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Old 08-26-2010, 02:55 PM
 
27,624 posts, read 21,107,344 times
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Reporting from Washington — For a soft-spoken, unfailingly polite university professor, Elizabeth Warren has a surprising knack for making people squirm — particularly on Wall Street.
Elizabeth Warren, touted to lead new consumer protection agency, has powerful enemies - Los Angeles Times

Why not Elizabeth Warren?

Someone like Warren is a shock to that system. She unabashedly sides with consumers. She hates fine print and contracts with "gotcha" clauses. She wants to eliminate predatory loans. And she thinks that it's okay for bank profits to be crimped in service of a level playing field between borrowers and their lenders. In other words, she is Jamie Dimon's nightmare.

The American home is shrinking - and gaining appliances - Aug. 26, 2010
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Old 08-26-2010, 07:01 PM
 
3,555 posts, read 7,844,502 times
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To me this is a real test for Obama and the Ds in the Senate. Dodd is a lost cause and is just biding his time waiting to start his NEXT multi million paying job in the banking industry. If Obama doesn't nominate her and then a**-whip Dodd to get her confirmed he'll have lost one heck of a lot of support from his base.

Smart, polished and possibly the best looking 62 year old on the planet!!!!
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Old 08-26-2010, 07:12 PM
 
19,814 posts, read 12,075,385 times
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Perhaps this thread could be merged with the other thread by the exact same title? Too bad people don't do a simple search before going off half cocked and starting a duplicate thread.

//www.city-data.com/forum/polit...-consumer.html

Last edited by shadowne; 08-26-2010 at 07:21 PM..
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Old 08-26-2010, 07:18 PM
 
27,624 posts, read 21,107,344 times
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Quote:
Originally Posted by golfgod View Post
To me this is a real test for Obama and the Ds in the Senate. Dodd is a lost cause and is just biding his time waiting to start his NEXT multi million paying job in the banking industry. If Obama doesn't nominate her and then a**-whip Dodd to get her confirmed he'll have lost one heck of a lot of support from his base.

Smart, polished and possibly the best looking 62 year old on the planet!!!!
She is probably just as feared and hated by Wall Street as Spitzer was. I'm keeping my fingers crossed.
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Old 08-26-2010, 07:20 PM
 
27,624 posts, read 21,107,344 times
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Quote:
Originally Posted by shadowne View Post
Perhaps this thread could be merged with the other thread by the exact same title? Too bad people don't do a simple search before going off half cocked and starting a duplicate thread.


Perhaps some people should apply for a moderator position on CD.
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Old 08-26-2010, 07:22 PM
 
Location: Blankity-blank!
11,446 posts, read 16,175,090 times
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Quote:
Originally Posted by sickofnyc View Post
She is probably just as feared and hated by Wall Street as Spitzer was. I'm keeping my fingers crossed.
The banking industry has a whole lot of money, influence, and resources to battle anyone who threatens their domination.
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Old 08-26-2010, 07:33 PM
 
27,624 posts, read 21,107,344 times
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Originally Posted by Visvaldis View Post
The banking industry has a whole lot of money, influence, and resources to battle anyone who threatens their domination.
I really will be disgusted if she does not get the position.
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Old 08-26-2010, 08:41 PM
 
Location: Missouri
4,272 posts, read 3,784,681 times
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Since the Consumer Protection Commission was her idea, she won't get the job. That's just how things work in this country nowadays. More powerful people than she think they know how to make her idea work better than she does.

Maybe they are right. Many times the idea person doesn't make a good manager. Then again, she has had management experience with good and bad reviews. Typical of anyone who has a peer-reviewed job.

I'd say to give her a chance.
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Old 08-26-2010, 09:45 PM
 
2,023 posts, read 5,309,441 times
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The current administration could have also reached out to someone like Bill Black or Janet Tavakoli or Catherine Austin Fitts to show that they are working for the American people instead of the banker controlled scumbags like Tim Geithner, Larry Summers and Ben Bernanke who are only there to sweep the largest fraud in history under the rug. Just disgusting behavior from those last three individuals.
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Old 08-26-2010, 10:33 PM
 
27,624 posts, read 21,107,344 times
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Sorry bfor the error in the 2nd link in the OP. Here is the correct link...

Why not Elizabeth Warren?
The outcry over Warren's impartiality is a through-the-looking-glass twist on the current state of our regulatory affairs. It bears repeating that it's a good thing for the head of an agency designed to protect consumers to actually put the interests of consumers first.

Why not Elizabeth Warren for BCFP? - Aug. 2, 2010
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