"We are not going to use signing statements as a way of doing and end run around Congress." - Barrack Obama, 2008
Obama says it is his "obligation to bypass Congress" to make a non-recess "recess" appointment of Richard Cordray as his financial watchdog. Obama stated the illegal appointment was happening because he (Obama) "refuse[s] to take no for an answer."
The law which created the agency requires the appointment to have Senate confirmation. Thus his appointment wasn't legal. Considering the Senate is controlled by the Democrats, Obama is apparently having a problem controlling his own party. The noise about the Republicans blocking all this is pure smokescreen.
The administration's cover story is the Cordray appointment protected consumers. Why doesn't this administration try to protect the Constitution and people of the United States?
The purpose of the Cordray appointment is to further cover up the Democratic Party's complicity in the 2007 financial meltdown, and subsequent maladministration by the current administration. The meltdown occurred because of the "Democratic" Party abuses of Federal National Mortgage Association (Fannie Mae) in 2003, treating the government sponsored enterprise as a cash cow for Democrats.
When the Bush administration tried to investigate the abuses, Barney Frank (D) and the Democratic Party operatives started shouting. The Democrat raised enough ruckus, their willing accomplices in the Democratic Party controlled Press got the Bush administration to drop the inquiry.
That was a mistake. Ever since, the Democrats use the fact the Bush administration dropped the investigation to paint Bush as the subverter of the law.
Four years later we had the meltdown. Naturally, the Democrats did not care. Freddie and Fannie had served their purpose. and since the Democrats have controlled the Congress since that time, they effectively shut down all genuine investigation.
This is the exact type of action Obama claimed (lied, really) George Bush had done illegally. By his own mouth, Obama is a criminal.
On a side point, many liberals say the Republicans were filibustering the appointment. Therefore Obama was taking a position against the Republicans. Still not so.
The Democrats controlled the Senate where the confirmation hearing would be, and they would have known the Republicans would filibuster the hearing. Putting two and two together, the Democrats were counting on the Republican filibuster so they would not have to block Obama themselves.
We'll see how this resolves. But the logical prediction is there will be scurrying in back rooms by the Left before a deal gets done to foster special corruptions for leftist bankers. Obama is clearly moving against some of his former Democrat allies.
Many of Obama's supporters take the position that any problems which occur between now and election time are the Republicans fault. How? If Obama himself says he does not need the co-operation of Congress, every misery this government causes is entirely his doing.
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