Dodd, Greenspan & Crisis...Oh My

After months of going after President Obama's proposal to create an independent consumer agency to protect borrowers from abusive lenders, the nation's top big-bank regulator has reversed course. Robert M. Garsson with the Office of the Comptroller of the Currency, now supports an independent consumer agency -- finding itself on the other side of the issue from an industry it polices and powerful lawmakers it answers to, who want to kill the proposed agency. Now Americans are keeping their eye on Congress - particularly Senate Banking Committee chairman Chris Dodd - who has the power to create an independent agency, but so far has instead proposed creating a weak agency under the arm of the Fed, the agency that, under Greenspan, helped create the banking crisis.

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Kai Wen's picture
Kai Wen 10 years 24 weeks ago
#1

You know, I get so upset by this. This whole thing about refusing to let corpses fly on airplanes is simply discrimination against people who are metabolically challenged.

A Hard-right Supreme Court Nominee Could Completely Alter Life As We Know It

Thom plus logo Ruth Bader Ginsburg has died, and while everybody is focusing on abortion, the Supreme Court, if it falls into hard-core conservative hands, could do massive damage to the entire spectrum of life in America.
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to understand how to respond when they’re talking about public issues with coworkers, neighbors, and friends. This book explores some of the key perspectives behind his approach, teaching us not just how to find the facts, but to talk about what they mean in a way that people will hear."
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