Photo: Graur Codrin (click photo to link)

Monday, May 09, 2011

I Want Elizabeth Warren!!

An open letter to my representatives in Congress:

I want Elizabeth Warren appointed as the director of the Consumer Financial Protection Bureau, and the bureau fully funded and functioning as an independent agency.

As the mother of an adult child who became another statistic in the mortgage meltdown after she suffered a medical crisis that gutted any financial reserves she and her husband had, I am tired of being polite about the devastation that young middle class families are facing here in Michigan and elsewhere.

I don't ever want to see this happen again, and I trust Elizabeth Warren to lead an agency that will protect the public, and hold financial institutions accountable for their dealings.

In the past I wrote to you, asking that you reach out to young people in Michigan with help and guidance, as they struggled with job losses compounded by mortgage problems. Your staff responded with sympathy and rhetoric, but very little in the way of help. I voted for you, so my last hope is that you'll stand up now by empowering Elizabeth Warren to head an agency that can prevent this from happening in the future.

I have come to terms with the inevitability of my daughter and her husband facing foreclosure and bankruptcy, with three children under the age of five.

Now I ask you, my elected representatives, to take action and acknowledge the pain that families have had to face, although they did little to cause the financial crisis.

Please do the right thing by supporting the funding of the independent Consumer Financial Protection Bureau, and Elizabeth Warren's appointment as its head.

No comments: