Friday, February 15, 2013

Lizzy


This morning on Morning Joe, they played a video tape of yesterday's Senate Banking Committee hearing ... Senator Elizabeth Warren's first ... in which she "hammered" a bunch of banking regulators with the repeated question, "When was the last time you took a Wall Street bank to trial?" (as a result of the 2008/2009 financial debacle.)  These regulators were visibly embarrasses and forced to respond that no bank had been indicted and put on trial in the last four years. See: Huffington Post Story

As a result of this tough questioning, Mika Brzezinski grabbed her pompoms and was audibly cheering in the background for Senator Warren's line of questioning.  And I have to admit, despite my stated animus toward this fake Indian from Massachusetts, I was cheering too. The fact that no one on Wall Street or from the financial community in general has gone to jail over the sub-prime mortgage crisis is one of the more egregious sins of the Obama administration.  Even Jon Corzine is still walking free after his company, MF Global, lost track of 1.6 billion dollars of its customer's money.

This aggressiveness on Senator Warren's part spawned the following strange thought on my part -- what if the reason Warren wasn't considered in 2011 to head up the Consumer Protection Agency wasn't because of Republican opposition, but rather because of the Obama administration's chariness ... its fear that she might start turning over stones in Washington?  She certainly has started out by upending a huge Obama bolder.

Keep it up, Lizzy!  I may end up liking you afterall.

1 comment:

DEN said...

Yikes!