73 votes

Elizabeth Warren Asks The Most Obvious Question Ever And Stumps A Bunch Of Bank Regulators

Elizabeth Warren EMBARRASSES Bank Regulators At First Hearing

Video:

http://youtu.be/2F6YkBa_Tig

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Ms. Warren, a big gov't socialist gets 73 votes on DP. Hmmm?

Now that's embarassing. Apparently, there's a lot of liberty hating trolls hanging out at The Daily Paul. I support their right to free speech, but if we're going to build alliances with socialists, we should include those who are calling for Obama to be impeached for violating the Constitution. Check out this video of Daniel Ellsberg saying NDAA ia an impeachable offense.

http://www.dailypaul.com/275195/what-can-a-constitutionalist...

http://www.dailypaul.com/277342 (Rand Paul: One person can make a difference)
http://www.StandUpForYourRights.me/?p=1264 (Fast and Furious hearing)

Building alliances

Though I do not agree with everything she says and/or does...I feel there is certainly room for us to build alliances with folks like Warren. She speaks some serious truths to power and that's what initially attracted many of us to RP. We may have different approaches to solving these problems but at least folks like Warren are willing o brazenly talk openly about these problems that most politicians won't even discuss.

Solution

Let individuals extricate themselves from coercive governmental departments/programs etc, while enjoying the principled agency to exercise one's free prerogative regarding the public domain and civil sectors

http://www.facebook.com/FreeDominionPoliticalParty

Government regulators failing

Government regulators failing to regulate Big Banks since they are obviously in bed with them...gee what a surprise? And the ostensible answer is more regulation....??? What is this, the twilight zone?

Yet we who advocate contract rights and fraud as a legitimate, age-old solution to bank regulation are called kooks.

System is nothing more than a typical bribery format

Dog and pony show. Banks pay paltry settlement fines so it appears that they are being punished. The amount is so insignificant compared to the crime it is but a slap on the wrist and really nothing but a small interest payment for allowing the practice to continue. Theater like this makes it look like the government gives a shit, but they don't as long as the banks keep throwing an offering the the government collection plate so these puppets are appeased. Whole system is a joke.

beephree

Warren vs Clinton

I think if Hillary runs in 2016 she is gonna have to share the debate stage with Elizabeth Warren. I think Warren could beat Clinton on the Dem side.

DISCLAIMER:
http://youtu.be/2n34eeXWjUQ

Fancy Shmancy Fine Print:
http://youtu.be/plIH98Kxu58

I don't know why this is on the front page

...just another leftist politician under the impression (or pretending to believe) that regulations are about protecting consumers. I'd rather like to see a libertarian questioning Warren about why it is that regulation *just happens* to invariably cartelize the industries regulated for the benefit of the largest and most politically connected of the firms in that industry, and why it is that these firms just *coincidentally* are the ones who lobbied for the regulations in the first place.

"Alas! I believe in the virtue of birds. And it only takes a feather for me to die laughing."

going to trial, rule of law

Warren is fighting a good fight here. It is important to prosecute fraud, theft, etc. Especially like her point against too big too fail when she says too big to fail is often too big for trial.

I'm glad to see this video.

Fraud

can mean a lot of things. What do you do when the entire system is a fraud. Printed money flowing through the banks and into all sorts of distortions. I think she is confused and really doesn't see the big picture.

"Endless money forms the sinews of war." - Cicero, www.freedomshift.blogspot.com

Elizabeth Warren Is The Fed

Ms. Warren is a big supporter of Dodd-Franks's Consumer Financial Protection Bureau (CFPB). Guess what organization the CFPB is part of. That's right, the Federal Reserve. The same Fed that created the subprime bubble is supposed to protect the financial interests of consumers. HA! And Elizabeth Warren is selling this ridiculous lie.

