Right on, Senator Warren!
Senator Clinton should be thanking her lucky stars that Bernie Sanders is the greatest of her worries these days. If Warren had run, the outcome of the Democratic primary might be in serious doubt. NYT Op-Ed by Senator Warren:
I just released a report examining 20 of the worst federal enforcement failures in 2015. Its conclusion: “Corporate criminals routinely escape meaningful prosecution for their misconduct.”
In a single year, in case after case, across many sectors of the economy, federal agencies caught big companies breaking the law — defrauding taxpayers, covering up deadly safety problems, even precipitating the financial collapse in 2008 — and let them off the hook with barely a slap on the wrist. Often, companies paid meager fines, which some will try to write off as a tax deduction.
The failure to adequately punish big corporations or their executives when they break the law undermines the foundations of this great country. Justice cannot mean a prison sentence for a teenager who steals a car, but nothing more than a sideways glance at a C.E.O. who quietly engineers the theft of billions of dollars.
Of course, enforcement would likely have been weaker or non-existent if Mitt Romney had won, which was the choice we were given, but Obama’s two-term effort to compromise with the Republicans has yielded nothing but legislative ashes, an emboldened GOP, and a weaker country. Fool me once, shame on the GOP. Fool me for seven years in a row, shame on the president.