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Keyword: warren
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Elizabeth Warren doesn't like the way Mitt Romney pays his taxes: "And that is that Mitt Romney pays 14% of his income in taxes and people who get out there and work for a living pay 25%, 28%, 30%, 33%. I get it. Mitt Romney gets a better deal than any of the rest of us because he manages to earn his income in a way that has been specially protected for rich folks. I think that's wrong," Elizabeth Warren, a democratic candidate for U.S. Senate from Massachusetts said on MSNBC's "The Last Word." In 2003 John Kerry paid an...
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“I realize there are some wealthy individuals – I’m not one of them, but some wealthy individuals who have a lot of stock portfolios” she told [Lawrence O'Donnell]. Hard to see how Warren wouldn’t be, by most standards, wealthy, according to the Personal Financial Disclosure form she filed to run for Senate shows that she’s worth as much as $14.5 million. She earned more than $429,000 from Harvard last year alone for a total of about $700,000, and lives in a house worth $5 million.
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Business mogul Warren Buffet is promising to match any donation Republican members make toward cutting the national deficit. And he upped the ante when it came to Senate Minority Leader Mitch McConnell (R-Ky.), saying he would match the leader's donations three-to-one. His pledge comes after McConnell said that if Buffett is feeling guilty about not paying more in taxes, he should just send in a check. "With regard to his tax rate, if he’s feeling guilty about it, I think he should send in a check," McConnell said on NBC's "Meet the Press" in September.
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President Barack Obama says he won't take "no" as an answer from Republicans, so he's going around them to appoint the head of a new consumer protection agency. Obama says Republicans would just keep holding Richard Cordray's nomination hostage—and the president says that's inexcusable and wrong. He says Cordray must be in place in order for the Consumer Financial Protection Bureau to start helping consumers deal with unscrupulous mortgage companies, dishonest payday lenders, and others. Obama announced the appointment of Cordray during a stop Wednesday in Ohio, where Cordray once served as attorney general. Republicans are outraged but Obama says...
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Democrat Elizabeth Warren has opened up a lead against Republican incumbent Scott Brown for the first time in their U.S. Senate showdown, but a barrage of attack ads appears to have damaged Warren and Brown’s standing among Massachusetts voters, a new University of Massachusetts at Lowell/Boston Herald poll shows.
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Parody videos satirize Warren’s polarizing traits in Mass. Senate race By Josh Lederman - 11/26/11 09:58 AM ET The “fake Elizabeth Warren” has a challenge for the real Elizabeth Warren: Embrace campaign finance reform. What started as a low-budget endeavor by a group of comedians to parody a campaign video has spread across the Internet and become the comic, exaggerated embodiment of everything liberals love and conservatives detest about this high-flying Senate candidate. Now, its creators are using their newfound platform to goad Warren’s campaign into prioritizing a political issue they care about. There was no foretelling that the videos...
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Think Occupy Wall Street (OWS) is just non-peaceable assembly of malcontents and miscreants literally infesting American cities? Think again. The OWS agenda is now law of the land in the form of a government agency called the Consumer Financial Protection Bureau (CFPB). The CFPB was created under the Dodd-Frank financial -- ahem -- "reform" legislation when Democrats controlled both chambers of Congress in 2009. The law was signed by President Obama, who simultaneously manages to be Goldman-Sachs’ best friend and an OWS sympathizer. Harvard law professor Elizabeth Warren, who is now running for the senate seat held by Sen. Scott...
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On the campaign trail in Massachusetts last month with the Senate candidate Elizabeth Warren, I bore witness to acts of extreme giddiness: a 20-year-old student jumping up and down, exclaiming, “Oh, my God, I am obsessed with her”; a third-year law student of Warren’s comparing her to a superhero (“Wonder Woman wishes she could be Professor Warren”); a man stopping Warren on the street and introducing himself as the guy who recently passed her a mash note on a plane (“I was hitting on you,” he said). Warren has been something of a left-wing idol for a couple of years...
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U.S. Senate hopeful and Harvard Law prof Elizabeth Warren, who has claimed she laid the “intellectual foundation” for the Occupy Wall Street movement, is jilting the anti-corporate proteges in her own Ivy League yard, refusing to sign a petition in support of Occupy Harvard. ... The move distances Warren from an organization that is losing public support, according to a Public Policy Polling survey released yesterday. It also has made her a target of the Karl Rove-backed Crossroads GPS political organization, which unleashed a negative ad last week blasting her for supporting radicals over jobs. Warren backed off her “intellectual...
