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Elizabeth Warren: You know who’s really to blame for this middle-class erosion? Reagan.
Hotair ^ | 05/21/2014 | Erika Johnsen

Posted on 05/21/2014 7:04:40 AM PDT by SeekAndFind

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:

CLICK ABOVE LINK FOR THE VIDEO

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? …

WARREN: Let’s be clear about this. It was supporting having the regulators look the other way while the biggest financial institutions did every trick and every trap possible in credit cards, in mortgages, in checking account rules. And they made billions of dollars doing it. And at the same time they loaded up on risk. And what ultimately happened by 2008 was that they broke the economy. They got bailed out by the taxpayers. They continued to break the law in foreclosing on people’s mortgages.

After such a strong dose of oversimplified yet underhanded populism, all I can do at the moment is point you to the WSJ’s review of her book she was on Colbert’s show promoting… and shake. My. Head.


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; News/Current Events; US: Massachusetts
KEYWORDS: elizabethwarren; fauxohontas; financialcrisis; lieawatha; massachusetts; reagan; ronaldreagan

1 posted on 05/21/2014 7:04:40 AM PDT by SeekAndFind
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To: SeekAndFind

Bunk.

Just plain, unadulterated bunk.


2 posted on 05/21/2014 7:05:12 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: SeekAndFind

America’s next POTUS, if she wants to be. I can see her emulating Caliph Baraq and defeating Hillary by attacking on her left flank.


3 posted on 05/21/2014 7:07:27 AM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: SeekAndFind

We have way too many stupid people in positions of power and influence.


4 posted on 05/21/2014 7:08:32 AM PDT by Resolute Conservative
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To: SeekAndFind

If the Senate were retaken later this year, as Majority Leader of the Senate, I would reassign Ms Warren’s contingent to offices in the nearest Senate Woman’s Bathroom, third stall down on the left.


5 posted on 05/21/2014 7:11:27 AM PDT by Gaffer
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To: SeekAndFind
Surprised she didn't manage to insert her supposed "American Indian" heritage into the conversation.

What a loathesome, disingenuous moron.

6 posted on 05/21/2014 7:12:01 AM PDT by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell)
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To: SeekAndFind

The faux-squaw speaks!


7 posted on 05/21/2014 7:12:26 AM PDT by LucianOfSamasota (Tanstaafl - its not just for breakfast anymore...)
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To: SeekAndFind

American can survive Elizabeth Warren and Hussien Obama, but it cannot survive the people who continue to elect these tyrants.


8 posted on 05/21/2014 7:15:16 AM PDT by lormand (Inside every liberal is a dung slinging monkey)
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To: Resolute Conservative

“We have way too many stupid people in positions of power and influence.”

She’s not stupid. She’s both smart and shrewd. And, she knows that plenty of Americans are indeed stupid. And, will believe the garbage she spews out, sadly....


9 posted on 05/21/2014 7:17:10 AM PDT by snoringbear (E.oGovernment is the Pimp,)
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To: SeekAndFind
Ronald Reagan 1980 Republican National Convention Acceptance Address delivered 17 July 1980, Detroit, MI

Reagan was all about the middle class. Today we have a marxist party and a socialist party.
10 posted on 05/21/2014 7:18:14 AM PDT by cripplecreek (Remember the River Raisin.)
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To: SeekAndFind

“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....”

Yeah, when the baby boomers grew up and became highly successful professionals and liberal Democrats, they passed lots of laws and regulations that guaranteed no one would be able to replicate their success. They call it helping the poor, but in fact all government spending ends up in their pockets.


11 posted on 05/21/2014 7:20:10 AM PDT by proxy_user
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To: SeekAndFind

No, fake indians who commit fraud to get college funds destined for real indians are to blame 100%

(my claim is just as valid as hers)


12 posted on 05/21/2014 7:20:21 AM PDT by Mr. K (If you like your constitution, you can keep it...Period. PALIN/CRUZ 2016)
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To: SeekAndFind

Could it be that the dim-bulb-crats have found an even more clueless bimbo than the Pelosiwench?

And she brings extra features to append to her stupidity..she lies about everything.

I am not sure whether she boinked a rich guy to get where she is...but given liberal womyn’s history...it is highly probable.


13 posted on 05/21/2014 7:22:51 AM PDT by Da Coyote
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To: SeekAndFind

Assuming of course the Rats have been powerless for 25 years?


14 posted on 05/21/2014 7:22:54 AM PDT by ImJustAnotherOkie (zerogottago)
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To: nascarnation

Reagan? Blame Clinton, Blame Bush or better yet-—Obama—but Not Reagan. This lady has proven herself an idealog just like Obama/Clinton. Its all capitalisms fault—its all the Christian racists—homophobes. Dump them and follow Marx to the Worker’s paradise! (We can make it work this time!)


15 posted on 05/21/2014 7:28:06 AM PDT by Forward the Light Brigade (Into the Jaws of H*ll)
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To: SeekAndFind

Where did this ignorant idiot come from? She needs a brain adjustment or maybe a brain, period.


