Nick Confessore

@nickconfessore ↗

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Last Checked Sept. 17, 2021

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Tue Apr 16 14:14:11 +0000 2019

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Nick Confessore @nickconfessore

Her theory of the case: The rise of the consumer credit since the 80s -- and the huge swell in household debt before and since the crash -- was built on a sleight of hand, in which credit card cos, mortgage lenders, and others make products seem cheaper than they really were. https://t.co/Z8Y7dgE7zf — PolitiTweet.org

Posted April 16, 2019 Deleted after 2 years Hibernated

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Nick Confessore @nickconfessore

Democrats first harnessed the populist backlash to Wall Street. Elizabeth Warren used it to create an agency that she hoped would crack down on the sort of predatory lending practices that not only led to the crash, but shifted money and power away from American consumers. — PolitiTweet.org

Posted April 16, 2019 Deleted after 2 years Hibernated

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Nick Confessore @nickconfessore

But the left lost control of the post-crash backlash -- first to the Tea Party, and then to New York billionaire who stocked his cabinet with financial execs. Trump handed Warren’s creation to one of its most fervent enemies, Mick Mulvaney, who firmly rejected Warren’s critique. — PolitiTweet.org

Posted April 16, 2019 Deleted after 2 years Hibernated