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In reply to the discussion: When It Comes to Hillary Clinton Versus Bernie Sanders, One Image Says It All [View all]cascadiance
(19,537 posts)But we're dealing with the real world, and how real world people like Senator Warren and Senator Dick DURBIN would REGULATE banks, and not just "be their friends" to give them a lot of money as Democrats including Democrats like Durbin have helped the banks out in exchange for their bribery money so that they could get away with tons of what used to be call criminal acts with no one going to prison and many of them perhaps not being subjugated to prosecution with the statute of limitations running out on the current administration's inexcusable LACK of enforcement of criminal law in this area on those CROOKS that call themselves banking CEOs these days.
It's going to take lawmakers like Sanders and Warren who may not "know" banks well enough to continue participate in NOT regulating their activities that have put this economy in the toilet, but who want to do some pragmatic and proper REGULATING of these banks so that we can get them back under control as the system that our founder gave us where GOVERNMENT runs our country and not BANKS! Some people today seem to forget this.
Sanders was one of a few people that was instrumental at getting an audit of the Fed done, which is what was NEEDED for the public and other people in government to understand the activities of this organization who's objectives have arguably been compromised over the years.
Warren has had a LOT of recognized experience and training in commercial law in the academic world before becoming senator and was widely sought for her understanding on how the banks' activities had affected Americans, as is demonstrated here by her being a distinguished lecturer giving a televised speech at UC Berkley right before the crash of 2008 warning us of what was coming ahead in terms of the mess that happened to us not long afterward.
I would contend that though Dick Durbin may have more experience in the Senate than Warren has had, that Warren in terms of the depth of her career not only in the Senate but in other institutions and agencies has had far more real world experience and understanding of how the financial industry has been functioning or MISfunctioning in our society.
I would argue that just because Warren or Sanders aren't "friends" of the execs of the banking industry and maybe want to do things that they don't like doesn't mean we shouldn't have them in key positions in our government overseeing how banks are regulated. In fact I think we NEED people like that to fix the BROKEN regulatory system that we have in place now where in effect those in charge of the banks run our government and have screwed us over the last few decades as long as they control it.