Author Topic: CFPB Grants Itself Authority to Shut Down Any Business at Anytime  (Read 702 times)

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Online Pandora

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What country do we live in ...

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Last week the Consumer Financial Protection Bureau, through the power of Dodd-Frank, passed a rule giving the agency unprecedented power to shut down businesses, no matter what the reason, at any time it wishes through a cease-and-desist order. Further, the rule puts businesses at the mercy of the CFPB and they cannot go back into operation until government approval or a court ruling is made over an issue. Subsequently because bureaucratic decisions and court rulings take a substantial amount of time to happen, businesses cannot survive during those waiting periods.

H/T HotAir commenter

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Offline AlanS

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Re: CFPB Grants Itself Authority to Shut Down Any Business at Anytime
« Reply #1 on: June 22, 2014, 07:43:04 PM »
I can actually remember the days of due process.
"Malo periculosam, libertatem quam quietam servitutem."

Thomas Jefferson

Offline IronDioPriest

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Re: CFPB Grants Itself Authority to Shut Down Any Business at Anytime
« Reply #2 on: June 23, 2014, 07:41:50 AM »
We live in a country literally under siege. I pray for the day when a critical mass recognizes this fact and is motivated to do something about it.
"A strict observance of the written laws is doubtless one of the high duties of a good citizen, but it is not the highest. The laws of necessity, of self-preservation, of saving our country when in danger, are of higher obligation. To lose our country by a scrupulous adherence to written law, would be to lose the law itself, with life, liberty, property and all those who are enjoying them with us; thus absurdly sacrificing the end to the means."

- Thomas Jefferson

Offline Libertas

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Re: CFPB Grants Itself Authority to Shut Down Any Business at Anytime
« Reply #3 on: June 23, 2014, 07:46:30 AM »
Ahh yes, the God Clause...they've definitely gone beyond the point of using the IRS as an intimidator...now they have enforcement action...next - enter the DHS goon squad in full combat gear!

The statists are getting bold...


...hope the pushback happens soon, time is running out...
We are now where The Founders were when they faced despotism.

Offline Glock32

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Re: CFPB Grants Itself Authority to Shut Down Any Business at Anytime
« Reply #4 on: June 23, 2014, 10:46:09 AM »
I can actually remember the days of due process.


I think the most frustrating part of this is that the statists and their apologists contend that this sort of thing is due process.  Why, Congress granted authority to these regulatory agencies, and Congress is elected by the people, hence the people have granted imprimatur to the bureaucracy. What's the problem?

And sure, a small farmer growing corn on his own land to feed his own livestock is subject to virtually limitless regulation under the penumbra of interstate commerce.  Hell, I bet some of that air you draw into your lungs with every breath drifted in from another state, so we'll call that interstate commerce too.

The dismantling of our constitutional republic actually occurred a surprisingly long time ago, I think it's just that we've only recently acquired a political class determined to finalize the process.

Ask yourselves, is there anything the government cannot do? Not only will they violate every supposed constraint put on them, they'll concoct some convoluted legalism to justify it.
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Offline Libertas

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Re: CFPB Grants Itself Authority to Shut Down Any Business at Anytime
« Reply #5 on: June 23, 2014, 11:33:20 AM »
WWTFD?!

What Would The Founders Do?!

They gave us the example...it would be a dereliction of citizen duty, a violation of concious and a sin against Liberty and God not to act...

The progressives through their perverse actions over these many decades to convert the nation from a Republic of virtue to a Democracy of selfishness and chaos have sewn the seeds of their own destruction...by declaring war on our God-given Liberty and enumerated Rights...by shouting down, punishing, persecuting and legislating and decreeing (through Executive act, Congressional negligence or Judical activism) the abolition of any and all dissent from progressive ideology they are leaving no other choice than for former law-abiding citizens to become rebels and shake off their chains of tyranny much like Our Founders had to do 238 years ago...

It is all on the progressives in the Democrat and Republican parties and those that support them...

We are now where The Founders were when they faced despotism.

Offline IronDioPriest

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Re: CFPB Grants Itself Authority to Shut Down Any Business at Anytime
« Reply #6 on: June 23, 2014, 12:21:25 PM »
...The dismantling of our constitutional republic actually occurred a surprisingly long time ago, I think it's just that we've only recently acquired a political class determined to finalize the process...

Finalize, and ultimately, formalize. They've had quite enough of the de facto socialism under a hundred-thousand false pretenses toward liberty and heritage. They want the real thing, out in the open - out with the old, in with the new. The more who choke on it, the better, if their true aspirations are to be realized.
"A strict observance of the written laws is doubtless one of the high duties of a good citizen, but it is not the highest. The laws of necessity, of self-preservation, of saving our country when in danger, are of higher obligation. To lose our country by a scrupulous adherence to written law, would be to lose the law itself, with life, liberty, property and all those who are enjoying them with us; thus absurdly sacrificing the end to the means."

- Thomas Jefferson