Ian Katz, from Bloomberg News, writes (today):
"Warren’s criticism of firms including Citigroup Inc. and American International Group Inc. led business groups and Republican lawmakers [my italics] to question whether the law professor, who has never run a government agency or large company, could be an unbiased leader of the consumer bureau."
I see: to criticize two firms universally acknowledged (even by Republicans) as principal causes of the recent financial meltdown means that one can not be unbiased about protecting consumers. Let me clarify: If I criticize Jeffrey Dahmer, noted cannibal and murderer, that suggests I may be unbiased in protecting us from people like him.
Now I get it.
Tuesday, September 21, 2010
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