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BOSTON—Massachusetts U.S. Senate hopeful Elizabeth Warren is teaming up with incumbent U.S. Sen. Maria Cantwell for a joint fundraising event in Cantwell's home state of Washington. The "Fighting for Main Street" event includes a $1,250-a-plate luncheon at the Columbia Tower Club in Seattle and a $40 per ticket reception at the city's Paramount Theater. All money raised at the Dec. 9 event will be split between the two Democrats. The decision to hold a joint fundraiser reflects the growing star power Warren is enjoying among Democrats nationally.
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Even as Bank of America and other major lenders back away from charging customers to use their debit cards, many banks have been quietly imposing other new fees. Need to replace a lost debit card? Bank of America now charges $5 — or $20 for rush delivery. Deposit money with a mobile phone? At U.S. Bancorp, it is now 50 cents a check. Want cash wired to your account? Starting in December, that will cost $15 for each incoming domestic payment at TD Bank. Facing a reaction from an angry public and heightened scrutiny from regulators, banks are turning to...
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WASHINGTON (AP) — Massachusetts Senate candidate Elizabeth Warren is filling a void for liberal but disillusioned Democrats who flocked to President Barack Obama in 2008. She's attracting attention, money and help the liberal left isn't yet eager to give to Obama. A longtime consumer advocate, the Harvard University professor has cast herself as a crusader against corporations and once said her work provided the "intellectual foundation" of the Occupy Wall Street movement — a statement Warren later backed away from. She's drawing large crowds and flexing her fundraising muscle with help from national progressive groups as her candidacy has caught...
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In a new interview, Democratic Senate candidate Elizabeth Warren claims much of the credit for the Occupy Wall Street protests sweeping the nation. “I created much of the intellectual foundation for what they do,” the Harvard Law School professor and former Obama administration consumer advocate told Samuel P. Jacobs of The Daily Beast. “I support what they do.” The National Republican Senatorial Committee, charged with helped Senator Scott Brown win reelection, jumped on the comment.
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Republicans who seek to tie Elizabeth Warren to the "Occupy Wall Street" protests are getting an assist from the candidate herself. The Democrat running for Massachusetts Senate tells The Daily Beast she created "much of the intellectual foundation for what they do," -- a clean and clear embrace of the movement that originated in Canada and has spread to cities across the country. It's a striking signal the Harvard professor is not afraid to be aligned with the protests the GOP is eager to portray as unorganized, reckless and outside the mainstream.
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The biggest danger facing Cambridge elitist Elizabeth Warren, the Democrats' celebrity candidate for the U.S. Senate, is that she is turning into Martha Coakley. Two years ago, Coakley, the attorney general, was the odds-on favorite to run away with the U.S. Senate seat made vacant by the death of Ted Kennedy. She rolled up an impressive victory in the four-way Democratic primary, and it seemed her only problem was picking out her office furniture after she, as expected, squashed Republican Scott Brown, the unknown state senator from Wayland. Coakley's supporters -- President Barack Obama, Gov. Deval Patrick, U.S. Sen. John...
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For those inclined to rhapsodize Harvard Law Professor and now Democratic Senate candidate Elizabeth Warren, it is a salutary experience—as salutary as a cold shower—to read this analysis of Warren’s major politically significant work by Atlantic blogger and brilliant student of economics Megan McArdle. Of Warren’s book The Two Income Trap, McArdle writes ” the deeper problem is that some of her evidence doesn't really support her thesis, and can be made to appear to support her thesis only by making some very weird choices about what metrics to use.” McArdle eviscerates Warren’s
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"The response," Pelosi said, "really, I thought, spoke volumes about how clueless Sen. Brown is. It really spoke volumes about disrespect for women that, really, he might not even realize. I bet you he'd like to take it back. ... But women know. They hear a comment like that, it tells a lot about somebody."
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“Thank God” is right. Finally the Massachusetts Senate race is starting to get interesting. No, not the primary — that’s over and done. Obedient Massachusetts Democrats will do as they’re told and nominate the party bosses’ pick, Harvard Law professor Elizabeth Warren. I’m talking about the battle royale, Scott Brown vs. Elizabeth Warren which has turned, literally, into a “beauty contest.” It began at Tuesday night’s Boston Herald debate when Warren was asked how she paid for college. In reference to Brown posing for Cosmo, Warren quipped, “I kept my clothes on.” Gales of hearty liberal laughter ensued. Then, yesterday...
