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madfloridian

(88,117 posts)
Fri Jul 17, 2015, 02:53 PM Jul 2015

Elizabeth Warren weighs in on primary..NetrootsNation.

You can follow the events at Netroots Nation at Twitter Feed

I gather from a Tweet there that Warren used the term "billionaire sugar daddies." Waiting for context...but I love it.



The New Republic has more about her speech there today.

Elizabeth Warren Challenges Hillary Clinton to Stop the Revolving Door

At the Netroots Nation convention on Friday, Senator Elizabeth Warren delivered a direct challenge to Hillary Clinton and all Democratic presidential campaigns to support legislation that would end the “revolving door” between top government positions and corporate America.

“Anyone who wants to be president should appoint only people who have already demonstrated they are independent,” Warren said to the progressive convention-goers, “who have already demonstrated that they can hold giant banks accountable, who have already demonstrated that they embrace the kind of ambitious economic policies that we need to rebuild opportunity and a strong middle class in this country.”

This is the first time Warren has decided to engage in the presidential election, which activists tried for months to get her to enter. Instead of asking candidates to endorse one of her particular policies on bank reform or student loans, Warren is focusing on the personnel who will implement those policies. It’s a notable choice that dovetails with Warren’s interest in ensuring that executive branch appointments will not tip the scales in favor of Wall Street or private industry, seen most directly in the fight to block Antonio Weiss from the No. 3 position in the Treasury Department. Warren raised the profile of Weiss, a longtime bank executive, enough for the administration to revoke his nomination.

“Sure, laws matter. But it also matters who interprets those laws, who enforces those laws,” Warren said. “Think of it this way: How would the world be different today if, when the economic crisis hit, Joe Stiglitz had been secretary of the Treasury and Simon Johnson and Robert Reich had been key economic advisers?”


Also Raul Grijalva called Sheriff Joe a "criminal with a gun." He welcomed Netroots Nation to Arizona.

46 replies = new reply since forum marked as read
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Elizabeth Warren weighs in on primary..NetrootsNation. (Original Post) madfloridian Jul 2015 OP
Summarizing morning events at Twitter madfloridian Jul 2015 #1
no wonder she and Obama are at odds Nevada Blue Jul 2015 #10
They are at odds because Obama's appointments weakened his administration. JDPriestly Jul 2015 #40
I like BHO a LOT Cosmocat Jul 2015 #43
That sums it up nicely. tazkcmo Jul 2015 #45
He has done a lot of good things, but his appointments to Commerce, Treasury and related JDPriestly Jul 2015 #46
Grijalva is co-chair of the Congressional Progressive Caucus, of which Sanders is a founder and a merrily Jul 2015 #2
"Personnel is policy" Prism Jul 2015 #3
It is the perfect way of making her point BrotherIvan Jul 2015 #7
Amen..... daleanime Jul 2015 #12
OR Eric Holders, diligently making sure that their past and future clients hifiguy Jul 2015 #30
No more Eric Holders frylock Jul 2015 #34
Yes. Always has been but people generally do not pay attention to those details. mmonk Jul 2015 #44
Imagine if we had had a AG who prosecuted Banksters instead of working for them n2doc Jul 2015 #4
Thank you. I was wondering what was happening at Netroots Nation. sabrina 1 Jul 2015 #5
Can't find the list of speakers. Searched site and Twitter feed. madfloridian Jul 2015 #6
He and O'Malley are Saturday BrotherIvan Jul 2015 #8
Thank you, I knew all the candidates, except for Hillary, would be there, but sabrina 1 Jul 2015 #22
Found mention of speakers....Sanders and O'Malley madfloridian Jul 2015 #9
Thanks, just saw Brother Ivan's post. I think he is going to get a great welcome sabrina 1 Jul 2015 #23
Yes, huge support at Dkos madfloridian Jul 2015 #25
That's exactly what it is...a fight, a very real fight. Something democrats have forgotten how to do haikugal Jul 2015 #26
You Go Girl! SoapBox Jul 2015 #11
Martin O'Malley already led on her challenge to confront Wall St, and the revolving door bigtree Jul 2015 #13
Thanks bigtree. mmonk Jul 2015 #16
Good, Bernie has been working for this for years also. Biden is now joining the calls to sabrina 1 Jul 2015 #24
++ frylock Jul 2015 #35
K&R CharlotteVale Jul 2015 #14
HUGE K & R !!! - THANK YOU !!! WillyT Jul 2015 #15
Kick! FloriTexan Jul 2015 #17
K & R! nt mother earth Jul 2015 #18
This is how you do it. nt artislife Jul 2015 #19
PuenteAZ and NetrootsNation rally against against Arpaio madfloridian Jul 2015 #20
What an example Elizabeth Warren sets democrank Jul 2015 #21
Kick for Raul Grijalva--the one bright spot in Az politics panader0 Jul 2015 #27
The Twitter feed is fascinating. madfloridian Jul 2015 #28
I like the tweet about registering to vote artislife Jul 2015 #32
I loved the pics of the march up to Arpaio's jail. Impressive. madfloridian Jul 2015 #37
K&R azmom Jul 2015 #29
Here's the video of her keynote this am~ RiverLover Jul 2015 #31
Thanks, was looking for that. madfloridian Jul 2015 #36
A vote for Hillary is like a vote for Goldman Sachs into the White House... the absolute last thing whereisjustice Jul 2015 #33
Recommend...Bookmarked... KoKo Jul 2015 #38
Warren's comments are especially apropos when you consider the case of Eric PatrickforO Jul 2015 #39
K&R emsimon33 Jul 2015 #41
K&R nt raouldukelives Jul 2015 #42

