No Difference between the "Helpless" and the "Clueless"

Scary Lady!

Elizabeth Warren
"Special Adviser"  to the Secretary of Treasury, Timmy Geithner, on the Consumer Financial Protection Bureau, testifies during a hearing on Capitol Hill on May 24, 2011.

Who's making things up, really?

A House panel grilled Elizabeth Warren, the interim director of the new Consumer Financial Protection Bureau (CFPB), this week. Republicans on the committee want to strip the agency of its power before it even begins on July 21. The agency's purpose is to oversee rules regulating loans, credit cards and mortgages for consumers.  A bureau with a $600 million start-up budget, some banking industry groups say the new bureau will have too much unchecked authority over banks, credit card companies and mortgage service providers. 

Warren has a "Holier than thou" attitude about perceived self importance. We have too many failing Democrats running amok with taxpayers money to approve her for any governmental position. According to her arrogant high and mighty professorial, lofty "Haarvaard" collegiate opinion, the United States cannot stabilize this economy without HER Consumer Financial Protection agency starting right now to get up and running before she is even approved by congress. 

While Warren is regarded as a popular choice among liberal groups to become the bureau's first director, she has attracted the ire of many Republican Senators. Also, with reports that the Democratic Party is trying to recruit her to run for a Massachusetts senate seat against Sen. Scott Brown, R-Mass., she has become even more polarizing. 

In an interview with Diane Sawyer, ABC News, Elizabeth said she already signed up for her lease on a Washington apartment and is here on the behalf of middle-income families to rescue them from their own stupid ignorance when applying for credit cards. Elizabeth said tearfully, "The consumer is getting tricked and sucked into horrible credit card debt by dishonest bankers."  Please, there is no difference between the "helpless" and the "clueless". The problem today is that our schools are breeding both of these people who cannot read, write or even do math.  Why are they given any credit if they don't understand terms or have no money?

The answer is very simple Elizabeth, cut off all bad credit card debt by issuing to high FICO scores only, middle class families under water need not apply.  After all, too many are drowning because of the Federal Government's liberal fiscal monetary policies with bank credit cards and Freddie Mac and Fannie Mae controlling currently 90% of the home loans.

The Committee on Oversight and Government Reform invited Warren and four other witnesses to a hearing. Rep. Patrick McHenry, R-N.C., the chairman of the subcommittee, accused Warren, a Harvard professor currently on leave from the university, of lying to Congress about her role in helping state officials negotiate a settlement with mortgage servicers that improperly foreclosed on homeowners.  After that rift, McHenry got into a dispute with Warren over when she could leave the hearing.  Then Warren said her staff made an agreement with the committee's staff that she could leave at 2:15 p.m. to attend another meeting. McHenry said, "You're making this up, Ms. Warren. This is not the case."