Tuesday, March 19, 2013

Warren and the big banks

Let me preface this with the statement that I think Bernanke has done a fine job given his tools and the depth of the crisis. He has called for fiscal solutions to augment his monetary policy and his calls have been met with Congressional gridlock.

Sen Warren voices the frustration that taxpayers should have with the de facto corporate welfare that seems to never end. Meanwhile, Congress is debating how much of Social Security benefits will decrease for workers who have paid in their entire lives and former Sen Scott Brown, whose place Warren has taken, is now employed as a bank lobbyist and paid Fox News commentator.

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