This story heralds great news for US citizens (notice I didn't say "consumers") who have been pushed around and generally abused by the credit industry for far too long.
To say Elizabeth Warren is wicked smart doesn't begin to describe it. She excels at plain speaking. She translates gobbledygook into simple, easy-to-understand statements. She is the right person for this job.
When he interviewed her on The Daily Show, Jon Stewart famously said, "I know your husband's back stage, but I still wanna make out with you."
She has this effect on people. She speaks so confidently and so logically that it's nearly impossible not to be drawn to her intellect, her reason, but most importantly, her reasonableness.
Doris Kerns-Goodwin has a similar effect on me. Whenever she appears on a program, I listen intently and always come away wiser for the time spent. These women each understand their respective fields and can express this plainly, without hesitation.
The financial industry is not happy about Warren's appointment, and with it, having their way with all of us just might become a bit tougher for all of them.
We can only hope.
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