If Elizabeth Warren Were Running for President, This Would Be Her Agenda

[eridani]

http://www.thenation.com/blog/204433/big-elizabeth-warren-speech-how-finish-financial-reform

Warren isn’t running for president, but she unveiled that exact agenda in a sweeping speech Wednesday in a conference at the Levy Institute in Washington. It advocated an array of specific, often ambitious policy proposals, many of which have circulated in Washington for years and that Warren, at various times, has already called for.

But tied together in one place, and packaged as a clear call for structural and not just technocratic changes, a blueprint emerged for how Warren thinks Democrats should attack continued financial reform. Whether purposeful or not, the speech was timed exactly to start of Hillary Clinton’s 2016 presidential campaign.

Her ideas fit into four basic categories: first, getting tougher on bad financial actors, particularly big banks, and presenting them with actual legal accountability for malfeasance. Second, Warren outlined how to change the basic structure of the country’s largest financial institutions so their very existence doesn’t threaten the economy nor taxpayer money via inevitable bailouts. Third, she outlined how to change tax policies that incentivize financial risk-taking and instability. And finally, Warren called for tougher regulations on the shadow-banking sector that was a huge contributor to the 2008 crash and which remained largely untouched by Dodd-Frank.

Under no conceivable set of circumstances could most of this happen in the current political climate. Rather, it’s a world Warren wants to see—“She has outlined what a functional Congress and a willing president could do,” Bartlett Naylor, the financial policy advocate for Public Citizen, told The Nation.

[josmarten]

1. Sen.Warren is opposite of Hillary, who is hiring Gary Gensler

Sen.Warren represents balance.Hillary is the opposite. According to Media, she just hired Gary Gensler, who with Rubin and Summers in 1999 at the Treasury convinced Pr.Clinton & Congress to end Glass-Steagall Act. Gensler used his own private e-mail account at treasury to deal with issues related to MF Global and Jon Corzine because of their friendship. Regulators asked him to step aside but he refused, wonder why? At Goldman Sachs he secured for the Tax exempt NFL 1 of the biggest contracts ever with TV Networks. His swap regulation for Pr.Obama was weak since not 1 "speculator-shorter-scammer" from 2008 Financial Crisis got indicted, not 1. Gensler is a "Hedge Fund+Private Equity" friend in and out, he will help Hillary collect billions from GoldmanSachs, Soros, Mezvinsky HedgeFunds,W.Clark Military Contractors, Oil+Gas Interests in Ukraine+Africa+Asia+MiddleEast, no changes whatsoever in DC

www.nytimes.com/2015/04/18/us/politics/hillary-clinton-hiring-gary-gensler-is-called-signal-to-possible-donors.htm

[NYC_SKP]

2. Welcome to DU, and welcome to the fight against the system.

And thanks for the link.

www.nytimes.com/2015/04/18/us/politics/hillary-clinton-hiring-gary-gensler-is-called-signal-to-possible-donors.htm