GOP is attacking American Consumers - IMPORTANT TO READ

There is no mystery as to what the Republican Party is all about -- they serve their masters on Wall Street.  And we, the people are the losers.  We have lost our democratic republic, which has been replaced by an oligarchy, whose self-enriched royal members are answerable to no one but themselves.  When a true champion of democracy like Elizabeth Warren stands up to them and tries to preserve the few rights we have left, she is attacked by bought-and-paid-for congressional GOP goons like McHenry of South Carolina.  Those who support the Republican Party (whether they be the dastardly disciples of Wall Street or just everyday folks who are ignorant of the real agenda going on) are hastening the death of our country and the principles on which it was founded.

http://www.smirkingchimp.com/thread/rj-eskow/36412/rep-patrick-mchenrys-wall-street-goon-squad-targets-elizabeth-warren-and-americas-consumers

WALL STREET GOON SQUAD ATTACKS ELIZABETH WARREN -- AND AMERICAN CONSUMERS
By RJ Eskow

EXCERPT:   The savage attack by Republican Patrick McHenry on Elizabeth Warren and the Consumer Financial Protection Bureau was an obscenity by any definition except the FCC's, an assault on human decency which proves once again that Wall Street's Capitol Hill goon squad is prepared to discard decency at a moment's notice to serve its masters.  McHenry, like other Republicans before him, is just the latest symbol of a party that's stopped pretending that its actions are motivated by anything except a desire to serve Wall Street and other large corporate interests.

It was ironic that McHenry chose to attack Warren's integrity by claiming she was lying, of all things, since the attack on the CFPB has been nothing but a series of lies. McHenry's statement today promoted the GOP's biggest Big Lie, that the CFPB has unrestrained and excessive executive power. Actually the opposite is true: GOP cynics and complicit Wall Street Democrats worked to weaken the agency so much that it now has the bare minimum authority it needs to function, and it should be strengthened in years to come.

It's important to remember what Elizabeth Warren has done that's frightened the banks so much. So far she's merely tried to offer suggestions on how to rectify widespread bank criminality in the forging of documents and other illegal foreclosure actions. She's begun building a consumer-friendly organization. And she's tried to design a simpler mortgage loan application, so that borrowers actually understand the contract they're signing. Amusingly, banks have suggested a readable mortgage contract would "stifle innovation" -- which is true only when the word "innovation" is used as it often is in financial circles: as a synonym for "deception" or "predation."

Warren tells the truth, talks straight, and fights for the middle class, and that makes her dangerous to the people who call the shots for "leaders" like Patrick McHenry and Spencer Bachus. Those "leaders" are serving the interests of Wall Street firms who fear Warren and the CFPB because they'll interfere with some of their core business practices: Mortgage documents that are unreadable and contain secret traps for unwary consumers; credit card ripoffs and deceptions; and dishonest underwriting practices that threaten borrowers, investors, and the entire economy.

For America's top banks, deception and trickery are part of the business model. That's why the CFPB and Elizabeth Warren are a threat.