The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Is It Ironic That Elizabeth Warren, Slated To Head The Consumer Financial Protection Bureau, Has A Potential Credit Card Fraud Problem?

Posted on | October 16, 2012 | 3 Comments

by Smitty

Breitbart notes the Boston Globe’s report of a $36 million dollar for Pseudajawea–good on her–and then this worrisome bit:

Yet more than 40% of these funds–an estimated $16 million–have come online via two websites that do not have industry-standard protections and are vulnerable to fraud and illegal foreign national donations.
Today’s report, which will be available for full public scrutiny by Tuesday morning, includes $8.7 million raised between August 18 and September 30 after her most recent Federal Election Commission filing–an August 17, 2012 pre-primary report that showed she had raised $3.7 million between July 1 and August 17, and $28 million from the start of her campaign.
Warren made her reputation as an anti-fraud advocate for consumers.

That recalls a story from last December, admittedly ancient history by internet standards:

President Barack Obama’s “Consumer Czar” Elizabeth Warren was appointed by Obama to help set up and, many fear, to eventually run the new Consumer Financial Protection Bureau (CFPB). In March 2011, Warren testified to Congress about the CFPB’s role in a 50-state settlement underway with the nation’s largest mortgage lenders related to alleged improper foreclosure procedures.
Through the Freedom of Information Act (FOIA) and the open records laws of the states, Judicial Watch obtained documents that show that Warren’s and the CFPB’s involvement in the mortgage settlement negotiations is much greater than she told Congress.

Warren is such a corrupt little joke that the only question is why she has any numbers in Mass. polls at all.

Well, at least Elizabeth has her Iron Maiden tribute band to fall back on. And, after the first Tuesday of next month, #OccupyResoluteDesk should be available for some session work.

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Comments

  • SDN

    What’s ironic? The guy who’s appointing her used the same tactic in 2008 and 2012 to take money from such sources as a phone bank run by Hamas. Confirmed. Multiple times, including by yours truly. No verification at all.

  • Matthew W

    “Yet more than 40% of these funds–an estimated $16 million–have come
    online via two websites that do not have industry-standard protections
    and are vulnerable to fraud and illegal foreign national donations.”

    Well, the “good” news of this is that she is using the Obama credit card model to get illegal funds and it seems likely that more Democrats are either currently doing that or will do it and then, maybe the MSM will take real notice of the ILLEGAL ACTIVITY by the Obama team.

  • http://www.bcarr.com Brendon Carr

    Warren is such a corrupt little joke that you wonder how she polls at any level of support in Massachusetts, Smitty? It’s simple: Massachusetts is a corrupt joke, and rather a big one. Personally, I think the rejection of Grim Granny Lieawatha will in later years be noted as a turning point for the state, but things are still dicey.