Ralph Nader: Obama is a "Political Coward" For Not Appointing Elizabeth Warren

DemocracyNow.org - After months of fierce opposition from Wall Street, corporate lobbyists and Republican lawmakers, the Consumer Financial Protection Bureau officially launches this week in Washington, D.C. A product of last year's overhaul of financial regulation, the Bureau was established to protect consumers from deceptive practices. Republicans have sought to weaken its reach with a number of restrictive measures, including granting other regulatory bodies veto power over the bureau's decisions. This week, Republicans scored another victory with President Obama's announcement of his choice to head the bureau. Obama has tapped former Ohio Attorney General Richard Cordray instead of Elizabeth Warren, the Harvard professor who first proposed the bureau and has overseen its establishment for the past year. Democracy Now! interviews Ralph Nader, a longtime consumer advocate, corporate critic and former presidential candidate. "[Cordray] is no Elizabeth Warren. He doesn't have her communication skills," says Nader. "She is a rare find and by throwing her overboard, Obama has signaled to hundreds of good smart people who would like to turn out government around and make it stand for the people."

For the complete transcript, to download the audio/video podcast, and for all of Democracy Now!'s coverage on the Murdoch media scandal, visit http://www.democracynow.org/2011/7/19/ralph_nader_obama_is_a_political

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Category:

News & Politics

Tags:

• amy goodman
• democracy now
• democracynow
• juan gonzalez
• republicans
• democrats
• richard cordray
• elizabeth warren
• ralph nader
• consumer
• financial
• protection bureau

[blastsummit]

lol i love how he calls obama a coward. i'm a liberal, and obama has represented the republicunts moreso than his own party

[hahaha44602]

Obama is a coward, what an idiot, asshole, pushover!!!!!!!

[Vote3rdParty]

@Joe2000King - I have just notified the authorities that you made a threat against my life. It will be up to them how to pursue this. Good luck! :) But I'm done talking to you. You are clearly not a reasonable human being.

[Vote3rdParty]

@Joe2000King - Evil doesn't exist. You live in an "us vs. them," "good vs evil" world. That is a very sad state of affairs, for you cannot view the world outside of your polarizing and divisive lens. You will most likely remain a sheep the rest of your life. Very sad, indeed.

[Vote3rdParty]

@Joe2000King - You're clearly insane. I'm glad people like you exist though, because you make Ron Paul look as terrible as he is.

[Vote3rdParty]

@Joe2000King - If you want to compare quotes, those Nader quotes (which you obviously are taking out of context) are nothing compared to what is in the Ron Paul political report.

"I think it's same to assume that 95% of blacks in that city are either semi-criminal or entirely criminal."

-Ron Paul I don't mind being called scum by someone who thinks their political opponents should be killed which equates to fascism. As long as I'm the opposite of you, I don't care what you call me.

[Vote3rdParty]

@Joe2000King - Those aren't my quotes, smeartard. Ron Paul is for big intrusive government. He supported Texas' ban on gay sex, and voted to ban gay adoptions. He would also deport LEGAL U.S. citizens if their parents came here illegally. He also thinks the state should come down and arrest blacks for wondering onto "white property." Ron Paul is also against campaign finance reform, meaning he thinks corporations should own Washington. Your ilk are not libertarians, but batshit crazy Paleocons.

[Vote3rdParty]

@Joe2000King - Wow, a fascist comment coming from a Ron Paul supporter. Why am I not surprised? Do me a favor, youtube search: "Ron Paul Admits Writing Racist Newsletters"

[ArgotMay]

We lose, no matter who gets in. They are all so primitive. I am glad I will be dead one day. Yeah!

[akaMouse]

@taoofmichael You are seriously saying to vote for Obama 2012 if you want progressive policies?!? Thats amazing! I thought all you '11TH DIMENSIONAL CHESS!!!1!' rejects went extinct! OBAMA IS A CORPORATE REPUBLICAN. You might as well vote for Michelle Bachmann , it would make no difference! shes gonna win anyway! Obama is a one term president and he fucking deserves it for betraying his base. I almost feel sorry for gullible retards like you.... Almost!... FUCK. YOU.