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While I am a supporter of Warren, her position has no real power. She reports directly to Geitner which is the same as reporting to JP Morgan and GS. After a few years of running into brick walls, she will resign in frustration. In the mean time Obama will win a few brownie points for giving the appearance of standing up to Wall St.
The wealthy will continue to screw the masses, and the masses will continue to vote for Wall St. purchased candidates.
maybe not , I think She has a bright future ahead. Most likely she will be the chosen one for the post , once the dust settles. Right now , no one could get past the legislature hearings.
I don't think we need to spend millions of taxpayer dollars so one of Obama's leftist cronies can pass more regulations to "level the playing field" (e.g. Transfer of wealth, Regulate everything, etc).
Here's the simple solution for consumers to avoid high credit card interest payments and fees.
Live below your means. Only use debt for absolute necessity. Never put more on your credit card balance than you have in your savings account and pay the full balance off every month. Problem solved.
I don't think we need to spend millions of taxpayer dollars so one of Obama's leftist cronies can pass more regulations to "level the playing field" (e.g. Transfer of wealth, Regulate everything, etc).
Here's the simple solution for consumers to avoid high credit card interest payments and fees.
Live below your means. Only use debt for absolute necessity. Never put more on your credit card balance than you have in your savings account and pay the full balance off every month. Problem solved.
Here we go , just one more negative , party of no, contract on America , supporter. You say nothing , you are all the same. Disgusting !
We would have thought a Harvard law professor would object to the extra-legality of this arrangement, but then this is also the crew that gave us ObamaCare via budget reconciliation and put Donald Berwick in charge of Medicare without a Senate debate. Remind us again why the tea party critique of Obama governance is crazy.
and
And the bureau will now be staffed and shaped by an "assistant" with no obligation to appear before the Senate. The possibility that an appointed official could hold significant authority is why the framers wrote the Senate into the process of approving the President's senior hires. Article II, Section 2 of the Constitution says the President "shall nominate, and by and with the Advice and Consent of the Senate, shall appoint . . . Officers of the United States."
Article II, Section 2 also says "Congress may by Law vest the Appointment of such inferior Officers, as they think proper, in the President alone," but Congress explicitly did not view the head of the financial consumer bureau as an inferior officer. On July 21, Mr. Obama signed a bill passed by both Houses stating that the "Director shall be appointed by the President, by and with the advice and consent of the Senate."
So those who think Ms. Warren should not have been subjected to Senate approval support this President's violation of the Constitution, would that be correct?
We would have thought a Harvard law professor would object to the extra-legality of this arrangement, but then this is also the crew that gave us ObamaCare via budget reconciliation and put Donald Berwick in charge of Medicare without a Senate debate. Remind us again why the tea party critique of Obama governance is crazy.
and
And the bureau will now be staffed and shaped by an "assistant" with no obligation to appear before the Senate. The possibility that an appointed official could hold significant authority is why the framers wrote the Senate into the process of approving the President's senior hires. Article II, Section 2 of the Constitution says the President "shall nominate, and by and with the Advice and Consent of the Senate, shall appoint . . . Officers of the United States."
Article II, Section 2 also says "Congress may by Law vest the Appointment of such inferior Officers, as they think proper, in the President alone," but Congress explicitly did not view the head of the financial consumer bureau as an inferior officer. On July 21, Mr. Obama signed a bill passed by both Houses stating that the "Director shall be appointed by the President, by and with the advice and consent of the Senate."
So those who think Ms. Warren should not have been subjected to Senate approval support this President's violation of the Constitution, would that be correct?
And the Director shall be...you are way ahead of yourself. The new Director many not be EW , how can you be so sure that it will be her? Wall Street and big greed has already expressed their dislike for her....thats a good sign. Her job is to be an adviser to the President, and to help get the agency put together. For the good of the American people , its way past time . The way things are going ,the Director , may take years to be appointed with the Party of NO , blocking everything that comes down the pike.... I thought you folks were for better Government, more over site , and less special interest.? The American People need a voice too , the last eight years under GWB , they have not had one.
While I am a supporter of Warren, her position has no real power. She reports directly to Geitner which is the same as reporting to JP Morgan and GS. After a few years of running into brick walls, she will resign in frustration. In the mean time Obama will win a few brownie points for giving the appearance of standing up to Wall St.
The wealthy will continue to screw the masses, and the masses will continue to vote for Wall St. purchased candidates.
A+ for you and to the head of the class.
However, the masses are mostly retards. They don't just bend over for the wealthy they buy the lube and boone's farm too.
I've grown old enough to appreciate the freedoms we have in this country. My folks never made a lot of money but they knew when you were poor you didn't buy liquor, cigarettes etc. and didn't have cable TV or ate out. Raised our own vegetables, worked 2nd jobs, wore 2nd hand clothes as needed. No credit card debt, no pay day loans.....sorry....the system works and you cannot have BOTH freedom and protection.
Live below your means. Only use debt for absolute necessity. Never put more on your credit card balance than you have in your savings account and pay the full balance off every month. Problem solved.
And if you get a life-threatening illness (leading cause of personal bankruptcy -- even with so-called "insurance"), just shut-up and pay the bill or die.
However, the masses are mostly retards. They don't just bend over for the wealthy they buy the lube and boone's farm too.
I've grown old enough to appreciate the freedoms we have in this country. My folks never made a lot of money but they knew when you were poor you didn't buy liquor, cigarettes etc. and didn't have cable TV or ate out. Raised our own vegetables, worked 2nd jobs, wore 2nd hand clothes as needed. No credit card debt, no pay day loans.....sorry....the system works and you cannot have BOTH freedom and protection.
lets face the facts ...its all about money, as Willy Sutten said when asked why he robbed banks?...his answer " cause that where the money is" , . Wall street and big Banks ( one in the same now) , will always have the upper hand....and the people will always do what what the Bankers want and tell them to do. change comes slow, or not at all, the Banking Lobby is the largest group, the people only have a few looking out for them, I say EW could be one of them, I hope She can make a difference however small it may be.
The 'consumer' mentality is the root cause of most of our problems. We should stop thinking of ourselves as 'consumers.'
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