Obama adviser tells Congress she has more important things to do

Via Hot Air:

White House adviser Elizabeth Warren, in a heated House hearing Tuesday, touted the new Consumer Financial Protection Bureau as a vital new financial-markets cop while Republican lawmakers slammed the agency as a powerful financial regulator with too few checks and balances.

The Harvard professor also rejected one House Republican’s accusation that she gave

misleading testimony to Congress in March and was lying about her schedule...

Mr. McHenry and Ms. Warren also got into a spat over how long the hearing should run. Ms. Warren said the committee had agreed to end the 1:15 p.m. hearing at 2:15 p.m. so she could make it to a meeting.

The lawmaker accused her of making up the agreement.

“You might want to have a conversation with your staff,” Ms. Warren replied.

Ed Morrissey reacts to this imperious jerk:

I’m sorry Ms. Warren feels inconvenienced, but perhaps she might want to take a civics course to understand the separation of powers and checks and balances in the federal system. Congress gets to hold hearings on operations in the executive branch, and they’re not required to put a time limit on their inquiries, especially a one-hour limit that barely gets by the opening remarks in most committee hearings. If Warren doesn’t like being held accountable to the legislature and to the people, well … she’s in the right administration, apparently.

Indeed. I’d like Ms. Warren to explain how she, a Harvard lawyer with no private sector experience, who has never created a dime of wealth and doesn’t know a balance sheet from a bed sheet is somehow qualified to direct the consumer finances of 310 million people.

Actually, no one is qualified to do that without disastrous consequences, as anyone with a basic understanding of market economics and history will tell you. Central planning only works for the planners until it doesn't. Then they tell you that you must give up more of your liberty to fix the problems the planners created

Warren does travel in the right political circles and clearly that’s all that matters to the Obamunists:

In July 2010, Warren spoke at an East Hampton, New York event on the topic of “Restoring the Integrity of the U.S. Financial Markets.” Fellow panelists included George Soros and Van Jones. That same month, Warren spoke at a Netroots Nation conference on the topic of “Building a Progressive Economic Vision.”