Warren rips ‘revolving door’ between banks, government


The Arizona Republic has the story Warren rips ‘revolving door’ between banks, government.

“Wall Street insiders have enough influence in Washington already without locking up one powerful job after another in the executive branch of our government,” Warren told an adoring audience at the annual Netroots Nation gathering at the Phoenix Convention Center. “Sure, private-sector experience can be valuable — no one ever said otherwise — but there is a point at which the revolving door compromises the public interest. And we are way beyond that point.”

Before they quote the above words, the article said

In a not-so-subtle message to 2016 Democratic frontrunner Hillary Clinton, Warren, D-Mass., said anybody who wants to be president must commit to appointing to key economic positions such as Treasury secretary only those people who have demonstrated independence from Wall Street and a willingness to hold “giant banks” accountable.

It would be close to impossible for Hillary Clinton to make this commitment to avoid people with Wall Street connections in her appointments. Just look at who her husband appointed and who is advising her in the current campaign.

Not coincidentally, the article points out

Democratic presidential hopefuls Sens. Bernie Sanders of Vermont and Martin O’Malley of Maryland are expected to appear at Netroots Nation on Saturday. Clinton, a former Secretary of State, is not attending the convention. She was scheduled to speak in Iowa and Arkansas on Friday and Saturday, respectively.

When a Democratic contender is afraid to address an audience of the young, Democratic faithful, then you have to wonder why she is running for the Democratic nomination. It makes more sense to question why she wants to be a Democratic President than it does to question Bernie Sanders’ choice to run in the Democratic primaries.

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