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Elizabeth Warren, Harvard law professor and former Obama administration regulator (for consumer protection), is modern liberalism incarnate. As she seeks the Senate seat Democrats held for 57 years before 2010, when Republican Scott Brown impertinently won it, she clarifies the liberal project and the stakes of contemporary politics. The project is to dilute the concept of individualism, thereby refuting respect for the individual’s zone of sovereignty. The regulatory state, liberalism’s instrument, constantly tries to contract that zone
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Hold on to your wallet: The Durbin Amendment goes into effect Saturday. The once-obscure amendment to the Dodd-Frank financial-reform bill limits “interchange fees,” which banks charge to merchants for providing the service that allows stores to accept debit-card payments. The fees were cut by some 80 percent, which makes it less profitable for banks to offer debit-card services. So the banks have done the natural thing and begun to transfer the fee from merchants to their customers, with Bank of America announcing a new $5-per-month fee for debit-card users. Naturally, the amendment’s author, Sen. Dick Durbin (D., Ill.) is in...
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Elizabeth Warren, running for the US Senate in Massachusetts as (what else?) a Democrat, recently let fly with a little indignant speech which was supposed to serve notice to all of the hicks in flyover country of the essential moral superiority of the Eastern, statist position:There is nobody in this country who got rich on his own. Nobody. You built a factory out there — good for you!But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were...
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Elizabeth Warren holds a commanding lead over her rivals for the Democratic US Senate nomination and would be in a dead heat with Republican Scott Brown in next November’s general election, according to a poll released tonight. Warren, a Harvard professor who recently left the Obama administration, would get 36 percent of the vote among Democratic primary voters while none of her five opponents would get more than 5 percent, according to the UMass Lowell-Boston Herald Poll. The poll of 1,000 registered voters said Brown would lead Warren 41 percent to 38 percent, which is within the margin of error...
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BEGIN TRANSCRIPT RUSH: Let's go to audio sound bite number five and review. Let us remember September 2011 Andover, Massachusetts, Elizabeth Warren running for the Senate in Massachusetts trying for the Democrat seat to run against Scott Brown, and she's on her talking tour. She's going to people's homes in Massachusetts, and this is the babe that was the former chair of the TARP panel. This is a law professor at Harvard. She was at Rutgers. She has had numerous sources of income. At one time I remember asking, "I wonder how many pensions this woman has," but she's not...
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She's Baaaaack! No sooner does Noman think he's done with Elizabeth Warren than she leaps into the fray with yet more provocative material. This woman is a living, breathing blog-op. It's worth taking time to address her for several reasons. First, she's a walking compendium of Liberal certitudes whose cocksure righteousness causes her to effuse pristine formulations of Statist credal beliefs. Secondly, she's a Chaired Harvard Law Professor, which attests to her position at the top of the profession's food chain, and highlights the beliefs that animate the nation's preeminent reservoir of legal wisdom. Finally, she's a perpetual menace to...
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Elizabeth Warren on Debt Crisis, Fair Taxation - YouTube
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Former TARP chairman and Senate hopeful from Massachusetts Elizabeth Warren gave a shot in the arm to “progressives” everywhere this past Wednesday, with a rousing (or is it rabble-rousing?) extemporaneous speech on the virtues of taxing the rich. Her commentary quickly made the rounds on the Web and radio talk shows — and for good reason. Whatever this law professor said, she said it pretty darn well. Hey, If President Downgrade could articulate himself like that, he wouldn’t be in a bigamous relationship with a Teleprompter. Unfortunately, though, style doesn’t connote substance. And Warren’s words, while rousing, were also reality-bending....
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BEGIN TRANSCRIPT RUSH: Okay, now you people know, you are well aware one of the reasons you listen is I know liberals. I know them. I know them like every square inch of my gloriously naked body. Dealing with liberals is like dealing with a one-armed lunatic. They're just gonna keep swinging. They're gonna keep fighting no matter what you do. They never go away. And I know what they're gonna do and why they're gonna do it before they do it, and people marvel at this. We have an opportunity now because of the utterance of Elizabeth Warren, she's...
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“I hear all this, you know, ‘Well, this is class warfare, this is whatever. No. There is nobody in this country who got rich on his own — nobody," Elizabeth Warren (D-Massachusetts) said. Warren is running for the Democratic nomination for U.S. Senate in Massachusetts. Warren hopes to face off with Sen. Scott Brown (R-MA) in the general election.
