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NeoConsSuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-20-11 07:03 PM
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An Advocate Who Scares Republicans
The piata sat alone at the witness table, facing the members of the House subcommittee on financial institutions and consumer credit.

The Wednesday morning hearing was titled Oversight of the Consumer Financial Protection Bureau. The only witness was the piata, otherwise known as Elizabeth Warren, the Harvard law professor hired last year by President Obama to get the new bureau the only new agency created by the Dodd-Frank financial reform law up and running. She may or may not be nominated by the president to serve as its first director when it goes live in July, but in the here and now shes clearly running the joint.

And thus the real purpose of the hearing: to allow the Republicans who now run the House to box Ms. Warren about the ears. The big banks loathe Ms. Warren, who has made a career out of pointing out all the ways they gouge financial consumers and whose primary goal is to make such gouging more difficult. So, naturally, the Republicans loathe her too. That she might someday run this bureau terrifies the banks. So, naturally, it terrifies the Republicans.

The banks and their Congressional allies have another, more recent gripe. Rather than waiting until July to start helping financial consumers, Ms. Warren has been trying to help them now. Can you believe the nerve of that woman?

http://www.nytimes.com/2011/03/19/business/economy/19no...
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Arctic Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-20-11 07:15 PM
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1. Go Ms. Warren! Kick banker and repug ass!
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-20-11 07:22 PM
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2. Horrible "journalism."
Even though I agree with it.
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jillan Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-20-11 07:22 PM
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3. Ha - I knew it was here before I clicked on this thread to see who it was. Go Elizabeth!
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Betty Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-20-11 10:54 PM
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4. the only person I've heard that actually stands up
for the little guy. Of course, she will be stopped, and Obama won't say a word.
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txlibdem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-21-11 09:21 AM
Response to Reply #4
5. I so wish I could argue with your statement
But we both know that it's right on the money (so to speak). The linked article said point blank: none of the banksters will be held accountable for destroying the economy and committing outright fraud with their "mortgage backed securities." Do you hear Obama talking about this? Nope.
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