On Mon, 10 Feb 2025 23:04:54 -0500, Auric Hellman
<
[email protected]> wrote:
The solution is not reinstatement of foreign aid, but rather education
to Westerners on how to avoid scams. The latter is more cost effective
and sticks to President Trump's "America First" mantra. He's not always >wrong.
Guess who wants more scams?
"Just over two years ago Wells Fargo agreed to pay $3.7 billion --
$1.7 billion in penalties and $2 billion in damages -- to the Consumer Financial Protection Bureau.
...
...
Overall, according to Sen. Elizabeth Warren, who conceived of CFPB,
the bureau "has returned over $21 billion to families cheated by Wall
Street."
...
But now the agency that won those settlements has been effectively
abolished.
https://paulkrugman.substack.com/p/springtime-for-scammers
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