I’m a big Elizabeth Warren fan, and I’m also firmly convinced that the Glass-Steagall Act should never have been repealed, and should be reenacted. That being the case, why am I a bit reluctant to cheer on Elizabeth after receiving her email asking me to support her recently introduced 21st Century Glass Steagall Act. Well, it was this paragraph:
Now it’s time to launch the next push. I joined forces with Senators John McCain, Maria Cantwell, and Angus King to introduce the 21st Century Glass Steagall Act of 2013 to reinstate and modernize core banking protections.
Why, oh why, do Democrats continue to believe that getting John McCain on board of a bill will bring anything but grief, not to mention the real possibility that he will vote against his own bill. And, I am sorry to say, Angus King’s name on the list doesn’t fill me with warm and fuzzy feelings, after he gave aid and comfort to the Republican efforts to kill student loan relief.
Who knows, it may work this time. But please Elizabeth, beware of the company you keep.
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