During a Congressional hearing on the CFPB, Rep. Sean Duffy said the original name of Dodd-Frank was the "Wall Street Reform Act", but it should be changed to the "Main Street Reform Act" because the CFPB is placing costly regulations on community banks while doing nothing to reign in Wall Street. Rep. Mike Grimm told the CFPB director, "you should be medicated" if you think the CFPB is going to protect consumers. You can find links to this hearing in my post "Fraud and the Federal Debt".

http://www.standupforyourrights.me/?p=1047

http://www.dailypaul.com/277342 (Rand Paul: One person can make a difference)
http://www.StandUpForYourRights.me/?p=1264 (Fast and Furious hearing)

Hey Mr. One day member Sen.

Hey Mr. One day member Sen. Warren is not the Fed

Ms. Warren Is Not The Fed?

I understand your point Miguel, it would've been more accurate for me to say Ms. Warren is a Fed tool, or a front for the Fed. What I'm pointing out is that the left/right paradigm is a front for financial elites who essentially control both parties. The left/right paradigm is used to play both sides of an issue as a means to divide and conquer the people. In the video, Warren is playing the good cop and regulators are the bad cops. And the good cop, bad cop routine is performed by individuals who are on the same team.

The title of my website is "Citizens United: Government of, by and for The People, not superpac's". The objective is to expose the left/right paradigm as a fraudulent scheme and unite concerned citizens who've fallen prey to this divisive strategy. The URL of my website is:

http://www.standupforyourrights.me

http://www.dailypaul.com/277342 (Rand Paul: One person can make a difference)
http://www.StandUpForYourRights.me/?p=1264 (Fast and Furious hearing)

Warren is not a Fed tool nor

Warren is not a Fed tool nor a front for the Fed. Have you been following her career? She is learning along with the rest of us about the creature from jekell island. I don't agree with her all the time, a friend of the Fed she is not. She along with us do not trust the Fed. She is a solid yes vote on a Full Audit of the Fed

Mark Hansen is right. Welcome to the DP!

1 day? So what? It's the truth. Look up his claims. I did, only took a few min of my time to see that what he said in his post is truthful. Both of us are DP'ers of over 5 years, and I most humbly and respectfully encourage you to pls welcome new members. Don't make them feel unwelcome on their 1st day pls. Thanks man. New blood makes us stronger.

Welcome to the DP Mark Hansen!

I applaud Warrens 1 liners on asking when a wall street banker was taken to trial, however, that's just red meat for the democrats. Therefore, even liberaltarians, (former dems turned libertarian who still hold some progressive views), but not constitutionalists and peleo-conservatives, are going to eat from her trough when she says something we all want to hear. That doesn't make her an ally by a long shot. She's pro-fed. "Government is the answer to wall street", etc. Not a true free market champion. Don't be fooled DP. Is bringing wall street bankers to trial an issue we can work with her on? Absolutely! That's what Ron would do. Rand worked with Feinstein on adding provisions to the NDAA to protect us from indefinite detention. Did he work with her on her anti-2nd amendment bill? Hell no!

Defense has no further questions, your honor. Prosecutor, your witness.

Thanks for your time DP.

Egads! It's Ms. "Underlying Social Contract"

"There is nobody in this country who got rich on his own. Nobody. You built a factory out there - good for you. But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn't have to worry that marauding bands would come and seize everything at your factory... Now look. You built a factory and it turned into something terrific or a great idea - God Bless! Keep a Big Hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along." - Elizabeth Warren
http://www.youtube.com/watch?v=hOyDR2b71ag

Freedom is not: doing everything you want to.
Freedom is: not having to do what you don't want to do.
~ Joyce Meyer

My Response

F You. I built it. I didn't compel your tax slaves to build me roads, you did. Had I had the choice, I would have contracted for road use or rail service with private entities who neither give nor expect public charity, and paid for them using funds which were extorted from me in the form of involuntary taxes.

I didn't compel your tax slaves to educate my workers, either. You did. Had I had the choice, I would have either educated my workers on my own and in contract with them, in exchange for their labor, using the funds which you extorted from me as taxes. Or I would have hired workers who were privately educated, a choice they would have been free to make, using those same funds.

