A proper Senate confirmation hearing for Elizabeth Warren would allow her to explain in clear terms how "too big to fail" banks are are now involved in a hugely dangerous government subsidy scheme that presents a serious, nontransparent threat to consumers.
Progressives cannot afford to take the attitude that with Bill Daley as White House Chief of Staff, all is lost and we should just give up on trying to influence policy and politics in regards to economics and other issue areas.
People interviewed in Inside Job claim that finance professionals deserve their money. But can someone rationally argue that someone earning $30 million/year works 1,000 times harder than someone earning $30,000/year?
Congressional Republicans are apparently intent on a big showdown with Elizabeth Warren over the new Consumer Financial Protection Bureau (CFPB). This is very good news for the White House, if they use this opportunity wisely.