Let’s all thank god Elizabeth Warren failed

[Bernard]

That's a silly argument jon-nyc. Autocrats use any and all rules, good or bad, to further their ends. It is no reflection whatsoever on the merits or lack thereof of Elizabeth Warren's proposal.

[jon-nyc]

I disagree completely. I think any proposal to vastly increase the power of the executive branch has to be evaluated with an understanding that roughly half the time that branch will be led by someone who doesn't remotely share your policy goals. People on both sides tend to be oblivious to that. Right now the GOP is trying really hard to increase the power of the executive without thinking what President AOC might do with that power some day (or if not her, someone similar). Democrats with such proposals would do well to imagine what a President Vance or President Don Jr* might use it for.

*I threw up in my mouth a little just typing that

[Mik]

There is a reason our Constitution limits the power of all three branches and makes it difficult to get things done without consensus.

Besides, all I need to know a bad idea is for Warren to think it’s a good one.

[Axtremus]

Extending "consumer protection" to financial products was and still is a good idea.

[jon-nyc]

Her attempt, somewhat successful, to isolate her org from democratic accountability was a horrible idea and one she tried to port elsewhere.

She’s has authoritarian instincts.

[jon-nyc]

Remember ‘she has a plan for everything’?

Zoom out just a bit. What’s the practical difference between saying ‘she has a plan for everything’ and ‘there’s nothing she doesn’t want to control’?

I would argue they are simple Russell conjugates.

[Danielfromwtf2]

She annoys me.

[Bernard]

Ok, not a silly argument, sorry. But we cannot abolish attempts at regulating corporations just because the system could be abused by bad actors. Everything in the law can, and is, abused by despotic types.

Kudos to Elizabeth Warren for at least trying to come up with a solution.

Maybe a joint federal-state sort of program would work better.

[Steve Miller]

Jon, what’s your take in the CFPB?

(God rest it’s soul.)

[pique]

Yes, let's not allow anything that might interfere with unfettered capitalism.

That POV is what got us into this mess.