Tax Dollars Hard At Work

http://www.consumerfinance.gov/budget/cfo-q1-2011/

The CFPB has spent $32.8 Million dollars in the first quarter.

Mostly on IT management and staffing outlays.

What do you expect??

One has to spend money if they expect to run the community banking system as we know it into the ground. These things just don't happen on their own you know.