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Thursday, May 9, 2013

Elizabeth Warren Takes on Big Banks

And stands up for students in the process.  Not just wondering aloud, but filing a bill that is designed to give college students that same deal on loans that Big Banks get from the Federal Reserve.

The chances of it passing are pretty damn slim, though. Republicans always stand with the Big Banks and there are enough Big Bank Democrats who will also vote against it (Max Baucus, Chuck Schumer). 

And, even if by some miracle it did pass the Senate, there's no way the GOP-controlled House would pass such legislation that goes against the wishes of their Big Bank donors.

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