16 posted on 05/21/2014 7:28:09 AM PDT by mulligan (I)
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To: SeekAndFind

Heck, why not blame George Washington?


17 posted on 05/21/2014 7:30:27 AM PDT by tacticalogic
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To: SeekAndFind

“And what ultimately happened by 2008 was that they broke the economy.”

And the Clinton admin’s force-feed of the relatively dormant CRA did nothing, huh? And the repeal of Glass-Steagal? That didn’t affect the banks, did it?

This is complete flaming bullshit. Stuff that happened 20+ years ago, that stuff supplanted the far more strenuous errors committed 15 years thereafter which shoulder no blame in this stupid idealogue’s warped sense of history. She should be ashamed and she just lost whatever shred of credibility she once had.


18 posted on 05/21/2014 7:34:37 AM PDT by Attention Surplus Disorder (At no time was the Obama administration aware of what the Obama administration was doing)
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To: mulligan

RE: Where did this ignorant idiot come from? She needs a brain adjustment or maybe a brain, period.

So, what does that make the voters of Massachusetts who got her into Senate?


19 posted on 05/21/2014 7:35:31 AM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: SeekAndFind

The takeaway is that she ADMITS the middle-class HAS been gutted.


20 posted on 05/21/2014 7:39:17 AM PDT by txhurl (Trump/Cruz '16, and everybody else for Cabinet members.)
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To: SeekAndFind

“We” invested in public universities, all right. & boy, is it paying off BIG!
To people like her.


21 posted on 05/21/2014 7:41:55 AM PDT by KGeorge (Till we're together again, Gypsy girl. May 28, 1998- June 3, 2013)
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To: SeekAndFind

They still haven’t gotten over Reagan!


22 posted on 05/21/2014 7:43:14 AM PDT by I want the USA back (Media: completely irresponsible. Complicit in the destruction of this country.)
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To: SeekAndFind
I just wasted thirty seconds of my life that I won't get back.

5.56mm

23 posted on 05/21/2014 7:44:52 AM PDT by M Kehoe
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To: txhurl

She just doesn’t want to admit who is responsible.


24 posted on 05/21/2014 7:45:17 AM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: M Kehoe

Unfortunately we’ll be seeing a LOT more of her in the next 2 years.


25 posted on 05/21/2014 7:45:52 AM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: SeekAndFind

Elizabeth Warren sounding more and more a Nancy Pelosi jr


26 posted on 05/21/2014 7:49:38 AM PDT by molson209 (Blank)
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To: SeekAndFind

Didn’t she get paid like $250,000 for teaching one class at Harvard? Money laundering.


27 posted on 05/21/2014 7:50:53 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: SeekAndFind

Bogushontas is simply too stupid for words


28 posted on 05/21/2014 7:50:54 AM PDT by Ouderkirk (To the left, everything must evidence that this or that strand of leftist theory is true)
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To: Army Air Corps

And 125% Loan-to-Value are making a comeback!


29 posted on 05/21/2014 7:53:33 AM PDT by txhurl (Trump/Cruz '16, and everybody else for Cabinet members.)
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To: SeekAndFind
It had a higher minimum wage.

When has the minimum wage ever gone down? This broad is a freakin' lunatic.

30 posted on 05/21/2014 7:57:12 AM PDT by Bloody Sam Roberts (Only Liberals can look at an amendment that says "shall not be infringed" and see blank parchment.)
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To: nascarnation

The country is just all sorts of primed and ready for a populist rabble-rouser to sweep into power. And she seems like just the gal to do it.


31 posted on 05/21/2014 7:58:52 AM PDT by Buckeye McFrog
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To: SeekAndFind

Faux Squaw drinking fire water again. RDS - Reagan Derangement Syndrome.


32 posted on 05/21/2014 8:00:08 AM PDT by Polyxene (Out of the depths I have cried to Thee, O Lord; Lord, hear my voice.)
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To: SeekAndFind
So, what does that make the voters of Massachusetts who got her into Senate?

If I had no scruples, no morals to limit my actions in polite society, no family to worry over or any other responsibilities...I'd call them a "Target Rich Environment".

33 posted on 05/21/2014 8:06:38 AM PDT by Bloody Sam Roberts (Only Liberals can look at an amendment that says "shall not be infringed" and see blank parchment.)
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To: SeekAndFind

OH! REAGAN was responsible for the financial crash of 2008,

not the CRA...

yeah, sure... what kind of derangement do you have to have in order to think this way?


34 posted on 05/21/2014 8:09:33 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: SeekAndFind

If this woman ever becomes our president we will have to raise our children to see the office and the person as decidedly evil and a tyrant.

“Dad, who is the president?”

“Someone you should fear, son, someone who wants to make you poor and hurt your family!...”

Etc.


