Memo to American Consumers: You Just Got Screwed... Again

Posted: 12/ 8/11 09:13 PM ET

The too-big-to-fail boys and their GOP handmaidens -- the Hon. Richard Shelby, the Hon. Mitch McConnell and the other 43 legislative dwarves in the U.S. Senate -- have struck again.

Today, they blocked the confirmation of Richard Cordray as Director of the Consumer Financial Protection Bureau, which is the first federal regulator with the sole purpose of protecting regular people from the likes of financial scoundrels.

Plain and simple -- just like we experienced a few months earlier with Elizabeth Warren (whose potential nomination was derailed by the same band of robber barons) -- Mr. Cordray is the newest roadkill on the conservative superhighway, and the American people have been hosed yet again. Now, you might not realize this, because you're about to witness a cable news cycle full of Republican senators prattling on as to why their vote was really about accountability and good government.