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Elizabeth Warren Blames Financial Crisis, Middle Class Erosion on...Ronald Reagan
Fox Nation ^ | Erika Johnsen

Posted on 05/20/2014 7:36:49 PM PDT by Lazamataz

Because when President Barack Obama was blaming every problem under the sun on his predecessor President George W. Bush, he just wasn’t go back far enough. Via RCP:

WARREN: I grew up in an America that was investing in kids. It was investing in public universities. It had a higher minimum wage. It was an America that said every kid would get a fighting chance. And that’s how we built America’s great middle class. Then starting in about the 1980s, we turned in a different direction.

COLBERT: You mean when Reagan came in and it was morning in America. The direction toward greatness, pride. …

WARREN: That’s right. And what happened is that he had a couple of ideas. The first one was that they would fire the cops. Not the ones on Main Street but the ones on Wall Street.

COLBERT: The ones who were shackling creativity, and ingenuity in our financial institutions.

WARREN: And making sure the biggest financial institutions actually followed the law. Those were the cops they got rid of.

COLBERT: The law – that’s a vague term, law. Your — one man’s law is another person’s regulations. And regulation is bad. Regulation stifles business and stifles entrepreneurship.

WARREN: No, no. no. See if we don’t have happens is exactly what happened then. And that is the big financial institutions made billions of dollars by cheating people on credit cards, mortgages.

COLBERT: What do you mean cheating people on credit cards? You sign up for a credit card, you use the credit card and then you have to pay your bills. Is that too complicated for Harvard?

(Excerpt) Read more at nation.foxnews.com ...


TOPICS: News/Current Events; US: Massachusetts
KEYWORDS: demagogicparty; elizabethwarren; fauxcahontas; fauxohontas; lieawatha; massachusetts; memebuilding; partisanmediashill; partisanmediashills; ronaldreagan; stephencolbert

1 posted on 05/20/2014 7:36:49 PM PDT by Lazamataz
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To: Lazamataz

I blame it on the BIA.


2 posted on 05/20/2014 7:37:58 PM PDT by Paladin2
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To: Lazamataz

White woman of color speak with For Ked tongue.


3 posted on 05/20/2014 7:38:03 PM PDT by FlingWingFlyer (Obama's smidgens are coming home to roost.)
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To: Lazamataz

When Elizabeth Warren holds a telephone up to her head the party at the other end hears the ocean.

True!


4 posted on 05/20/2014 7:39:24 PM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: Lazamataz

Maybe Princess Lying Toad could blame it on Sitting Bull.


5 posted on 05/20/2014 7:40:09 PM PDT by Luke21
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To: Lazamataz

Fauxcohantas needs to put a sock in it.


6 posted on 05/20/2014 7:40:42 PM PDT by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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To: Lazamataz

“Then starting in about the 1980s, we turned in a different direction. “

And thank God we did, idiot, because Carter was sitting there watching the country go down the drain. Reagan started a 20 year economic boom.

Gee, why the hell would we want to go back to the 80’s, we were all working.


7 posted on 05/20/2014 7:41:48 PM PDT by headstamp 2 (What would Scooby do?)
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To: Lazamataz

8 posted on 05/20/2014 7:42:27 PM PDT by ConservativeStatement ("World Peace 1.20.09.")
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To: LostInBayport

LOL!


9 posted on 05/20/2014 7:43:15 PM PDT by headstamp 2 (What would Scooby do?)
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To: Lazamataz
Reagan... not Bush???
10 posted on 05/20/2014 7:43:27 PM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: Lazamataz
I grew up in an America that was investing in kids. I

Miserable lying bitch..

She grew up buying foreclosed houses and flipping them.

From there she went on to lying about Indian ancestry to land a sweet job at Harvard.

She says she cares about the poor but lives in a multi-million dollar home in Cambridge.

11 posted on 05/20/2014 7:45:14 PM PDT by ladyjane
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To: Lazamataz

Wow, they be way too clever for me. If I didn’t know better I’d swear they’re trying to be sarcastic (or something).


12 posted on 05/20/2014 7:49:03 PM PDT by rockrr (Everything is different now...)
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To: ladyjane
She says she cares about the poor but lives in a multi-million dollar home in Cambridge.

Buy it's true, she cares a great deal about the poor. That is she cares a great deal about keeping the poor the hell away from her and her house in Cambridge.

13 posted on 05/20/2014 7:51:31 PM PDT by Mastador1 (I'll take a bad dog over a good politician any day!)
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To: Lazamataz

Are you serious? Honest injin?

