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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.
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!!!!
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.
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.
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.
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.
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.
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.
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