Saturday, February 16, 2013

Elizabeth Warren goes back to Washington

The talk of the toobz today was about Elizabeth Warren kicking the SEC's ass at her first Senate Banking Committee hearing. She politely asked why no banksters had been brought to trial. This apparently unexpected inquiry left the SEC flailing, and failing, to come up with an adequate answer.

Our intrepid Senator Warren then proceeded to explain in great detail why the failure to meaningfully prosecute the banksters was not a particulary effective deterrent to criminal manipulation of the financial markets. And her sidebar on the double standards of the justice system was a thing of beauty. Here we have an unapologetic liberal with the power to change the national conversation and the courage to do it. Cheering.

Of course, not everyone found this exchange as satisfying. The banksters were not amused. br>

That set off angry responses to Politico's Morning Money. "While Senator Warren had every right to ask pointed questions at today's Senate Banking Committee hearing, her claim that 'nobody believes' that bank books are honest is just plain wrong," emailed a "top executive" to the financial newsletter. " Perhaps someone ought to remind the Senator that the campaign is over and she should act accordingly if she wants to be taken seriously."
Unserious. The ulimate all-purpose code for STFU with your liberal facts.

Elizabeth Warren is "unserious." She's one of us. I don't think she's going to STFU. We are blessed. [image via]

Labels: Corporate Welfare, Elizabeth Warren, rule of law, Senate

Source: http://theimpolitic.blogspot.com/2013/02/the-talk-of-toobz-today-was-about.html

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