nhboy
11-13-2011, 10:09 AM
Link to original article. (http://www.esquire.com/blogs/politics/david-petraeus-wife-6557098)
"It is now a matter of profound oath-taking among your Republican presidential candidates that the Dodd-Frank financial reform bill must be repealed, torn up and, burned, the ashes scattered to the four winds because of the jobs that it kills (Michele Bachmann), the merciless crushing of "small banks" (Newt Gingrich), and the terrible "uncertainty" it brings to the delicate flowers of the financial-services industry (Herman Cain).
Cynical people — not me, surely — might suggest that the rabid opposition to a reform bill that even its proponents agree was a half-a-loaf measure, at best, suggests that the conservative Republicans prefer things the way they were in the deregulated days of the early 21st century because a lot of their close personal donors... er... friends made out like bandits, in every sense of the word.
One of Dodd-Frank's most significant achievements was the establishment of the Consumer Financial Protection Bureau — aka The Department of Elizabeth Warren. (Warren, alas, was not selected for a job she practically invented, but that's neither here nor there right now.)
One office in the CFPB is the Office of Servicemember Affairs, which is dedicated to keeping veterans from being bilked in a hundred different ways, from loan-sharking, to predatory lending practices, to for-profit "college" scams. (Anyone who's ever been around an Army post knows that the general vicinity looks like the Payday Loan Fairy came down and blessed about a 20-mile radius.)
The head of this particular office in the CFPB — and someone who, by all accounts, is doing a good job of work there — is Holly Petraeus, the wife of General David Petraeus, now the head of the CIA, and the subject of deeply erotic ongoing reveries on the part of most conservative pundits, male and female."
"It is now a matter of profound oath-taking among your Republican presidential candidates that the Dodd-Frank financial reform bill must be repealed, torn up and, burned, the ashes scattered to the four winds because of the jobs that it kills (Michele Bachmann), the merciless crushing of "small banks" (Newt Gingrich), and the terrible "uncertainty" it brings to the delicate flowers of the financial-services industry (Herman Cain).
Cynical people — not me, surely — might suggest that the rabid opposition to a reform bill that even its proponents agree was a half-a-loaf measure, at best, suggests that the conservative Republicans prefer things the way they were in the deregulated days of the early 21st century because a lot of their close personal donors... er... friends made out like bandits, in every sense of the word.
One of Dodd-Frank's most significant achievements was the establishment of the Consumer Financial Protection Bureau — aka The Department of Elizabeth Warren. (Warren, alas, was not selected for a job she practically invented, but that's neither here nor there right now.)
One office in the CFPB is the Office of Servicemember Affairs, which is dedicated to keeping veterans from being bilked in a hundred different ways, from loan-sharking, to predatory lending practices, to for-profit "college" scams. (Anyone who's ever been around an Army post knows that the general vicinity looks like the Payday Loan Fairy came down and blessed about a 20-mile radius.)
The head of this particular office in the CFPB — and someone who, by all accounts, is doing a good job of work there — is Holly Petraeus, the wife of General David Petraeus, now the head of the CIA, and the subject of deeply erotic ongoing reveries on the part of most conservative pundits, male and female."