genuinely hope whatever glownigger department or nonprofit is spamming this bullshit gets eliminated or defunded too
>>489822025the tax money it takes to keep the bureau running is a bigger net loss than anything it supposedly preventsjust look at the absolute state of EULAs. 'member when Disney said a guy couldn't sue them after his wife fucking died at their theme park because there was a forced arbitration clause when he signed up for Disney Plus? They backed down, but solely because of public outrage, not because this agency was doing SHIT. Just one big ineffective money sink.
>>489822373i'll bite. i took a 401k loan and received the check. i had to send it on to another party after signing it as part of a down payment on some property i was buying. dropped it in a mailbox and apparently someone fished it out and took it to chase bank. who cashed it. must have had a teller on the inside, because they sure as hell weren't me. it was 5 figures. i filed a police report and then contacted the bank with a wtf and they blew me off for weeks. i contacted the cpfb and within 3 days i had the local branch manager and the regional director on the phone, and a reimbursement check in my hand within 5 days. this agency is gold and fuck musk.
>>489822199After they outlaw usury, it won't be needed.Simple as.
>>489822025CFPB, like most government agencies, does the opposite of its name. It destroys little banks, increasing consolidation with the mega banks.
>>489823287Schmordnald Dlurmpff!!!
>>489822887Fuck off statist nigger
The first thing all criminals, (especially white collar) want to do is eliminate the law enforcement agencies that can arrest them and imprison them. No surprise that this is the first agency Trump (and all Republicans) are trying to destroy. The wolves want unrestricted access to the sheep....so they go after the protector sheepdog.This is what America wants....so this is what it gets. Unlimited power and riches for billionaires.......and every man for himself fighting for the tiny trickle down for the rest of us.
>>489822886This one aspect seems to be common with public agencies all over the world: If it is not doing it's job, the solution is to provide it with more resources! In the private sector, failing enterprises go out of business. In the public sector, they get bloated.
>>489822499It was under Clinton that they got rid of Glass-Steagall, you fucking retard.
>>489824411>After they outlaw usury, it won't be needed.You believe Trump is going to outlaw usury?
>>489824145>Because it won't ever do anythingHow do you know? Reforming it or making a better replacement wasn't even attempted. Musk isn't even in office yet and he already made a decision to axe it.To me it's pretty clear he wants to make debt fueled consoomption more available. Doesn't matter if people will be scammed, you're just numbers on spreadsheet to this guy and the arrow being green and pointing upwards is the most important thing.
>>489824360Show your real flag.
>>489823976Because it is being used as a political weapon and is not accountable to congress. And it is run as the personal fief of a radical left wing US Senator. We already have FDIC and SEC to deal with consumer protection for the banking public.
>>489824527If he were half the man hysterical leftists portray him as, he would.
>>489822612Aren't most normies already debt slaves
>>489822025Because the American government basically ceded and privatized banking to MasterCard and Visa. You can't access most of the US payment networks, get FDIC, etc unless you follow a private company's rules. For all the good the CFPB used to do, they see no problem allowing banks to ban legal gun purchases or getting debanked because of wrong think. It's just another piece of shit that needs to be removed. >But chud how is anyone gonna make sure anyone is following the finance protection laws.We spend billions on federal law and local law enforcement. that's also what your local fed bank is actually supposed to do as well. the CFPB is really a redundant agency.
>>489824360I'll bite. That agency could be merged with two or three other agencies with a quarter of the total staff and still get the same amount of shit done. You do not know government waste until you work for the gov. I swear, 90% of the employees areciseless meatsuits. Even in the military.
>>489822025It's called the american dream. No greater honor for an american than to be an eternal debt slave for their jewish oligarhs. Many of them think they don't pay taxes like us, but they just pay corporate tax which is why electricity or other essentials ends up costing the same. Ffs they even cut of the dicks of their new born to please the mastersTrump is Jesus to one camp just like Biden is Jesus to the other camp. There is no saving them
>>489822025For-profit colleges sounds fine to me.It can be good if done by reasonable people, or help higher society seclude. Which is happening either way.Aren't regular Universities already an absurd racket?
>>489822025Since that kind of predatory lending actually happens...what does this agency do?
