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robdogbucky Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-12-10 02:00 PM
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A journalist recommends Elizabeth Warren
Edited on Sun Sep-12-10 02:42 PM by robdogbucky

http://www.huffingtonpost.com/huff-tv/arianna-george-will-bank-lending_b_713718.html

"...During the discussion, Arianna and Will sparred over bank lending and Wall Street reform. "Somebody I was talking to over the week -- people in business, venture capital --- were asking 'Why doesn't the government do more to force banks to lend, to do more to make it easier for people to actually go out there and show some kind of consumer activity,'" host Christiane Amanpour said.

"Well maybe if the government did less, period, people would me more inclined to lend money," Will replied. "The banks aren't hoarding the money because they're in a pout. They're not hoarding the money because they're mad at somebody. They're hoarding money because they can't find lenders who think they can borrow it and make money..."

In the Green Room, following the roundtable, the panel was asked whether Obama's push on the economy this past week accomplished anything.

"Well, he changed the rhetoric," Arianna replied. "But he needs to do a few things that go beyond the rhetoric. I think nominating Elizabeth Warren to run the Consumer Protection Bureau would be something that would show the middle class, who he talked a lot about this week, that he really means it, that he's willing to put a champion for the middle class in a place of power. He can't do anything much in Congress, so he might as well do some things that are in his control."



Such a terribly Republican thing to say.




Just my dos centavos


robdogbucky
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