Cordray choice for financial watchdog...

Cordray choice for financial watchdog | The Columbus Dispatch

There are 81 comments on the Columbus Dispatch story from Jul 18, 2011, titled Cordray choice for financial watchdog | The Columbus Dispatch. In it, Columbus Dispatch reports that:

President Barack Obama will nominate former Ohio Attorney General Richard Cordray to head a powerful new consumer-protection agency.

Join the discussion below, or Read more at Columbus Dispatch.

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OMG

Powell, OH

#1 Jul 18, 2011
Hooray! Consumer protection is sorely needed and if people think the economy will ever be healthy when businesses and financial institutions are allowed to lie to, cheat, and hose consumers they are wrong. Cordray is effective and fair and did a great job for Ohio. Best news in months!
X GOP

Chillicothe, OH

#2 Jul 18, 2011
You are now seeing a picture of the next Governor of OHIO. In less then 2 and 1/2 years Rich Cordray will be unseating the IDIOT Kasuck.
Black Lion

Norwich, OH

#3 Jul 18, 2011
Nothing against Cordray any more than any other liberal, but do we really need a new federal bureaucracy right now.....we are broke.
TICON

Westerville, OH

#6 Jul 18, 2011
This is another progressive or we should say regressive concept under the capstone of social communism. We need to eliminate half the federal bureaucracy. An Oxford or Rhodes experience automatically equates to do not hire, appoint, or elect. Karl Marx roamed those libraries in his attempt to write manifestos to put civilization in the ghetto.
Burgermeister

United States

#7 Jul 18, 2011
So, what has DeWine been doing about the banks since he took over Cordray's job?
mandrew

Columbus, OH

#8 Jul 18, 2011
This is so typical Obama. Cordray is more even radical and this appointment continues the administration's message that they are anti business in an economic time where business is the ONLY way that our economy can be saved.
Ugh

Khon Kaen, Thailand

#9 Jul 18, 2011
Good position for a budget cut! C'mon Bama-orama!
Edit

Columbus, OH

#10 Jul 18, 2011
mandrew wrote:
This is so typical Obama. Cordray is more even radical and this appointment continues the administration's message that they are anti business in an economic time where business is the ONLY way that our economy can be saved.
I've always thought of Cordray as a moderate. Can you give some examples of him being radical?

I also don't see this a anti-business at all. The Consumer Protection Bureau is designed to enforce the existing rules. If they can ensure that all businesses are competing fairly, that's good for businesses that are following the rules, good for consumers, and good for the economy.
Joe Hill

West Chester, OH

#11 Jul 18, 2011
Seriously, you all want to stand up for the banks?

The industry that drove the economy off a cliff and then demanded a huge cash payment from taxpayers?

I hope Cordroy is able to carry out some of the simple reality-based reforms that Warren has proposed.

Say yes Portman.
Heidelberger

Columbus, OH

#12 Jul 18, 2011
I find the most impressive part of Cordray's resume is that he was a 5 time Jeopardy champion in 1987.
Tom Sawyer

Reynoldsburg, OH

#14 Jul 18, 2011
Doesn't this guy quit every position he's elected to or appointed? Has he EVER finished out a term in office?
DCBuckeye

Brandywine, MD

#15 Jul 18, 2011
Cordray is a career political hack who is far more hype than substance (a la Hillary), and who is addicted to suckling at the government teet. I'm hoping he will not be confirmed and he'll finally have to spend some time in the private sector for a refreshing change.
Judy

Mogadore, OH

#16 Jul 18, 2011
Edit wrote:
<quoted text>
I've always thought of Cordray as a moderate. Can you give some examples of him being radical?
I also don't see this a anti-business at all. The Consumer Protection Bureau is designed to enforce the existing rules. If they can ensure that all businesses are competing fairly, that's good for businesses that are following the rules, good for consumers, and good for the economy.
He's a Democrat what else do you need to know about him? Like the REV. Jessie Jackson says "can a zebra change it's spots" ?
Judy

Mogadore, OH

#17 Jul 18, 2011
Joe Hill wrote:
Seriously, you all want to stand up for the banks?
The industry that drove the economy off a cliff and then demanded a huge cash payment from taxpayers?
I hope Cordroy is able to carry out some of the simple reality-based reforms that Warren has proposed.
Say yes Portman.
Barney Frank,Nancy Peloci and Bill Clinton drove the ecomomy over the cliff by forcing banks to loan money for houses to people who didn.t even have a social security number or job.
Edit

Columbus, OH

#18 Jul 18, 2011
Tom Sawyer wrote:
Doesn't this guy quit every position he's elected to or appointed? Has he EVER finished out a term in office?
I don't recall Cordray being appointed to anything and, of course he finishes terms of office. Most recently he finished his term as Ohio Attorney General, though his reelection bid failed. I think he also finished terms as State Rep and Franklin County Treasurer.
goldengirl

Delaware, OH

#19 Jul 18, 2011
I think Rich Cordray is an excellent choice for this position. However, my question is, Do we really need another governmental agency to watch over us? People need to be responsible for their own lives not some far away political person in DC.
People need to live within their means, not over-extend themselves. People need to stop listening to TV commercials telling them that they need something because your neighbor has it, or they need the newest gadget, etc. Remember, our grandparents (the Greatest Generation) made do with less and they were able to live a comfortable life.
Edit

Columbus, OH

#20 Jul 18, 2011
DCBuckeye wrote:
Cordray is a career political hack who is far more hype than substance (a la Hillary), and who is addicted to suckling at the government teet. I'm hoping he will not be confirmed and he'll finally have to spend some time in the private sector for a refreshing change.
Cordray spent time in the private sector and did quite well for himself. He could be making a lot more money in the private sector now if he wanted. I think it's a sign of his dedication to public service that, instead, he's anxious to keep working for consumers at this new agency.
Edit

Columbus, OH

#21 Jul 18, 2011
Judy wrote:
<quoted text>He's a Democrat what else do you need to know about him? Like the REV. Jessie Jackson says "can a zebra change it's spots" ?
So just being a Democrat makes him a "radical"? Doesn't the term "radical" require being outside the mainstream? Given that there are more registered Democrats in this country than members of any other political party, maybe everybody else is the radical.(Or maybe we ought not call people names without being prepared to back them up with examples and evidence.)
Bullpucky

Powell, OH

#22 Jul 18, 2011
Burgermeister wrote:
So, what has DeWine been doing about the banks since he took over Cordray's job?
Uhh...nothing. He's too busy closing more businesses - than worrying about "real" lawbreakers.
Posse Comitatus

Columbus, OH

#23 Jul 18, 2011
He will likely skip Governorship and proceed directly to Vice President.

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