Anybody been keeping up with Elizabeth Warren's nomination to become the Consumer Financial Protection Bureau chief? She's a pretty feisty Harvard law professor who is hoping to be able to call the banks, credit card companies, mortgage originators, etc on the carpet for their blatantly anti-consumer business dealings. They've been running amok for years under the premise "He who has the gold makes the rules". Many...OK, me...like the idea of having someone with the power and the willingness to do something looking out for the people's interests (although the idea of yet another bureaucracy bothers me).
Recently she testified before a congressional committee and had the nerve to stand up to one of the congressmen interrogating her, a big Washington no-no. The Republicans on the committee have already said there is no way they are going to confirm her nomination, so she really didn't lose much by standing up to him. Still, I found it refreshing.
What I can't figure out is why the Republicans are willing to vote down a consumer advocate and stand beside the banks and credit card companies in light of all the sleazy things they've done and continue to do, and the near-collapse of the world economy they almost caused. And got caught doing. What are the Republicans thinking?? That would be like volunteering to be a character witness for Adolf Hitler. (Hey, I call 'em like I see 'em.)
S
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