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this post was submitted on 24 Nov 2024
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Elizabeth Warren once again calls for reform on inconsequential shit. She sits on the Finance committee, how about you pass some real fucking fiscal policy instead of yelling at the Fed because of their legally required monetary policy.
That woman is really high up there for useless Senators.
Yeah, how dare a sitting member of the Senate Finance Committee target an American company worth over a billion dollars price-gouging the most important TLD on the Internet and arguably violating antitrust laws. Doesn't she know that politicians are each only allowed one issue to care about? And that now she's wasted hers?
Edit: Also, she's literally the chair of the Senate Banking Subcommittee on Economic Policy which – you guessed it – includes issues regarding the Federal Reserve. Keeping an eye on the Fed is something she does as part of her job. Here's her three days ago yelling at the Fed. Because that's her job.
Also, is the idea that there are some monopolistic practices that we can let slide because they aren't important enough?
It's a well-known best practice to deal with monopolies only after they've gotten utterly, catastrophically out-of-hand and have a fuckload of leverage, yes.