President Obama made an end run around Congress today appointing yet another czar to head up a consumer advocate post. The Harvard professor with no business experience whatsoever, Elizabeth Warren, will head the new agency.
When you're mired in recession and high unemployment, a new government agency is just the solution to the Obama administration. Calling Warren "one of the country's fiercest advocates for the middle class," Obama said she would ensure the Consumer Financial Protection Bureau ends abusive practices.
The middle class is rapidly shrinking because of Obama's high tax policies that discourage business and investment. Obama stated today, "Never again will folks be confused or misled by pages of barely understandable fine print that you find in agreements for credit cards or mortgages or student loans."
Get that? The government is going to outsmart business. Moreover, they're going to completely change hundreds of years of contract law developed through the common law and statute. Wow. First the oceans stop rising, now the government is going to be so smart consumers will never be misled. The fact that government can't balance the books, control costs, or monitor how many agencies and employees it actually has at any given moment is irrelevant. The central planners know best and they're here to help.
Reagan once said that the most frightening words someone can hear are, "I'm from the government and I'm here to help." If you want to see what government help looks like, visit Detroit.
So the most recent czar after the "Asian Carp Czar" (that's not a joke, there really is one and his name is John Goss) will now ride to the rescue armed with red tape and law suits to save the broken down consumer from the ravages of capitalism. Hi-ho silver. The budget for the new agency will be $850 million per year!
If you're wondering how man czars Obama has appointed, the answer is 40 now I think... it's hard to keep track.
The reason for the czars is obvious: control and power. But the danger is that by appointing czars, the President is circumventing the oversight of congress. The oversight of congress is what checks the power of the executive. Czars are patently un-American and they dilute the spirit of the Constitution. Bush, Clinton, and others appointed czars too, but never have there been so many.
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