You must Publish this diary to make this visible to the public,
or click 'Edit Diary' to make further changes first.
Posting a Diary Entry
Daily Kos welcomes blog articles from readers, known as diaries. The Intro section to a diary should be about three paragraphs long, and is required. The body section is optional, as
is the poll, which can have 1 to 15 choices. Descriptive tags are also required to help others find your diary by subject; please don't use "cute" tags.
When you're ready, scroll down below the tags and click Save & Preview. You can edit your diary after it's published by clicking Edit Diary. Polls cannot be edited once they are published.
If this is your first time creating a Diary since the Ajax upgrade, before you enter any text below, please press Ctrl-F5 and then hold down the Shift Key and press your browser's Reload button to refresh its cache with the new script files.
ATTENTION: READ THE RULES.
One diary daily maximum.
Substantive diaries only. If you don't have at least three solid, original paragraphs, you should probably post a comment in an Open Thread.
No repetitive diaries. Take a moment to ensure your topic hasn't been blogged (you can search for Stories and Diaries
that already cover this topic), though fresh original analysis is always welcome.
Use the "Body" textbox if your diary entry is longer than three paragraphs.
Any images in your posts must be hosted by an approved image hosting service (one of: imageshack.us, photobucket.com, flickr.com, smugmug.com, allyoucanupload.com, picturetrail.com, mac.com, webshots.com, editgrid.com).
Copying and pasting entire copyrighted works is prohibited. If you do quote something, keep it brief, always provide a link to the original source, and use the <blockquote> tags to clearly identify the quoted material. Violating this rule is grounds for immediate banning.
Be civil. Do not "call out" other users by name in diary titles. Do not use profanity in diary titles. Don't write diaries whose main purpose is to deliberately inflame.
Republicans in the Senate have vowed to destroy the Consumer Financial Protection Bureau by continuing to block confirmation of the agency's director, any director. It's not opposition to the individual, Richard Cordray, that is driving them. It's fealty to Wall Street and utter disregard for constitutional, governmental norms. Steve Benen talks about just how radical what the Senate Republicans are doing is.
What we're talking about here is a shrinking Senate minority pursuing a nullification strategy -- they want to nullify federal law by abusing procedural tactics in a way that's literally never been done in the United States.
If Senate Republicans want changes to the CFPB, there's already a mechanism in place that allows them to pursue reforms: it's called the existing legislative process. Senators can write a bill, send it to committee, try to persuade their colleagues of the proposal's merit, debate it on the floor, vote for it, etc.
But that takes time and effort, and it might not work, especially since the changes the GOP wants are absurd. So, instead, Republicans intend to block existing federal law from taking effect unless Democrats accept changes demanded by financial industry lobbyists.
As Benen says, it's nullification through extortion. They're demanding that federal law be ignored, unenforced, unless the changes to the CFPB they and their puppet-masters want are made. They are not doing this through the normal, regular, constitutional legislative process, but through an unprecedented filibuster. Just days after ostensibly agreeing with their votes for reform that the filibuster was being abused and, boy, they sure weren't going to do that anymore.
By systematically refusing to confirm President Obama's nominees, eschewing their constitutional advise and consent mandate, and by trying to force changes to existing law through extortion and exploiting Senate procedure, what the Senate Republicans are doing could indeed prompt a constitutional crisis. One alternative, and one that gets more attractive by the moment, is that Harry Reid goes "nuclear," changing filibuster rules with a simple majority vote mid-session. In the face of such extreme Republican behavior, it might be the only rational response.