madfloridian

(88,117 posts)
1. Summarizing morning events at Twitter
Fri Jul 17, 2015, 03:03 PM
Jul 2015
http://www.netrootsnation.org/nn_events/nn-15/morning-keynote-senator-elizabeth-warren/

"I'm here to make an announcement to insider Washington: America is far more progressive than you are." - @SenWarren at #NN15 #p2


At #NN15 @SenWarren : On trade, the American people are progressives and do not support making it easier for corp. to ship jobs overseas
2:12 PM - 17 Jul 2015


Revolving door btwn govt and banks like citigroup has compromised democracy - "personnel is policy" - @SenWarren at #nn15


Nevada Blue

(130 posts)
10. no wonder she and Obama are at odds
Fri Jul 17, 2015, 03:29 PM
Jul 2015

These statements are direct shots across the bow of his Administration.

JDPriestly

(57,936 posts)
40. They are at odds because Obama's appointments weakened his administration.
Sat Jul 18, 2015, 02:43 AM
Jul 2015

Terrible choices in his economic appointments. Just terrible.

He has done some good things, but the TPP -- with so many corporate advisers appointed to help negotiate it -- and his economic appointments are really bad. They have hurt not just our country but the world.

and Bill Clinton's signing the repeal of Glass-Steagall and appointing so many bankers to economic positions hurt us too.

These positions should be filled with academics in economics and law and auditors, not with revolving door bankers.

JDPriestly

(57,936 posts)
46. He has done a lot of good things, but his appointments to Commerce, Treasury and related
Sat Jul 18, 2015, 07:21 PM
Jul 2015

cabinet posts were terrible. Some of his other appointments weren't very good either.

merrily

(45,251 posts)
2. Grijalva is co-chair of the Congressional Progressive Caucus, of which Sanders is a founder and a
Fri Jul 17, 2015, 03:07 PM
Jul 2015

member --the only Senate member--and which Sanders chaired for his first 8 years in Congress. It is the largest caucus in Congress, other than the Republican Caucus and the Democratic Caucus.

 

Prism

(5,815 posts)
3. "Personnel is policy"
Fri Jul 17, 2015, 03:08 PM
Jul 2015

Man, that is succinct and to the point. Easy to say, easy to understand, easy to explain.

No more Tim Geithners.

 

hifiguy

(33,688 posts)
30. OR Eric Holders, diligently making sure that their past and future clients
Fri Jul 17, 2015, 09:37 PM
Jul 2015

are never even charged, much less jailed.

n2doc

(47,953 posts)
4. Imagine if we had had a AG who prosecuted Banksters instead of working for them
Fri Jul 17, 2015, 03:10 PM
Jul 2015

Yep. She is exactly right.

sabrina 1

(62,325 posts)
5. Thank you. I was wondering what was happening at Netroots Nation.
Fri Jul 17, 2015, 03:14 PM
Jul 2015

Bernie will be there also I understand.

