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Elizabeth Warren: The Woman Who Knew Too Much

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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-11 10:20 PM
Original message
Elizabeth Warren: The Woman Who Knew Too Much
At a time of record corporate profits, a time when 14 million Americans are out of work, when millions have lost their homes and, according to the Census Bureau, the ranks of those living in poverty has grown to one in six - that Elizabeth Warren could be publicly kneecapped and an agency devoted to protecting American consumers could come under such intense attack is, ultimately, the story about who holds power in America today.

When the CFPB was first proposed to Congress, in early 2009, the Chamber of Commerce, the leading business lobbying group in the country, announced that it would "spend whatever it takes" to defeat the agency. According to the Center for Public Integrity, from 2009 through the beginning of 2010, it would be one of the biggest spenders among the more than 850 businesses and trade groups that together paid lobbyists $1.3 billion to fight financial reform.

Although a Gallup poll in the fall of 2010 would show that 61 percent of Americans supported Dodd-Frank - which was designed to curb the risky bank activities that triggered the 2008 meltdown and the ensuing recession - the financial establishment would continue to attack it even after it became law on July 21, 2010.

http://readersupportednews.org/opinion2/277-75/7839-elizabeth-warren-the-woman-who-knew-too-much
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-11 10:34 PM
Response to Original message
1. She knew exactly how the banksters were using the numbers to destroy the middle class...
But what I don't understand is why Obama had to have Elizabeth Warren get the approval of the Banksters if she was representing consumers and not the banks...
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Doctor_J Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-11 10:38 PM
Response to Reply #1
2. Because Obama has to get approval of the banksters to take his morning dump
and everything else. They run the country, and he is their spokesperson.
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 04:59 AM
Response to Reply #2
4. The Term You Want Is "Sock Puppet"
Spokesperson implies freedom to step away from the puppetmaster....
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Tuesday Afternoon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-11 11:41 PM
Response to Original message
3. k&r
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In Other News Donating Member (108 posts) Send PM | Profile | Ignore Fri Oct-14-11 07:48 AM
Response to Original message
5. Can't you just say it? n/t
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Uncle Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 11:54 AM
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6. Kicked and recommended.
Thanks for the thread, Swede.
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