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In reply to the discussion: Who determined that the NSA and TPP are the most important issues? [View all]ProSense
(116,464 posts)282. It's
"Obama comes along, and is working to try to put the pieces back together"
Is he? That's not so obvious when you look at his corporate personnel choices, push for TPP, willingness - even eagerness - to put SS on table, use of drones, NSA issues, etc., etc.
Is he? That's not so obvious when you look at his corporate personnel choices, push for TPP, willingness - even eagerness - to put SS on table, use of drones, NSA issues, etc., etc.
...obvious to me. Elizabeth Warren:
<...>
When I worked to set up the Consumer Financial Protection Bureau, I pushed hard for steps that would increase transparency in the marketplace. The crisis began one lousy mortgage at a time, and there is a lot we must do to make sure there are never again so many lousy mortgages .
CFPB made some important steps in the right direction, and I think were a lot safer than we were .
There is no question that Dodd-Frank was a strong billthe strongest in three generations. I didnt have a chance to vote for it because I wasnt yet in the Senate, but if I could have, I would have voted for it twice.
Even so, the law is not perfect. And so its important to ask: Where are we now, five years after the crisis hit and three years after Dodd-Frank?
<...>
Powerful interests will fight to hang on to every benefit and subsidy they now enjoy. Even after exploiting consumers, larding their books with excessive risk, and making bad bets that brought down the economy and forced taxpayer bailouts, the big Wall Street banks are not chastened .
They have fought to delay and hamstring the implementation of financial reform, and they will continue to fight every inch of the way .
Thats the battlefield. Thats what were up against. But David beat Goliath with the establishment of CFPB and, just a few months ago, with the confirmation of Rich Cordray .
David beat Goliath with the passage of Dodd-Frank. We did that together Americans for Financial Reform, the Roosevelt Institute, and so many of you in this room. I am confident David can beat Goliath on Too Big to Fail. We just have to pick up the slingshot again .
Thank you .
http://www.warren.senate.gov/files/documents/AFR%20Roosevelt%20Institute%20Speech%202013-11-12.pdf
When I worked to set up the Consumer Financial Protection Bureau, I pushed hard for steps that would increase transparency in the marketplace. The crisis began one lousy mortgage at a time, and there is a lot we must do to make sure there are never again so many lousy mortgages .
CFPB made some important steps in the right direction, and I think were a lot safer than we were .
There is no question that Dodd-Frank was a strong billthe strongest in three generations. I didnt have a chance to vote for it because I wasnt yet in the Senate, but if I could have, I would have voted for it twice.
Even so, the law is not perfect. And so its important to ask: Where are we now, five years after the crisis hit and three years after Dodd-Frank?
<...>
Powerful interests will fight to hang on to every benefit and subsidy they now enjoy. Even after exploiting consumers, larding their books with excessive risk, and making bad bets that brought down the economy and forced taxpayer bailouts, the big Wall Street banks are not chastened .
They have fought to delay and hamstring the implementation of financial reform, and they will continue to fight every inch of the way .
Thats the battlefield. Thats what were up against. But David beat Goliath with the establishment of CFPB and, just a few months ago, with the confirmation of Rich Cordray .
David beat Goliath with the passage of Dodd-Frank. We did that together Americans for Financial Reform, the Roosevelt Institute, and so many of you in this room. I am confident David can beat Goliath on Too Big to Fail. We just have to pick up the slingshot again .
Thank you .
http://www.warren.senate.gov/files/documents/AFR%20Roosevelt%20Institute%20Speech%202013-11-12.pdf
Elizabeth Warren: Cordray Vote A Historic Day For Working Families
Sen. Elizabeth Warren (D-MA) took to Twitter on Tuesday in praise of the Senate's vote to advance Richard Cordray's nomination to the Consumer Financial Protection Bureau, calling it a "historic day for working families."
http://livewire.talkingpointsmemo.com/entry/elizabeth-warren-cordray-vote-historic-day-for-working
Sen. Elizabeth Warren (D-MA) took to Twitter on Tuesday in praise of the Senate's vote to advance Richard Cordray's nomination to the Consumer Financial Protection Bureau, calling it a "historic day for working families."
Elizabeth Warren ✔ @elizabethforma
I couldn't be more pleased that Rich Cordray will finally get the vote that he deserves. This is a historic day for working families!
1:11 PM - 16 Jul 2013
47 Retweets 26 favorites
http://livewire.talkingpointsmemo.com/entry/elizabeth-warren-cordray-vote-historic-day-for-working
The Consumer Financial Protection Bureau gets busy
http://www.democraticunderground.com/10023372682
SEC Will Require Companies To Report CEO-To-Worker Pay Ratios
http://www.democraticunderground.com/10023694931
Regulators Finalize Stricter Volcker Rule - Reuters/HuffPo
http://www.democraticunderground.com/10024158305
NLRB to Prosecute Wal-Mart For Violating Workers Rights (updated)
http://www.democraticunderground.com/10024053560
Ally Bank To Pay $98 Million For Charging Higher Interest To Non-White Borrowers
http://www.democraticunderground.com/10024208931
U.S. orders mortgage servicer Ocwen to help borrowers with $2 billion
By Emily Stephenson
(Reuters) - U.S. officials on Thursday ordered the largest nonbank mortgage servicer to provide $2 billion in help to underwater borrowers to resolve allegations of misconduct that led to thousands of people losing their homes.
