Thursday, April 16, 2015

Senator Warren on corrupt government regulators

She's not only on the case of a rigged financial system but also those who are supposed to police it. See the below video where she rightly reams said regulators for not bringing criminal prosecutions for blatantly criminal activity. She soundly refutes the spurious regressive argument that regulations are anti-business, noting that legitimate rules make markets run well for everyone, not just the few. She says the real argument is between crony or competitive capitalism. And the former has pretty much bought its way out of trouble and into the bank accounts of said regulators in a despicably corrupt system.

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