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View Diary: Senator Elizabeth Warren Strikes Nerve, Terrified Bankers Howl In Protest (186 comments)

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  •  Banks warn Senators; Publicity losers & winner? (6+ / 0-)
    Recommended by:
    eXtina, elwior, ozsea1, worldlotus, gustynpip, Woody
    "nobody believes ... honest"
    seemed to me, on first reading, to be unnecessarily harsh language by Senator Warren. But I came to a different view, helped by the response:
    "be taken seriously"
    This response seems to be a warning, to other Senators and politicians, not to join in Warren's confrontation of banks, despite the fact that banks are unpopular among many actual and potential voters, regardless of whether their other views are progressive, liberal, centrist, conservative or libertarian, etc.

    Directing this response primarily at Warren herself would not be very logical, because she already knows that the banks regard her as their No. 1 enemy among high officeholders.

    Who does not already know this? Low information voters (and vote-eligible non-voters).

    How can they be made aware of this? What better way than a public argument about whether banks'  books are "honest".

    Such a public argument is the last thing that the banks want, as they hope for public memories to fade on their role in the financial crisis and their sweetheart bailouts.

    If mainstream media label Warren as an "extremist enemy of banks", the resulting damage (if any) to her would be little.

    They can weaken Warren by ignoring her.  If they stop reporting on her comments and questions in Senate committee hearings, then it might be useful for her to publicly issue challenges to prominent bankers to engage in televised debates.  If they decline this challenge, then publicizing the question "what are they hiding?" will resonate deeply with many actual and voters throughout the country, regardless of whether they self-identify as Progressive, Democratic, Republican, Independent or Tea-Party.

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