10 thoughts on “Sanders, Warren Tag-Team Colorado For Progressive Votes”

1. Sens. Bernie Sanders and Elizabeth Warren are two of the most popular figures among the progressive  (Come on, Pols,get your head out of the polls!-ed.) Democratic base, and were each held up by Clinton’s Republican opponents as potentially divisive among Democrats at various points during the Democratic primary campaign. Since Clinton’s nomination Sanders has done his best to bring his fractious-by-nature coalition around to Clinton, and a visit from these two progressive luminaries will help Colorado’s substantial contingent of leftie  (1. I'd recommend "lefty". 2. You guys just love being in a purple state don't you?.-ed) voters–both Democratic and left-leaning independents–do what they need to do.

   They both support Smart and Fair policies that are effective and that are supported by majorities of voters. Don't' be afraid, Mikey!

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   1. What policies are those and how is it known that they are effective? What majorities are those?

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   2. Maybe you'll attend the breakfast fundraiser that Elizabeth Warren is headlining for Michael ("Mikey") Bennet tomorrow morning?  What, didn't get the invite?  Couldn't afford the $35 guest contribution?

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      1. More big money contributors who own Thurston's soul

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         1. Bennet:

            

            Warren:

            

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2. Senator Warren on the issues: Against "Too Big to fail", for breaking up big-bank monopolies. Advocated for the Consumer Financial Protection Bureau. Against privatizing Social Security. Popular policies. Are you arguing against these?

   Senator Sanders on the issues: Same as Warren on banks, CFPB, SS, for privacy and against spying, for raising minimum wage, for community policing…all popular with the public, for excellent and pragmatic reasons. Again, are you arguing against these policies?

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   1. I don't know who you are hectoring, MJ, but but me down as deadset against breaking up banks just because you can.  As barney frank noted, there are far better indices of bank stress than simple size.

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      1. As Elizabeth Warren wrote, "Too big to fail" merely means that banks are immunized and protected against the consequences of their poor policies. They had to be bailed out (we were told) because the consequences of not doing so would be economic disaster. Nothing much has changed since:

         Today, after an extensive, multi-year review process, federal regulators concluded that five of the country's biggest banks are still – literally – Too Big to Fail.  They officially determined that five US banks are large enough that any one of them could crash the economy again if they started to fail and were not bailed out.

         Still free to pursue the same lucrative, but dangerous practices, banks

         … encouraged reckless mortgage lending both by gobbling up an endless stream of mortgages to securitize and by funding the slimy subprime lenders who peddled their miserable products to millions of American families.  The giant banks spread that risk throughout the financial system by misleading investors about the quality of the mortgages in the securities they were offering. The Financial Crisis Inquiry Commission (FCIC) spent years looking into the causes of the crisis and concluded that 'collapsing mortgage-lending standards and the mortgage securitization pipeline lit and spread the flame of contagion and crisis.'

         "Big bank executives got rich off that pipeline, but when it all predictably – yes, predictably – blew up, the government lavished their institutions with billions in taxpayer bailouts.

          

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         1. If my recent experience is any guide, mortgage bankers have gotten the fear of God (or maybe Warren 🙂 instilled in them.  Even with a credit rating of 760+, 18 years of employment at the same company, etc.  I was put through the ringer to qualify for a conventional mortgage with 20% down.  At one point, they even were asking an officer of my savings bank to sign and notarize my bank statements to prove they weren't forged (they eventually backed off that one)!

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3. Nice to see them working together.

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