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Elizabeth Warren

letsgetitdone's picture

Ridiculing Concerns About TPP Tyranny: A Reply

People who support the Administration's efforts on the TPP have been known to reply to my posts on this subject by attempting to ridicule the scenarios I've presented as possible under the TPP Agreement as “out there” speculation of the tin foil variety that will never actually happen. For those who think that my examples of what is possible under the TPP are just this kind of speculation, please keep in mind that I don't have the proposed draft agreements to work from.

This is due to the President's decision to classify the drafts and seek Fast Track Authority before disclosing them more freely even to Congress for an up or down vote. However, there is no indication from anyone that the actual drafts of the agreement contain rules that would definitively prevent the possible very damaging consequences I've mentioned here for example. Read more about Ridiculing Concerns About TPP Tyranny: A Reply

letsgetitdone's picture

Indicting the Trans – Pacific Partnership: Even One of These Counts Is Sufficient to Vote to Kill It!

To really appreciate what a travesty the TPP is, and the scandal of the failure of our Congress to reject it, and the “Fast Track Authority“ sought for it, out of hand, I'm going to list 23 negative consequences that would likely follow from it. Any one of these, would, by itself be sufficient for any representative of the people, Senator or Congressperson, to vote to kill it. I'll offer this list in the form of stanzas appropriate for a chant, except for the starting point in the list.

The tune of the chant that might be used is the tune used for Dayenu, the passover seder chant in which Dayenu means “It would have been sufficient,” where the reference is to all the things the almighty is purported to have done for the Israelites on their way out of Egypt and during their wanderings in the Sinai. I'm sure the President is familiar with this chant since he has had seders at the White House more than once. I'm also sure that he never envisioned using Dayenu to highlight the horrors of one of his favorite projects, the passage of “Fast Track Authority,” the TPP, and other “free trade” agreements such as the TTIP, and the TISA, all of which would get “Fast Track Authority” if the present bill passes. Read more about Indicting the Trans – Pacific Partnership: Even One of These Counts Is Sufficient to Vote to Kill It!

letsgetitdone's picture

How Can Our Senators and Representatives Vote for Giving Away Our Monetary Sovereignty?

Right now the US fulfills the three essential conditions for monetary sovereignty: 1) it issues its own non-convertible currency, 2) which it allows to float on international currency markets; and 3) it owes no debts in any currency other than dollars. Because it is monetarily sovereign, and can always meet its obligations the US can never be forced into insolvency.

It can become insolvent due to Congressional decisions such as failing to raise or repeal the debt ceiling, or Executive decisions such as failing to use its platinum coin minting authority to fill the public purse and then pay its bills once it has reached the debt ceiling. But again, it cannot be forced into solvency by external financial or economic factors that are beyond the control of the Federal Government (including the Congress). Read more about How Can Our Senators and Representatives Vote for Giving Away Our Monetary Sovereignty?

letsgetitdone's picture

Elizabeth Warren: Better, But Not there Yet

In her recent post-election piece “It's Time to Work on America's Agenda” Elizabeth Warren points out that the changes in Washington and in various States aren't changing the fact that

The stock market and gross domestic product keep going up, while families are getting squeezed hard by an economy that isn’t working for them.

transcriber's picture

Full transcript of 4/11/13 Senate Independent Foreclosure Review hearing

Hearing video here

Senate Banking, Housing and Urban Affairs Committee
Financial Institutions and Consumer Protection Subcommittee

Hearing: Outsourcing Accountability? Examining the Role of Independent Consultants
Thursday, April 11, 2013, 10 AM - 12 PM Read more about Full transcript of 4/11/13 Senate Independent Foreclosure Review hearing

transcriber's picture

"And you're not going to tell the homeowners?" Elizabeth Warren to Fed and OCC, Senate hearing highlights

Elizabeth Warren, yesterday:

Hearing: Outsourcing Accountability? Examining the Role of Independent Consultants

Senate Committee on Banking, Housing and Urban Affairs, Subcommittee on Financial Institutions and Consumer Protection

Hearing info here.

The 2-1/2 hour hearing video is here.

Two videos, with transcripts, below: Read more about "And you're not going to tell the homeowners?" Elizabeth Warren to Fed and OCC, Senate hearing highlights

DCblogger's picture

The Democratic Party is irrelevant, example #79806341

http://twitter.com/aaronsw/status/121372370417102848 Read more about The Democratic Party is irrelevant, example #79806341

a little night musing's picture

Comment of the day

Departments: 

Commenter Jackrabbit on Matt Stoller's piece at Yves' place about the problematic process of crafting Dodd-Frank*:

Yes, it is interesting and instructive that the Obama Administration found the courage to fight for Bernanke (“Subprime is contained”) vs. the lack of interest to fight for Warren.

We’re not suppose to make these connections. It’s “settled business” as some dimwit recently commented the other day when castigating Yves because she wouldn’t STFU about Warren.

Yup. Read more about Comment of the day

Shocker: Elizabeth Warren no longer candidate for canonization

Depressing reading.

"Some bankers have told me that a simple contract is exactly what they want too," Warren said.

I bet.

The phrase "pound of flesh" comes to mind. Along with "first born" (Genesis 22:7). Those are simple contracts! Read more about Shocker: Elizabeth Warren no longer candidate for canonization

Teh stupid! It b-u-r-r-r-r-r-r-n-s!

Well, maybe "teh stupid" is too harsh. Naïveté? Useful idiocy? Brad DeLong quotes Zach Carter's post on Treasury leaks to Politico about what color Elizabeth Warren's painting the walls of her new office with. The subject line: "Tim Geithner Needs to Gain Control Over His Building" Read more about Teh stupid! It b-u-r-r-r-r-r-r-n-s!

Has Elizabeth Warren not been appointed yet?

Did I not get the memo? Then again, she isn't returning to Harvard, so where is she going?

No knock on Warren, but I don't think her appointment makes any difference either way, since she'll be put on a short leash by Rahm and surrounded by thuggish staffers, and FinReg is a farce anyhow. Read more about Has Elizabeth Warren not been appointed yet?

Classic headlines of our time

Izvestia: Consumers Clamoring for a Leader. Dear gawd.

I don't know what kind of politics are implied by that headline, but they sure aren't small-d democratic politics. Read more about Classic headlines of our time

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