Waters v. Maloney

Fascinating stuff.  I'll just link to it.

Maloney 

I can tell you that from the point of view of an understanding of essential financial realities, Carolyn Maloney is vastly to be preferred to Maxine Waters.

 Indeed, I'm personally delighted that some of the interest groups pressing for more regulation of the financial world (such as New York's Working Families Party) have blasted Maloney for "siding with  Wall Street lobbyists and Tea Party conservatives by co-sponsoring a bill that undermines transparency.”

Transparency sounds like a good thing, but enforced transparency, like the enforced version of anything else, has its own costs. It is well that Maloney understands that, and certain that Waters does not.