The world may need more Canada, but it also needs more Elizabeth Warren. A tireless defender of the unrepresented, i.e., the majority of Americans, the Democratic Senator, as you will see in the following videos, is relentless in her systematic pursuit and evisceration of the self-serving rhetoric of Wells Faro CEO John Stumpf as he avers complete innocence in the scandal that has rocked his institution.
First, some brief background which saw the bank firing some 5300 frontline employees
roughly 1 percent of its workforce — for signing up customers for checking accounts and credit cards without their knowledge. Authorities said about 2 million sham accounts were opened going back to 2011, complete with forged signatures, phony email addresses, and fake PIN numbers — all created by employees who were hounded by supervisors to meet daily account quotas. The bank then charged customers at least $1.5 million in fees for the bogus accounts.
The greater scandal is that Ceo Stumpf knew about this practice going back to at least 2013 and did nothing. Indeed, his performance bonuses only grew, and Carrie Tolstedt, who oversaw the banking division responsible for the fake accounts, just left in July with a $125 million retirement package.
The following videos are brief; the first one shows Senator Warren masterfully outlining the parameters of, as she calls it, “this scam;” the second shows her eviscerating the no-longer-smug CEO.
. . . → Read More: Politics and its Discontents: Elizabeth Warren Eviscerates Wells Fargo CEO
Miscellaneous material for your mid-week reading.- Norman Farrell highlights how following the reversal of the HST transition, B.C. businesses haven’t given up on their goal of making sure that only individuals pay consumption taxes. – Jordan Press and… . . . → Read More: Accidental Deliberations: Wednesday Afternoon Links
Recently, U.S. Senator Elizabeth Warren, a woman I much admire, released a five-minute video that takes aim at the Trans Pacific Partnership, specifically denouncing the Investor State Dispute Settlement provisions that give corporate entities the righ… . . . → Read More: Politics and its Discontents: Elizabeth Warren On The Trans Pacific Partnership
Hillary Clinton will return to Ohio on Monday with Elizabeth Warren in tow. As Democrats sharpen their general election argument against Donald Trump, it will be their first joint appearance on the campaign trail. Read more… . . . → Read More: Cowichan Conversations: Hillary Clinton will return to Ohio on Monday with Elizabeth Warren in tow.
I readily admit to not following U.S. politics too closely; my emotional resilience has limits. However, given the American media saturation coverage of Donald Trump and Hilary Clinton, it has been hard to ignore the run-up to their respective parties’… . . . → Read More: Politics and its Discontents: Some Fascinating Speculation
Start at about the 2:40 mark, and you’ll see how she does it:Recommend this Post . . . → Read More: Politics and its Discontents: Elizabeth Warren Dissects Donald Trump
This and that for your Tuesday reading.
– Elizabeth Warren reminds us (PDF) that previous trade agreements were packaged with the same promises of labour and environmental standards being used to sell the latest versions – and that there’s been no enforcement whatsoever of the elements of the deals which were supposed to protect the . . . → Read More: Accidental Deliberations: Tuesday Morning Links
This and that for your Tuesday reading.
– Will McMartin highlights the fact that constant corporate tax slashing has done nothing other than hand ever-larger piles of money to businesses who have no idea what to do with it. But Josh Wingrove reports that Justin Trudeau is looking for excuses to keep up the handouts . . . → Read More: Accidental Deliberations: Tuesday Morning Links
Not dead yet. The venerable Boston Globe has published an editorial urging a certain American to run for the presidency of the United States of America. The newspaper wants senator Elizabeth Warren to enter the race.
…the Democratic Party finds itself with some serious divides that ought to be settled by the electorate. Some are . . . → Read More: The Disaffected Lib: The Still Beating Heart of Progressivism
Assorted content for your weekend reading.
– Bryce Covert weighs in on the IMF’s latest study showing a connection between stronger trade unions and greater income equality: While it can be hard to say for sure whether the decline in unionization is a direct cause of growing income inequality, they found that it is a . . . → Read More: Accidental Deliberations: Saturday Morning Links
Assorted content for your Sunday reading.
– Joan Walsh discusses Elizabeth Warren’s work on improving wages and enhancing the strength of workers in the U.S., while Jeremy Nuttall interviews Hassan Yussuff about the labour movement’s work to elect a better government in Canada.
– Bob Hepburn argues that getting rid of the Harper Cons is . . . → Read More: Accidental Deliberations: Sunday Afternoon Links
This and that for your Sunday reading.
