"the most powerful regulatory agency that's ever been put together"
- Head of the U.S. Chamber of Commerce commenting on Obama's newly created Federal agency, the Consumer Financial Protection Bureau.
Yep, because a brand new Federal bureaucracy is exactly what we need when this country is mired in an amount of debt unheard of in U.S. history. Yes, another agency full of government workers and political appointees and which will continue to grow and receive perpetual budget increases at the expense of the American taxpayer. Worse yet, the CFPB does not appear to be hampered by any government oversight.
A new bureaucracy means one more agency that must, by nature, continue to expand it's power and scope as justification for increased budgets and funding. Before long they'll have a budget that's 10 times what it is today. Hell, they'll probably have their own police powers and law-enforcement branch and will be buying short-barreled breaching shotguns on the taxpayer dime to "protect" consumers.
This is liberalism in a nutshell folks. More government power, more government regulation, more bureaucracy and government spending = A good thing. Why? Because it means more control over individuals.
Aside from NASA, numerous federal agencies have seen major budget increases since Obama took office. Just look at the Dept. of Education. Hell, the "Competing and Winning in the World Economy" budget for FY2012 (PDF Warning!) is asking for $10.6 Billion to create an "interoperable 4G wireless network for public safety." Yes, they want almost $11 billion for the government to create a 4G wireless network. The plea of necessity? The ever popular "public safety" plea.