CFPB ...heads up from Sovereignman.com


GALTGULCH8

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"The path to tyranny is almost always paved with good intentions.

And so, enter stage left, the innocuously named Consumer Financial Protection Bureau (CFPB).

These government agencies with the catchy, high-sounding names are always the most dangerous. After all, it was the 'Committee for Public Safety' that was responsible for wanton genocide during the post revolution Reign of Terror in France.

Recently, the CFPB 'encouraged' retail banks in the Land of the Free to 'help' their customers regarding international wire transfers. And by 'help', they mean prohibit.

Of course it's all for 'consumer protection'.. So under the guise of safety and security, several banks will curtail retail customers' abilities to send international wire transfers.

Chase, for example, will start to limit cash withdrawals and ban business customers from sending international wire transfers from November 17onward.

And starting October 20th, HSBC USA's Premier clients will have to wait a minimum of five days before transferring funds to their OWN international accounts!

This is the very nature of capital controls-- restricting the free flow of capital across borders until it is trapped inside the country and forcibly denominated in a rapidly devaluing currency.

And this is exactly how it starts... making it more difficult to move money abroad. "

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Gulch, that "agency" was an outgrowth of Dodd-Frank Law, named after two (2) of the truly evil legislators in the Congress.

The Director was one (1) of the unconstitutional ressess appointments that O'biwan made and Federal District Courts have ruled that that appointment was improper because it violated the Separation of Powers doctrine.

The truly frightening aspect of this "agency" is that it is self funded. Congress is prohibited from approving it's budget.

It goes directly to the Fed and gets the money to fund itself.

Astounding that this was passed into law.

O'biwan and his marxists controlled all three (3) branches when this was passed in his first two (2) terms. Additionally, the Fourth Estate, the "press" was in lockstep covering up for the Administration, as they are today.

A...

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