financial reform

Yesterday, during the tweet storm that is her life, Ann Coulter reminded the lunatics who follow her online that "The 1 fact (before DACA betrayal) that made die-hard Trump voters hate him: White House full of Goldman Sachs bankers," pointing to the must read essay by Gary Rivlin and Michael Hudson,

Amid the last election cycle, both Senator Sanders (D-VT) and President Trump made pledges to "bring the jobs home," and Senator Sanders pressed for…
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We've talked a lot here about how Wall Street banksters are spitting angrily about the relatively weak and avoidable rules and regulations that have come down in recent years to prevent their companies from ripping off consumers with alacrity.

Yesterday Elizabeth Warren was the keynote speaker at an AFL-CIO conference. Her speech is embedded above and I didn't quote too much from it below.

This week, Paul Ryan has been pushing a new GOP talking point about how Dodd Frank is to the banking system what Obamacare is for the healthcare system. In other words, he's way on board with Wall Street whore and House Financial Services Committee chair Jeb Hensarling in wanting to repeal or dismantle the consumer (and societal) protections, as weak as they were, in Dodd Frank.

Last week we took a look at two revealing interviews of Elizabeth Warren, one by Bill Moyers and the other by Steve Inskeep.

by Alice MarshallI want to thank the entire DownWithTyranny community for the terrific work you do supporting progressive candidates for office. As we all know to our cost, it is very difficult for progressive candidates to raise sufficient funds to be competitive.

As we mentioned Monday, all but one Republican (Walter Jones) voted to exempt private equity fund investment advisers from regulatory registration and reporting requirements. They were joined by 36 Democrats led by Wall Street whores Steve Israel ("ex"-Blue Dog-$800,019) and Jim Himes (New Dem-$1,853,26). Ever since Boehner became Speaker, whittling away at Dodd-Frank has been top priority-- and he knows there are always a couple dozen corrupt Democrats to tag along for the goodies.

Just 12 banks control almost 70% of total bank assets. This week at a Banking Committee hearing, Elizabeth Warren grilled Treasury Secretary Jack Lew about capping the size of the Too Big To Fail banks. He danced around her questions and sounds as full of crap as any GOP bank shill who's looking forward to his future on Wall Street. Notice in Lew's weasely, misleading answers he says "we" shouldn't do anything because we're in the middle of implementing Dodd-Frank.