What A Democrat Sounds Like

You'll be unsurprised to see the face featured in the video below, but I don't care. After decades of incrementalism, technocracy, cringing from real or perceived GOP attacks,  and corporation worship starting with the DLC and moving on to Third Way (still so maddeningly evident today even at the highest levels), it's both bracing and probably usefully instructive to get a full-blast reminder...

The Road Not Taken

So today, I read this article. It's a good article, as these things go. In fact, it's difficult to disagree with anything in it: How astonishing to have a public servant who actually cares to inform the public about the inner workings of the system of crony capitalism that has wedded big government with big business. This comes at the expense of the free market that corporate lobbyists delight...

Obama Recess-Appoints Richard Cordray to Head CFPB, GOP (P)outraged

I've said it on Twitter already, I'll repeat it here: THANK YOU, PRESIDENT OBAMA, FOR RECESS-APPOINTING RICHARD CORDRAY TO HEAD THE CFPB: President Obama will appoint former Ohio Atty. Gen. Richard Cordray on Wednesday to be the first director of the new Consumer Financial Protection Agency, making a controversial decision to install Cordray while the Senate is in brief recess to avoid Republican...

Have Fun Storming The Castle! Obama Nominates Richard Cordray to Head CFPB

President Obama has apparently nominated Richard Cordray, the former Attorney General of Ohio. Here's a pic: It's an interesting choice, for at least two reasons: Cordray appears to be very honest as well as a very tough customer - not at all the sort of guy who will rubber-stamp the actions of the banksters. In this article from last October's Washington Independent (regarding the foreclosure...

Elizabeth Warren Out at CFPB?

Bloomberg says Obama's eliminated Elizabeth Warren as a choice to head the CFPB. Wall Street Journal says something less definitive. No confirmation from other sources. No word on who the choice to head the new organization might be, if not Warren. This will be another litmus test for Obama's commitment to doing what he can do - relatively easily - for the people of this country and also (perhaps...

Making The Right Moves On Elizabeth Warren

Oops. Just realized how that sounds. Heh.On his blog at Reuters, Felix Salmon is frustrated as he catches the susurrus of capitulationist (er, I mean "cautionary") voices already growing louder on the next issue (the potential nomination of Elizabeth Warren to head the Consumer Financial Protection Bureau). This time, it's William Cohan at Bloomberg who's sounding the retreat before battle's even...