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Judicial Watch: Obama Admin Collecting Financial Data From Private Citizens Without Warrants

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Photo Credit: ezola

Photo Credit: ezola

Well, we almost made it through a whole week without a new Obama Regime scandal, but the good folks at Judicial Watch never rest, and they announced today that they’ve obtained records from the Consumer Financial Protection Bureau (CFPB) exposing that millions of dollars have been spent by the agency on the warrantless collection and analysis of Americans’ financial transactions.

The full extent of the CFPB personal financial data collection program is revealed in a document obtained by Judicial Watch entitled “INDEFINITE-DELIVERY INDEFINITY-QUANTITY (IDIQ) STATEMENT OF WORK.” According to the IDIQ document’s stated Objective: “The CFPB seeks to acquire and maintain a nationally representative panel of credit information on consumers for use in a wide range of policy research projects… The panel shall be a random sample of consumer credit files obtains from a national database of credit files.”

To accomplish this objective, the CFPB describes the scope of the program accordingly:

The panel shall include 5 million consumers, and joint borrowers, co-signers, and authorized users [emphasis added]. The initial panel shall contain 10 years of historical data on a quarterly basis [emphasis added]…

Read more from this story HERE.

Hypocrite: Pelosi made up to $5 million on Asian investments in 2011

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On the heels of The Weekly Standard’s report yesterday that DNC chair Debbie Wasserman Schultz — a vocal critic of Mitt Romney‘s investing practices, had herself dabbled in the foreign markets — we can add Nancy Pelosi to the list of prominent Democrats to profit from overseas investments.

According to Pelosi’s 2011 financial disclosure statement, the Democratic House Minority Leader received between $1 million and $5 million in partnership income from ”Matthews International Capital Management LLC,” a group that emphasizes that it has a “A Singular Focus on Investing in Asia.” A quick trip to the company website reveals a featured post extolling the virtues of outsourcing.

“Designed in California, Made in Manila” sounds like an excellent title for a smear ad to be run the by the Barack Obama campaign. Instead, it appears to be Nancy Pelosi’s investment strategy.

Pelosi is also a small investor in the embattled “Moduslink Global,” one of the “outsourcing pioneers” that Mitt Romney has been criticized for associating with while at Bain Capital.

Read more from this story HERE.

Photo credit: Talk Radio News Service