Hope for New Year
December 27, 2010 | Elizabeth Warren | Comments (0)For this Washington Post economics writer it comes down to Elizabeth Warren:
My only hope for real change is the consumer-protection operation, run by Harvard bankruptcy professor Elizabeth Warren. I’ve stayed away from that topic because so much has been written about it, and I think so highly of Warren, whom I’ve known for many years, that I’m not sure I can summon up the requisite skepticism about her operation.
If she can, in fact, create and require institutions to use a brief, readable-type disclosure statement that a high school graduate can understand in 15 minutes, she’ll be doing God’s work. She’ll also be doing Mammon’s, because we ultimately won’t have capitalism in this country if we don’t have fairness.
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