Elizabeth Warren has the right idea about what makes our economy strong, and that is the middle class. Her idea for a Financial Product Safety Commission modeled after the Consumer Product Safety Commission seems just common sense after all the unscrupulous behavior we've seen from our financial institutions.
SPONSORED BY:
The Debt Crusader
Email To A Friend
Please fill in the following information and we'll email this link.
SPONSORED BY
For all her energy, Warren admits the politics of her new gig are confusing. And despite the headlines she's generated, she's really not sure how much legislators will listen to her panel. Sitting in her quiet Harvard office late one evening, surrounded by bookshelves, one gets the sense she might be happier to stay right here, churning out journal articles and helping apprentice scholars perfect their PowerPoints. But she sees the months ahead as a fertile period, much like the era in the 1930s that produced the SEC and the FDIC. "We go through long periods of our history and we make only small changes at the margin, but there are other moments that are a point of inflection," she says. "We need to learn the lessons of this crisis." For her part, Warren intends to make the most of this teachable moment.
© 2009
Discuss