Elizabeth Warren's First Banking Committee Hearing - YES!

too big to fail?
Sagemindsays...

*Promote to bring attention to this one so people can see it between the cat videos and the the Russian meteor videos.

As devastating as the Russian meteor is, and as many of the videos there are for that, I somehow think this issue far outweighs it.

The US national and International banking fraud, crisis and law evasion is an issue that will affect us all as these multi-national money-loving corporations and banks plan and steal not just the nations money but the money in the international world as well.

Bringing these Banks into alignment with checks, balances and the LAW is a daunting task but also one that MUST be done.

Yogisays...

I hope that was a Community reference, if not there's a part in Community where Britta is telling a story and she's reading a book in it called "Warren Piece" because she doesn't know it's War and Peace.

shuacsaid:

Warren's piece.

chingalerasays...

Take up perhaps then, your woefully didactic point with the editors at the urban dictionary??

You got the gist, innit??

God, this country!! "I wake up today and errant misspelling corrections are at the top of the gnu's list!"

Yogisaid:

"A form of illusory government whereby a small percentage of the population govern a heard of willing morons..."

I don't know but I think you shouldn't bother citing source that don't know how "herd" is spelled.

direpicklesays...

I think you're being facetious--but just to make sure. The meteor broke a bunch of windows and ~1000 people got cut by the glass. Pretty much any newsworthy thing outweighs it. It's just a neat spectacle.

Totally agree that this is super important, though.

Sagemindsaid:

*Promote to bring attention to this one so people can see it between the cat videos and the the Russian meteor videos.

As devastating as the Russian meteor is, and as many of the videos there are for that, I somehow think this issue far outweighs it.

The US national and International banking fraud, crisis and law evasion is an issue that will affect us all as these multi-national money-loving corporations and banks plan and steal not just the nations money but the money in the international world as well.

Bringing these Banks into alignment with checks, balances and the LAW is a daunting task but also one that MUST be done.

Sagemindsays...

Yes, absolutely, the meteor in Russia was a major event. And people got hurt.
It's big news to those among the injured (superficial wounds that most of them were - but still important) and it's important to meteorologists & astronomers.

Interesting to the rest of us, yes. but not important to me in the sense that it doesn't affect me. It doesn't. Nor does it affect the majority of the world.

But the world economy affects everyone. The stuff that is going on now will not just affect us today and tomorrow but far into the future. These are events that can change the outlook of society.

So as I promote this one lonely video that was in danger of being overlooked Vs. the more than numerous (and still counting) videos surfacing this morning concerning the event in Russia. I am not being facetious, but I am being poignant.

direpicklesaid:

I think you're being facetious--but just to make sure. The meteor broke a bunch of windows and ~1000 people got cut by the glass. Pretty much any newsworthy thing outweighs it. It's just a neat spectacle.

Totally agree that this is super important, though.

KnivesOutsays...

"You know, I just want to note on this. There are district attorneys and U.S. attorneys who are out there every day squeezing ordinary citizens on sometimes very thin grounds. And taking them to trial in order to make an example, as they put it. I'm really concerned that too big to fail has become too big for trial," she said. "That just seems wrong to me."

Clinton/Warren 2016

grintersays...

What blows my mind is how uncontroversial this is. Would it be fair to say the majority, if not the overwhelming majority, of people in the word think that is wrong that big banks get special legal treatment, and that the people suffer as a result?

MrFisksaid:

*controversy

Yogisays...

Yes but if you poll Americans opinions, a majority would say that the government simply doesn't work for them. They expect it. Everyone knows that the government looks out for Rich interests and not the poor. Democrats are just watered down republicans (and not by much). Republicans have basically ceased to be a political party at all, they're so far away from public opinion it's amazing.

grintersaid:

What blows my mind is how uncontroversial this is. Would it be fair to say the majority, if not the overwhelming majority, of people in the word think that is wrong that big banks get special legal treatment, and that the people suffer as a result?

cosmovitellisays...

The majority of the world have felt they were being treated unfairly by their masters for at least 50,000 years. This is not even news.

All state rule is and always has been oligarchy. Any other term is a fantasy - even monarchy let alone democracy.

And they wont beat the inheritors any more than any of their crushed forebears did.

grintersaid:

What blows my mind is how uncontroversial this is. Would it be fair to say the majority, if not the overwhelming majority, of people in the word think that is wrong that big banks get special legal treatment, and that the people suffer as a result?

Ickstersays...

I find it amazing that no one is capable of giving a straight answer. I know they're trying to cover their asses, but how about one of them having some guts and saying, "We've never taken a big bank to trial, because they'd throw so much money, and so many lawyers, and so many lobbyists into the fight that we'd be destroyed. These institutions are too big to regulate."

The fact that none of them would even try something like that suggests that none of them are in fact interested in doing what their job says they should be doing.

chingalerasays...

..precisely why Americans (and the rest of the world) needs guns

Ickstersaid:

I find it amazing that no one is capable of giving a straight answer. I know they're trying to cover their asses, but how about one of them having some guts and saying, "We've never taken a big bank to trial, because they'd throw so much money, and so many lawyers, and so many lobbyists into the fight that we'd be destroyed. These institutions are too big to regulate."

The fact that none of them would even try something like that suggests that none of them are in fact interested in doing what their job says they should be doing.

cosmovitellisays...

The banks ARE the government. We are not ruled by the the current 4 year term-ers, it is and always has been the 400 year term-ers and their constant legion of wannabee vampire lords (who end up with a few million in nickels and dimes and carry the can when it goes tits-up).

You cant EARN enough money to compete in the plutocracy in one lifetime. And when you take elected office you find out pretty fast who your real boss is.
http://youtu.be/40K7p3kZO9c

Ickstersaid:

The fact that none of them would even try something like that suggests that none of them are in fact interested in doing what their job says they should be doing.

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