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Nice to see true consumer advocates being promoted to positions to protect the public. The Obama administration announced that Elizabeth Warren will be a special adviser overseeing the creation of a new consumer protection bureau with powers to enforce regulations covering mortgages, credit cards and other financial products.

Is this a good move?

The goal of the position is : based on the idea that if the playing field is level and consumers know what’s going on, they’ll be able to make better financial decisions.

sounds good

opponents are saying:

"This is like the czar of all czars and so let’s just talk about process," urges Sen. Bob Corker (R-TN). "The fact is that this person, the process is being being circumvented because the President knows this person could not be confirmed. I just find that to be abusive

Interesting attack

Here’s what she says:

The last minutes of this video are awesome

I like a lot of what I see here. It does make a difference who is in charge.

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Bush Administration Order Federal Agencies To Make Laws Less Protective Of Consumers,Mike Bryant | October 28, 2008 9:42 AM

Bush Administration Has Cozy Relationship With The Pharmaceutical Companies, Mike Bryant | October 26, 2008 9:45 AM

Complete Immunity For Big Business Part of Bush Administration’s Attack On Consumer Rights, Mike Bryant | October 25, 2008 9:46 AM

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