Elizabeth Warren (TARP Watchdog) On Stewart - EXCELLENT!

[BlooInBloo]

http://www.huffingtonpost.com/2009/04/16/elizabeth-warren-makes-jo_n_187635.html

People like her make me feel better - a little bit - about the whole shitty thing.

[valerief]

1. That was great. I'd like to see her on with Stewart EVERY NIGHT!!!!! nt

[D-Lee]

2. EXCELLENT discussion, vital information on US economic cycles

The part of the discussion which struck me as most significant started at about the 2nd minute and runs through about the start of the 4th minute of part 2.

Just to give a rough summary, she said that the US had banking / economic crises every 10 to 15 years -- until the FDR reforms, which averted crises for 50 years, with the essential ones being putting in place bank deposit insurance (FDIC), keeping banks from risky activity (loosened with Glass-Siegal), and some SEC regulations. The characterized the last decade of deregulation as "pulling threads" from a successful financial safety net," with the net becoming weakened by each falling away from these successful principles and producing in sequence the savings and loan crises, Enron, and now our current crises.

Brilliant!

[lyonn]

3. She needs to be on a Sunday show, in particular

Meet the Press with David Gregory. He is such a repub yes "boy". She would only confuse him, he seems a bit of a dullard (is that a real word?).

[BlooInBloo]

4. Agreed.

[annabanana]

10. Gregory is the dullest of dullards... He would be completely

confused by her. (Actually it would be amusing to watch him pretend to comprehend what she was saying)

[slipslidingaway]

5. The interview on with Scarborough should also be seen...

she is really trying to inform the public.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5467207&mesg_id=5467207

Direct link to video and article.

http://www.wowowow.com/money/bailout-watchdog-elizabeth-warren-more-accountability-needed-bailed-out-banks-video-268329

"...It’s also vitally important Americans be kept informed of how their taxpayer dollars are being used, she said. If they’re not, then "the decisions that are made, will not be the best made for them."

Watch Warren’s interview below:"

see link above

[BlooInBloo]

6. Oh nice - thanks for the link!

[slipslidingaway]

7. YW, she is right about the stress tests IMO n/t

[Ishoutandscream2]

8. You could see her nervousness initially

But boy, did she close big! Like Jon said, it made sense to me and I felt better afterwards.

[slipslidingaway]

9. kick n/t

[williesgirl]

11. kick