Pretty Much Proves Progressives Right

I suppose it's unsurprising that Wall Street would prefer Trump to Warren, but it's hard to read this article about it without coming to a couple pretty simple conclusions:

1. The people who are "Wall Street" are stupid and greedy.
2. We really need someone like Elizabeth Warren to crack down on them.

There's really a lot to unpack in the first one, but an oversimplification is that a stable economy that helps everyone, even one with higher taxes on rich people is better than an unstable economy that primarily benefits rich people and this is true EVEN FOR RICH PEOPLE.  Yes, rich people may not make quite as much in said stable economy but on the other hand, they don't need to worry about torches and pitchforks, which is where we're headed. 

There were lots of stupid things there too: Warren is not a socialist and is actually more of a capitalist than many of the other Democratic contenders.  Pro-Wall Street isn't actually capitalist.  The economy we have with Wall Street as some form of center is pretty severely distorted from capitalism.  If it were actually capitalist there probably wouldn't be a single surviving [major] Wall Street institution following the financial crisis.  Gains going private and losses being eaten by the public is not capitalism. 

The fact that those people belive the crap they're spewing and the fact that they would prefer Trump speaks pretty strongly for how corrupt and vile they are.  They need far more regulation than they have been subject to. 

Elizabeth Warren is Awesome!

They were talking on the radio about the Wells Fargo CEO taking "responsibility" which, I thought, was odd, since, he still has the job, and all the money he's earned, and will continue to make lots of money and get a big bonus.  I'm not sure what kind of "responsibility" he is taking other than saying the words.  So Sen. Warren tore into him and I feel (somewhat) better about things.

I Hope This Conclusion is Right

This is a great tear-down of Timmy's play time at the Fed and Treasury.  It ends rather optimistically and I really hope that is correct.  It does seem that Democrats are moving away from corruption (while the GOP is ready to hop in and scoop up the leavings).  Still, one Senator Elizabeth Warren does not a movement make. The Democratic party (and, frankly, the US) needs more of her.

Elizabeth Warren is Awesome

I'm not really sure it's anti-government left so much as anti-establishment left, as she--and her supporters--is a very big supporter of government (to regulate, equalize, level the playing field...).  She just thinks it's currently broken.