(from Senator Elizabeth Warren's comments to Citigroup)
A century ago, Teddy Roosevelt was America's trustbuster. He went after the giant trusts and monopolies in this country, and a lot of people talk about how those trusts deserved to be broken up because they had too much economic power. But Teddy Roosevelt said we should break them up because they had too much political power. Teddy Roosevelt said break them up because all that concentrated power threatened the very foundations of our democratic system. And now we're watching as Congress passes yet another provision that was written by lobbyists for the biggest recipient of bailout money in the history of the country. And it's attached to a bill that needs to pass or else the entire federal government will grind to a halt.
Think about this kind of power. A financial institution has become so big and so powerful that it can hold the entire country hostage. That alone is a reason enough for us to break them up. Enough is enough.
What do you think?
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OHO's "Ocean City Ditty," the CD single is now available at http://www.cdbaby.com/cd/oho4
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