Professor Elizabeth Warren speaks about the Consumer Financial Protection Agency

Warren is in favor of a more transparent, more efficient market where citizens who use credit services can make informed choices. She also wants to cut bureaucracy, not expand it. Yes, strange for someone working with the Democrats.

How many times have we heard, "We are the government, and we are here to protect you"?

Lies, lies, lies.

To continue my comment....the federal governments intervention messed up the credit markets, and NOW Elizabeth Warren proposes a MASSIVE FEDERAL AGENCY to correct the problem?

The free markets always do better than government meddling. I challenge any one to show an example of the government performing better than the free markets.

From the very beginning: in Medieval Europe, the traders preferred to do business in towns where the local mayor dictated the size and standards of weights and measures. They felt safer having the government deciding the definition of standards.

There's an example...

Her quote: "The credit market is broken" does not address the basic problem. The flooding of the markets with TOO MUCH credit by the Federal Reserve. The Fed turned on the fire hydrant and STILL has not turned it back.

The other component of credit, risk, which usually keeps too much credit getting into the system, was mitigated by, again, Federal entities like Freddie Mac and Fannie Mae guaranteeing no credit check, no documents required mortgages.

I want Elizabeth Warren to be my mom

This is one of the most intelligent remarks made. The effect of what the credit industry is doing is a symptom not the root of the problem. There are bigger things at play. This is like a shell game and we're all focused on which shell to pick while a thief picks our pockets from behind.

The states can't do this because the US Supreme Court allows the big banks to import the laws from states they prefer into your state. Why do you think so many banks are incorporated in South Dakota and Delaware?

stfu

How about those 1000 page bills? Try & work on those instead why dont'cha!