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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDNC Chair Debbie Wasserman Schultz joins hands with GOP in assault on Elizabeth Warren’s consumer pr
DNC Chair Debbie Wasserman Schultz joins hands with GOP in assault on Elizabeth Warrens consumer protection agencyDNC Chair Debbie Wasserman Schultz, a close ally of Hillary Clinton, is trying to gut regulations on loan sharks
Debbie Wasserman Schultz, the chair of the Democratic National Committee, has joined the Republican assault on the Consumer Financial Protection Bureau.
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Not if the DNC can stop it, however. For Wasserman Schultz has thrown her weight behind the Republican effort to sabotage the bureaus proposed regulations of the out-of-control predatory lending.
The DNC executive is co-sponsoring a new bill that would effectively gut the CFPBs forthcoming payday loan regulations, the Huffington Post reports.
Can we rename her Debbie Wasserman-republican and get her thrown the heck out so we can elect some progressives? as it is she undercuts progressives in her own state and supports either republicans or DINOs. But I am sure everyone knows this about her now.
why is she heading the DNC or sor we call it the RNC part II? Why is she there at all, if we won a few election I would see it, but everything has gone to pot under her lack of leadership.
NowSam
(1,252 posts)We needed her. Her sitting out on the sidelines doesn't fit with what she has been espousing for the past few years. So is she angling to be Clinton's VP? At this point it wouldn't make me choose HC anyway. I no longer believe in Warren or that she really cares about the values she spouts about.
earthshine
(1,642 posts)Eventually, she would get mowed down just like the DLC is doing to Bernie.
And when this election is over, and the left wing of the party has been completely squashed, there will be no one left to fight for us.
She would lose the clout she has. I personally think it was very wise of her to not endorse anyone.
I am a devout Bernie supporter. I'm sure Spock (my boyhood hero) would be to. It is not logical to allow big-money interests into a representative democracy.
zazen
(2,978 posts)That gang is Nixonian.
I've said before, Trump V Hillary is Mussolini v Nixon. A sickening choice.
earthshine
(1,642 posts)Obama is the leader of the Democratic party. This is a man who successfully nominated a Republican for head of the FDA, and wanted to nominate one for SCOTUS.
She's the darling of the third-way DLC. She raises money and bring the party to the right. They love her.
A vote for Hillary is a vote for DWS.
Let's all have a nice hot cup of TPP, and drink to the wisdom of our overlords.
99th_Monkey
(19,326 posts)Holy Crap.
In one day we learn this ^ plus that the Billionaire Class has given more money to Hillary
than to ALL other candidates DEM AND GOP COMBINED.
My friends, we are being played big-time by the bought-and-paid-for DC Establishment..
hollysmom
(5,946 posts)
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The major banks funding payday lending include Wells Fargo, Bank of America, US Bank, JP Morgan Bank, and National City (PNC Financial Services Group).
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Wells Fargo is a major financier of payday lending and is involved with financing companies that operate one third (32%) of the entire payday lending industry, based on store locations.
All of these above mentioned banks received TARP bailout funds in 2008-09 and have benefited from accessing capital at exceptionally low interest rates from the Federal Reserve.
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stranger81
(2,345 posts)of acceptable Democratic political discourse to a narrow range of social wedge issues. On economic issues, the Democratic Party seems determined to render itself indistinguishable from the GOP.