Elizabeth Warren: The Secret New York Fed Tapes Confirm The Game Is Rigged

Business Insider ^ | OCT. 1, 2014, 3:32 PM | Myles Udland

[Olog-hai]

Sen. Elizabeth Warren (D-Mass.), who has called for congressional hearings regarding conduct at the Federal Reserve following the ProPublica and This American Life report from last week, told NPR in an interview on Wednesday that the report, “tells us exactly what we already knew.”

Warren told NPR’s Steve Inskeep that the report, “ultimately this report tells us exactly what we already knew—that the relationship between regulators and the financial institutions they oversee is too cozy to provide the kind of tough oversight that's really needed.” […]

Listening to the tapes, Warren said two things jumped out: the lack of truthful reporting and the emphasis by Fed officials on talk over action. …

[Olog-hai]

Warren does not do truth very well, so it sounds like clutching at straws. She is not going to go after her fellow libs either way.

[Ouchthatonehurt]

[ronnie raygun]

“tough oversight that’s really needed”. She wants her filthy hands in it to, commie biotch lawyer, despicable elitist criminal

[Pearls Before Swine]

She’s right, in that it’s rigged. She’s wrong, in that she just wants to rig it her way and control which way the benefits flow.

[AppyPappy]

Maybe Lieawatha is a secret Gold Bug.

[cowboyusa]

She's a queen hypocrite who supports the Export-Impo bank and the Fed. Progressives created the Fed and they nurture and love it and the big banks, they just want to oversee them. END THE FED AND END MERCHENTALISM!

[illiac]

Captain Obvious with her magic dream catcher....

[nhwingut]

Remember Romney was mocked in debates for saying small banks will take a killing while big banks will grow. Thanks to DoddFrank. Now here is the woman who helped foster along the very bill complaining about the little bank getting screwed while big banks make out. Wonder why? Liberals are quite amazing. Did I do that?

[piytar]

Exhibit 1: Holder’s new gig. $77,000,000 a year.

But this witch wants to paint the conservative right as corrupt side. And the media will go along, of course.

[Hostage]

I don’t like Warren’s politics and I despise her party even more than the republican establishment, but it seems she’s on the right track here with this particular issue.

Why couldn’t a prominent republican be the attack dog on this issue? Because they’re gutless.

[jwalsh07]

Sometimes there just isn’t anybody to root for.

[Olog-hai]

She’s going to run into a brick wall due to the majority involved in this being rich Dem liberals.

[Olog-hai]

Also, “prominent Republicans” are almost all establishment GOP liberals themselves, particularly on this issue.

[gdani]

The game is rigged in far more ways than this.

[RckyRaCoCo]

What she WON'T tell you is that the Democrap Party benefits greatly from Wall St. shenanigans(just think of 100's of Soros mini-me's, living out their bucket-lists before TSHTF....thanks for the recess playtime Fed./QE!).

...when the "House of Cards" collapses, the 'rat party will be in deep kimchee...unfortunately, so will everyone else.

[GraceG]

[ Captain Obvious with her magic dream catcher.... ]

There is an old native american saying: “A Blind Brave will eventually stumble into a TeePee....”

[Paulie]

Right, wrong, or neutral, I don’t trust what she says nor her motives for saying it.

Take a hike Lizzy...

[Major Matt Mason]

Just the opposite - I'm not a fan of the Fed, but when liberals start screeching, it means they are looking to further their control freak agenda. Sorry, but I just do not trust Democrats at all, and this women is a proven liar, to boot.

[Hostage]

It is interesting that she has sprung this. Of all people I would have thought would do this, the last I would think of would be her.

[Boogieman]

Naw, she is not going after the Fed for their manipulation of the money supply. Her beef is they were not draconian enough on banks and financial institutions for her liking.