Geithner Agrees: Warren “Exceptionally Well-Qualified” to Lead Consumer Protection Bureau

By: David Dayen Friday July 16, 2010 11:45 am

I just secured a statement from Andrew Williams, Treasury’s Deputy Assistant Secretary for Public Affairs, about Timothy Geithner’s views on Elizabeth Warren. This has been a raging controversy since it was reported last night that Geithner would potentially move to block Warren’s appointment to head the Consumer Financial Protection Bureau due to friction between the two in the past.

Other Than Photographs, Lots of Objective Polling, and Public Statements by Their Leaders — There’s Absolutely No Evidence Tea Parties are Racist

By: Blue Texan Friday July 16, 2010 10:30 am

From the halls of the glibertarian right to the swamps of wingnuttia, I keep reading some lame variation of “it’s unfair to call the Teabaggers racists.”

California Democratic Party to Vote on Prop 19 Endorsement; Here’s Why to Vote Yes

By: Michael Whitney Friday July 16, 2010 9:31 am

This weekend the California Democratic Party’s executive board will decide if the party should endorse Proposition 19, the state’s ballot initiative for marijuana legalization. No matter what the party delegates voting this weekend think about the merits of the initiative, they should vote to endorse Prop 19. Here’s why.

Ass’t. Treasury Sec. Michael Barr: Elizabeth Warren “Extremely Well-Qualified” for CFPB

By: David Dayen Friday July 16, 2010 8:35 am

“I don’t know where that (report) came from,” Barr said. I asked him if he thought Warren was well-qualified for the position and if anyone at Treasury would stand in her way if she were the top choice. “I think Elizabeth is absolutely terrific,” Barr said. “She’s been working closely with me and Geithner for a year and half to push for this consumer protection bureau. I believe and Secretary Geithner believes that she’s exceptionally well-qualified to run it.”

Unlike Obama, Baucus, Democratic Party, Greenspan Wants Bush Tax Cuts to Expire

By: David Dayen Friday July 16, 2010 7:55 am

It’s a sad commentary on American politics that the only honest man left on the playing field, when it comes to the deficit, is Alan Greenspan.

TARP Kills: Political Careers in Peril from Bailouts; Americans Overwhelmingly Support Government Stimulus to Create Jobs

By: Jon Walker Friday July 16, 2010 7:02 am

We learn from this poll that people support government spending to create jobs, even if it requires ignoring the deficit in the short term. We also know from political science that increasing employment and average disposable income really helps the party in power politically.

Tim Geithner Trying to Stop Elizabeth Warren from Heading Consumer Protection Bureau

By: David Dayen Friday July 16, 2010 6:01 am

If the Treasury Department was so insistent on the creation of the Consumer Financial Protection Bureau, you’d think they’d want the most qualified person for the job running it – indeed, the person who came up with the idea. But that’s where you’d be wrong.

Early Morning Swim: Keith Olbermann Interviews Dean Baker about the Financial Reform Bill

By: Blue Texan Friday July 16, 2010 4:47 am

And what about Glass-Steagall? Oh right, that was a New Deal era reform, and therefore, useless. [/New Democrat]

Whatever, look at Al Gore’s waistline

By: Attaturk Friday July 16, 2010 1:30 am

Warmest June EVAH! Must have been those “climate-gate” emails.

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