Skip to comments.Flipping Liz Warren’s credibility flops
Posted on 06/01/2012 4:41:24 AM PDT by billorites
If theres anything Granny Warren hates more than a fake Indian or a plagiarist, its one of these damn real-estate speculators buying up the hammered middle class homes and flipping them for big bucks.
Unless, of course, Granny is the hypocrite conniving with the banks to do the hammering and the hacking.
Granny wrote in 2000 that foreclosure sales are notorious for fetching low prices. And boy, would she know.
Heres a foreclosed property she picked up in Oklahoma City at 2123 NW 14th St. for $4,000 in 1993. She transferred it to her brother and his wife in March 2004 and they sold it for $30,000 in February 2006.
Those kinds of returns make you a 1 percenter like Granny. That, and cashing in on a racial spoils system you have no business taking advantage of.
The prior owners of the $4,000 house were Richard and Shelley Walter, who had a son who served as a Marine in Iraq. I wonder if theyve read Grannys impassioned attacks on foreclosures: Foreclosure rates are skyrocketing. Is it a civil right to lose that home in a sheriffs auction?
It is if Granny Warrens picking up some good stuff cheap, a la Bain Capital. Lets move on to another foreclosure, this one on 500 NW 18th St. in her hometown. Shes listed as the mortgagee on a $55,000 mortgage taken out by her brother John in 1992.
In 1998, John Herring sold the foreclosed house for $140,000.
The people who lost their home this time to greedy Granny were D.L. and Sue Trent. At least they can take solace in the fact that the former Elizabeth Red Herring feels their pain: Thus foreclosures harm other homeowners both by encouraging additional foreclosures by reducing home sale prices, while decreased property values hurt local businesses and reduce state and local tax revenues.
Lieawatha bragged last fall that she provided the intellectual foundations of the national crime wave known as Occupy Wall Street. Everyone assumed she was talking about her turgid prose, not her own wheeling and dealing in the misery of the middle class.
In her book All Your Worth, the 32/32nds white woman says it is a myth that you can make big money buying houses and flipping them quickly. Really?
A message left with the Warren campaign was not returned.
The lesson here is, not everything you read is true. For instance, your mother probably told you, Cheaters never prosper. Your mother never knew Granny Warren.
"Even Harvard agreed, and we know how smart they are."
Just another dem with no conscience. I hope she loses big.
This is a perfect opportunity to point out the flaws inherent in a system in which goodies are divided by race, ethnicity, gender and sexual preference. In addition to merely pointing out Ms. Warren’s dishonesty, point out the dishonesty of a system in which she is motivated to make such a claim.
Add another hilarious nom de plume:
Lieawatha, to Fauxahontas!
I said plume hahaha!
Dem hypocrisy makes me wanna join the Slapaho tribe.
What a hypocrite !
Granny was Harvard Law before Harvard Law was Kool.
I am sorry, much as I laugh at that woman of color that is paler than my own blond Polish self.........
The first house was owned for 13 years, and the second for 5 years (?), so I would hardly classify that as “flipping”. She can take plenty of flak for lots of things, but I am not pinning this one on her.
Sad to say I think she'll win.Osama Obama will carry this state with at least 70% of the vote (living and deceased voters,of course) and I'll wager that his coattails will be enough to get her the gig.
“Sad to say I think she’ll win.”
I agree. Warren will likely win. Polls suggest the issue has no impact on Massachusetts voters. The liberals have been so successful watering down the education system and creating dependency on redistribution programs that people no longer value character nor can they discern virtue. John Adams must be turning over in his grave.
Massachusetts claims to be well educated State with great Universities and yet she will win.
They should have left out the “flipping” comment.
The point they are making is that Lieawatha Warren does not like foreclosures today but she was buying foreclosed homes in the 1990’s.
“”””Thus foreclosures harm other homeowners both by encouraging additional foreclosures by reducing home sale prices, while decreased property values hurt local businesses and reduce state and local tax revenues.””””
This was in a Boston paper? They had better sandbag their front doors before the Mob/RATs treat them the way cartles south of the border do.