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Loan Modification

: Mortgage Lender Implode-o-Meter

Ron Paul: Elizabeth Warren Appointment is Outrageous

By Implode-Explode Heavy Industries

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"?Outrageously, she has been appointed as a ?special advisor? to design and lead the bureau, but the administration has not disclosed the exact length of her term. There will be no Senate confirmation hearings, nor will the public or the financial industry be allowed to comment on her appointment. We simply are expected to accept the appointment of an enormously powerful regulator without question, and without regard to the constitutional requirement that the Senate advise and consent with regard to her appointment. This means you, as a voter and citizen, effectively have no say whatsoever for the duration of her appointment. In the meantime, she has unprecedented new powers over private business decisions."

Full post as published by Mortgage Lender Implode-o-Meter on September 18, 2010 (boomark / email).

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