ELIZABETH WARREN UNBOUND

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When the stolen wealth is returned to the middle class it was taken from, when the foreclosures stop not because of government intervention but because we figured out that they were just plain wrong and illegal from ANY angle, when we straighten out our property title system, and when the economy is converted from mostly playing with numbers to creating value, THEN things will change. Until then, we remain on the precipice of national disaster virtually certain to occur with a time-clock running out because patience is wearing thin. The BOSS won’t wait. I mean the REAL BOSS under the preamble and 9th Amendment to the U.S. Constitution — the BOSS is a group of people who share only one characteristic — they are all citizens of this country and collectively they have the only voice that counts.

Elizabeth Warren is the the best possible person in the best possible position to corroborate everything we have been saying on this blog. Her appointment as the adviser in charge of setting up the agency to protect consumers is a smart tactical and political move, but it also does something rarely found in the Capitol — it starts working right away. This appointment will later be regarded as a historic turning point in the breaking of bondage that is controlling our country’s politics, society, economic system and prospects.

She is everything the banks don’t want. She’s a consumer advocate, but more than that she is a lawyer and more than that she is a law professor and more than that has impeccable credentials as the outspoken Chairwoman of the congressional oversight committee for the TARP funds in which she criticized the Treasury department and everyone else in the handling of the crisis, the data that was collected, and the policies that were implemented.

Her appointment means that the President has not only heard us, he has already made the decision to let her lead the way in cleaning up our corrupt economic and political system. The manner in which she has been brought into the government speaks volumes about the new President’s commitment to get to work on our financial system immediately. Maybe it seems like a long time, but it has only been 18 months since he took office. It took 35 years to create this incredible mess and it took this President only 18 months to master the details of how it was done and now what to do about it. It is ONLY through that work that the capital can be freed for small business and innovative start-ups can be possible to lead us out of our unemployment shrinking median income nightmare.

Professor Warren is going to take a lot of hits because she is not a household name — yet. Elizabeth is outspoken and she will be pounced upon by lots of folks paid to make her look bad. But she is is savvy and knowledgeable far beyond her critics, and needs no training to understand the problem. As she works toward the establishment of this new agency, we need to lend her the most support we can through good times and bad — because this is not big government intruding on our lives, it is government doing it’s job protecting its citizens from predators.

The financial sector has been unwilling to give back, lend back or otherwise part with their hoarded wealth stolen from several generations of taxpayers and homeowners. Despite obvious flaws and perhaps because of those flaws in the system, interlopers from the financial sector have been stealing homes, lives, and wealth from every economic sector of the country — from the empty coffers of state and city budgets to the national deficit and the middle class and now poverty stricken underclass whose wealth is being held hostage behind a series of curtains that have continued to keep judiciary in the dark about what was really going on.

The aristocracy of Wall Street should be very careful what they wish for. They have painted themselves into a legal and financial corner. It is about to unravel for them, but for the rest of the country, relief, although some time off, is on the way.

By the way, nothing contained in this article should be taken as any retreat from the throw the bums out article I wrote about a couple of days ago. I am not praising this President on EVERYTHING he did nor am I saying the Democrats should get too much credit for where we are. It’s true that we were on the verge of collapse as the new administration took office and now we don’t seem to be there. But the underlying fundamental inequalities and predatory nature of our culture, our society, our economy, our political system and our judiciary continue to bloom even as this debate rages on. And the polls seem to indicate that this time the people know a whole lot more about the country than nearly anyone in government, with the exception of people like Elizabeth Warren.

When the stolen wealth is returned to the middle class it was taken from, when the foreclosures stop not because of government intervention but because we figured out that they were just plain wrong and illegal from ANY angle, when we straighten out our property title system, and when the economy is converted from mostly playing with numbers to creating value, THEN things will change. Until then, we remain on precipice of national disaster virtually certain to occur with a time-clock running out because patience is wearing thin. The BOSS won’t wait. I mean the REAL BOSS under the preamble and 9th Amendment to the U.S. Constitution — the BOSS is a group of people who share only one characteristic — they are all citizens of this country and collectively they have the only voice that counts.

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