>>489823976>Because to me it seems that Musk is trying to steer USA into becoming much more of an economic zone than it already is, where consooming is the most important thing.He probably is. Years ago, when he hadn't become a heretic by supporting free speech and he still was the darling of redditors, he was so because of his libertarian views.
>>489823435>You don't seriously think that this is what they are doing?It is literally what they're supposed to do, yes. The ability for politicians to give their special interest backers corrupt sweetheart deals does not mean we should simply remove the guardrails. It means we need to work harder to get Money-Americans' hands out of our fucking government. Instead, we get two billionaire retards colluding with an insane political oligarch to (literally) put Fox News into power so they can mollify the American NORFs as they rape and pillage our country... just like collective role model and diehard "free trade" enthusiast, Vladimir Putin.
>>489824666That means it's working. Flatten the curve.
>>489824819>muh putin>muh olive garks>muh fox newsThis is a parody post, right? Like, a caricature of what a multicolored haired genderqueer Twitter clown would screech here?
>>489822777No. Forgiving your loan rewards the financial institution with taxpayer dollars and empowers them to continue the cycle.Shut down the business, strip all the employees of their material possessions and wealth, execute the management, imprison the rest of the staff for at least a decade, give absolutely nothing to the shareholders, and then dissolve the loans - now you'll accomplish something. But that's a conversation you're not ready for.
Elon Musk is worth $250BElon Musk is an immigrantElon Musk received $10B in government subsidies for TeslaElon Musk now complains about how bad America is and how we have to gut government spending.
>>489825155>execute the management, imprison the rest of the staff for at least a decade, give absolutely nothing to the shareholders, and then dissolve the loans - now you'll accomplish something. But that's a conversation you're not ready for.The Walton family owns 50% of all Walmart stock.....they are the overwhelming beneficiary from all this Chinese outsourcing and manufacturing....have you ever heard Trump mention them by name, once?No chance in hell.
>>489824472Established businesses conspire with government to create regulatory agencies which can investigate and arrest themselves. This is on purpose. An established business can withstand the extensive regulatory burden they're taking on, but a startup business cannot. Therefore the regulatory agency, while ostensibly protecting the consumer, in fact protects the established business against the startup. And usually the regulatory agency just institutes the policies that the business would like for itself anyway; since Ford vs Dodge decreed that businesses can only take profit into account, the burden of the regulatory system gives a rationale for smart decisions that harm short-term profit but protect the business. So business donates to politicians to work with the regulatory agencies they have a revolving door of staff with to regulate the business in the way that serves the already successful business.Banking is a great example since it is consolidating more and more due to the impossibility of entering the field with the huge regulatory burden involved and the high stakes of not meeting it, creating the too-big-to-fail banks of the Great Recession which are now strictly immune to market forces. Is it good for the consumer to be pushed toward big centralized banks that are guaranteed to never fail? One can't imagine it is.
>>489822025>wealth inequalityliterally who caresstop being such an envious shithead
>>489822025"Consumer financial protection" is a euphemism for a ladder pull by rich financiers to block new competitors from emerging from the hoi polloi. They manipulate regulations to block ordinary people from investing in certain things under the banner of protecting grannies from being scammed. For example, in order to purchase unregistered securities you must be an accredited investor, which means either you have a million dollars or you work for a big investment firm. In practice that means it's illegal for one little guy to invest in another; the banks must be involved.
>>489825084you know you're speaking to a seething glownig when they somehow tie everything they take a kneejerk dislike to back to vladimir putin
Anybody got a list of properties Elon owns or does business in?
>>489822025It's revenge for shutting down Dumph University
>>489825084>is this a parody????>literally the next sentence later:>>>>>>>>""""""""multicolored haired genderqueer Twitter clown""""""""Thank you for a rare, genuine irony kek
>>489822025No ones listening to this dork, you guys realize that, right? Lets say you actually wanted to remove the CFPB, and you were serious about it. Why wouldn't you use the chamber of commerce? Or use your lobby connections? Why would you risk some retard fucking it up and then having the public backlash against it and solidify it further next session? I don't think people who spend a lot of time online understand how deeply unserious elon is and how little he is respected. He is good for getting clicks and engagement but there are far more respected and legitimate channels to accomplish this level of change. If Elon touches it, people will push back on it simply because he is such a transparent retard.
