We have qualms about Elizabeth Warren, the Harvard law professor President Obama has put in charge of setting up the Bureau of Consumer Financial Protection. The new body, which will have a half-billion-dollar budget and wide regulatory power over mortgages, credit cards and the like, was her brainchild. It emerged from Warren's zealous campaign against what she called the "tricks and traps" of the banking industry, which has made her a hero to the progressive wing of the Democratic Party. Like many such activists, however, Ms. Warren can be simplistic and hyperbolic.It seems like a cheap shot, and the fact that no member of Fred's editorial board had the guts to sign the column reinforces that impression. I have not followed everything Professor Warren has said, and pretty much anybody can be simplistic and hyperbolic at times. Even Washington Post columnists.1 But seriously, not even one "for instance"?
For that matter, if "simplistic and hyperbolic" is a big problem for you, no qualms over running this? Those problems are balanced out by its surfeit of platitudes and partisanship?
1. Arguably, "simplistic and hyperbolic" is Charles Krauthammer's preferred style of writing.