Saturday, July 31, 2010

Consumer Financial Protection Bureau

Two recent news items highlight the need for this bureau and for a strong person to lead it. One is an account of attempts to stop payment on a check. The bank imposes a $30 fee and then $30 each subsequent six-month period to keep it in effect. The other report shows how some insurance make survivors under military policies believe that they are getting the money while the insurer keeps the funds and earns good return on it.

So let's get the agency started with the best person to lead it, Elizabeth Warren. Filibuster threat? Obama should make them try. The charge that she is an activist? Exactly what we need - an activist working on the side of consumers.

Wednesday, July 28, 2010

Sen. Chris Dodd Nixes Recess Appointment For Elizabeth Warren: 'Huge Mistake .. No, No, No'

I'll be glad when we'll be rid of Dodd. This remark is about as smart as his move to Iowa to run for president.

Tuesday, July 27, 2010

Ted Haggard: 'I Over-Repented' For My Meth-Gay Prostitute 'Crisis

Not a wise turn of phrase. I think that Mr. Haggard should refudiate his over-repentance.