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There's a lot of talk coming from Citigroup about how Dodd-Frank isn't perfect. Let me say this to anyone who is listening at Citi: I agree with you. Dodd-Frank isn't perfect. It should have broken you into pieces.
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'Middle class' used to be synonymous with secure, with steady, with boring, because middle-class people were people who were pretty much safe from the time they first started work on through retirement and until their deaths. No longer.
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I'm not a Washington person.
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Markets work when people can evaluate the prices and risks of different products, then pick the ones that work best for them. But when the terms of the deal are hidden, competition doesn't work. And customers aren't the only ones who are hurt.
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Me, I was waiting tables of 13 and married at 19. I graduated from public schools, and taught elementary school.
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Pundits talk about 'populist rage' as a way to trivialize the anger and fear coursing through the middle class.
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I think a lot of Americans are not sure which side Washington is on: the side of banks or the side of the people.
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I was 30 before I realized, you know, that I probably was an accident. These things just suddenly hit you one day.
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Citigroup has a lot of money, it spends a lot of money, and it uses that money to grow and consolidate power. And it pays off.
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There are very few people at the decision-making table to argue for minimum-wage workers. Very few people.
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What we collectively decide about how to bail out our economy, how to pull our economy out of a ditch and what rules we put in place to make sure this problem does not happen again, will shape our country for the next 50 years. This is it.
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I'm willing to throw my body in front of the bus to stop bad ideas.
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Going to college and finding a good job no longer guarantee economic safety.
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Credit cards are like snakes: Handle 'em long enough, and one will bite you.
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If the big banks expect to buy influence when they give money to favored think tanks, then the public has a right to know. If the big banks don't expect to buy influence and are merely making charitable contributions, then their shareholders have a right to know. Either way, there's no excuse for keeping these payments secret.
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I don't want happy-face conclusions. I want the truth.
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We need a new model: If you can't explain it, you can't sell it.
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I had to make a choice - recede into the academic world, or wade into politics.
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Are you ready to fight for good jobs and and a solid level playing field? Are you ready to prove to another generation of Americans that we can build a better country and a newer world? Joe Biden is ready. Barack Obama is ready. I am ready. You're ready.
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Consumers get used to reading and understanding their credit card contracts, their mortgages, their check overdraft agreements, those are good things. That puts power back in the hands of consumers.
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The 21st Century Glass-Steagall Act will reestablish a wall between commercial and investment banking, make our financial system more stable and secure, and protect American families.
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If President Barack Obama had not been in the White House, we would not have the Consumer Financial Protection Bureau today.
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Every time the U.S. government makes a low-cost loan to someone, it's investing in them.
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Cops on the beat can stop problems before the damage spreads.