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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (34312)	7/25/2010 9:58:53 AM
From: John	5 Recommendations Read Replies (2) \| Respond to of 103300

GZ wrote: "Do you want to trust them with every aspect of your life?" They do not need to run any aspect of our lives. The only function they should fulfill is maintaining the peace and protecting capitalism. Everything else the government does should be turned over to the private sector. Taxes, the government, and the salaries of elected representatives should be decimated in size. Strict term limits should be imposed. The majority of laws should be repealed. The criminal justice system should be greatly expanded to strictly enforce the few remaining laws. The use of capital punishment should be greatly increased to rid the country of undesirables who cannot manage to behave.

To: GROUND ZERO™ who wrote (34312)	7/26/2010 1:35:47 PM
From: DuckTapeSunroof	Respond to of 103300

Elizabeth Warren: Credit Blogger WSJ Blogs - Washington Wire By Mary Pilon July 26, 2010, 12:30 PM ET blogs.wsj.com Before Eliizabeth Warren was a potential nominee to run the new Bureau of Consumer Financial Protection, once wore a lesser-known hat: blogger. The Harvard Law School professor was one of the founding writers of CreditSlips, a blog that’s “a discussion on credit, finance and bankruptcy.” Her posts ended shortly after she headed to Washington in the fall of 2008 to head the Congressional Oversight Panel, monitoring TARP. Law and bankruptcy scholars, as well as lay consumer finance junkies make up the blog’s core audience, which serves as a digital water cooler for Warren and her colleagues. Here are some highlights from Warren’s blogging: –In her first post in January of 2006, Warren noted the concern over subprime borrowers’ option ARMs resetting. “Evidently they are following the Scarlet O’Hara plan to worry about that tomorrow,” she writes. Later that year, Later that year, she criticized the unregulated mortgage market. “These so-called ‘creative mortgage products’ have two powerful effects,” she wrote. “They fueled the boom, pouring more money into an overheated housing market. Now they will accelerate the bust, pushing more people out of their homes through distressed sales, thereby accelerating price collapses on the way down. In other words, a housing bust doesn’t just happen. Regulators who won’t regulate have an effect as well.” –The theme of families and finances recurs in Warren’s posts. In criticizing payday lenders who prey on members of the military and their families, Warren wrote in August 2006 that “I cannot think of an issue that affects American families that does not also connect to a credit issue. And I cannot think of a credit issue that does not affect an American family.” In December, she expressed concern over the high amount of household income that one in five families was spending on medical bills. In 2007, she said statistics about the prosperity of the American middle class from the Third Way employed a “sleight of hand.” She wrote that the notion that bankruptcy costs the average American family $400 was “pure fabrication.” The impacts of foreclosure on children were also the focus of a post. On-campus credit-card marketing came into question July 2007, a practice that would later be greatly restricted by the CARD Act. -One of Warren’s most-commented posts was her analysis of hate mail she received after writing an op-ed in the Boston Globe about incentives mortgage brokers receive. “Some of [the mail] was funny (‘your stupid’), weird (‘I thank God my son went to BU instead of Harvard’), or silly (‘you must be a Communist’),” she wrote. - In her final CreditSlips post, “Bullshit — Professionally Speaking” on Jan 7, 2009, Warren weighed in on a piece of academic contract law writing called “Bullshit Promises” that focused on misleading contract language. (The paper, of course, was a reference to Harry Frankfurt’s 2005 book, “On Bullshit.”) “I don’t get to post very often right now, but sometimes I can put on my academic robes and talk about a new piece of scholarship,” Warren wrote. “And what better thing to talk about when wearing academic robes than bullshit?”