>>489824251>name one!!!>he names one.>autistic screechingfuck off retard.
>>489822025OP cut off the @ because it's from some faggot shill account that relies on baiting young and low IQ individuals
>>489822025It won't. It would be easy to say the billionaire elites who will soon have control of the castle are idiots, and don't understand how and why these departments came into existence.But they aren't idiots, and they DO know. Which is why they want so many advocacy/protection agencies and regulations gone. Any guardrails on fuck-everyone-that-isn't-already-rich capitalism must be destroyed, because they're bad for profits.Capitalism is great. Unchecked capitalism and the unrestrained pursuit of profit is not (unless you're already a billionaire and benefit from the negative consequences on average Americans). But hey - when Rockefeller, Carnegie and Morgan's combined wealth was almost 4% of the GDP, they were very benevolent, kind to workers, and encouraged competition against their industries. So maybe things will work out just like it did then!
>>489825733i mean that is an accurate parody of yourself, the difference being you work for the government not starbucks
niggers and mexicoids BTFO
>>489822025We need to start lynching billionaires again. They've been free from consequences for too long and now they think they can just do whatever they want.
>>489823860too subtle
>>489823499What detestable propaganda. Did anyone actually ever buy the russia bullshit? What is the target audience for this?
>1pbtidAnyone that reads this and immediately believes it should kys
>>489826217LOL
>>489826423I'm in.
>>489826484Are you?
>>489826217This. Let's get started today.
>>489826565
>>489825390I'm well aware the Waltons are evil. Haven't set foot in one of their stores in over a decade.Also, Hillary was on the boat of directors for Walmart when her husband signed NAFTA and opened the floodgates to cheap Chinese garbage products.
>>489825593Little guys don't just open banks. We're talking about valley investors that open unlicensed banking services with their generative ai cloud computer banking like fintech Synapse that just lost 90 million dollars in customer deposits last week
>>489822300You’re an American. It’s your civic duty to get scammed
The faster we get rid of these anti-American crybaby billionaires that better off we will all be.
>>489822025Just another boring ass kleptocrat. A con man
>>489826625Kek are you brown or something? Is that why you're so retarded and obvious?
>>489826658Actually closer to 300 million lost
>>489826743Lmaooo this shit is so fucking gay I'm wondering if it's satire now. Who came up with these boomer glowniggers or jeets?
>>489825509>>489823556Its honestly crazy that people think the drm salesman is on their side.Despite his need to pretend to be differentMusk reminds me heavily of Bill Gates and his impact on computing will be equally as devistating if not more so.
>>489826790You are a stupid fuck. How do you live like that? What's it like to be this fucking dumb???
Holy shit, the guy who is a billionaire only cares about his own interests and the interests of other billionaires?! HOLY FUCK How could this happen Trumpbros?! I thought Elon was le based and redpilled?! Wait he doesn't actually care about us and just uses social issues as a distraction for the plebian masses so he can accumulate and hoard more wealth?! No way..
>>489822025I have 30% interest now200k from not for profit collegeApple refuses to refund 10k in fraudulent charges for mobile gameWhat do they do anyway?
>>489826054I understand what you meant, don't worry kek. My point is that it's ironic that you claim someone else is a parody of themselves and then turn around and act like a fucking shining beacon of what it means to be a brainlet Buzzword Fan on /pol/. It was genuinely funny, so thanks again kek.
>>489826565Trans right are human rights
>>489826743lol the only ones crying is your DEI department raiding the board. hope you come back one last time to tell us your jobs got eliminated
>>489826952Fuck you and dickless pussy Trump, fucking faggot. Seriously, fuck you and your family. Have a shitty life, dickweed asshole.
>>489826969I can feel your head bobbling as you typed that so thanks for the clarification
>>489827053Fuck off, traitor.
>>489825509Wasnt supposed to reply to you
>>489822025>protecting from for-profit collegesSounds like this bureau never did fuck all that it was supposed to.Non-profit = we pay ourselves everything the company earns.
>>489827130Burn in hell traitor. Don't call yourself American ever again.
>>489827072follow your sisters and blow your brains out nigger
>>489827072You already made it clear no need to hammer it home like that ranjesh
>>489822025I answer the phone every single time the jeets call me and waste as much of their time as possible. I believe if I keep doing this every day that jeets will kill themselves when they realize their life is just a constant groundhog day of failure.
