With his campaign seeming a bit stagnant, word is that the Edwards folks are going to return to the Two Americas appeal, and begin fighting on a forthright populist appeal. The first piece of that was released yesterday: A broad and wide set of regulations to rein in the credit industry.
Among them is a new Family and Savings Credit Commission that will "review all financial services products marketed to families, from six-figure exotic mortgages to $30 bank overdraft charges. It will ensure that terms are reasonable and fairly disclosed and oversee all types of financial institutions, whether chartered under federal or state law." It's a bit unclear to me how the commission will decide what is and isn't marketed to a "family," or what "reasonable" means, but the idea comes from the invaluable Elizabeth Warren, who spells it out in much greater detail in this month's Democracy:
