Elizabeth Warren To Wall Street: Drop Dead
The too-big-to-fail banks think they're going to teach Professor Elizabeth Warren and the rest of her progressive rebel scum a lesson about saying mean things about them. As we just learned, the
heads of the five families dick-swingers from Citigroup, JPMorgan, Goldman Sachs, and Bank of America have been talking amongst themselves about how to get Warren to pipe down with all her talk about how corrupt they are and how they caused the financial crisis in 2008 that almost broke the country. Their bright ideas include withholding $15,000 per bank in "campaign donations to Senate Democrats in symbolic protest," or possibly leaving a horse's head in Sen. Warren's bed.
Like a typical liberal, Sen. Warren has responded with a blog post:
In 2008, the financial sector collapsed and nearly brought down our whole economy. What were the ingredients behind that crash? Recklessness on Wall Street and a willingness in Washington to play along with whatever the big banks wanted.
Years have passed since the crisis and the bailout, but the big banks still swagger around town. And when Citigroup and the others don’t quite get their way or Washington doesn’t feel quite cozy enough, they quickly move to loud, public threats. Their latest move is a stunner.
Warren then says that because the banks have now made it clear to her that they do NOT appreciate her tough talk, she will cease and desist immediately. Ha, just kidding!
the biggest banks on Wall Street have made it clear that they expect a return on their investment in Washington. Forget making the markets safer (where they can still make plenty of money) and forget the $700 billion taxpayer bailout that saved them and forget the need to build a strong economy for all Americans. Forget it all. The big banks want a Washington that works only for them and that puts their interests first – and they would like to get a little public fanny-kissing for their money too.
Well forget it. They can threaten or bully or say whatever they want, but we aren’t going to change our game plan.
And then, just to make it extra clear for the poor butthurt bankers:
I’m not going to stop talking about the unprecedented grasp that Citigroup has on our government’s economic policymaking apparatus. I’m not going to stop talking about the settlement agreements that JPMorgan makes with our Justice Department that are so weak, the bank celebrates by giving their executives a raise. And I’m not going to pretend the work of financial reform is done, when the so-called “too big to fail” banks are even bigger now than they were in 2008.
Guess she's not going to soften her tone after all. Your move, Wall Street.