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BeckyDem

BeckyDem's Journal
BeckyDem's Journal
January 8, 2020

Elizabeth Warren @SenWarren The IRS has no more excuses to create its own Free File program.

https://twitter.com/SenWarren/status/1214310004804792320








( The more she articulates how she sees government should function, the better her chances become of winning the nomination. I remain hopeful. Warren 2020. )
January 8, 2020

What an Elizabeth Warren Presidency Would Look Like ( Warren is a "visionary implementer." )

By Kathleen Geier

January 7 | January 2020 Issue

If Elizabeth Warren wins the Democratic presidential nomination, she will have prevailed against daunting odds. She will have overcome a potentially career-ending scandal (the DNA test debacle) and defeated not only the runner-up in the 2016 Democratic presidential contest, but a popular two-term former vice president. If she defeats President Donald Trump, it would mean an economic populist defeated a corrupt plutocrat, that the most leftwing Democratic presidential nominee in history defeated a racist reactionary, that a woman defeated America’s most famous misogynist. It would be an extraordinarily powerful moment.


Her ambitions for the presidency are not small. Warren proposes to rewrite the rules of the economy by reining in capital, empowering labor and significantly expanding the welfare state.To understand how Warren would create big structural changes as president, it’s helpful to look at how she has made change in the past.

The standard advice to freshmen senators is this: Keep a low profile and suck up to your senior colleagues. As a newly elected senator in 2013, Elizabeth Warren did neither.

Instead, Warren used her perch on the Senate Banking Committee to excoriate ineffectual regulators, duplicitous CEOs, profiteering student lenders and other financial industry ne’er-dowells (interrogations made famous in videos that went viral). She publicly clashed with establishment Democrats such as Sens. Max Baucus (Mont.) and Joe Manchin (W.V.). She even took on President Barack Obama, leading the fight against several administration priorities, including the Trans-Pacific Partnership trade deal and a pharmaceutical bill she described as “a bunch of special giveaways” to Big Pharma. Warren succeeded in getting under Obama’s skin to such an extent that he took the rare step of criticizing her repeatedly by name.

https://inthesetimes.com/features/Elizabeth-Warren-presidency.html

January 7, 2020

Elizabeth Warren's new plan to reform bankruptcy law, explained

A return to her political roots.
By Matthew Yglesias

Jan 7, 2020, 9:10am EST

With a new plan out Tuesday, Sen. Elizabeth Warren is returning to her roots — proposing to roll back bankruptcy changes made in 2005 while also pitching a series of new reforms. The plan reflects both her longtime vision of how bankruptcy should work and her more recent focus on the idea that rich people have rigged the system for their benefit.

Warren’s transition from academic expert to politician was driven by her work over years as an opponent of bankruptcy reform legislation — legislation that researchers believe exacerbated the Great Recession by inducing more foreclosures – that eventually passed over her objections in 2005. Her interests have broadened out over the past 15 years to the point where most people following the 2020 presidential campaign might not even realize this was both her original area of scholarly expertise and motivation for taking on a larger role as an advocate and, eventually, a politician.

It’s a plan from a former law professor on the federal bankruptcy code, so there are a lot of details, and not necessarily a catchy slogan. But the big picture is easy enough to understand.

In 2005, federal law was changed to make it harder for middle-class families to discharge debts in bankruptcy. That was good for credit card companies and others that want to collect those debts, and was said by its proponents to have the secondary consequence of making cheap credit easier to obtain (in practice, credit card interest rates went up rather than down so this rationale seems dubious anyway).

https://www.vox.com/policy-and-politics/2020/1/7/21051906/elizabeth-warren-bankruptcy-reform

Warren 2020!!!

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