>>489824612What do you mean, leftists say he has the interests of the rich in mind, which goes against outlawing usury.
>>489827255They're so easy to expose
>>489822499>>489824509Besides, usually little or none of the regulation that gets pushed really addresses the issues that cause downturns. Boom/bust cycles are a feature of uncoordinated free market capitalism to start with, they'll always happen for as long as you're allowing speculation like commodity futures, lending with interest and investment. So the first problem is just this spoiled child idea that we should get to have the booms without the busts, and that's at all levels, the consumers don't want busts when they happen and the C-suite also insists that busts not happen to them even when they richly deserve them. Everyone's a little baby that wants the highs without the crash,>I drank too much and now I am hungover, help me Bernie Sanders!The other factor is that all these bodies do is put limits on how shitty you can behave, they don't prevent places from doing shitty things. The CFPB is like if they made burnouts in city intersections legal, but only if you give a disclosure to every bystander that watching burnouts may result in severe injury or death. People are still going to die. That's basically how it works in finance too. You can still charge extremely high interest and place tons of fees, you just have to give the customer a disclosure saying the interest is really high and you're going to charge tons of fees. Everyone's okay with that because banks know people don't read and when they do it doesn't affect their decision making. Nobody gets most of the way to closing a loan, reads a disclosure about the $500 processing fee for scanning the loan documents and backs out of the deal, they just shake their heads and sign. If anything it makes these things worse because now the bank has a piece of paper saying you consented and the government has effectively already agreed that this is fair and balanced. If the bank had no government support that activity might end up in front of a jury of your peers who might have a different opinion.
Americans are really stupid people.
>>489827072Your headstone will have your birth name on it, troon
>>489827364*BLOOP*HELLO SAR ARE YOU THE HOMEOWNER?I'M CALLING FROM bsfbjdbldfjbolabfo SOLAR SERVICES
>>489822025Any proofs that this bureau actually did meaningful work beyond symbolic theater? If Elon wants to get rid of it I doubt there is.
>>489822025>he needs a government agency to tell him not to take 28% credit cardsThese agencies exist to give unproductive women and minorities six figure government paychecks for nothing.
This fucking jackass dipshit.
>>489822354Becoming a federal worker is one of the only ways to get a decent paying job in today's late-stage capitalism. Axing them will just make the competition even worse among the lower classes, which is of course in the interest of billionaires.
Surely a startup will form to stop Indian scammers. If not, people will have to rustle up their bootstraps and do their own detective work, arrest and build a prison for the inmates.t. lolbertarian
>>489827072>Fuck you and dickless pussy Trump, fucking faggot. Seriously, fuck you and your family. Have a shitty life, dickweed asshole.lol
>>489827537I literally had one call me yesterday and tell me his name was Dan Smith in a thick ass poojeet accent
>>489822025>Calmly explain how this will actually be a good thing for the working clasit's just will okay?trust the plan MAGA
>>489822282kill yourself, Eglin AFB nigger
>>489822025Sounds like those retards do a shite job because colleges have been raping burgers for decades.
>>489827691>28pbtid
>>489827691Spamjeet do you even speak English or do you just use google translate?
>>489822025Show me a case in which they actually protected consoooomers
>>489823259That's just contract law my dude. Adjustable Rate Mortgages (ARMs) exist and are perfectly legal, as long as the contract you're signing makes it clear that the rate is adjustable and you sign it of your own free will. The law that keeps the bank/mortgage company from changing the interest rate on your mortgage is just the law that says that companies have to abide by the contracts they sign and the words on the page that say the interest rate is fixed. Nobody needed an extra bureau and enforcement arm for that. If your bank breaks the terms of the contract they signed with you, you could get a lawyer and sue them.
>>489824411Usury is already illegal, what you mean is outlawing "compound interest" on mortgages and loans for the average person, all it serves to do as is would be locking them into debt slavery. Compound interest never should have been allowed outside of major businesses to keep them from expanding and pushing out smaller businesses, it's literally a richfag antitrust tax forced on normal people.
>>489822025when are they going to open up mining jobs for 12 year olds so they can help their struggling families earn an extra income? they really need it "in this economy".
