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Elizabeth Warren: 'Too Big To Fail' Is Worse Than Before Financial Crisis

MichaelJR said:
Worried about reelection I can imagine. The word progressive will become very icky once the rest of the card house comes crashing down.
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Im sure they are just like any politician.
 
apdst said:
The Dems won't even bring back Glass-Stegal. If they did, the government couldn't force the banks to give a bus driver an eight-hundred-thousand dollar home loan.

I believe, ny friend, that you will always be disappointex as long you expect the government to fix a problem.
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The repeal of Glass Stegal was fixing a problem that wasn't a problem. It was an asinine move.
 
TheDemSocialist said:
Im sure they are just like any politician.
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Seems to be the only time they attempt to vote in the direction the people want, you know, those lowly peasants they were voted in to 'represent'. They are all the same, left-right-center-sideways....all the same.
 
MichaelJR said:
Seems to be the only time they attempt to vote in the direction the people want, you know, those lowly peasants they were voted in to 'represent'. They are all the same, left-right-center-sideways....all the same.
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Well 95% of their goal is to be reelected.
And congress has a record low approval rating by the vast majority of people love their congressman/woman
 
ChezC3 said:
The repeal of Glass Stegal was fixing a problem that wasn't a problem. It was an asinine move.
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It was PRESENTED as fixing a problem. In reality it was a move by Wall Street to repeal a law that had restrained their ability to plunder the US Treasury for 6 decades. It was corruption and nothing more, a bright and shining example of poor governance by Clinton et al.
 
Gipper said:
Yes, let's use Great Depression legislation from 80 years ago to fix this. Let's not do something logical like "just stop bailing them out" and "banish phrases like 'too big to fail'".
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Well, that would actually require gov't getting out of the way and letting us lowly citizens dictate things. No one on capital hill will allow that minus a select few. They know better than us, remember?
 
Henry David said:
By a Dem Prez and Congress.

I wish we had 10 more Senators like Warren. She's great. She actually has the concerns of the American people at heart. Most others have the concerns of Wall STreet and the military industrial complex at heart.
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NO she doesn't, she takes advantage of low information ideologues by pushing the "Too Big to Fail" false narrative, that was drummed up by the Democrats so they could cover their asses for their part in CREATING the Sub-prime bubble.
 
Is this the same Elizabeth Warren that lied about being an indian, so she couod rip off the government?
 
Fenton said:
NO she doesn't, she takes advantage of low information ideologues by pushing the "Too Big to Fail" false narrative, that was drummed up by the Democrats so they could cover their asses for their part in CREATING the Sub-prime bubble.
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I think too big to fail is idiotic public policy. That is, we should have regulations that prohibit that from ever becoming reality.

Yet reality it was back in the days of TARP, if you recall.

They were paid off to repeal GS because the banking interests wanted to act like Gordon Gekko, if that's spelled correctly.
 
Henry David said:
It was PRESENTED as fixing a problem. In reality it was a move by Wall Street to repeal a law that had restrained their ability to plunder the US Treasury for 6 decades. It was corruption and nothing more, a bright and shining example of poor governance by Clinton et al.
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Of course it was, it was the illusion that self preservation was all the regulation they needed. Self deluded fools. They still think that is the case despite all we've been through...
 
Henry David said:
I think too big to fail is idiotic public policy. That is, we should have regulations that prohibit that from ever becoming reality.

Yet reality it was back in the days of TARP, if you recall.

They were paid off to repeal GS because the banking interests wanted to act like Gordon Gekko, if that's spelled correctly.
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TARP ???? LOL !!

You bought it hook line and sinker, didn't you?

Hey the Democrats need people JUST LIKE YOU. TARP, ( most of which has been paid back ) was a FRACTION of the amount of debt we took in when Fannie and Freddie, the two Democrat run and Democrat protected GSE's, were taken into Conservatory in 2008.

Over 5 and a half TRILLION dollars in sub-prime loans and securities, not too mention we paid hundreds of millions in interest payments ALONE since 2008 just to keep those two GSE's from going bankrupt.

You need to educate yourself and stop buying into Democrat constructed False Narratives like "Too Big To Fail".
 
Fenton said:
TARP ???? LOL !!

You bought it hook line and sinker, didn't you?

Hey the Democrats need people JUST LIKE YOU. TARP, ( most of which has been paid back ) was a FRACTION of the amount of debt we took in when Fannie and Freddie, the two Democrat run and Democrat protected GSE's, were taken into Conservatory in 2008.
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News flash even "anti-TARP" Republicans like Tarp..
Rand Paul: Olmsted Project A 'Boondoggle', But Necessary
 
apdst said:
Is this the same Elizabeth Warren that lied about being an indian, so she couod rip off the government?
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Oh no, that's just a right wing meme. Didn't you hear? It can't be true of the all gifted Warren.
 
