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Why Warren Will Run

From this item at The Hill comes a pretty interesting take on the 2016 Presidential election cycle in general and a potential Elizabeth Warren (D-MA) run in particular…

Why Warren will run against Clinton in 2016

By John LeBoutillier, contributor

State of the 2016 Race
A weekly column for The Hill analyzing the current state of the 2016 presidential race.

The Democratic race: Why Sen. Elizabeth Warren (D-Mass.) will run in 2016 against former Secretary of State Hillary Clinton.

1. Warren is the only national politician today from either party who conveys a sense of outrage over our current — deteriorating — national situation. Her passion is her signature calling card in a time when all the other candidates for president seem to have passion only for themselves and their candidacies.

2. At a recent 12-person in-depth focus group in Denver conducted by Peter Hart and reported in The Washington Post by Dan Balz, the only national politician who was viewed favorably was Warren — even by some of the Republican voters in the focus group.

3. Why? Because she is the only politician who is even talking about the powerlessness of the average person — and the seemingly too powerful corporate and Wall Street entities.

4. This issue cuts across all political lines. It is the issue that catapulted President Teddy Roosevelt into the political hall of fame. His trust busting led to today’s anti-trust regulations and the belief that the federal government’s role is to act as a neutral referee to ensure a fair playing field. But no one today believes the feds are neutral — or fair. Instead, big government is seen as corrupt and as “rigged” as big business.

5. Indeed, there isn’t that much that separates Occupy Wall Street from the Tea Party. One blames big business while the other blames big government for our problems. But more and more, people see the two as in bed with each other in a cynical game to line their own pockets and to preserve their power — all at the expense of the average American.

6. This underlying fear is the hidden issue in the 2016 race — and so far, only Warren is even talking about it.

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The Dangerous Fed

Here’s an infographic that’s been making the rounds this week and for good reason – it paints a none-too-flattering picture of what the Fed is and what it does.

Also, I didn’t know that Ron Paul’s Audit the Fed Bill has been held up in the Senate for over a year now – I guess that shouldn’t come as too much of a surprise.

Dangerous Fed
For the entire graphic, see The Dangers of an All-powerful Federal Reserve.

Inequality for All

Robert Reich’s highly regarded new documentary Inequality for All debuted across the country over the weekend and, as a result, its garnering a good deal of media attention, for example in Prosperity for the Few, Inequality for All at U.S. News and World Report along with Is America Catching Up With Robert Reich’s Income-Inequality Crusade? at NY Mag.

Here’s the trailer:

The Rotten Tomatoes Tomatometer gives it a 100% rating.

I’ve always liked Robert Reich and I hope this kicks off some sort of a broader movement as the growing divide between rich and poor, enabled by the Federal Reserve and Washington lawmakers, is headed for a French Revolution style ending at some point if left to take its natural course. Then again, this kind of ending would actually be its natural course…

In this CNBC interview, former Congressman and Presidential hopeful Ron Paul shares a few thoughts about the Detroit bankruptcy filing, the U.S. government, and the price of gold.

Says Paul, “Long term, you can expect governments not to change” and that they’ll keep taking on more debt and printing more money until people lose confidence in both the U.S. dollar and the U.S. military, both of which will be good for precious metals.

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