Serf’in USA…
Some terrific economic commentary from Elizabeth Warren at HuffPo:
Pundits talk about “populist rage” as a way to trivialize the anger and fear coursing through the middle class. But they have it wrong. Families understand with crystalline clarity that the rules they have played by are not the same rules that govern Wall Street. They understand that no American family is “too big to fail.” They recognize that business models have shifted and that big banks are pulling out all the stops to squeeze families and boost revenues. They understand that their economic security is under assault and that leaving consumer debt effectively unregulated does not work.
(HuffPo via Crooks and Liars
I love Elizabeth Warren – wish Jon would have her on once a week!
Why isn’t this woman Treasury Secretary? Because Goldman Sachs owns the government. Geithner and Summers are proof. Wait, Obama is the proof. I hope someone primaries him in 2012. Probably won’t happen, but I can dream.
Pissed,
I’m so with you on this one. My little wet dream is Feingold-Kucinich against The Carebear-Hillary (you know he’s going to dump Joe, right? And get someone to “broaden the base” — so to speak), and having them just trounce the incumbants. Of course, it won’t happen (not the least reason being that F-K are both loyal party kinda guys), but a boy can dream.
Sigh.
TG