I’ve done a bit of searching, but I haven’t been able to find the justification being used to shutter the CFPB. One would think that consumer protections are a good thing, and that holding companies responsible for their actions that harm consumers would be a good thing. And one that is universally liked and has returned billions to consumers.
The obvious reason is so that they can screw over consumers, but they have to have at least a cover story that they are using to spin this as something good for the country and constituents, right?
I’m struggling here.
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It has both ‘consumer’ and ‘protection’ right there in the name. We can’t have any of that shit. No I’m not joking.
MAGA and ‘Justification’ don’t belong in the same sentence. Do they feel they need a justification for…ANYthing? No, they don’t. It’s all about ripping and tearing the fabrics of democracy for sheer self-entitlement and personal gain at the expense of everyone else they don’t like because the Orange Fuhrer duped all of them into believing that’ll he will lower egg prices and bring the country back to being ‘great’ again.
they need an office of conservative apologetics to perform the mental gymnastics it takes to fuck the rest of humanity over.
oh wait, thats fox news. im sure youll find your answer on faux news
From the top levels it’s because they want all their business friends to be able to make money hand-over-fist. If you didn’t go to the same ivy leagues or country clubs as this group, you are basically not a person to them.
And for everyone else toward the ground who vote for these people, it’s because they’re incredibly stupid and don’t understand things. You will never, ever persuade them with arguments, facts, reason, or logic. It’s pure gut-check layered on from decades of pure propaganda that tells them if their lives are worse off now, it’s because of those <fill in the minority> taking their jobs, or <fill in the foreigner> who hates their ‘freedom,’ or <fill in the grassroots activist> who is coming in to try and push for laws that only make the cost of their goods rise.
Yeah but someday I will be a rich country club person. And then people like me better watch their step!
The Republican agenda for over 50 years has been to eliminate federal agencies. Reagan was overwhelmingly elected and he campaigned on closing Carter’s recently created department of education.
If it’s not explicitly in the constitution, they believe it should be operated by the states or by a corporation. It’s not about “why do they want to close it”, it’s “why should this exist” - especially when (they think) a corporation could do it better. Bonus: corporations make money and you can invest in them to make money for yourself.
Generally, the idea is a very small federal government and more sovereignty for each state. It’s easy to misunderstand this when conservatives are also calling for federal restrictions on health and freedoms. Don’t fool yourself to believe there’s consistency in politics.
The world was very different two hundred and fifty years ago. Our lives, commerce, and opinions are no longer impeded by state boundaries. The reason for this country to exist still remains but the context has changed. Anyone holding conservative ideas is, intentionally or not, holding this country back.
Moreover, if you think this administration gives a shit about anyone but themselves and corporations, you my sweet innocent child are truly out of the loop.
Again, going back to Reagan, Americans have been convinced that the government is bad and enriching corporations is good. Trickle down economics is still by and large considered good for workers. You give tax breaks to the billionaires and corporations and, in theory, they can employ more people. Of course we know now that trickle down economics has been a failure and that enriching the poor and middle class is best for the entire economy.
The United States is a failure. It came close but it doesn’t scale. We need a new Constitution and Bill of Rights that more explicitly outlines the responsibility of the federal government and what The People can trust it to do for them. If you want a truly Democratic Republic, we also need to make election day a holiday, fund election campaigns strictly through taxpayer dollars, and implement ranked choice or STAR voting. Footnote - the new constitution would have to explicitly say election campaigns are an exception to any free speech clause because fuck Citizen’s United.
“,It’s filled with fraud!” (No evidence needed.)
The more I interact with MAGA, the clearer it becomes that they have no interest in supporting evidence for thier leaders’ claims. It’s not even a consideration.
You need to treat them like a religious sect. When you include the “faith” in the list of reasons why they do shit, it becomes easy to understand.
They are religious fundamentalists and are to be treated like such. Same way people don’t need proof to believe in their god, magas don’t need it either to believe in trump.
“What are you going to do about it”
It’s just capitalism reaching it’s natural end stage. The only surprising thing is that the 1% doesn’t demand more subtlety, but maybe that’s more of a democrat thing.
Don’t waste mental energy looking for reason or competence. They did it because nobody can stop them, and they think they can gain money or power by doing it. That’s always the motivation, and it doesn’t make a difference to the response. We simply need to stop them.
You have to remember part of the context of his poliltical rhetoric is that he copies so much of the playbook from Reagan, including the promise to reduce government. There is no further justification necessary, he is removing government regulation and bureaucracy, which is seen as a win by his constituents.
I DON’T AGREE WITH MOST OF THE FOLLOWING. what follows is simply my best guess.
Different people are going to have different reasons, the first two are the majority of the voters the rest are for the owner class.
- Take the following statements to be true: Taxation is theft, government action is evil. If you apply no other logic, many of the actions make sense. The CFPB is government action, therefore evil and should be removed.
- ANY regulation impedes the free market. CFPB is a regulation it impedes the free market
- It helps the selfish people doing it. They will be able to take more risky positions at the expense of the public and make money.
Some MAGoo posted that he was fine losing his job if it meant that Trump’s policies were enacted. They are willing to eat a ton of manure if it means a lib has to smell their breath.
Because it was Obama so it has to be bad
That’s as far as the rationale goes
It’s simple. Consumer watch dogs are bad for exploitive profiteering. Musk is dismantling anyone with any oversight of his companies.
Edit And the reason given for all of it is fraud and bloat, and no evidence supplied and they’ll backtrack on every statement.
Because holding Rich People Accountable is WOKE DEI SOCIALISM!
Musk is trying to start another financial institution under the X brand to handle everyone’s money. The CFPB is the one agency that’s likely to prevent it from screwing over anyone dealing with it.
As has been said before, the only reason to shut down the bureau responsible for preventing scams is if you want to scam people yourself.
