Friday, July 15, 2011

Friday Night Obama Dump: Prez Rules Out Elizabeth Warren for Chief of CFPB

President Barack Obama has chosen a candidate other than Elizabeth Warren as director of the new Consumer Financial Protection Bureau, according to a person briefed on the matter, reports Bloomberg.

The consumer bureau is to begin formal operations on July 21.

Banksters win, though this is probably a win to be cheered. Warren would have ended up nationalizing piggy banks.

Will Warren now announce as a candidate for the Senate seat from Taxachusetts?


  1. "Banksters win"

    I don't know, maybe it is just me, but don't the "banksters" always win? That seems to be the general trend of things for the past few hundred years. It really would be nice if the propaganda was not stronger than the reason of the general public, but it seems that they can always sell some excuse to the "masses", and they all eat it up hook, line and sinker. Banks and governments: Like peas in a pod.

  2. not even the support of Al Franken saved her?