Ocwen Financial Corp must reduce loan balances for struggling homeowners and refund $125 million to foreclosed borrowers under an agreement with the U.S. Consumer Financial Protection Bureau and officials from 49 states and the District of Columbia.
Ocwen failed to account for borrowers' payments, gave false reasons for denying loan modifications and robo-signed legal documents, the consumer bureau said.
In many cases, after Ocwen began servicing loans, it did not respect trial modifications that had already been agreed to by the lenders, consumer bureau Director Richard Cordray said.
- more -
http://www.reuters.com/article/2013/12/19/us-financial-regulation-ocwen-idUSBRE9BI0ZT20131219
By Emily Stephenson
(Reuters) - U.S. officials on Thursday ordered the largest nonbank mortgage servicer to provide $2 billion in help to underwater borrowers to resolve allegations of misconduct that led to thousands of people losing their homes.
Ocwen Financial Corp must reduce loan balances for struggling homeowners and refund $125 million to foreclosed borrowers under an agreement with the U.S. Consumer Financial Protection Bureau and officials from 49 states and the District of Columbia.
Ocwen failed to account for borrowers' payments, gave false reasons for denying loan modifications and robo-signed legal documents, the consumer bureau said.
In many cases, after Ocwen began servicing loans, it did not respect trial modifications that had already been agreed to by the lenders, consumer bureau Director Richard Cordray said.
- more -
http://www.reuters.com/article/2013/12/19/us-financial-regulation-ocwen-idUSBRE9BI0ZT20131219
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The American people have decided how important they are. That's how democracy works.
sabrina 1
Jan 2014
#35
Wrong. The corporate media has decided how important they are. No democracy was involved.
baldguy
Jan 2014
#131
No, I didn't friggin list prosecution of crimes as "one of the accomplishments".
ProSense
Jan 2014
#42
The lack of prosecutions is important because it demonstrates that while Obama likes to talk
JDPriestly
Jan 2014
#62
The lack of prosecutions places in question Obama's sincerity on the economic inequality issue.
JDPriestly
Jan 2014
#115
No, it's not and no amount of text is going to make it relevant to the point. n/t
ProSense
Jan 2014
#281
There were plenty of legal grounds to prosecute some of the bankers based on old fashioned fraud
JDPriestly
Jan 2014
#66
Someone did a phony alert on this- pretending you're calling the OP a Nazi!!
bettyellen
Jan 2014
#125
The package of regulations didn't deal with the most important cause of the corruption.
sabrina 1
Jan 2014
#40
OK, you don't think it goes far enough. What does that have to do with the point?
ProSense
Jan 2014
#47
You are ignoring one very important thing that has so angered the American people wise politicians
sabrina 1
Jan 2014
#65
Mortgage companies and banks committed fraud but the individuals who actually committed the
JDPriestly
Jan 2014
#56
To save time I would direct you to the subthread that begins with post 31
flying rabbit
Jan 2014
#143
Because the Fourth Amendment is a precious right. It is a matter of safeguarding the Constitution.
JDPriestly
Jan 2014
#70
The many, many millions buying smartphones and going online don't seem terribly worried
ucrdem
Jan 2014
#81
Dismsising a whole slew of great progressive activists as "single issue advocates"?
YoungDemCA
Jan 2014
#20
What you are doing is dismissing the millions of Democrats who opposed these policies from the
sabrina 1
Jan 2014
#44
This NSA is populated with Bush appointees and loyalists. Why? Why were they not all fired?
sabrina 1
Jan 2014
#76
'Snowden and Greenwald didn't expose any' I guess that's why Obama was surprised by what he learned
sabrina 1
Jan 2014
#130
"any statutory or ethical violations that would merit disciplinary action," and no,
ucrdem
Jan 2014
#135
So we were lied to again when we were told that Obama was surprised when he heard they had spied
sabrina 1
Jan 2014
#138
Personally, I think that economic inequality is the biggest issue of our time.
JDPriestly
Jan 2014
#72
"Free Trade" has done so much to screw up the economy since the 1990's. That it IS a core issue
Armstead
Jan 2014
#31
TPP is a continuation of previous "free trade policies" whose results are already known.
