Sunday, August 8, 2010
Nearly ten years ago, I remember watching a Frontline episode about problems with banks, credit card companies, and corrupt corporate leaders. The show interviewed a rather soft-spoken but straightforward Harvard professor who articulated the problems and solutions far more succinctly than I had ever heard. I remember thinking, "Hey, yeah, everyone, and I mean everyone, listen to this woman.
That woman was Elizabeth Warren, the appointed watchdog for TARP funds, and the only logical nominee to lead the new consumer protection wing of the federal government. This issue is well explained in an LA Times profile.
Anyone who doesn't listen to this woman and endorse her for a regulatory role in the federal government is either an idiot, an ideologue blinded by naivete, or an immoral or amoral corporate shill.