The mission going forward is to get rid of rat as fast as we fixing can. Shit him out, shit him down, ruin his life, jeer him, libel him, slander him, insult him, denigrate him, mock him, ridicule him, and attentively take apart everything he has ever done or will do. Make Trump a laughingstock around the world. Do something every single day to tear down his fortunes and his legacy. Make Trump irrelevant and hated across the globe as quickly as humanly possible. There is no bigger threat to this nation or the safety of the world than faggot loser asshole bitch dipshit Donald Rat Trump.
>>489822025>Calmly explain how this will actually be a good thing for the working class and won't unleash oligarch tyranny or worsen wealth inequality.Because Democrats and Liberals oppose it. That's how you know it's good and it will work.>1pbtID>twitter screencap threadyou are a hit and run jew shill.
>>489823976Because then as soon as Trump's out of office it goes back to doing what it did before. Better for the long-term to just break the toy so nobody can play with it.
Get rid of it. Get rid of this vile scumbag. Trump is the enemy. Treat him as such.
>>489822025>predatory banking>credit rates are 40%
This thread is pretty gay, so here's a series of screencaps from a recent interview where Trump seemed really hesitant to unseal the Epstein files... and totally not because the two men were best friends for a decade kek
>>489822025Who ever said he gave a fuck about the masses? Why do you think he wants people to get busy?.... more slaves you fucking morons.
>>489822025God forbids colleges make a little profit to buy something nice for themselves
Fuck Trump!!!
>>489828216>Who ever said he gave a fuck about the masses?He did. Over and over and over again. But the masses made the choice to believe the lie kek
>>489822282> russian rat > literally bankrupt russian space industry > keep Ukraine connected trough starlinks > literally works with DOD launching top secret satellites
>>489822025>protects against for profit collegesWhich ones are not for profit lmao? Sounds a useless agency
>>489823976Why keep it around if it’s not doing anything?
>>489824042lol what a stupid analogy.
>>489824676And we can always go back to how the Founders intended it; if someone breaks the law and you're harmed, sue them.
>>489822025The CFPB is why the tech bros switched to Trump.
>>489828319lol hey retard, you realize he just won the popular vote right?
>>489822499obama was basically goldman sachs bitch. the truth is our country was sold a long time ago. were just taxpayer cattle made to serve the elites with cheap labor.
He's got such a shitty track record in every possible way I'm positive he'll be impeached and removed in less than a year. Your can be a fuckup, but you'll never be as big of a fuckup as the rat Donald Trump.
>>489822025Having dealt with consumer financial issues in a court of law, the CFPB does exactly jack and shit to rein in the abuses. I had to take care of it myself. They're as useless tits on a log at best, and probably are staffed with people who have promised jobs in the industries they regulate, just like all other regulatory agencies. It's all corrupt.
>>489824329>police become more militarized and shitty and corrupt>crime goes up endlesslyOnly a fucking retard (you) refuses to realize when an organization ceases to fulfil its intended purpose, or when it becomes an active participant in the problem.
>>489828643i work in the financial services industry too. most of the time you wont get your money back. the only reason companies care about shit like the BBB is because it hurts their reputation for future customers. they dont give a fuck about you.
>>489828189>recent
>>489822025Have you noticed how the state name things with words that have the exact opposite meaning of what the thing is actually intended to do? No? There’s no salvation for you.
>>489824329Crime would go down if there was no police force.
>>489823435Correct. I had a bank fuck up its records and sue me for its fuckup when I couldn't afford an attorney. CFPB did absolutely nothing for me. I had to kick their asses in court myself. When I dug into the court records, you had several instances of law firms with 3-4 attorneys filing thousands of similar cases per year, which is a big no-no. Where is CFPB to stop them? Nowhere. Fuck those useless cunts.
You now know exactly how ducking dumb half of America is. If you have Republicunts credit for being intelligent before, you can forget all of that now. They have demonstrated themselves to be dumber than rocks. They gave this rat faced convicted felon a get out of jail free card. Go ahead and regard them that way going forward. They really are this stupid, and they really are this difficult to educate. Facts don't mean anything when you belong to a cult. Treat them like the stupid children they are. Hilary called them deplorable. She didn't go far enough. MAGA turds are DESPICABLE human beings. Just nasty, still people that don't deserve to live in America. Remember what they tried to do to us all. Never forget and never forgive me
>>489822025>unleash oligarch tyrannyyou can't "unleash" something you've lived in for over 3 generations
>>489822886>Just give us more money!>we will do our work after a few more blank checksSure
>>489826589It's already begun. Everyone needs to do their part. Strangle billionaires wherever you find them.
