Elizabeth Palmberg is the daughter of one science fiction fan and one Presbyterian elder who is federally licensed to dispense medicinal marijuana (although she would like to point out that he, a glaucoma specialist, only prescribes it in the less than .1% of cases in which it works better than eyedrops). She grew up in St. Louis, MO and Miami, FL, with an older and younger sister, both of whom have waist-length hair.
Her long history of meddling with other people's writing began in her first weeks of college; she escalated from editing the papers of hapless friends to editing (as a tutor) the papers of people she didn't even know. Eventually, she went on to doctoral work in English at Cornell University, where the unsuspecting administration allowed her to teach a first-year writing seminar on "Scary Stories of the Nineteenth Century." While at Cornell, she dwelt in Flapdragon House, whose denizens enticed her into the shadowy underworld that is Lindy Hop. After seven years of "gradual school," she gained three letters to add to her name, and went off to teach for a year each at Kenyon College and Scripps College.
Although Victorian British literature is interesting, it turns out that social justice (particularly relating to economic globalization) is even more interesting. Ways in which people imagine economics kept winding their way into all her courses, including "Love Stories of the Nineteenth Century" and "The Clichés From Space: Gender and Science Fiction." In 2002, the Lord smote her upside of the head and instructed her to go seek a career working for a progressive Christian nonprofit.
She's found a home at Sojourners, first as an intern ("editorial assistant"), and now as an assistant editor. She's enthusiastic about (in descending order) Jesus, Sojourners' switch to monthly publication, and bittersweet chocolate.
Elizabeth Palmberg died peacefully in her sleep at her home in Washington, D.C., on the morning of June 23, 2014. Per her wishes, memorial donations in her name may be made to any of the following: Christ House (1717 Columbia Rd NW, Washington, DC 20009); St. Stephen and the Incarnation Episcopal Church (1525 Newton Street NW, Washington, DC 20010); Sojourners Internship Program (PO Box 70730, Washington, DC 20024-0730) .
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Make or Break Time
Back in the Clinton era, Congress and regulators shredded many of the ground rules that had been keeping our financial system working safely since the Great Depression. The people making the big money (and creating the toxic assets) set themselves and their cronies up as the "experts" and told the rest of us not to worry our pretty little heads about it.
The crash of 2008 made it painfully clear it was time to stop letting Wall Street make up the rules. Last June, Congress passed, and President Obama signed into law, the Dodd-Frank Wall Street Reform and Consumer Protection Act. In addition to creating the much-needed Consumer Financial Protection Bureau, the act contains reforms that can head off future crashes. But, to put that law into action, various agencies have to write ground-level regulations and definitions.
How these rules get written can make Dodd-Frank either an effective, strong law or—if Wall Street’s swarm of lobbyists gets its way—a washed-out shell. "The number of people that have come in requesting to be exempt from the law, or to have the law delayed, has literally shocked me," a Commodity Futures Trading Commission official told Bloomberg News.
If the love of money is the root of all evil, let's just say the devil is trying to get into the details.
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Welcome, Elizabeth Warren!
It's a great thing that Elizabeth Warren has just been appointed an advisor to the newly-created Consumer Financial Protection Bureau, which will help protect consumers from incomprehensible and pr