It's not especially surprising that in any must-pass bill, some pretty iffy stuff gets shoved in, and in the Spirit of Bipartisanship (also last-minute panic), it even gets passed. The Great Big Keep The Lights On Omnibus Bill currently slouching through Congress has one provision that Wonkette Hero Elizabeth Warren insists will not stand: a provision -- which she says was literally written by Citigroup lobbyists -- to strip out a "no bailouts" rule in the Dodd-Frank financial reform law. If it passes, banks will once again have some of their most risky investment gambles insured by the FDIC. That is, a return to the same old principle of private gain and socialized risk that got us into such a mess in 2008. Warren is against it, Nancy Pelosi is against it, and it could threaten Democratic support for the budget measure. Watch this interview, take a look at
...the only way I would ever support another financial bailout is if all the bail out money is blended into a liquified form and administered anally to each and every banker!
<Snark off> Senator Warren is a throwback to a better America, where public servants understood that their role was to make life less horrible for Americans. If anyone out there can shame Washington into returning to those times, she can. <Snark on>
...the only way I would ever support another financial bailout is if all the bail out money is blended into a liquified form and administered anally to each and every banker!
...hey, I'm planning a trip to Vegas next summer; is there anyway I can get a taxpayer funded bailout if I burn through all my cash
Sadly, she was too focused on her expertly-controlled rage.
<Snark off> Senator Warren is a throwback to a better America, where public servants understood that their role was to make life less horrible for Americans. If anyone out there can shame Washington into returning to those times, she can. <Snark on>
Votingly!
The Msgra loves hers! Onward TovarišÄi and TovarišÄoÄki!
But what's her take on Benghazi?
Seems more like a Blankfein-Dimon orgy to me.
Is that pronounced "Harve", do you suppose?