>>489822025>Responsible for protecting Americans Lots of agencies are responsible for protecting Americans from various things. Can you point to one that actually does so?
>>489828742No, mine was me getting sued because a bank fucked up its records when I couldn't get an attorney. Shit like that happens all the time.
>>489822199Now the streetshitters they want to import can run wild
Get every conservative or of your life today. Call them or text them and say we're not family or friends anymore. Your values are awful (non-existent) and I don't want to associate with people who would support a vile piece of shit like Rat Donald Trump. Get rid of them. Hang up the phone. Do nothing for them ever again. Make them miserable, isolated, forgotten, despised, and alone like they've done to America on a world stage. You don't need people like that in your life. Your really don't. None of us do. And they need to learn a lesson. Get rid of all Trumper garbage in your life forever and don't look back. Ruin this holiday for them. Do it right now. Today.
>>489826217You know it’s bad when I’m a greedy classist person and even I wouldn’t want to be a billionaire. There’s millionaires in my family and I wouldn’t want more than that life
>>489827719*spicEglin is staffed by spics.
>>489822025Musk has no idea how vicious financial sales people are apparently
>>489829232I want to know where Elon's businesses are located so I can roll out the welcome wagon. He shouldn't get a free pass when he's actively subverting democracy.
>>489825989We need to push out the techie fags. They are not conservatives. Their sons are foreign poos and chinks, because the only pussy they could get was from a subhuman
>>489822025Elon isnt in charge
>>489829492Your kind were predicted a decade ago. Even a psychopath has a basic level of survival instinct.https://www.youtube.com/watch?v=q2gO4DKVpa8
>>489822499>When Clinton left the WH in 2000 the U. S. had the greatest surplus in historyimagine being this utterly fucking retarded that you actually believe this
>>489824693I’m a fed. I work with a guy who is dyslexic. His job is a clerical and he’s responsible for filing and filling out forms -which he cannot read. He is a non-functioning dyslexic and has done this job (badly) for over ten years.
>>489829543You've already been hidden for your spamming.
>>489829511We also have institutions like that, once in a while they send some letters or warn of problems while people get scammed
>>489829696Get off my board traitor.
>>489822025they already dont do this he will make a new monopoly war and solve everythingOH WAIT HE THINKS THE BANKS COMPETE this could be a massive L for our boy elon
>>"Protecting Amerians">>The Food and Drug Administration (FDA) is responsible for protecting the public health by assuring the safety, efficacy, and security of human and veterinary drug>>FDA's budget for Fiscal Year 2020 is $5.9 billion. is provided by federal budget authorization (corrupted by big pharma lobby). The remaining 45 percent, or $2.7 billion, is paid for by industry user fees (aka big pharma)
>>489822025None of those things are necessary to participate in. Only feckless consumers feel the need to force taxpayers to "protect" them from their lack of impulse control.Newsflash: this government entity hasn't done a fucking thing to stop any of those behaviors.
>>489829884Newsflash this isnt wait what time in history do you think we didnt need thissince the begining of history we have needed theese protections look at the 2008 crisis that was with protections and they robbed everybody
>>489829884>>489829980why is food expencive today ask 2008in another 20 years your children will be working for food because of the copounding + covid
Elon was given a fake bs position with no power. It was supposed to be an insult from trump, but I believe he is too stupid to see.
>>489823419>I didn't participate in predatory loans - maybe I should be rewarded while others are getting bailed out. First of all, not taking part in predatory loans is the most non-nigger thing you can do. If tax dollars are going to be used to "forgive" debt. Then I should be entitled to not paying income taxes for 10 years while you are moved up 2-3 brackets in a collective effort to alleviate a bunch of people's bad decisions. I shouldn't have to participate in that.
