As a young Wall Street lawyer, Mehrsa Baradaran helped large banks turn to the government to survive the financial crisis. A decade later, she is behind a proposal to bring government-backed competition into their world.
More Democrats are touting a proposal to offer banking services through the post office to people who lack bank accounts or credit cards. Many of them—including U.S. Sens. Kirsten Gillibrand of New York and Elizabeth Warren of Massachusetts and U.S. Rep. Alexandria Ocasio-Cortez of New York—have consulted...
She helped the banks survived the crisis on the backs of the American people! The policies that were put in place were designed to only help them. Dodd-Frank, CFPB, State Attorneys, National Mortgage Settlement never really helped families like mine TRULY Fraudclose
Creeping collectivism in two steps — at first just a “public option” in healthcare, banking, etc, but eventually the private “option” is eliminated. Socialism through the back door.
What about a return of subjecting banking to the pressures of a free market?
Yeap like the post office is thriving 🙄
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Source: Newsweek - 🏆 468. / 52 Read more »