Elizabeth Warren

What Happened to the Wall Street Sheriff?

Elizabeth Warren is a big fat phony – that’s the topic of my Taki’s Mag piece today. An excerpt:

Elizabeth Warren has spent her congressional career raging against big-bank bogeymen. She was elected from the People’s Republic of Massachusetts based primarily upon her tough stance against the financial industry. “Wall Street CEOs—the same ones who wrecked our economy and destroyed millions of jobs—still strut around Congress, no shame, demanding favors and acting like we should thank them,” she boomed at the 2012 Democratic National Convention.

Hallelujah to that, Sister Warren.

I have no qualms with ripping on the coke-addled computer nerds on Wall Street who make money hand over fist without creating anything. I agree with Brit Lord Adair Turner, chairman of the country’s chief financial regulatory body, that most of what goes on in the ledgers of too-big-to-fail banks, trading on amalgamated debt instruments and betting if blue-collar Billy will lose his house, is “socially useless.”

Chief Warren is more or less on the same page. Or so I thought.

Read the whole thing thing here to find out why Sen. Warren whores herself out to Goldman Sachs instead of standing by working folk.