President Barack Obama said Sunday that he would nominate Richard Cordray, the former attorney general of Ohio, to lead the new Consumer Financial Protection Bureau, passing over Elizabeth Warren, the Harvard law professor who was the driving force behind the agency's creation.If Barry thinks that the Republicans in the Senate would go along with nominating anyone to be the head of the CFPB, other than maybe one of the Koch Brothers, then I think he is very much mistaken.
The counter-argument is that by nominating someone other than Warren, Obama can use that to point to the party of the Confederacy and say: "Look, I tried to be reasonable. But they're not reasonable and they never will be."
I don't think I buy it.
At least it isn't the active CEO of a Wall Street bank, with the blood of innocents still dripping from his mouth.
ReplyDeleteThe Republicans don't really care who runs it if Obama will make it toothless and unable to bother their friends.
ReplyDeleteCome onnn.
ReplyDeleteThis tactic always serves Obama well, doesn't it?
Er - depends on what he really wants, doesn't it?
Thanks for the reporting!
Cordray actually isn't any easier on the corporate thieves than Warren, if you look at his record. Which is why I think your counter-argument is probably why Obama is doing it -- as an election-time ploy to give him one more thing to use to paint the Republicans as a bunch of batshit crazy unreasonable jerks.
ReplyDelete- Badtux the Reasonable Penguin
Cordray is one of Warren's proteges, and she endorses him. Meanwhile, Elizabeth is free to run for senator from her home state (Mass., I think). It's a disappointment, sure, but not as bad as it looks.
ReplyDelete