2020 Democratic candidate Sen. Elizabeth Warren (D-MA), one of the frontrunners in the race, is delighted that Wall Street is growing fearful of a potential Warren administration.
That was a perfect response from Warren. Personally, I do wonder if the people panicking about her candidacy realize just how they are coming across in talks like these?
I can’t wait for the first clueless pundit to say, “Well, Elizabeth Warren may have made a major political mistake, since Wall Street executives are so beloved by the American voting public.”
i really love her response, she’s, got them running scared
Look I gotta tell you, when you get off the desk and talk to executives, they’re more fearful of her winning,” co-host Jim Kramer said.
Co-host David Faber also warned that if companies “want to get something done,” they should “think about doing it soon.”
“Come early to mid-2020, if Elizabeth Warren is rolling along, everybody is going to be like ‘That’s it’,” Faber said.
While I appreciate the GOP trolling, if McConnell still runs the Senate, a President Warren won’t be signing any new laws to rein in Wall Street…
The biggest surprise in all this was that anyone was watching CNBC when this went down.
I thought Kramer was declared brain dead years ago but was kept alive because he was too toxic for organ harvest.
I too was wondering that. Wasn’t he telling people to invest right before the crash?
But the GOP seems to be okay with Executive Orders and declarations of “national emergencies” for political purposes. Warren is smart and creative enough to use those procedures to f*ck with Wall Street.
I trust her and her competence.
That’s not to say we shouldn’t work like hell to turn the Senate blue and crush the Turtle.
She doesn’t necessarily need any new legislation in order to rein in Wall Street financial abuses. Reinvigorating the CFPB and unleashing the DOJ to enforce existing laws would both do wonders.
Warren has plenty of big legislative proposals, but she is also far and away the candidate with the best understanding of how she can (lawfully) wield executive power to get big things done.
And SCOTUS will slap that shit down with a quickness.
Bear Stearns is fine, you’d have to be crazy to sell.
Bear Stearns immediately implodes.
Here’s the clip:
"Co-host David Faber also warned that if companies “want to get something done,” they should “think about doing it soon.”
What is get something done? Sell, Short or order a hit?
^ This!
Prosecute them and make sure we imprison some where appropriate. These criminals view mere fines as just a cost of doing business. What they fear most is incarceration.
Obama made two giant errors at the start of his administration: Failure to prosecute for Bush-era war crimes and failing to prosecute for Wall Street’s very obvious financial crimes. But I’m not even really referring to criminal prosecution. Warren can make a huge difference just by making and enforcing regulatory law via DOJ and CFPB.
ETA: Treasury too.
Then let it be so. Let the hypocrisy of the current SCOTUS be on display for all to see. The hypocritical contrast between approving Trump’s declarations and ruling against President Warren’s should be brought right out into the open. SCOTUS has become the judicial arm of the Republican Party. Let’s make that fact manifest to everyone who harbors any illusions of their “fairness and impartiality”.
I think Wall street is far more frightened of Warren then they are of Sanders because Wall Street execs probably believe Sanders isn’t a real threat. Sure, Sanders talks a good show, but he has no practical abilities whatsoever. Wall Street probably thinks they could roll him without any trouble.
Warren, on the other hand, appears to know exactly what she’s talking about, and that scares the shit out of them.
Easy spin: Capitalism- hating communist attacks vital historic American business interests.
I remember him getting absolutely humiliated by Jon Stewart on the Daily Show a few years ago. It was probably even better than his takedown of Tucker Carlson