I will believe it when I see it. But it's a start.
Elizabeth Warren — whose criticisms of big banks powered her decade-long political ascent from law professor and consumer advocate to top-tier White House contender — on Thursday unveiled her plan to take on Wall Street as president.
Elizabeth Warren — whose criticisms of big banks powered her decade-long political ascent from law professor and consumer advocate to top-tier White House contender — on Thursday unveiled her plan to take on Wall Street as president.
"The truth is that Washington has it backwards. For a long time now, Wall Street’s success hasn’t helped the broader economy — it’s come at the expense of the rest of the economy. Wall Street is looting the economy and Washington is helping them do it,” Warren wrote in a blog post of her plan, which marks the latest plank in the candidate's platform of “economic patriotism.”
Politico
For a long time now, Wall Street’s success hasn’t helped the broader economy — it’s come at the expense of the rest of the economy. Wall Street is looting the economy and Washington is helping them do it,” Elizabeth Warren
ReplyDeleteGovernment privileges for banks are a corrupt attempt to fix a corrupt problem - needlessly expensive, difficult to create fiat, e.g. the Gold Standard.
Now that fiat is, as it should be, INEXPENSIVE and easy to create, what excuse is there to continue those privileges? Especially since the so-called "credit worthy" are no longer net job creators but net job DESTROYERS?