Does anyone believe that Goldman Sachs is gonna give up a deal that would yield millions of dollars because someone fussed at them behind closed doors?
Interpretation
The quote highlights the unlikelihood of corporations sacrificing profit due to ethical concerns voiced privately.
Elizabeth Warren's quote underscores the pervasive influence of profit motives within major corporations like Goldman Sachs. It questions the effectiveness of private complaints or ethical discussions in instigating real change, suggesting that financial incentives often outweigh moral considerations in corporate decision-making.
In practice
During a debate about corporate accountability, this quote could be used to emphasize the challenges of ethical reform.
Families rely on financial services more than ever, but those who need them most - who struggle to make ends meet - too often must contend with sky-high interest rates and tricks and traps buried in the fine print of their loan products.
There's been such a sense that there's one set of rules for trillion-dollar financial institutions and a different set for all the rest of us. It's so pervasive that it's not even hidden.
Mitt Romney is the guy who said corporations are people. No, Governor Romney, corporations are not people.
I talk to nurses and programmers, salespeople and firefighters - people who bust their tails every day. Not one of them - not one - stashes their money in the Cayman Islands to avoid paying their fair share of taxes.
'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.
We shouldn't be profiting from our students who are drowning in debt while giving a great deal to the banks. That's just wrong.
Abraham Lincoln recognized that we could not survive as a free land when some men could decide that others were not fit to be free and should therefore be slaves. Likewise, we cannot survive as a free nation when some men decide that others are not fit to live and should be abandoned to abortion or infanticide.
The liberal ideal is that everyone should have fair access and fair opportunity. This is not equality fo result. Its equality of opportunity. There's a fundamental difference.
We are often indifferent to our brethren who are distressed or upset, on the grounds that they are in this state through no fault of ours. The Doctor of souls, however, wishing to root out the soul's excuses from the heart, tells us to leave our gift and to be reconciled not only if we happen to be upset by our brother, but also if he is upset by us, whether justly or unjustly; only when we have healed the breach through our apology should we offer our gift.
Infinite power of the spirit, brought to bear upon matter evolves material development, made to act upon thought evolves intellectuality, and made to act upon itself makes of man a God. First, let us be Gods, and then help other to be GOds. Be and Make. Let this be our motto.
But I own that I cannot see as plainly as others do, and I should wish to do, evidence of design and beneficence on all sides of us. There seems to me too much misery in the world. I cannot persuade myself that a beneficent and omnipotent God would have designedly created that a cat should play with mice.
A fly is as untamable as a hyena.
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