I think we are now at a time when people, even those who are prominent in politics must stand up and fight for this country.

sabrina 1

(62,325 posts)
22. Thank you, I knew all the candidates, except for Hillary, would be there, but
Fri Jul 17, 2015, 05:26 PM
Jul 2015

wasn't sure when. I will be looking out for his speech, I have a feeling he is going to get a very warm welcome there.

madfloridian

(88,117 posts)
9. Found mention of speakers....Sanders and O'Malley
Fri Jul 17, 2015, 03:19 PM
Jul 2015
Oh yeah – there are three “big” names scheduled to speak (and the others are pretty “big” in their own right) – US Sen. Elizabeth Warren (Friday) and presidential candidates US Sen. Bernie Sanders and former Maryland Governor Martin O’Malley (Saturday at a “town hall” event moderated by journalist, filmmaker and immigration activist Jose Antonio Vargas)


http://blogforarizona.net/netroots-nation-2015-is-here/

sabrina 1

(62,325 posts)
23. Thanks, just saw Brother Ivan's post. I think he is going to get a great welcome
Fri Jul 17, 2015, 05:27 PM
Jul 2015

there, he has a huge support following on DK probably most of the members there, like here, support him. Kos of course is going with the status quo, as always.

haikugal

(6,476 posts)
26. That's exactly what it is...a fight, a very real fight. Something democrats have forgotten how to do
Fri Jul 17, 2015, 05:43 PM
Jul 2015

as has been demonstrated all too often!

Stand and fight!

bigtree

(86,005 posts)
13. Martin O'Malley already led on her challenge to confront Wall St, and the revolving door
Fri Jul 17, 2015, 04:02 PM
Jul 2015
Matt Corridoni ?@mattcorridoni 32m32 minutes ago
@MartinOMalley has already been LEADING on what @SenWarren is calling for re: Wall St. reform



Lis Smith ?@Lis_Smith 3m3 minutes ago
@ThePlumLineGS & @Phil_Mattingly who said @MartinOMalley "has set a new standard...when it comes to Wall Street” http://www.bloomberg.com/politics/articles/2015-07-09/martin-o-malley-had-a-footnote-mishap-but-don-t-overlook-the-policy


This much is clear from the early weeks of Martin O'Malley's presidential campaign: he is positioning himself as the bane of Wall Street's existence. He attacked Goldman Sachs Chief Executive Officer Lloyd Blankfein during his campaign announcement speech. He's repeatedly used his stump speeches to call for more restrictive Wall Street regulation and more concrete consequences for executives at the helm of the largest banks during the 2008 financial crisis.

"If you—and your megabanks—which we, the American taxpayer, saved want to begin to restore the confidence in your leadership, you need to start by saying two things: “we’re sorry” and “thank you,” O'Malley, the former Maryland governor, wrote in an open letter to Wall Street released Thursday by his campaign.


The paper itself is worth digging into, however, both on policy grounds and for the politics. As Democrats look for an opening to attack front-runner Hillary Clinton, a "get tough" stance on Wall Street has become a must-have for Democratic candidates in the race. Clinton herself has taken a sharp tone, particularly when it comes to hedge funds, yet early state polling does show concern among Democratic voters about her willingness to take on the largest banks. Vermont Senator Bernie Sanders has surged in recent weeks. There has been some thought that part of that surge has been due to Sanders' ability to attract some potential voters who had been holding out for a run by Senator Elizabeth Warren, the Massachusetts Democrat who has been Wall Street's Public Enemy No. 1 since before she was even elected...

What makes O'Malley's white paper interesting is not just the clear appeal he's making to the so-called "Warren wing," but his willingness to take a deep dive into financial arcana to do so. Breaking up the banks is a great topline call to the base, but talking about the Justice Department's positions on deferred prosecution agreements or cracking down on how the Securities and Exchange Commission votes on waivers for financial institutions that have run into legal trouble? What about requiring the general counsel of the Federal Reserve to be a presidential appointee? Not so much. But these are absolute siren calls to the types of progressive policy wonks for whom Warren has held such appeal. For groups like Americans for Financial Reform, or Better Markets or the series of high profile, and very knowledgeable, individuals who write regularly on these topics from the left, these are the types of proposals they have been pushing, with little to no traction inside the Obama administration, for years.