Fenton said:
What makes you think I'm a Rand Paul Supporter ?
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That even the most diehard "anti-TARP" representative when they have the change they will take that TARP.
 
TheDemSocialist said:
That even the most diehard "anti-TARP" representative when they have the change they will take that TARP.
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First off, your link takes me to a left wing website, and THAT'S a joke.

Second, I don't buy into the " Too Big To Fail" false narrative, nor do I buy into the charge that the Sub-Prime Bubble and it's collapse was caused by the " Big Evil Banks" or Wall Street".

I've spent too much time researching and documenting the REAL REASONS behind the Sub-Prime Collapse, and that lying bitch Warren hasn't offered up any credible insight as of yet.

She just perpetuates the narrative that the Democrats set in motion in 2008.

Hell, they even made movies about it, " Too Big to Fail" and " Margin Call". Fiction, and more fiction.
 
Here we go 5, 4, 3, 2, 1.......

Another thread hijacked with false information.
 
Henry David said:
I think too big to fail is idiotic public policy. That is, we should have regulations that prohibit that from ever becoming reality.

Yet reality it was back in the days of TARP, if you recall.

They were paid off to repeal GS because the banking interests wanted to act like Gordon Gekko, if that's spelled correctly.
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We use too and those laws are probably still on the book. I am not sure what they are called, monopoly laws but there is another name for them. Those laws were used to break up MA BELL although it has pretty much reconstutiated itself to be that big behomouth it was before it was split up. I do not agree with Warren on much, but I do with her on this. It is plain wrong to let any company be they banks or whatever to become too big to fail. Something needs to be done.
 
rabbitcaebannog said:
Here we go 5, 4, 3, 2, 1.......

Another thread hijacked with false information.
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LOL !!!

Elizabeth Warren threads are typically started and perpetuated by the exclusive use of "false information".
 
Perotista said:
We use too and those laws are probably still on the book. I am not sure what they are called, monopoly laws but there is another name for them. Those laws were used to break up MA BELL although it has pretty much reconstutiated itself to be that big behomouth it was before it was split up. I do not agree with Warren on much, but I do with her on this. It is plain wrong to let any company be they banks or whatever to become too big to fail. Something needs to be done.
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We do...

United States antitrust law - Wikipedia, the free encyclopedia

...but what we really need, are laws that prohibit the government from forcing private companies to do something stupid. We need a law that makes ot illegal for the Federal Reserve to pressure private banks from recognizing welfare payments as income on loan applications.
 
TheDemSocialist said:
News flash even "anti-TARP" Republicans like Tarp..
Rand Paul: Olmsted Project A 'Boondoggle', But Necessary
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Dude, you regurgitate this crap yet you gave no retort to the below comments when I posted them in your thread you started about it. Care to rekindle this debate? I think not. Hopefully you realize it's a futile effort.

I love how you guys do no homework on this and simply trust that the Huff Post will give you an unbiased story. You do know that Dianne Feinstein and RINO Bob Corker actually wrote this into the bill right? Also, liberals love to talk about infrastructure (especially your messiah with his "roads and bridges" line that he puts in almost every speech) and how it is crumbling, how it is behind the times, etc, etc. Here is a real, honest to God example of that. Prior to this project, the 2 locks and dams that control this portion of the river were literally being operated by hand, by crews on steamboats. But you guys want to criticize someone who has already stated in numerous letters that he is in opposition to the mismanagement of the project. The dude wasn't even in office when the project started!
Sen. Paul Issues Letter to Lt. Gen. Bostick on Olmsted Locks and Dam Project Rand Paul | United States Senator
The funniest thing, by far, is if he had gone all Ted Cruz about this and jumped all over McConnell and anyone else who would listen you guys would instead be saying that he's a nut for wanting to leave a half finished dam in place.
My question to all of you is, what would you have done if you were Paul? The guy's opposed the waste, fraud, and abuse that has occurred. He has written letters to the Army Corps of Engineers. He has publicly denounced the manner in which the project has been conducted. However, the guy is also not an idiot and realizes that this thing is past the point of no return. You just can't sink that much money into something and get no return. Period. It would be like buying a Lamborghini and the transmission going out on it 1000 miles in to having it. You aren't going to just dump the car. You sunk so much money in to it you may as well go further and replace the transmission.
Like Paul, I'm not a fan of this crap. It drives me nuts to see these gov't projects go WAY over budget like they do. However, I'm not an idiot. I understand that at some point you have to keep pushing ahead to finish something like this. This dam, IMO, is at that point.
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http://www.debatepolitics.com/break...-boondoggle-but-necessary.html#post1062459438
 
Fenton said:
LOL !!!

Elizabeth Warren threads are typically started and perpetuated by the exclusive use of "false information".
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Do you mean like Hope, Change, Transparency and Accountability that was brought to us by B'rack & Co?
 
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