Saturday, June 13, 2015
She Understands Quote of the Week
“The problem is not that I don’t understand the global banking system. The problem for these guys is that I fully understand the system and I understand how they make their money. And that’s what they don’t like about me.” -- (emphasis added) Massachusetts' remarkable Sen. Elizabeth Warren, responding to a condescending comment by financial pirate Jaime Dimon, CEO of JP Morgan that she didn't understand the "global banking system."
The "system" that Sen. Warren does indeed understand, and is exposing for the rest of us, is one that the likes of Mr. Dimon want to remain byzantine and "too big to fail" the next time he and his counterparts in finance crash the economy, while he walks away with billions.