These individuals and groups are motivated by policy—these policies specifically—and bring along with them equally motivated followings. With the exception of one commissioner at the Securities and Exchange Commission and a few senators on Capitol Hill, their voices often are ignored. O'Malley, on the other hand, is embracing them in full. And his willingess to get wonky could have a payoff: When spoken about in broad terms, those policies, which are centered on the perception of unfairness and politically connected corporate giants being let off the hook, can also sound pretty good out on the campaign trail.


read more: http://www.bloomberg.com/politics/articles/2015-07-09/martin-o-malley-had-a-footnote-mishap-but-don-t-overlook-the-policy

related:

Martin O'Malley wrote an op-ed in March highlighting his opposition to Wall Street excesses
http://dmreg.co/1DELzHL

Lis Smith ?@Lis_Smith 16m16 minutes ago
@ThePlumLineGS Just ask @BetterMarkets who said: “@MartinOMalley has already led the way” on Wall St Reform https://www.bettermarkets.com/newsroom/what-hillary-clinton-didnt-say-her-economic-policy-speech

Martin O'Malley ?@MartinOMalley 2m2 minutes ago
"I am in favor of re-instituting Glass-Steagall & putting more cops on the beat on Wall Street." #NewLeadership



Lis Smith ?@Lis_Smith
Btw- here is our white paper- 10 pages w/deep dive policies on both structural/accountability reforms http://martinomalley.com/wp-content/uploads/2015/07/OMalley-Wall-Street-Reform.pdf

sabrina 1

(62,325 posts)
24. Good, Bernie has been working for this for years also. Biden is now joining the calls to
Fri Jul 17, 2015, 05:30 PM
Jul 2015

get money out of politics. The more Dems who get on board with those who have been working tirelessly for so long, but often were the lone voices in Congress, like Bernie, the more who start listening to the people the better.

madfloridian

(88,117 posts)
20. PuenteAZ and NetrootsNation rally against against Arpaio
Fri Jul 17, 2015, 04:57 PM
Jul 2015

Huge turnout for @PuenteAZ's march to 4th Ave jail to demand #ArpaioFreeAZ! #Not1More #ICEfreeAZ #NN15



From @ABC15Arizona

panader0

(25,816 posts)
27. Kick for Raul Grijalva--the one bright spot in Az politics
Fri Jul 17, 2015, 05:55 PM
Jul 2015

Reading Warren's statement as a challenge to Clinton makes me wonder if she's a closet Bernie fan.

 

artislife

(9,497 posts)
32. I like the tweet about registering to vote
Fri Jul 17, 2015, 09:55 PM
Jul 2015

OT

My sister in law is an immigration lawyer who has helped a lot of children at the border.

She is my hero.

madfloridian

(88,117 posts)
37. I loved the pics of the march up to Arpaio's jail. Impressive.
Fri Jul 17, 2015, 11:03 PM
Jul 2015

I bet they were seeing oppressive midday heat they were not used to. Some had papers over their heads to beat the sun. I want to go to NN one year.

whereisjustice

(2,941 posts)
33. A vote for Hillary is like a vote for Goldman Sachs into the White House... the absolute last thing
Fri Jul 17, 2015, 10:29 PM
Jul 2015

America needs right now is another slick Wall Street shill running for office.

If she wants to run as a Republican with tax incentives, TPP, NAFTA and trickle down voodoo bullshit as a campaign strategy she should run as a Republican and take DWS with her.

PatrickforO

(14,586 posts)
39. Warren's comments are especially apropos when you consider the case of Eric
Sat Jul 18, 2015, 02:13 AM
Jul 2015

Holder, who steadfastly refused to prosecute any of the big Wall Street guys for ruining so many lives and making a shambles of the world's economy for a couple years. But hey, now he's gone to work for JP Morgan Chase for...get this...$77 MILLION!!!

I mean, think about that.

Makes me want to

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