Positivity Did Not Last Long: I direct your attention to this important article by Simon Johnson, British American economist. He currently is the Ronald A. Kurtz Professor of Entrepreneurship at the Sloan School of Management at MIT. He is, as I see it, EXACTLY correct about appointing the well qualified Elizabeth Warren to head the Financial Protection Bureau. I LOVE Elizabeth Warren and I loath Treasury Secretary Timothy Pay No Taxes Arm of Wall Street and Goldman Sachs Geithner. Warren SHOULD get the job hands down. Obama will lose his base at least the part of his base who understands how important this job is and how wonderful she would be for it. She has the American people's back when few in Treasury do.
I agree with Simon Johnson in his article "Treasury Makes a Mistake ...". He says it exactly as I would except that while he says this would be the straw that broke the camel's back, my camel's back was broken by the leak. Not choosing Warren would simply add to the spinal fracture. Read this article if you have time. It is not long and it is exactly correct. If you care about our country's economic security and YOUR economic security may I suggest sending an email to the White House in support of Elizabeth Warren as head of the Financial Protection Bureau? Its link is: http://www.whitehouse.gov/. Then hit the "Contact" drop down.
Simon Johnson's article below is well worth reading!