Elizabeth Warren: system must be fixed or game really is over for middle class

Discussion in 'Economy' started by Bfgrn, Jan 27, 2010.

  1. Bfgrn
    Offline

    Bfgrn Gold Member

    Joined:
    Apr 4, 2009
    Messages:
    16,829
    Thanks Received:
    2,480
    Trophy Points:
    245
    Ratings:
    +3,060
    Video: Elizabeth Warren | The Daily Show | Comedy Central

    On Tuesday night's Daily Show, bailout watchdog and financial reform advocate Elizabeth Warren told Jon Stewart that "this is really the moment" that will determine the future of America's middle class -- the system must be fixed or "the game really is over."

    Warren, who chairs the Congressional Oversight Panel created to monitor TARP, said: "It is simple. This is America's middle class. We've hacked at it and chipped at it and pulled on it for 30 years now. And now there's no more to do. Either we fix this problem going forward or the game really is over."

    Warren has been the TARP oversight chair since November 2008, and Stewart asked her why the system hasn't been fixed yet.

    "Well, these guys really do get it." Warren told Stewart -- the CEOs, bankers, and people in power -- "They get it. And they work best behind closed doors." If the decisions are in their hands, she said, "Nothing, nothing will change. You know, I want to turn to these guys sometimes, and I want to say: what part of 'we bailed you out' do you not get? These are people who would not have their jobs because they would not have their companies."

    "The chips are all on the table," Warren added. "We are going to write what the American economy looks like for 50 years going forward. And right now the CEOs have any real change bottled up in the Senate."
     

Share This Page

Search tags for this page

eliz warren the game is fixed