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  4. Let’s all thank god Elizabeth Warren failed

Let’s all thank god Elizabeth Warren failed

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  • J Offline
    J Offline
    jon-nyc
    wrote on 14 Mar 2025, 20:18 last edited by jon-nyc
    #1

    Remember when she wanted all companies over $1B to require certification from the department of commerce? With annual recertification to ensure they were looking after all stakeholder interest?

    Imagine what Trump and Secretary Nutlick would be using that for right now.

    IMG_3615.jpeg

    IMG_3616.jpeg

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    • D Offline
      D Offline
      Danielfromwtf2
      wrote on 14 Mar 2025, 20:22 last edited by
      #2

      Dear God,

      Thank you for the failure of Elizabeth Warren.

      Amen.

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      • J Offline
        J Offline
        jon-nyc
        wrote on 14 Mar 2025, 23:49 last edited by
        #3

        😁

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        • B Offline
          B Offline
          Bernard
          wrote on 15 Mar 2025, 00:07 last edited by
          #4

          That's a silly argument jon-nyc. Autocrats use any and all rules, good or bad, to further their ends. It is no reflection whatsoever on the merits or lack thereof of Elizabeth Warren's proposal.

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          • J Offline
            J Offline
            jon-nyc
            wrote on 15 Mar 2025, 16:59 last edited by jon-nyc
            #5

            I disagree completely. I think any proposal to vastly increase the power of the executive branch has to be evaluated with an understanding that roughly half the time that branch will be led by someone who doesn't remotely share your policy goals. People on both sides tend to be oblivious to that. Right now the GOP is trying really hard to increase the power of the executive without thinking what President AOC might do with that power some day (or if not her, someone similar). Democrats with such proposals would do well to imagine what a President Vance or President Don Jr* might use it for.

            *I threw up in my mouth a little just typing that

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            • M Offline
              M Offline
              Mik
              wrote on 16 Mar 2025, 18:11 last edited by
              #6

              There is a reason our Constitution limits the power of all three branches and makes it difficult to get things done without consensus.

              Besides, all I need to know a bad idea is for Warren to think it’s a good one.

              “I refuse to answer that question on the grounds that I don't know the answer”
              ― Douglas Adams

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              • A Offline
                A Offline
                Axtremus
                wrote on 16 Mar 2025, 19:14 last edited by
                #7

                Extending "consumer protection" to financial products was and still is a good idea.

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                • J Offline
                  J Offline
                  jon-nyc
                  wrote on 16 Mar 2025, 19:55 last edited by
                  #8

                  Her attempt, somewhat successful, to isolate her org from democratic accountability was a horrible idea and one she tried to port elsewhere.

                  She’s has authoritarian instincts.

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                  • J Offline
                    J Offline
                    jon-nyc
                    wrote on 16 Mar 2025, 19:58 last edited by jon-nyc
                    #9

                    Remember ‘she has a plan for everything’?

                    Zoom out just a bit. What’s the practical difference between saying ‘she has a plan for everything’ and ‘there’s nothing she doesn’t want to control’?

                    I would argue they are simple Russell conjugates.

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                    • D Offline
                      D Offline
                      Danielfromwtf2
                      wrote on 16 Mar 2025, 21:11 last edited by
                      #10

                      She annoys me.

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                      • B Offline
                        B Offline
                        Bernard
                        wrote on 16 Mar 2025, 21:38 last edited by Bernard
                        #11

                        Ok, not a silly argument, sorry. But we cannot abolish attempts at regulating corporations just because the system could be abused by bad actors. Everything in the law can, and is, abused by despotic types.

                        Kudos to Elizabeth Warren for at least trying to come up with a solution.

                        Maybe a joint federal-state sort of program would work better.

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                        • S Offline
                          S Offline
                          Steve Miller
                          wrote on 16 Mar 2025, 22:17 last edited by
                          #12

                          Jon, what’s your take in the CFPB?

                          (God rest it’s soul.)

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                          • P Offline
                            P Offline
                            pique
                            wrote on 17 Mar 2025, 00:53 last edited by
                            #13

                            Yes, let's not allow anything that might interfere with unfettered capitalism.

                            That POV is what got us into this mess.

                            fear is the thief of dreams

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