>>489822025
>>489822499Last two times the economy crashed dems had house and senate and reps had presidency.Dems have mastered the art of controlled demolition of the economy while republicans are potus so they get all the blame
If you know a Trumper, get rid of them today. And make it sting. If you can muster the courage to do it today it will hurt even more. Call or text them and tell them you simply don't want them in your life anymore. They deserve the hatred that they sling at others. They revel in it. So kick them out. Get rid of the shitty disgusting people in your life and move forward. They deserve to be abandoned by decent society.
>>489822025>oligarchYou're a moron, the USA isn't an oligarchy, its a plutocracy
>>489830199This is 100% correct. What /pol/ hasn't grasp onto yet is that the transition is to a technoplutocracy. Musk's job is to sell technobabble bullshit to young white males. Bill gates' job is to push the satanic technology that NOBODY wants but the rich feel MUST happen. Every one of these cunts has a role, but the goal is the same: technoslavery.The rich must die. And they will.
>>489822025>protecting Americans from predatory banking.Since when? Our banking system is predatory by default. It has everyone enslaved, and maybe 1% of people understand how it works, even though it's really fucking simple.
>>489829860And the FDA just leaves all the high fructose corn syrup on the shelves, all the glyphosate on the crops, all the seed oils in the fryers...Every regulatory body exists only to protect established business against consumers and competition.
>>489822025I am so fucking tired of hearing about Musk bros
>>489822393Trying to educate these Trumper dimwits is virtually impossible. They only believe the bullshit that Rat spews now. I don't think we can reach them intellectually. It's probably best to just cut them out of your life.
>>489822025WHAT?? We have a consumer financial protection bureau? How the fuck are people getting predatory loans and shit for college RIGHT NOW? They're not even doing anything we have car loans that are years long tens and tens of thousands of dollars in interest. Getting rid of them literally wouldn't change a thing if what we have right now is apparently "protection" from such practices.
This dumb faggot needs to go away.
>>489822025Thia is going to negatively effect planking blacks everywhere.
>>489827604>Late stage capitalism I knew Frenchies were filthy communists. I gotta go eat some freedom fries now.
>>489822499Pendulum swings>blames swing>ignores fulcrumEvery Single Time
>>489828637Do one of you guys have that image listing Trump's crimes?
>>489822687>Payday loan shops on every cornerI knew a jew who owned one of those and after a couple of years he sold it in disgust, because despite it's profitable passive income, he simply could not tolerate the absolute retard degenerate scum he had to deal with day in day out all day long.
>>489823189>start ups
>>489830392Schorldnald Droiumpfff!!!
>>489827631Schumer is goncerned about his power hold. Can't wait to see how upset he gets.>Suicide weekendwhen?
>>489822777Then pay me 200,000 dollars because I've never had debt in my entire life and if you get to have your hundreds of thousands of dollars of college debt go *poof* then I should get something too otherwise there is 2 classes of citizens 1 is getting a leg up while the other is left out to hang.
>>489830718>Government agency has a virtous sounding title therefore it must be goodI miss being so naive
>>489830766thisSo many scams on grandmas from pajeets and nobody does squat about the issue.
>>489827604If Team Trump isn't compromised, they lower taxes by a lot because they're cutting office drone bug men that get paid too much. You are only gonna be correct if Trump doesn't also lower the cost of living which is so high because the nigger government can't shrink or else board of supervisors can't afford a new corvette or estate or child sex party.
>>489830766Despite what /pol/ keeps trying to convince everyone is not the case, over 90% of student loans are issued by the US federal government. "They" get away with it because they are the government. There are no private jew bankers issuing bank loans to students, it's all government jews doing it. The CFPB can't order the Department of Education to stop issuing loans.As for the for-profit schools, just like the "non-profit" ones, they couldn't charge predatory fees if the government wasn't making huge loans to teenagers. Eliminate the loans and the prices will plummet as no one in their right mind would give a huge loan to a teenager without the backing of collateral. Doubly so if the loan can be discharged in bankruptcy. And yes, a large percentage of those who currently attend college would no longer have the means to do so, even at the lower costs. This isn't the 1950s where most knowledge is locked up in physical libraries and the heads of those with experience in the field. Most of what's taught in college can be taught for a fraction of the cost through online means.
