I am hopefully not going to make a habit of linking the Wall Street Journal, it was the newspaper of choice for capitalists even before Murdoch took over and added in some Fox News populist lies for good measure. Nonetheless this is a special occasion, for the WSJ is angry with Obama. Not angry in their dismissive faux manner they usually are with Obama because they've got to keep shifting the overton window ever rightwards. No, this is straight up real anger. They're angry because something good has happened.
Elizabeth Warren has been appointed to oversee the creation of the Consumer Protection Agency. It does longer term she almost certainly wont lead it but given continuing GOP tactics to block any and all appointments and legislation that is in any way positive for America that wasn't likely anyway. Hopefully under her wise hand will built into something capable of doing some good.
A good example of why I like Elizabeth Warren so much is this lecture she gave a few years ago:
And I'm putting this mea culpa at the bottom of the page under the video so maybe you wont have your perception of me as infallible pierced: I strongly believed that after her capable overseership of the TARP program she'd never get any higher in government. I am glad Obama has done a rare good thing and proven me wrong.
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