Why? Officials at the Consumer Financial Protection Bureau are conducting a massive, NSA-esque data-mining project collecting account information on an estimated 991 million American credit card accounts. It was also learned at a Congressional hearing Tuesday that CFPB officials are working with the Federal Housing Finance Agency on a second data-mining effort, this one focused on the 53 million residential mortgages taken […]
Archive for February 7th, 2014
Data Mining At The Consumer Financial Protection Bureau
Posted by Tom Lindmark on February 7th, 2014
Ignore This Month’s Employment Report
Posted by Tom Lindmark on February 7th, 2014
Another month, another jobs report. According to economists the report is bleak, adversely impacted by weather, full of unseen positives and, of course, going to either cause the Fed to delay tapering or stay the course. Given the fact that the reliability of the data is tenuous at best (the payroll survey and household survey […]