Liz will get the nomination, Yeeeeeeeeeeeeaaaaaaaaaaaaaaaaaaaaaaaaaaarggggggggggggggggggh.
Via The Daily Mail
Ex-Vermont Governor and 2004 Democratic presidential candidate Howard Dean castigated big banks and big businesses as anti-capitalist this afternoon during a forum at the progressive Netroots Nation conference.
‘We don’t have capitalism in this country,’ he said at one point. ‘We have an enormous oligopoly that’s strangling the innovation that happens with small businesses, which is where the genes of America has really been.’
Dean was in the midst of previewing the Democratic Party’s bench of potential presidential candidates when he launched into a diatribe on the ramifications of allowing banks to become too big to fail and the importance of Massachusetts Senator Elizabeth Warren’s efforts to more strictly regulate America’s financial institutions.
‘I don’t hate the banks, but the truth of the matter is they are not capitalist organizations. They are basically oligopolies,’ Dean claimed during his tirade.
‘The problem . . . is not that they’re evil and horrible – although we can debate that,’ he said. ‘The problem is they’re so big that if they fail, they have to be bailed out.
‘So it’s not capitalism.’
Dean has publicly criticized the banking industry before, but his remarks in Detroit, Michigan, today appear to be the first time the former Democratic National Committee chairman has characterized their practices as anti-free market. In past discussions Dean has stopped at saying lenders need to be better regulated and banks need to be downsized.