Why Elizabeth Warren is Wrong

I’ll be clear:

I like Elizabeth Warren. While overseeing TARP as chair of the Congressional Oversight Panel, she made the following comments:

To restore some basic sanity to the financial system, we need two central changes: fix broken consumer-credit markets and end guarantees for the big players that threaten our entire economic system. If we get those two key parts right, we can still dial the rest of the regulation up and down as needed. But if we don’t get those two right, I think the game is over. I hate to sound alarmist, but that’s how I feel about this.

Of course this consumers-first approach made her unpopular with Geithner & the rest of the mob who hold as a precept that those very “big players” are the economy, and any threat to them is a threat to capitalism, America, and the universe.

And now — as candidate for Scott Brown’s Massachusetts Senate seat — she has blown-up over the internet:


Libertarians, very amusingly, responded with this:


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