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The very rustic toast by Elizabeth Warren Republican members of a sub-chamber Tuesday raises two interesting questions: After a decade in which lenders raped and pillaged the owners, home buyers and credit card holders Why Republicans gutting both an agency that would protect the American middle class as persistent sleazebags? And secondly, why the Obama administration was so reluctant to name the director of the Warren Finance Consumer Protection Bureau and the strength of a great battle and very accessible to the public on an absolutely crucial economic issue: the corrupt , predatory nature of the financial community?

I have no idea. This policy seems to be a no-brainer. Warren is a great artist of the public, with a strong personal story. "It scares the banks to death," one senator told me, and an operator is warned, however:. Hired Holly Petraeus, wife of General-to lead the fight against payday lenders around military and skeevy base to enjoy our youth and financially sophisticated, military service members. It is also a political battle without losing Democrats, who among us has not been caught or killed by small print that accompanies any mortgage, credit cards and home equity loan?


elizabeth warren


But the president decided not to make the fight ... so far. There are two possible reasons. First of all, I say, he believes there are other, more important fish fry budget battles in Congress this year, has encouraged the education programs, research and infrastructure. The issue of financial regulation is too complex for the public. (I do not agree:. The problem is not clear how the most recent credit card charges, interest) Furthermore, the fact that Obama's economic team of the Wall Streety Warren does not like much. This is a real problem: the desire for Obama to buy the Wall Street conventional wisdom is the greatest weakness of the President of the season so far and I want to say that, politically as well as content.

Senator Al Franken and Rep. Barney Frank, both called the president to Warren a "recess appointment" that his appointment by the back door when Congress is in session. I disagree. Obama should appoint Warren through the front door, and turn it into a test of Republican ideology. I'd really like to know the members of Congress who say the media attention shines on them all why the public should not be defended against predatory lenders by a woman who has proved the stronger voice and more effective rights consumers in the Obama administration.