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WASTE AND ABUSE AT THE CONSUMER FINANCIAL PROTECTION BUREAU
Breaking news: the Consumer Financial Protection Bureau wastes piles of taxpayer money on ludicrous nonsense, just like every other organ of our bloated government.
Judicial Watch has been auditing the CFPB’s finances. Among the “questionable expenses” they have discovered are $479,354 for sign language translation services, $4,500 to send top attorneys to a “banking law fundamentals” class, and starting salaries as high as $173,000 per year.
The agency told CNN it needed the sign-language services, which apparently cover just two “entry level employees,” in order to comply with the Americans With Disabilities Act. Supposedly they have pre-paid for these services, and will receive a refund of unused sign-language interpreter time at the end of the year. Judicial Watch noted that the expenses paid thus far included $1,185 to cover gas mileage for the interpreter – which, to be fair, is not hard to believe in Barack Obama’s economy.
The continuing-education courses on banking law don’t seem that outrageous… until one reflects that highly compensated attorneys hired for the top ranks of a massive consumer protection agency really shouldn’t need that kind of remedial education. One enforcement attorney is quoted from an email saying, “This looks like an awesome agenda for a banking world novice like me.”
As for the soaring salaries of CFPB officials, Rep. Ann Marie Buerkle (R-NY) observed in congressional hearings that starting salaries at the agency exceeded Office of Personnel Management standards by up to 90 percent. Judicial Watch adds that “a dozen new hires take home more than $225,000 a year, while a student intern was paid $51,620 ‘through completion of education & study.’”
Blacksmith8✡
August 21st, 2012
“WASTE AND ABUSE AT THE CONSUMER FINANCIAL PROTECTION BUREAU”
Well duh!
dhimmi formed and dhimmi ‘run’ Dhimmis only know how to do ONE thing:
SPEND SPEND SPEND ’til the people take the country away….
Robert Fine
August 21st, 2012
Is there ANY department in our government that has not be exposed as corrupt since 2008?
RANDO
August 21st, 2012
Wait. There is waste at a Gov’t Agency?!
Why haven’t I heard about this before?
Moxie Man
August 21st, 2012
They all claimed to be 1/32 Cherokee, as their mentor, Liawatha, did.
Oh Look – The New Financial Protection Bureau is Wasting Tons of Money | The Lonely Conservative
August 21st, 2012
[...] by Franken-Dodd, one of President Obama’s shining achievements.Ugh.Read the whole thing.Via iOwnTheWorldgoogle_ad_client = "ca-pub-1395656889568144"; /* 300×250, created 8/11/08 */ google_ad_slot = [...]
66chevelle
August 22nd, 2012
Jane’s Book of Federal Agencies is unimpressed with their Force Projection Capabilities, too: Only one Tactical Air Wing, Two Light Infantry Divisions, eight Tanks and six Minesweepers.