Monday, July 26, 2010

Elizabeth Warren's Weekend

Elizabeth Warren, who doesn't understand basic economics but is a front runner to be named head of the new Consumer Finance Protection Bureau, spent the weekend impressing people with her lack of economic knowledge, in the 100 plus degree weather of Las Vegas.

She was a panelist at something called Netroots Nation.

With her on the panel was Democratic Rep. Alan Grayson, Center for Community Change Executive Director Deepak Bhargava, Green for All’s Phaedra Ellis-Lamkins and National People’s Action Executive Director George Goehl.

The keynote speaker for the event was AFL-CIO President Richard Trumka. During his keynote Trumka outlined the need for the the nation to invest in infrastructure, implement fair trade policies, change our tax policies and fix broken labor laws.

Since this is Trumka speaking, infrastructure investment means hiring union members for make work projects, "fair trade" policy means preventing the import of any products where overseas labor is cheaper than union labor, changing tax policies means raising taxes on non-union workers so that "infrastructure investments" can be made for union projects, and "broken" labor laws means even higher minimum wages and other laws that limit competition for union workers.

If the name George Goehl sounds familiar, it's because I ran across him about a year ago when I infiltrated a meeting that included him and the president of Acorn, Steve Kest.

So this gives you a flavor for the type of crowd Warren hangs out with.

President Obama spoke to the group by video/

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