– Adam Lent highlights the strong majority of respondents in the UK who see the political system as serving the powerful rather than the public. And Elizabeth Warren explains why the same conclusion applies in the U.S., while making the case that there’s room to improve matters simply . . . → Read More: Accidental Deliberations: Sunday Morning Links
Former law professor and Senator Elizabeth Warren isn’t pulling any punches when she speaks of America’s highest court:
Look at the increasing corporate capture of the federal courts.
According to a recent study, the five conservative justices currently sitting on the Supreme Court are in the top ten most pro-corporate justices in a half . . . → Read More: The Disaffected Lib: Elizabeth Warren Attacks’s America’s ‘Bought & Paid’ For Supreme Court
In addressing a recent convention of the AFL-CIO, outspoken U.S. Senator Elizabeth Warren, about whom I have posted several times, offered some stirring words. Although directed to an American audience, her sentiments are equally applicable here, given the anti-union and anti-people demagoguery and practices of Mr. Harper’s regime at the federal level and Tim Hudak’s . . . → Read More: Politics and its Discontents: Elizabeth Warren Speaks
Although she is not one of ours, Democratic Senator Elizabethan Warren is one of those rare politicans who commands respect. Calm, even unflappable, and eminently logical, she handles herself with great aplomb in the following video as she defends her efforts to bring back the Glass-Stegall Act, legislation that was enacted as a response to . . . → Read More: Politics and its Discontents: A Politician To Respect
With each story that I read about her, my respect for Elizabeth Warren grows. Would that Canada had someone similar to inspire us. Recommend this Post
Earlier today, Owen at Northern Reflections, commenting on a piece by Joseph Stiglitz, wrote a post on student debt, a scourge on both sides of the border.
Here is a video of Democratic Senator Elizabeth Warren, for whom I have a great deal of respect, on her proposal for dealing with that scourge. Eminently . . . → Read More: Politics and its Discontents: Elizabeth Warren – Calm, Collected, Logical And Reasonable – A Rare Politician
Oh, how I do love it when the rhetoric of the right-wing is exposed for what it is: hysterical hyperbole.
Watch Robert Reich first as he punctures the myths regarding the ‘dangers’ of raising the minimum wage:
The look at Elizabeth Warren’s take on the same topic:
Recommend this Post . . . → Read More: Politics and its Discontents: Parsing The Rhetoric
If you want to see the face of progressivism, take a look at Elizabeth Warren. If you want to understand what progressivism in the 21st century is about, listen to her. And then ask yourself why we don’t have that sort of leadership.
Heavens to Betsy. Sen. Elizabeth Warren leapt from the gate of . . . → Read More: The Disaffected Lib: The Liberal Party Could Use an Elizabeth Warren or Two
If you think the big winners of Tuesday night’s election were Barack Obama and the Democrats, you’re wrong. Journalist, opinion writer, and author of two books on progressive politics, Amanda Marcotte, argues, convincingly, that the big … . . . → Read More: Canadian ProgressiveCanadian Progressive: U.S. Election 2012: There Was a War on Women, and the Women Won
With a straight face, Republican Senator Scott Brown told a crowd in Massachusetts this week that “oil companies don’t get subsidies” from the federal government. Brown tells us that, just like other companies, they are able to “take deductions,” but nothing more.
The League of Conservation Voters (LCV) was quick . . . → Read More: DeSmogBlog: Republican Senator Scott Brown Suffering From "Subsidy Amnesia"
A very intelligent piece in the NY Times on Elizabeth Warren’s run for Senate and in particular the expectations that are being placed on her: “Heaven Is a Place Called Elizabeth Warren.” I liked this part at the end that is a fair description of an affliction that happens in politics, too much investment in . . . → Read More: Impolitical: Elizabeth Warren and leaderitis
An angry man confronts Senate candidate Elizabeth Warren at the outset of a local volunteer meeting in Brockton, Mass. “You’re a socialist whore!” the unemployed Fox News viewer shouted, adding for good measure that her “boss” (presumably President Obama) was … Continue reading → . . . → Read More: Red Tory v.3.0.3: Elizabeth Warren v. Heckler
Emboldened and enraged by the demagogic politics that substitute for reasoned discussion in the United States, an unemployed man is shown misdirecting his anger at Democratic Massachusetts’ Senate hopeful Elizabeth Warren in the following video. Calli… . . . → Read More: Politics and its Discontents: Sticks and Stones…