35 posted on 05/21/2014 8:17:47 AM PDT by Individual Rights in NJ (I don't even know what to say anymore...)
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To: SeekAndFind
Tell me: during whose administration did the rate accelerate and during whose administration did the rate decline?
36 posted on 05/21/2014 8:26:22 AM PDT by thejokker
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To: SeekAndFind

I thought it was all Bush’s fault. :-)


37 posted on 05/21/2014 8:29:25 AM PDT by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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To: nascarnation

You betcha! I say that too, every chance I get. The brainless, moderate-but-essentially-left-leaning middle class (oh, I’m in MA, btw) think she is the second coming. The love is up there with the adoration of 0. Her staggering ignorance of basic economics is what really scares me, she makes Mugabe look like Milton Friedman. Add to that the fake pedigree (Haaahvard darling) and she has all the positives (in their mind) of her thighness with none of the baggage.


38 posted on 05/21/2014 9:28:58 AM PDT by Riflema
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To: SeekAndFind

Just EXACTLY how old was this faux-Indian in 1980???

I cannot listen to a single word she spouts.


39 posted on 05/21/2014 9:38:46 AM PDT by ridesthemiles
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To: SeekAndFind

Watch and listen my friends.

This is Alinsky style liberalism at its finest.

Make a statement, no matter how outrageous, pin an issue on your enemies, and move on.

They depend on people (who have no capacity to understand even a simple issue, either by diminished intellect or by liberal dogma that precludes the truth) to simply accept what they say as fact and propagate it.

If even 30% of those people ever find out the truth, it is still a major victory.

I will say, in this case, I don’t think the douchebag Warren is being deliberately evil. I think she actually believes what she is spouting.

I always break liberals up by the rule of thirds, the top third are bleeding hearts or simply ignorant of the facts.

The second third are the true believers with wild eyes and spittle on their lips who spout the party line from their flushed faces.

The last third are the people who know what a load of crap liberalism is, but recognize it is all about power and control over others.

Elizabeth Warren is in the second third, in my opinion. A river of knowledge a mile wide on liberal dogma but a nanometer deep, and a stunted intellect to match it.

For some reason, that disturbs me far more than the possibility she is a hard-eyed Obama/Clinton/Kennedy Alinskyite.


40 posted on 05/21/2014 9:42:32 AM PDT by rlmorel ("A nation, despicable by its weakness, forfeits even the privilege of being neutral." A. Hamilton)
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To: SeekAndFind

Do you have any liberal politicians in your state, SeekAndFind?


41 posted on 05/21/2014 9:44:03 AM PDT by rlmorel ("A nation, despicable by its weakness, forfeits even the privilege of being neutral." A. Hamilton)
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To: SeekAndFind
Stupid bitch. Reagan carried MA in both '80 and '84. There are enough people in MA form my age group who will call this slut out on her lies.

Wanna perpetuate destruction of the middle class? More of Carter's economic malaise would have done the trick. Just like the punk POTUS is doing now.

42 posted on 05/21/2014 9:46:12 AM PDT by catfish1957 (Face it!!!! The government in DC is full of treasonous bastards)
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To: rlmorel

RE: Do you have any liberal politicians in your state, SeekAndFind?

The MAJORITY of politicians and voters in my state are LIBERAL.


43 posted on 05/21/2014 9:50:47 AM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: Resolute Conservative
we have way too many stupid people in positions of power and influence

Are those the people that are going to let Elizabeth Warren own the issue that the banking/globalist elites get enriched and bailed out while just about everybody else in the US has accrued impossible debt? That small businesses can't emerge because big businesses control the laws? That cheap labor, much of it foreign, has not been good for normal US citizens?

If Warren takes on the elite globalist power-brokers, both parties, she'll do quite well.

Of course I don't want a Warren presidency. But I'd rather have her than a backstabber such as Jeb, Christie, or Paul Ryan.

44 posted on 05/21/2014 9:53:32 AM PDT by grania
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To: SeekAndFind

I would gladly tell you, but 65 years ago my mother forbade me from ever using that kind of language in public.
Only while at sea was I freed from fear of punishment, as the rest of the crew spoke the same language.
Oh, I am from Massachusetts so my thought is accurate.


45 posted on 05/21/2014 9:56:36 AM PDT by CaptainAmiigaf (NY TIMES: We print the news as it fits our views.)
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To: SeekAndFind

Pssst. Elizabeth — Indian Princess — most of the big Wall Street & Financial Institution ‘money’ is going to YOUR party. Go sell your revisionist history to them at your cocktail parties.


46 posted on 05/21/2014 10:50:43 AM PDT by Tallguy
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To: SeekAndFind

Yeah. Mine too.


47 posted on 05/21/2014 11:50:21 AM PDT by rlmorel ("A nation, despicable by its weakness, forfeits even the privilege of being neutral." A. Hamilton)
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To: catfish1957

bttt


48 posted on 05/21/2014 11:51:16 AM PDT by Gene Eric (Don't be a statist!)
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To: SeekAndFind

Fauxcahontas, you ignorant slut.


49 posted on 05/21/2014 9:38:52 PM PDT by fieldmarshaldj (Resist We Much)
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To: SeekAndFind

I worked for President Reagan, Senator. You’re FOS. I just saved you 1,000 days of gam-flapping.


50 posted on 05/22/2014 12:58:30 PM PDT by 2ndDivisionVet (I will raise $2M for Cruz and/or Palin's next run, what will you do?)
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