Author Archives: MaricruMusselma

Democracy Under Siege In Irvine

by MaricruMusselma Posted on October 23, 2016

Mother Jones

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I went out to get the paper this morning and noticed that my yard sign was gone. Some Trumpkin vandalizing Hillary signs? Nope. All the other signs in my neighborhood were gone too. City council signs, school board signs, Irvine mayor signs—all gone.

So I investigated. I went over to our sister neighborhood on the other side of the tennis courts. No signs. I don’t know what that neighborhood looked like yesterday, but I’ll bet there some signs there.

I went farther afield and finally found some signs. But only about half as many as there used to be. How strange. There seemed to be no rhyme or reason to which signs were left standing. When I went even farther out, signs reappeared in full force. Half a mile from my house everything was normal. Out on the main drag, signs were still piled high, just as they’ve always been.

What’s going on? Did some local busybodies decide that colorful yard signs were polluting our beautiful all-beige neighborhood? Did my local association suddenly decide they didn’t care about the First Amendment anymore? Did a yard sign neutron bomb go off? It’s very mysterious.

Credit – 

Democracy Under Siege In Irvine

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Elizabeth Warren: The Feds Are Far Too “Cozy” With Wall Street

by MaricruMusselma Posted on October 1, 2014

Mother Jones

Pointing to recently leaked audio recordings between officials at the Federal Reserve and Goldman Sachs bankers, Sen. Elizabeth Warren (D-Mass.) is slamming regulators for being far too timid and compliant when it comes to laying down the law with big banks.

“Well, 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,” Warren said in an interview with NPR.

“We can keep making the rules tougher and tougher, but it won’t make an ounce of difference if the regulators won’t enforce the rules that are there,” she added. “If the regulators back down or back off whenever the banks tell them to, then it’s the banks—and not the regulators—who are running the show.”

While the secret recordings, which were captured by former bank examiner for the Federal Reserve Carmen Segarra, do not expose any flagrant wrongdoing by either side, they do reveal an uncomfortable, wholly inappropriate eagerness to please Goldman Sachs. And let’s keep in mind Segarra’s secret tapes were recorded in 2012, at least four solid years after the financial crisis.

After This American Life and ProPublica jointly released the tapes last week, Warren and Sherrod Brown (D-Ohio) have also called for a federal investigation into the dealings of the New York Federal Reserve.

The New York Fed has since “categorically rejected” the accusations, but Warren tells NPR the public needs more individuals like Segerra who are willing to speak up against institutions deemed “too big to fail.”

“We need to look at whether or not we’ve got the right tools to protect the kind of people who will speak up. But, but what we’ve got to start with is we’ve got to expose what happened here, we’ve got to look at what the available tools are, but we’ve got to give the message loud and clear to the Fed: Um, this isn’t gonna work — you work for the American people, you don’t work for the big banks.”

Originally posted here – 

Elizabeth Warren: The Feds Are Far Too “Cozy” With Wall Street

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