Not only does Obama have no shame in acting directing in contrast to the U.S. Constitution, but then has the audacity to "gloat" about his actions. What an Arrogant Idiot he is....He's got to go in November of 2012!
Obama takes victory lap
By Amie Parnes - 01/06/12 12:45 PM ET
Two days after defying Republicans and appointing Richard Cordray to head the Consumer Financial Protection Bureau, President Obama visited the new agency to take a little time to gloat.
Making a victory lap of sorts at the independent agency, Obama cracked a joke, telling employees that he came by to help their new director move in.
More seriously, a seemingly content Obama called the man he tapped a “great director who is tailor-made to lead this agency.”
With Cordray at the helm, after months of delay, the agency will help Americans better digest mortgages, student loans and credit card fees before they become entangled in debt, Obama said before a packed room of more than 100 CFPB employees.
“Now that Richard is your director, you can finally exercise your responsibilities under the law,” Obama said. “We can help give people the clear and transparent information they need” to make the right financial decisions, he said.
Obama was welcomed by an extremely supportive crowd of bureau employees who loudly cheered his arrival and were especially boisterous when Cordray introduced himself as the official director of the agency. A lottery was held Thursday night to dole out seats to employees who wanted to attend the event.
The trip to the agency came just two days after Obama made the surprise decision to appoint Cordray to the agency while Congress was on recess.
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