April 14, 2018

Mulvaney Shrugged

Timothy Birdnow

Now they are finally starting to get it.

For years Democrats and the liberals they embrace have used the rules and flipped America the bird whenever possible, and yet Republicans have always played nice, obeyed the rules, did what was expected. Well, Mick Mulvaney just fired off a huge raspberry to the arrogant Democrats in Congress and there is not a thing they can do about it.

From the LA Times:
"Mick Mulvaney took his seat before a congressional committee Wednesday for the first time since his controversial appointment to be the nation's top consumer financial watchdog and boldly declared he didn't have to say a word.

"I believe it would be my statutory right to just sit here and twiddle my thumbs while you all ask questions," Mulvaney, acting director of the Consumer Financial Protection Bureau, told the House Financial Services Committee."

[...]

""It's not accountable to you. It's not accountable to the public. It's not accountable to anybody but itself," Mulvaney said."

End excerpts.

Mulvaney argued while in Congress that the Consumer Protection Agency was a terrible idea, an independent body accountable to no-one. The Democrats pushed it through with Dodd-Frank and Obama signed it into law. So now the monster that Dodd-Frankenstein made has come to life and is disobediant to its creators and the Dems are not happy.

;"Why should we think that you're not there to destroy the Consumer Financial Protection Bureau?" Rep. Maxine Waters (D-Los Angeles) asked Mulvaney, who in the past has called the bureau a "joke."

[...]

Mulvaney acknowledged that although the bureau had averaged opening one new enforcement action a week under Cordray, he had launched none since taking over.

That triggered astonishment from Rep. Carolyn Maloney (D-N.Y.).

"Are you telling me that every single financial institution in America has suddenly snapped into full compliance with every single consumer financial law since you took over last November?" she said. "I'm deeply disappointed that we have essentially taken the cop off the beat in terms of initiating new actions to help the consumer."

[...]

"Democrats noted that Mulvaney still also serves as the White House budget director, which they said gave President Trump great sway over him as director of the independent consumer bureau.

"It shouldn't come as a surprise that many on our side of the aisle, those who have the highest hopes for consumer protection, would see you as sort of the fox in the henhouse," said Rep. Stephen Lynch (D-Mass.).

Emd excerpts.

But did he care. Naaa. Neither did some of his allies in Congress:

"The committee's chairman, Rep. Jeb Hensarling (R-Texas), who has been the leading opponent of the bureau, said "it is sheer irony and great comic relief to see the wailing and gnashing of teeth of many of my Democratic colleagues" about their inability to hold Mulvaney accountable.

Hensarling validated Mulvaney's view that Dodd-Frank doesn't require him to answer lawmakers' questions, adding that "you could play Candy Crush for the next few hours and there would be nothing we could do about it."

Then Hensarling had Mulvaney say that there was nothing in the law to prevent him from spending $20 million a year to put the bureau's name on a Texas football stadium or "ensure that every man, woman and child in American has a CFPB, T-shirt, ball cap and [can] coozy."

End excerpt.

This is delicious irony. The Democrats rammed this thing down our throats but are not happy with the direction it is taking and now want oversight. It was created precisely to avoid oversight, to be a tool for Obama and the Left to keep a Republican Congress from stopping their radical economic agenda. But Mulvaney is now running the show and for once they can't stop something they created. The whole idea of this was that a President Hillary wouldn't rein it in, and Congress would be powerless to stop it.

Trump messed that whole scheme up.

Mulvaney did answer most questions from the Donkeys. I wouldn't have; had I been there I would have watched the entire Atlas Shrugged trilogy on my I phone (assuming I had one) with the volume turned up so they could hear it and ignored everything they had to say. But that's just me.

At long last our side is learning how to do this kind of thing. The Democrats have done it for years.

Posted by: Timothy Birdnow at 08:30 AM | No Comments | Add Comment
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