In my opinion Senator Warren is the smartest and bravest politician in Washington…
In a speech at an AFL-CIO convention on Sunday, Sen. Elizabeth Warren (D-Mass.) criticized the Supreme Court for being too right-wing and serving the interests of Big Business over the needs of Americans.
In voicing her support for the labor movement and promoting an agenda aimed at defending working families, Warren warned of conservative-leaning justices and a “corporate capture of the federal courts.”
“You follow this pro-corporate trend to its logical conclusion, and sooner or later you’ll end up with a Supreme Court that functions as a wholly owned subsidiary of big business,” Warren said.
Warren said that Wall Street and major corporations are making it difficult for labor leaders to enact financial reform.
“The big banks and their army of lobbyists have fought every step of the way to delay, water down, block or strike down regulations,” Warren said. “When a new approach is proposed -– like my bill with John McCain, Angus King and Maria Cantwell to bring back Glass-Steagall -– you know what happens. They throw everything they’ve got against it.”
“I believe that if people would be opposed to a particular trade agreement, then that trade agreement should not happen,” she said.
Warren was citing a bipartisan bill aimed at separating lending and trading.
“Despite the progress we’ve made since 2008, the biggest banks continue to threaten the economy,” Warren said in a written statement defending the bill. “The four biggest banks are now 30 percent larger than they were just five years ago, and they have continued to engage in dangerous, high-risk practices that could once again put our economy at risk.”
After Warren concluded her speech, AFL-CIO President Richard Trumka praised the senator, saying, “Ah, if we could only clone her.”
- Elizabeth Warren Slams the Corporate Court (truthdig.com)
- Elizabeth Warren slams the Supreme Court as a right-wing panel serving the interests of corporate America (freakoutnation.com)
- Open Thread: You Go, Senator Warren! (balloon-juice.com)
- Elizabeth Warren Calls Supreme Court Right-Wing, ‘Pro-Corporate’ (alternativenewsalert.com)