"But a prime-time speech at the Democratic National Convention (right before Bill Clinton) and a seat in the Senate don’t happen willy-nilly, and Warren is far from a passive observer. Before she ran for office, she had become a leading expert in debates about predatory lending practices and bankruptcy legislation, as well as a thorn in the financial industry’s side. The idea that some banks are too big to fail, Warren writes in 'A Fighting Chance,' 'allows the megabanks to operate like drunks on a wild weekend in Vegas.' Families who fall behind on their debts are usually 'desperately ashamed of their situation,' and have been saddled with health care costs or tricked into taking out subprime mortgages with egregious terms hidden in the fine print."
Amy Chozick in The New York Times reviews Elizabeth Warren's A Fighting Chance.
Saturday, April 26, 2014
"I Never Expected to Run for Office—but Then Again, I Never Expected to Do a Lot of Things in My Life"
Labels:
books,
Clinton,
Obama,
politics,
social history,
twentieth century,
twenty-first century
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