If You Can’t Trust the Mad Dog…

… well, I do — but I can’t say the same for his employers.

You’ll remember that my best friend hooked onto the belly of the bureaucratic beast shortly after his retirement from the military. Specifically, he works for the Consumer Financial Protection Bureau, which exists as a way of allowing people to weasel out of contracts they made, presumably because they don’t know about that whole fine print thing. What could be better than having an unelected, unaccountable (and perhaps unconstitutional) tentacle of Leviathan wrapping itself around even more private transactions?

Well, as J.D. Tucille reports at Reason, how about having another tentacle diving into your spending habits? Tucille draws from a report at Investors Business Daily:

The Consumer Financial Protection Bureau, created by the Dodd-Frank financial reform, is collecting reams of data on your bill-paying and spending habits.

In fact, the Obama administration is compiling a massive database of personal information, including monthly credit card, mortgage, car and other payments.

The data will be warehoused by private contractors and shared with other federal agencies and Congress, as well as researchers in the field.

Democrats on the House banking panel have already requested auto lending industry data that the CFPB is collecting as part of anti-discrimination probes.

What could possibly go wrong? Remember, the government is the only thing we all belong to!

Hey, Mad Dog? If you’d be kind enough to, um… ixnay the udentstay oanslay, there might be a pint of Graeter’s in it for you the next time we get together. Hm? Hm? Just sayin’…

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About profmondo

Dad, husband, mostly free individual, medievalist, writer, and drummer. "Gladly wolde he lerne and gladly teche."
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One Response to If You Can’t Trust the Mad Dog…

  1. Jeff says:

    My second job in D.C. in the ’90s was as the second assistant backup receptionist in a high-level office suite at a Cabinet department. Even though I was hired through a temp agency and had no security clearance, they handed me a set of keys and gave me a guest computer login the first morning I was there. Within moments, I had access to files and information a Washington Post reporter would drool over. People regularly dropped Top Secret diplomatic cables and other documents in my in-box, and I was essentially honor-bound not to file, read, or even touch them. A couple days before my six-month assignment ended, a mortified guy in the security office finally came down and processed my clearance.

    The thing is, the department was full of non-political career employees who were responsible, conscientious, and good at their jobs, especially the admin staff. The underappreciated people who served as experts on particular regions or countries were often brilliant. The organization was just so huge that as it evolved in ways nobody actually intended, giant security holes simply formed on their own.

    I temped all around D.C. as a secretary for several years–government, think tanks, law firms, foundations, you name it–and while I took these jobs seriously, stole or leaked no information, and did no harm, I remain amazed and unnerved by the things a 23-year-old nobody was able to learn and see.

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