Elizabeth Warren's olive branch to Big Business

[cal04]

http://money.cnn.com/2011/03/29/news/economy/warren_chamber/

Elizabeth Warren will extend an olive branch Wednesday to the group that has been her arch-nemesis in creating a new consumer financial protection bureau.

Speaking before a U.S. Chamber of Commerce conference in Washington, Warren will talk mostly about a point common ground shared with the chamber - seeing competitive markets flourish.

"I know this won't come as a shock to you, but the Chamber and I have not always seen eye-to-eye on issues," Warren said in prepared remarks released to the news media. "But I do not consider myself in hostile territory right now because I believe we share a point of principle: competitive markets are good for consumers and for businesses."

Warren, a Harvard University professor and outspoken consumer advocate, is working as an adviser at the Treasury Department to set up the new Consumer Financial Protection Bureau. The new independent agency is in charge of regulating financial products such as mortgages and credit cards on behalf of consumers.



Consumer advocate Warren in the 'lion's den'

A top Treasury apponitee charged with setting up a controversial consumer-protection agency on Wednesday told a group opposed to her effort gathered at the U.S. Chamber of Commerce that they have common ground because they both believe in competition. "I know that you believe in it passionately. So do I. If you didn't believe in competition, you wouldn't have asked me here. If I didn't believe in it, I wouldn't have come," Warren said in remarks prepared for a conference at the chamber. Warren is charged with setting up the Consumer Financial Protection Bureau, which will write rules for mortgages and other consumer credit products. The U.S. Chamber fought vigorously through advertising and other campaigns to try and block the bureau from being created.


http://www.marketwatch.com/story/consumer-advocate-warren-in-the-lions-den-2011-03-30

[lonestarnot]

1. I hope she has body soap with bleach.

[HillbillyBob]

2. Its only controversial because the pukes say it is

Frankly I think she needs a big stick not an olive branch, lets beat those sobs into the ground like they have done to us.

[eppur_se_muova]

6. and duly reported as such by M$M. nt

[aSpeckofDust]

3. In before the Administration forces her to give away the farm... n/t

[90-percent]

4. NOSTALGIA

BUST THE TRUSTS, Eilzabeth!

She is a beacon of hope for those of us stuck in the bottom 98% of the American Economy.

ABOLISH CORPORATE PERSONHOOD!

-90% Jimmy

[spanone]

5. as long as she doesn't touch their profits, they will like her

[DCKit]

7. If Liz could explain it in terms of biology...

she might say "The successful parasite doesn't kill it's host... at least, not all at once."

[Blue_Tires]

8. olive branch? i'd much rather want to see her swing a spiked bat or something...

All progressives need to get out of the goddamned "olive branch" mindset, because I've never seen conservatives offer olive branches on anything as long as i've been following politics...