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Saturday, September 18, 2010

Elizabeth Warren on the Consumer Protection Agency

Elizabeth Warren presents here views on the Consumer Protection Agency and why we need it.  Obviously we don't need another government organization hampering the markets, but as she points out there are already 7 which have been pretty useless.  If the new agency is replacing these 7 and can work on a smaller budget this would be seen as a benefit as it brings in spending.  It is desired that this agency could actually be more productive than current 7,  in an environment (Republican or Democrat) that seems to hamper real progress for America as a whole.  She raises some valid points defending government in other areas and the need for it certain agencies.   Overall we need to reduce government spending and find ways to do things smarter, if we are going to be a productive producing and services economy.

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