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Response to ucrdem (Reply #51)

Mon Dec 15, 2014, 04:41 AM

52. You're right, that was being too harsh on PBO.

Warren didn't run for the first time until the Clintons and Obama finally got her out of that world of administrative committees and panels. That's what bothers me the most, if anyone should understand administrative work, she should know just how tied their hands are. She even writes about how the insiders and outsiders don't get along in her book! But on the committees she acts just like an insider. It's actually astounding, given the fact that the CPFB, which she spearheaded, turned into this nutered organization which is the only bank regulator that can be overruled by other administrative regulators.

You want to know what's rich?

In her speech blasting the Senate for holding up Cordray's nomination, Warren lamented that the CFPB was the only agency that could be vetoed by outside agencies when she says, "the CFPB is the only agency in government subject to a veto by other agencies," but in her testimony of May 2011, she said of such veto power, "I understand and greatly appreciate the important role of oversight."

If you don't want your agency to be the only agency in the entire administrative conglomeration of the United States government to be able to be vetoed, then why allow it? All administrative rules are governed by the Administrative Procedure Act, which means that the courts or the congress get to decide if rules are overreaching or not. And it's why in my other post I pointed out how nutered the SEC is, because whenever it does do new financial rules, they're overturned more than any other agency, usually by Bush appointed judges.

Anyway, again, you're right about Obama, he actually followed a classical roadmap to the Presidency. State Legislature, Congressional House, Congressional Senate, Presidency. The other roadmap is generally Law, Attorney General (or other high ranking position), Governor. In a way the Governor route is easier.

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ucrdem Dec 2014 #51
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