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George Washington Warned About Agencies Like the Consumer Financial Protection Bureau

Nov. 20, 2017

by Bob Adelmann

The first president of the republic warned his citizens about the inherent dangers of government: "Government is not reason, it is not eloquence, it is force; like fire, a troublesome servant and a fearful master. Never for a moment should it be left to irresponsible action."

Washington was merely putting in elegant form what the founders were attempting: to keep government from overriding the rights of individual citizens. As James Madison noted in March, 1792: "As a man is said to have a right to his property, he may be equally said to have a property in his rights. Where an excess of power prevails, property of no sort is duly respected. No man is safe in his opinions, his person, his faculties, or his possessions."

Thomas Jefferson expressed it this way: "The true theory of our Constitution is surely the wisest and best ... (for) when all government ... shall be drawn to Washington as the center of all power, it will render powerless the checks provided of one government on another, and will become as ... oppressive as the government from which we separated."

Under the Obama administration the Consumer Financial Protection Bureau (CFPB) was deliberately crafted to "protect" itself from those checks and balances:

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