>>489829884>None of those things are necessary to participate in.C'mon now. Still need a college degree to get past HR, still need a mortgage to buy a home, and you still need a credit card to shop online. This is how the system works; they pretend that you have a free choice to not work with them, while planting themselves firmly between you and all aspects of a normal life, and quickly eliminating any alternative methods to themselves.Yes you can go Uncle Ted in the woods. No that does not make any of this bullshit okay.
>>489827298Actually you need to update this, discord tranny. It is now "President elect". Hope this helps!
>>489822777>pay reparations>bend the knee to a black person>you can't post that>You didn't call me by my preferred nomenclature >how dare you!>TAXES!>JOBS OVERSEAS!>SHUT DOWN ALL MANUFACTURING!>EAT THE GOY SLOP!>LIVE IN THE RAT CITY!>OWN ZERO THINGS!>
Not a single party in the whole West gives a shit about working class peopleThe left ones want to replace you with pajeets and nignogts, to whore out your daughters, to guilt you into not having children and to increase prices with unattainable "climate change" reformsThe right ones want to replace you with "legal" pajeets and nignogs to keep labour prices down by increasing competition ten fold, to strip away all your work rights and to keep billionaire taxation down while you're getting fucked in the ass and they only get richerIt's a lose lose situation either way
>>489831664Team Trump is full of accelerationists. They are there to break the current economic and political system. They do not care about anyone that cannot afford their own compound and infrastructure
>>489830199Trueanon podcast has done tonnes of background work on Musks projects and finances and find he's a complete scam artist as well, his real business is actually treating Tesla stock (and carbon credits) as crypto.
>>489822025Fuck the working class.The only class that matters is the land-owning class. The job-creating class. The investor class. The innovator class. The entrepreneur class.Even beaners and pajeets work.Only the white man ventures.
>>489822737To give us the illusion that we are still free. Basically the government prevents us from rebelling by letting us believe that we could rebel and overthrow them at any moment. It's actually a very effective tactic for keeping the population docile.
>>489831367You spoiled bitch. What if everyone else got the same handouts in life you did? I bet you'd be seething about that.
>>489822025>consumer financial protection bureauThe government and their financial schemes are always exempt from everything related to consumer financial protection. All welfare is a financial scam, social security is s ponzi scheme. Biden just loaned out 6.6 billion of our money to a bankrupt EV maker. Get rid of it because it is pointless.
>>489831885This. Both major political parties only give a shit about corporate, billionaires, and themselves. If you thought the Dems would make things better, you're an idiot. And if think the incoming group of elite, self-absorbed billionaires are going to make YOUR life better, you're an idiot as well.
>>489831499Do you know why? It's because of cops. Literally. You ever get those spam calls from "so and so for the local sheriff" charity bullshit? Those are literally scams that LEOs run. They've lobbied the government to allow it continue because stupid boomers literally just throw money at them. But to allow this, you have to allow all the other scams and spams. That's why the problem has never been fixed and it never will be.
>>489823315>>489830189>So what's the equity for people who were smart enough to not take out a loan they couldn't pay back so they could party and fuck girls?A country worth living in. The shit that happens to the other people you live cheek and jowl with does affect you. You are not an island. Sure, you have every right to insist on your cut for being smart and not getting in debt, or to simply insist that others be held to their debts the way you were held to yours, that's fair. And as long as you do your country will get worse and worse around you.
>>489822025Clearly it hasn't worked so far, so I'd say it's a pretty useless department.
>>489822025Trust the Plan. They are Making America Great Again
The most obvious botspam thread I've seen in a while
>>489823425Kek noticed the 90% shill replies did you
>(9)What an ugly cunt
>>489832116This.The reason why we can't cater to the working class is that because it results in a stagnant society due to the lack of incentive to go beyond.Belonging to the working class must necessarily be excruciating.
>>489822282>>489822199GET IN HERE NIGGERS!>>489833796>>489833796>>489833796
>>489822025Good, these faggots do NOTHING.
>>489822886Typical leftist mindset. >These overpaid bureaucrats aren't doing their job let's throw more money at them
>>489832116>he land-owning class. The job-creating class. The investor classYou do realize that when banks give a kike money to buy land and build apartments, that the cost is paid not by the landlord or the bank, it's paid by you through inflation, don't you? If you know and still defend it, you're a financial cuckold.
