Wall St Bonuses show..."We still have a problem..." (Warren)

[katty]

more:
http://www.bloomberg.com/news/2010-12-10/wall-street-bonuses-show-we-still-have-a-problem-obama-aide-warren-says.html


Wall Street banks reaping profits and paying bonuses while the rest of the country struggles shows “we still have a problem” with economic disparity, said Elizabeth Warren, the Obama administration adviser responsible for setting up the Consumer Financial Protection Bureau.

“This just staggers me; I mean, I just don’t have words to describe what this means,” she said in an interview for Bloomberg Television’s “Conversations With Judy Woodruff” that will be broadcast this weekend. “For me, what an economic recovery is about is about what happens to American families. It’s what happens in the real economy. It’s whether or not families are building up wealth in their homes or whether or not their homes are dragging them over an economic cliff.”

“It isn’t meaningful to talk about profits and a growing economy until American families are stabilized,” she said.

[Demeter]

1. We have a problem with the tax code, the bank regs., and the government

which produces the economic disparity.

[DJ13]

2. Are we sure we cant draft Warren to run in 2012?

[DCKit]

3. She's brilliant, but better (for us) where she can agitate.

Timmy and Ben hate her, so she's my personal hero.

[Overseas]

4. K&R ! //nt