/sarcasm


14 posted on 05/20/2014 7:53:24 PM PDT by PGalt
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To: headstamp 2

Does anybody remember the 1970’s? I do. It was hell. You couldn’t buy a job. Delusional Leftists.


15 posted on 05/20/2014 7:55:35 PM PDT by griswold3 (I was born heI're in America. I will die here in a third world country. Obama succeeded.)
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To: Lazamataz

Lincoln!


16 posted on 05/20/2014 7:59:31 PM PDT by SkyDancer (I Believe In The Law Until It Intereferes With Justice. And Pay Your Liberty Tax Citizen.)
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To: griswold3

“Does anybody remember the 1970’s? I do. It was hell. You couldn’t buy a job. Delusional Leftists.”

Yep, graduated 1980. My first election of voting age and voted for Ronald Reagan. I’ve never felt as proud as I did voting for that man that day.

Carter was an absolute disaster. As a high school age kid, we thought the world was coming to an end.


17 posted on 05/20/2014 8:00:24 PM PDT by headstamp 2 (What would Scooby do?)
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To: ladyjane

“She says she cares about the poor but lives in a multi-million dollar home in Cambridge.”

She does care about the poor and is going to use YOUR money to “help” them.


18 posted on 05/20/2014 8:02:29 PM PDT by headstamp 2 (What would Scooby do?)
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To: Lazamataz

Franklin Pierce did it!


19 posted on 05/20/2014 8:02:42 PM PDT by seowulf (Cogito cogito, ergo cogito sum. Cogito.---Ambrose Bierce)
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To: ConservativeStatement
Ronald Reagan photo: RONALD REAGAN POSTER reagen.jpg
20 posted on 05/20/2014 8:04:42 PM PDT by tumblindice (America's founding fathers: all armed conservatives)
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To: Lazamataz
"The Producers and Entrepreneurs are the men That Will not be Blamed for nothing"


21 posted on 05/20/2014 8:04:48 PM PDT by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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To: Lazamataz

Investing = Spending like a drunken Democrat and achieving nothing.


22 posted on 05/20/2014 8:07:52 PM PDT by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: Lazamataz

She’s right. But although it may have started with Reagan, each president after him—democrat and republican alike—did their best to screw the middle class.


23 posted on 05/20/2014 8:21:49 PM PDT by Age of Reason
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To: Lazamataz

Warren is blaming Reagan?? My gosh, I wonder when Dems going to blame Liberalism and unions on the decline of the middle class??


24 posted on 05/20/2014 8:22:19 PM PDT by ExCTCitizen (I'm ExCTCitizen and I approve this reply. If it does offend Libs, I'm NOT sorry...)
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To: Lazamataz
Great job by Colbert. He pimped her repeatedly, and she appears not to have gotten it most of the time. I suspect she really is as obtuse as most limousine liberals.
25 posted on 05/20/2014 8:22:59 PM PDT by hinckley buzzard
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To: headstamp 2

Obama makes Jimmy Carter look like FDR...


26 posted on 05/20/2014 8:25:15 PM PDT by ExCTCitizen (I'm ExCTCitizen and I approve this reply. If it does offend Libs, I'm NOT sorry...)
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To: Lazamataz
Message to Princess Liawatha:

SWEETIE,I DID BUILD THAT!


27 posted on 05/20/2014 8:33:09 PM PDT by Gay State Conservative (Rat Party Policy:Lie,Deny,Refuse To Comply)
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To: Lazamataz

Who gives a damn what this lying make believe Native American says.
She is an insult to every one of us who is actually real and on the books.
Run if you want warren but there will be a big drum beating every where you go.


28 posted on 05/20/2014 8:45:28 PM PDT by oldenuff2no
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To: Luke21

i think with the meadow muffins she’s speaking her name should be Sh1tting Bull (as she’s bulsh1tting).


29 posted on 05/20/2014 8:56:32 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: Secret Agent Man

So true.


30 posted on 05/20/2014 9:01:34 PM PDT by Luke21
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To: exit82

Actually back in the 80’s she was still trying to figure out what the funny little cardboard tubes were for that came out of the girls bathroom dispensing machine.


31 posted on 05/20/2014 9:08:47 PM PDT by biff (WAS)
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To: headstamp 2
I remember the 70's very well. I was working for Fluor Corporation in Colorado in 1979-1980. I was working as a young engineer on a construction site at Climax Mining in Leadville. We went from working 60+ hours/week to getting laid off in July 1980. Climax decided not to exercise an option for continued expansion of their mining operations due to the economy. After getting laid off, I took a part-time working for an electrician as a helper. I could not find an engineering job anywhere.

