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.
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!