And Warren is sure one powerful woman now, huh?
I listened to Obama's introduction of her and the plans for this agency and I (quite literally) felt SICK, really sick.
"Every American has to get a fair shake," says Mr. Obama. There is NOTHING said about how many Americans got shakes that weren't fair to us or them when they got home loans they DID NOT MERIT which were propagated by Chris Dodd, one of the big backers of this agency. It seems that those loans are what Ms Warren, Obama's college friend, will be 'protecting.' These are the same people finding themselves out of a home now because the leftwing bleeding hearts sold them a bill of goods..and a house. .BUT, Obama's on the way to putting them back in their homes because THEY DESERVE THEM.............maybe they didn't earn them but they are IN them and that's good enough for him.
"Unscrupulous mortgage lenders!", he calls most in that industry. It's not ANY HOMEOWNER's FAULT, it's the LENDERS' FAULTS!?? REALLY? WOW. Does Obama REALLY think you can't know what your budget is and that you don't know how high a mortgage payment you can afford, so he has to save you? What is he, your GODFATHER? This is unbelievable.Elizabeth Warren, 'consumer advocate' will save you. God help America.