Yves Smith's Takedown of Obama on Warren is a Thing of Beauty

This is truly good writing.

She details the machinations that the Obama administration has gone through to avoid making her the head of the Consumer Financial Protection Bureau, and it ain't pretty.

Not only does it make justified critiques of the basic policies (the banksters must be protected at all cost), but it details the shortcomings in basic approach that have characterized his first two years in office.

Go read.