Armstead
Jan 2014
#43
I dion't see much of that going on, but feel free to fret about it if you want
Armstead
Jan 2014
#92
So this is whining about how others rank the importance of issues? Why should it matter
Bluenorthwest
Jan 2014
#167
It will be if people ignore it. Which is the answer to your question. Why is it so important now?
sabrina 1
Jan 2014
#55
But Obama is sponsoring TPP. That's why we don't totally believe his sincerity about dealing
JDPriestly
Jan 2014
#74
Tax cuts for the rich, corporate deregulation, 'right-to-work laws', slashing the safety net
pampango
Jan 2014
#136
You thought the Bush economy was fine? JAYSUS! No wonder folks are world's apart on economics
TheKentuckian
Jan 2014
#189
NAFTA included provisionbs that made it eassier and more attractive to remove econoimic sovergnty
Armstead
Jan 2014
#205
Try reading the services, financial serv and ag chapters of NAFTA, the WTO, or
OrwellwasRight
Jan 2014
#307
The percentage of middle class people that benefit enough from the stock market to make a difference
laundry_queen
Jan 2014
#268
1) To countries offering the lowest wages and most lax environmental regulations...
SMC22307
Jan 2014
#271
The overall results of NAFTA on the working class are negative in both the US and Mexico.
ronnie624
Jan 2014
#366
You said the economy was fine, I did not say that NAFTA was the sole cause
TheKentuckian
Jan 2014
#395
The TPP is a big obstacle to better wages for working people and for lifting up the middle class.
JDPriestly
Jan 2014
#46
The most important issue is free and fair voting. If the corps control our votes, all other issues
rhett o rick
Jan 2014
#49
Wow that's a lot of schutf and links. But none will matter if our votes go thru
rhett o rick
Jan 2014
#246
How about you let each DUer decide for themselves what the most important issues
kelly1mm
Jan 2014
#59
The President did, by giving a speech today about the window dressing you are calling reform
bobduca
Jan 2014
#61
You decided NSA was important. Not long ago, you were posting almost Hourly Anti-Snowden,
Katashi_itto
Jan 2014
#68
No, I didn't. I can post about a number of things often and in a timely manner.
ProSense
Jan 2014
#78
That one particular post. You sometimes posted screeds. But it was mostly Pro NSA propaganda
Katashi_itto
Jan 2014
#106
Do an advanced search for the threads you started between June 6 and July 3 in GD
muriel_volestrangler
Jan 2014
#141
So are you saying we shouldn't pay any attention to your threads, because you babble
muriel_volestrangler
Jan 2014
#161
You say 'Volume doesn't equal "most important."'; so I ask you what does equal "most important"
muriel_volestrangler
Jan 2014
#163
You still aren't saying how we're meant to know what you think is important
muriel_volestrangler
Jan 2014
#166
So you can't justify starting about 5 NSA threads per day for a month, and then complaining
muriel_volestrangler
Jan 2014
#169
What the hell does "starting" threads about the NSA have to do with my point?
ProSense
Jan 2014
#171
No, it's when you start 150 of them in a month, a clear majority of the threads you started
muriel_volestrangler
Jan 2014
#177
Do you know how he created that surplus? By cutting social programs, by cutting
truedelphi
Jan 2014
#267
you don't think the TPP will impact inequality and the middle class? why do I hear "Aegukka"?
MisterP
Jan 2014
#109
some force or group within government or the MIC that ... gives marching orders
Ghost Dog
Jan 2014
#248
On DU you know the names and they're good at milking the same issues.
great white snark
Jan 2014
#139
The only "ex" freeper we have here on DU agrees with you 98% of the time. Ooops!
Romulox
Jan 2014
#154
No. The operative word is "freeper". Rightwing bullshit with a (D) after it remains rightwing
Romulox
Jan 2014
#157
151 House Dems Telling President They Will Not Support Outdated Fast Track for TPP
Bluenorthwest
Jan 2014
#173
Maybe you can explain what the hell a letter to the President has to do with the OP?
ProSense
Jan 2014
#187
No clearly you need to think that or you wouldnt seem so condescending in every post
bobduca
Jan 2014
#201
I went ahead and decided that our surveillance state is pretty goddamned important.
DisgustipatedinCA
Jan 2014
#193
DU Oxygen... rough estimate is 1 in 10 active posts...like owning the yellow and green properties...
Octafish
Jan 2014
#336
Nope went to shit and you cannot admit to it, it would cause you to admit to fault.
Rex
Jan 2014
#227
I'm not complaining about "nasty attacks" - your talking points don't upset me...
polichick
Jan 2014
#329
What do you see? Can you point to and provide actual evidence of what you "see"?
ProSense
Jan 2014
#358
That doesn't make sense. You're the one accusing people of being "paid shills/sock puppets"
ProSense
Jan 2014
#362
I don't deny anything I said - I deny there's a quote that backs up your reading...
polichick
Jan 2014
#374
The Hatch Act would have been violated. Can't you imagine the Issa hearing? nt
msanthrope
Jan 2014
#391
Can't make the TPP smell like anything but shit, so try to marginalize and minimize it.
djean111
Jan 2014
#295
Ending the costly trade agreements (&TPP) is essential to income equality.
grahamhgreen
Jan 2014
#399
Why so grumpy?- after all, the chocolate ration just got increased!
friendly_iconoclast
Jan 2014
#415