I spent a lot of time in the fall walking the streets of Tucson handing out Reagan campaign literature and registering people to vote. Watching Carter concede brought tears of joy to my eyes!
32 posted on 05/20/2014 9:52:12 PM PDT by wjcsux ("In a time of universal deceit, telling the truth becomes a revolutionary act." - George Orwell)
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To: Lazamataz

Heap big snow job!


33 posted on 05/20/2014 10:57:45 PM PDT by TigersEye ("No man left behind" is more than an Army Ranger credo it's the character of America.)
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To: Lazamataz
Let's consider the evolution of healthcare. In the 19th century in America health care was rendered almost exclusively by human eleemosynary institutions like charitable hospitals. When progressives made the case that healthcare should be provided for the indigent it was making an essentially moral argument. Are we going to let people die in the gutter or are we as a society going to organize to provide the destitute with emergency medical care?

Once the commitment was made that we would solve this moral dilemma with the intervention of government and compel hospitals to treat people who came to their emergency room, or to treat the indigent, or to treat illegal aliens, we had to establish a system but a system with unintended consequences. These services cost money and therefore people who never before considered they had a moral duty to part with their hard-earned money to provide health care for the poor now found themselves at the figurative end of the government's rifle barrel compelled to render up taxes to answer this moral dilemma.

Once the government subsidized it had to tax and once it taxed and subsidized it had to regulate. That is simply the nature of public funding. Every time a new moral dilemma popped up in healthcare, which with modern technology was happening virtually every day the cost of government intervention in healthcare delivery grew exponentially. Of course, as healthcare expenses grew exponentially, healthcare regulation also inevitably grew exponentially. Worse, the stampede toward regulation was accelerated as the government regulated more to undo the unintended consequences of past regulation.

One causing the other until the original moral imperative of helping the helpless becomes utterly perverted and the government becomes tyrannical and deprives its citizens of healthcare by the mother of all regulations-Obamacare.

One can lay this template down against so many aspects of human endeavor to see the pattern of regulatory growth leading ultimately to government tyranny.

Once Franklin Roosevelt schooled all politicians that their careers would be made up by pandering to the "moral need" to protect people from the vicissitudes of the free marketplace, the game was on in regulating all commerce until we see finally the lines cross, we regulate Wall Street and Main Street and healthcare until there is only tyranny as all lines meet in Washington.

Conservatives chronically lose the battle to stop regulations because we are quite correct morally but we are at the wrong end of the emotional arguments. We are telling folks to eat their spinach (no connection to Mrs. Obama) while the Democrats give them a sugary dessert. Politicians who pander to short-term interests will invariably be elected over politicians who call on the people to sacrifice today for the game tomorrow.


34 posted on 05/21/2014 2:18:56 AM PDT by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: Age of Reason
"She’s right. But although it may have started with Reagan,--"

I agree. Reagan was a great communicator of a vision of a strong and prosperous America. Yet he was not a technician or policy wonk. The unintended consequences of supply side (voodoo?) economics, deregulation, and free trade ideas that evolved from his administration led to the excesses of subsequent administrations that caused the collapse of 2008 that ushered Obama to power. That said, Reagan was a great president.

35 posted on 05/21/2014 2:49:38 AM PDT by buckalfa (Tilting at Windmills)
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To: buckalfa

You are off base Reagan lowered tax rates and reduced Federal regulations and the economy recovered. Congress under Clinton repealed Glass Steigal used CRA as a club against banks and allowed Fannie/Freddie to load up on crap mortgages which defaulted in huge numbers. Reagan was not the father of that Clinton Dodd Frank and other DemocRATs were


36 posted on 05/21/2014 4:08:09 AM PDT by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: Jimmy Valentine

Do demodummies ever take responsibility for their own actions instead of blaming a republican?


37 posted on 05/21/2014 6:19:26 AM PDT by DaveA37
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To: Jimmy Valentine; Age of Reason; buckalfa
You are absolute;y correct. Out of control inflation is what destroyed the middle class and inflation took off like wildfire under that congenital idiot from Plains, GA. Reagan/Volker got it under control. They would have had even greater success if the Democrat party in Congress under Tip O'Neil, another liar from Boston, had kept their side of the bargain to reduce spending.

Also correct about the CRA. Janet Reno threatened the banks with all sorts of suits if they did not do more lending to those who could never repay the loans. No great admirer of Bush Jr. but to his credit he tried a number of times to rein in Freddie Mac/ Fannie Mae and was actively opposed by Barney Frank and Chris Dodd.

38 posted on 05/21/2014 8:23:20 AM PDT by Timocrat (Ingnorantia non excusat)
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