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View Full Version : Elizabeth Warren: The Woman Who Knew Too Much




bobbyw24
10-11-2011, 09:44 AM
Millions of Americans hoped President Obama would nominate Elizabeth Warren to head the consumer financial watchdog agency she had created. Instead, she was pushed aside. As Warren kicks off her run for Scott Brown’s Senate seat in Massachusetts, Suzanna Andrews charts the Harvard professor’s emergence as a champion of the beleaguered middle class, and her fight against a powerful alliance of bankers, lobbyists, and politicians.

http://www.vanityfair.com/politics/features/2011/11/elizabeth-warren-201111/_jcr_content/par/cn_contentwell/par-main/cn_pagination_contai/cn_image.size.elizabeth-warren.jpg

On the afternoon of July 18, in remarks from the Rose Garden amid the bruising showdown with congressional Republicans over the debt ceiling, President Obama made what the White House billed as a simple “personnel announcement.” In a brief speech, the president announced that he was nominating Richard Cordray, the former attorney general of Ohio, to head the Consumer Financial Protection Bureau, the new government agency set up to protect consumers from abusive lending practices. In his remarks he described the agency, part of the massive 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, as creating “the strongest consumer protections in history,” set up “so ordinary people were dealt with fairly.” After which he turned to thank the woman standing to his right, Elizabeth Warren.

A Harvard law professor, one of the nation’s leading bankruptcy experts and consumer advocates, the 62-year-old Warren had come up with the idea for the agency in 2007.

http://www.vanityfair.com/politics/features/2011/11/elizabeth-warren-201111

FrankRep
10-11-2011, 09:57 AM
Tax the Rich? Answering Elizabeth Warren (http://thenewamerican.com/opinion/selwyn-duke/9131-tax-the-rich-answering-elizabeth-warren)



Former TARP chairman Elizabeth Warren gave a shot in the arm to "progressives" with a rousing (or is it rabble-rousing?) speech on the virtues of taxing the rich. But Warren's words, though rousing, were reality-bending.


Democrats Cheer Senate Candidate Elizabeth Warren's Attack on Wall Street (http://www.thenewamerican.com/usnews/politics/9277-democrats-cheer-senate-candidate-ellizabeth-warrens-attack-on-wall-st)



In a Democratic primary debate, Senate candidate Elizabeth Warren got an awkward, wild cheer when she said that as Senator she'd attack Wall Street.

ctiger2
10-11-2011, 10:00 AM
http://www.youtube.com/watch?v=aMAY4tKQc9Q

flightlesskiwi
10-11-2011, 10:17 AM
this woman is a joke. a joke that many listen to with all seriousness.

jtstellar
10-11-2011, 10:25 AM
harvard. hah.

Brian4Liberty
10-11-2011, 11:04 AM
Although a Gallup poll in the fall of 2010 would show that 61 percent of Americans supported Dodd-Frank—which was designed to curb the risky bank activities that triggered the 2008 meltdown and the ensuing recession—the financial establishment would continue to attack it even after it became law on July 21, 2010.

Dodd-Frank is a complete farce.

While we need some simple and basic laws (including reinstating some aspects of Glass-Steagall) to govern Wall St. and define fraud, Dodd-Frank does not do that. It's just another labyrinth law written by and for the most powerful corporatists.

reillym
10-11-2011, 11:36 AM
http://www.youtube.com/watch?v=aMAY4tKQc9Q

Both are right. You are insane if you think anybody in this country is self-made. That is impossible. Society demands taxes. There will never exist one without it, because everyone depends on the services they fund.

reillym
10-11-2011, 11:38 AM
Oh, by the way, the rich in this country pay lower rates than their secretaries. Please, someone, explain how that is fair. Wait, it's not.

AuH20
10-11-2011, 11:40 AM
Oh, by the way, the rich in this country pay lower rates than their secretaries. Please, someone, explain how that is fair. Wait, it's not.

You're confusing that with Warren Buffett who's primary income was almost exclusively taken from capital gains.

ctiger2
10-11-2011, 12:00 PM
Both are right. You are insane if you think anybody in this country is self-made. That is impossible. Society demands taxes. There will never exist one without it, because everyone depends on the services they fund.

It's true we all pay income taxes and sales taxes and gas taxes etc. What Liz is proposing is IF somehow you become successful and accumulate a lot of capital, well, the Govt should steal a large cut of that and redistribute it to those who weren't successful. Socialize the #winning and privatize the #losing of course.

ClayTrainor
10-11-2011, 12:13 PM
Both are right. You are insane if you think anybody in this country is self-made. That is impossible. That's true, and markets enable people to work together with other people on a voluntary basis, while taxes enable some people to take from other people on an involuntary basis.
Society demands taxes.That's a problem, which will lead to copious amounts of crime, corruption and maldistribution of wealth until it is realized that taxation is an inefficient and Immoral way to fund services, especially the essential ones.
There will never exist one without it, because everyone depends on the services they fund.There are ways to fund services that people want without threatening them with violence and coercion. There is not a single thing that the state can do better or more efficiently than the market, other than crime.

musicmax
10-11-2011, 01:20 PM
I predict that Warren's "good for you" condescension will be her downfall and that even in a wickedly lefty stated like Mass., her genuine unlikeability decides the race.

Aratus
10-11-2011, 02:58 PM
poll~wise she and scott brown split likely november of 2012 voters 50/50!

think even steven betting odds and our junior senator having to run hard

and fast to keep his seat. the lil ole quip and droll reply exchange pulled a

d.c house Democrat into the thick of things when college monies came up.

matt0611
10-11-2011, 03:08 PM
Both are right. You are insane if you think anybody in this country is self-made. That is impossible. Society demands taxes. There will never exist one without it, because everyone depends on the services they fund.

Just because you don't have government or taxes doesn't mean you can't have voluntarily cooperation. No one is saying "every man is an island".
That's a strawman.

VBRonPaulFan
10-11-2011, 03:12 PM
Oh, by the way, the rich in this country pay lower rates than their secretaries. Please, someone, explain how that is fair. Wait, it's not.

Who said the income tax was supposed to be fair?

Wait, it's not.

Also, Buffett is full of shit when he made that claim. If you care to look, there have been more than enough articles detailing exactly why his claim was fraudulent and purposely deceitful.

specsaregood
10-11-2011, 03:29 PM
You're confusing that with Warren Buffett who's primary income was almost exclusively taken from capital gains.

Don't forget that many of the products he sells are designed to offset those very same taxes he promotes. Meaning it is in his business interest to have high taxes. Oh and he has made a lot of money buying small family businesses that have to be sold because of those taxes he promotes. total douchebag that guy