(11-28-2017 10:54 PM)Fort Bend Owl Wrote:  Gupta runs a blog with my brother.
http://pubcit.typepad.com/
They're the 2nd and 3rd coordinators listed on the main page. I used to do publicity for Richard Alderman's books years ago (he's also listed as a contributor). I can ask my brother who financed Gupta's work. I did ask him about the all Democrats in CFPB story and he said he doubts that is true. Yes it is true that CFPB employees have only donated to Democratic politicians but he rightly pointed out that isn't the same as saying the organization is exclusively made up of Democrats. The CFPB has 150 employees or so; chances are a few of them are moderates or independents who just haven't contributed to Republican politicians.

The point was that the board members could all have been appointed by democrat presidents. And come on, if all donations have been made to democrats (and I'm relying on you for that), exactly what do you think that says about the political lean of the rank and file? It was a pretty blatant attempt to politicize regulation of a major industry.

Remember, it came out of Dodd-Frank, which was itself a highly politicized attempt to "regulate" the banking industry. The two named co-authors should probably be in prison for their roles in bringing about the home mortgage crisis, not writing the bill that is supposed to solve the problem.