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Richard Shelby explains why Warren is so important

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cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-14-10 04:16 PM
Original message
Richard Shelby explains why Warren is so important
Edited on Tue Sep-14-10 04:32 PM by cal04
by Kos
http://www.dailykos.com/story/2010/9/14/901825/-Richard-Shelby-explains-why-Warren-is-so-important

This is why Elizabeth Warren has been so important to the effective implementation of the Financial Reform law:
http://www.businessweek.com/news/2010-09-14/obama-may-name-warren-as-interim-consumer-agency-head.html

Alabama Senator Richard Shelby, the senior Republican on the banking committee, said the leader of the agency should go through the confirmation process.

“Someone that’s appointed to that job should be vetted, examined, investigated and have his or her qualifications for that job weighed by the Senate,” Shelby told reporters yesterday when asked about the possibility of an interim appointment.

Shelby said he “would like to see a more objective person in that job. Elizabeth Warren, obviously, is not an objective person when it comes to the consumer issues.”


Damn right. We don't need an "objective" person in that position. We need someone who is adamantly and proudly pro-consumer. Someone who sees the government as a check on the power of Wall Street to screw over the little guy.

Shelby, the GOP, and even Democrat Chris Dodd (who's too stupid to know what's in the law that bears his own name) are all out to gut the law on behalf of their banker and Wall Street friends. Warren won't let them do that.

(Dodd Unaware Of Interim Appointment Power For Warren?)
http://tpmdc.talkingpointsmemo.com/2010/09/dodd-unaware-of-interim-appointment-power-for-warren.php
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Mudoria Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-14-10 04:24 PM
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1. Why of course they wouldn't want an "objective" person
in charge of consumer issues. That job they feel should belong to someone in tune with financial interests as their primary motivation.
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