After lots of pressure from unions, middle class types, and progressives like Arianna Huffington, the President is apparently appointing University of Houston alum and former UH law school prof (now at Harvard) as head of the Consumer Financial Protection Agency she proposed. Here’s the rather downplayed Times story.
A bone to the base? A chance for some real discussion in the White House economic sector? Or maybe some change in policy beyond the pre-election stir? Could be exciting.
Reminds me of a song from my childhood by Garnet Mimms:
Lady, lady, lady — why do you holler? Nobody’s seen your Johnny Dollar… Tell me where do you go / when you ain’t got no dough / there must be a way out of here.
http://www.youtube.com/watch?v=C89xeTRL-pM
Wonderful news if it turns out to be true–that she really will run the agency. It seems there’s quite a bit of confusion about what her role will be.
http://tpmdc.talkingpointsmemo.com/2010/09/confusion-reins-on-warren-role-at-new-consumer-protection-bureau.php?ref=fpc
I guess we’ll just have to wait and see.
Here’s a hopeful analysis…http://www.huffingtonpost.com/2010/09/16/everyone-is-basically-con_n_719949.html
Basically saying that Warren has been appointed as Special Advisor to Obama in charge of setting up and running the consumer protection agency. Two big bonuses–she doesn’t need confirmation and she gets to run the agency on an intrim basis as long as Obama sees fit. Hopefully he’ll see fit for a long time!
Now, let’s talk about O’Donnell! Where do these women come from? What drives the likes of O’Donnel and Palin, calling themselves feminists, working against everything that could benefit women and families?
She’s got the standard cop out: “Women should be submissive, except me who am just too strong minded and I’m sorry about it.” Not fall from the Phyllis Schlafly tree.
What’s in it for them? Votes i guess! Various forms of approval… from both men and women of various political stripes. What do you think is going on there?