But I had no such choice. Nor did your tax slaves. Don't let's pretend that those roads and those educated workers could not have been provided by anything else but a government run system. They could have - only better, cheaper and easier - with no skin off the backs of anyone else unwilling to pay for them.

socialist Candidate for the President of United States 2016

Got her right on the front page.

Mark my words.

Now the Lord is that Spirit: and where the Spirit of the Lord is, there is liberty.
www.yaliberty.org - Young Americans for Liberty
www.ivaw.org/operation-recovery - Stop Deploying Traumatized Troops

Warren is a stinking commie

distracting the rubes from the real evil, the Fed.

most native americans

have a communal understanding of property.

Its not her fault it is her culture

Wasn't her

claim to being Native American found to be bogus (just like her economics?)? Commies lie. They have to.

yes

that is my understanding. I was hoping somebody would remember that

a few embarrassing questions

and that's about it. I doubt it goes any further than this, Warren is simply playing politics. I wish it were otherwise. We should support any efforts to bring these too big to fail banks some accountability though.

PattyFromTexas

Abolish the SEC? Sorry, not going to happen.

Although, they are pretty useless it does seem. Our tax dollars wasted again.

Fines are nothing more than a cost of doing business. Wall Street Banks and Government are always to big to prosecute.

and then you die

She is saying use government to attack business

It is populist talk and generates applause. However, she is not talking about the real problem. She would never promote a free market solution. Less government involvement is the answer, not more. Let banks fail when they get into trouble. Reduce government regulation to lower the barrier to entry into the banking business. Free market competition will reward good banks and give the death penalty to bad banks.

We all want progress, but if you're on the wrong road, progress means doing an about-turn and walking back to the right road; in that case, the man who turns back soonest is the most progressive.

-C. S. Lewis

Elizabeth Warren on the front

Elizabeth Warren on the front page of DP?? Really? Unbelievable.

Hahahahahahahaha, ROFLMAO.

That's how the banks react to such questions from the peasants.

The banking regulations were set up to protect the big banks and drive out of business the small ones. That's why we have the USDA, the FDA, etc., etc.

They are there to establish monopolies, because "competition is sin."

Here's the deal: the devil grants immunity (in this life), to those who serve him.

The banks have made their deal, and they have immunity.

Not that good law can drive out the bad, but we are what we are. A nation of evil people, only saved by God's wrath because of the faithfulness of some, albeit no doubt numbering into the millions.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a rEVOLution before tomorrow morning." - Henry Ford

There should be NO bank regulation.

Why should banks even be regulated? If someone decides to put their money in the bank, well that is their own choice. If it goes broke and they lose all of their money, well that was the consequence of their choice.

Don't see how the government should be getting involved. When in the Constitution does it talk about government regulating banks?

They shouldn't be, but we

They shouldn't be, but we live in a world where banks are given special privileges and the regulators are supposed to make sure they don't abuse them. In this, albeit screwed up world I want the regulators doing their job. At the same time, and as the ultimate solution I agree with you - deregulate - but before that can happen we must remove the privileges. Then the regulators can go, and we let the banks compete in the market.

Of course, we will never see this happen because the banksters own the policy makers.

Never trouble trouble til trouble troubles you. Fortune Cookie

Enforcing Regulation = More Power for the Government

In some cases the lack of enforcement translates to liberty. Take the case of the black market; what that means is that regulation is not being enforced. In my dictionary, the black market just means there is a free market, a libertarian market. So by letting the banks go unchecked will let some make mistakes, others will dabble in fraud, and many will go broke. Yeah people will lose a bunch of money, some will see their life savings dissapear, but in the long run things will be much better; only the most honest, efficient banks will be able to survive.

You are correct.

But we're talking about criminal acts committed by the banks.

She's asking the regulator (who YES work on an unconstitutional mandate), "When has fraud been punished by sending it to trial?"

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a rEVOLution before tomorrow morning." - Henry Ford