Friday, January 29, 2016


Elizabeth Warren has written an opinion piece for The New York Times about corporate criminality and the things a president can do about it without the Congress. Warren is highly critical of what she sees as the Obama administration’s unwillingness to punish corporate wrongdoers. An excerpt:

In a single year, in case after case, across many sectors of the economy, federal agencies caught big companies breaking the law — defrauding taxpayers, covering up deadly safety problems, even precipitating the financial collapse in 2008 — and let them off the hook with barely a slap on the wrist. Often, companies paid meager fines, which some will try to write off as a tax deduction.

The failure to adequately punish big corporations or their executives when they break the law undermines the foundations of this great country. Justice cannot mean a prison sentence for a teenager who steals a car, but nothing more than a sideways glance at a C.E.O. who quietly engineers the theft of billions of dollars.
Compare Bernie Sanders:
It is not acceptable that many young people have criminal records for smoking marijuana, while the CEOs of banks whose illegal behavior helped destroy our economy do not.
I may be misreading, but I strongly suspect that Elizabeth Warren will soon endorse Bernie Sanders. And I strongly suspect that she will be Sanders’s choice for a running mate. A Sanders-Warren ticket would be, for many voters, enormously exciting.

comments: 6

Frex said...

Frex = Fresca
That would be awesome: I would be excited!

Michael Leddy said...

I had hoped that she would seek the nomination herself. But a term as vp would be the perfect preparation for a presidential run.

Chris said...

Personally, I would have loved to see her make a run for the nomination, though perhaps she feels that she isn't yet ready. I suspect she won't be endorsing Sanders, at least until the race has clarified itself a bit.

Michael Leddy said...

As everyone probably knows, Warren is the only female Democratic senator who has not endorsed Hillary Clinton. So there’s reason to wonder what might be coming, sooner or later.

Daughter Number Three said...

The only negative things I have to say about Warren running with Sanders:

1. Horrible geographic balance.
2. She has no foreign policy experience at all, and he has little, relatively. Not sure who I think he should choose, but I tend to run toward Sherrod Brown (who has endorsed Clinton) or Bill Richardson. Not sure what he's up to these days.

I think it would be great to have Warren in the Senate with a Sanders presidency (or a Clinton presidency). Maybe cabinet, but we need someone to lead the charge legislatively, right? Who better?

Michael Leddy said...

Richardson has also endorsed Clinton (which I know only because I just looked). Yes, Warren would be a great asset to have in the Senate. But I think Sanders–Warren would do a great job of getting out the vote and helping other Democratic candidates.