from Financial Survival Network
Danielle Park and I discussed Senator Elizabeth Warren and her holy war against the banking cartel. While her words seem to have the ring of authenticity and she is the only politician making the case against the current economic system, her prescription is for more regulatory schemes like the Consumer Financial Protection Board, which just has the effect of shrinking competition and making credit more scarce and less available to those who need it most. Danielle believes she’s performing a valuable service by speaking truth to power, while I wonder whether she is genuine and authentic and I believe that she’s just a voice for ever expanding government power and authoritarianism.
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