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Elizabeth Warren, not too long ago a top financial adviser to President Obama who helped set up the new consumer protection agency, appears to be trying to raise money from Wall Street types for her Senate bid in Massachusetts. POLITICO’s Ben White reports in Morning Money that this e-mail is floating around from Cravath, Swaine & Moore partner Richard Levin, the head of the restructuring practice: In my many years of working with her on bankruptcy and consumer finance issues, I have found her to be a very thoughtful, unselfish, rational advocate for the economic interests of the middle class....
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Massachusetts Senate candidate and Wall Street "Enemy #1" Elizabeth Warren was caught on video last month decrying the GOP's charge that Democrats are engaging in "class warfare." “I hear all this, you know, ‘Well, this is class warfare, this is whatever,’” Warren said. “No. There is nobody in this country who got rich on his own. Nobody. She goes on to describe how the "social contract" helps everyone. “You built a factory out there? Good for you. But I want to be clear: you moved your goods to market on the roads the rest of us paid for; you hired...
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I hear all this, you know, “Well, this is class warfare, this is whatever.”—No! There is nobody in this country who got rich on his own. Nobody. You built a factory out there—good for you! But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn’t have to worry that maurauding bands would come and seize everything at...
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Question 18: If you are a Democrat, press 1. If a Republican, press 2. If you are an independent or identify with another party, press 3. Democrat ..... 40% Republican..... 15% Independent/Other.....45%
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Elizabeth Warren has had an incredibly successful launch to her Senate campaign and actually leads Scott Brown now by a 46-44 margin, erasing what was a 15 point deficit the last time we polled the state in early June. Warren's gone from 38% name recognition to 62% over the last three months and she's made a good first impression on pretty much everyone who's developed an opinion about her during that period of time. What was a 21/17 favorability rating in June is now 40/22- in other words she's increased the voters with a positive opinion of her by 19%....
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Warren B. is OK with paying more tax. I think he is wrong. I am not against paying more or even spending more. I am against sending it and spending it in Wash. DC. The liberal premise and mantra is that if you want Police and Firemen and Teachers and Art, then you have to send the money to Wash. I do not accept that premise. I am disappointed that many inside-beltway-conservatives do in fact accept this premise. They just want the growth of taxation and spending to be a little slower. Wrong! Start now to end the Depts. of...
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Elizabeth Warren, a Harvard professor and former Obama administration official who became a hero to liberals with her sharp critique of the nation’s financial institutions, will announce Wednesday that she is challenging Sen. Scott Brown of Massachusetts for his seat in 2012. Warren, 62, had been widely expected to run and had been conducting a campaign-style listening tour. She will formally announce her intentions with an online video statement as she travels the state.
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This tweet is appalling. Odious. Have you fallen down the rabbit hole so far you have forgotten Matthew 25:31-46? Here, let me quote it for you, and for readers who may not be familiar with it: From the New International Version: 31 “When the Son of Man comes in his glory, and all the angels with him, he will sit on his glorious throne. 32 All the nations will be gathered before him, and he will separate the people one from another as a shepherd separates the sheep from the goats. 33 He will put the sheep on his right...
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WASHINGTON (AP) — President Barack Obama intends to nominate former Ohio Attorney General Richard Cordray to lead a new consumer financial protection bureau that was a central feature of a law that overhauled banking regulations. Obama plans to announce the nomination formally on Monday, the White House said in a statement Sunday. Republicans immediately threatened to block his Senate confirmation. In choosing Cordray, Obama bypassed Elizabeth Warren, a favorite of consumer groups, who has been assembling the agency as a special adviser to the White House and to Treasury Secretary Timothy Geithner. The agency will officially begin its oversight and...
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Obama is appointing Elizabeth Warren to head the new and possibly most powerful government agency ever created: The Consumer Financial Protection Bureau, which will oversee and approve every single credit transaction in America. Check out the link provided. Here is another link to a video of House Republicans attempting to stop her nomination. Video
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NTEB has reported extensively on the growing Chrislam movement. Started by Rick Warren of Saddleback Church, it has grown dramatically and now has infected many hundreds of churches and denominations all across America. A group called Faith Shared is now spearheading the move to merge Christianity with Islam, and in the process provoking the very judgment of God down upon us as a nation. The following is taken directly from their website: “Faith Shared asks houses of worship across the country to organize events involving clergy reading from each other’s sacred texts. An example would be a Christian Minister, Jewish...
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Newly obtained documents raise the question of whether Elizabeth Warren, a top aide to President Obama and liberal darling, lied to Congress in downplaying her role in ongoing settlement negotiations over a major legal dispute. Warren, who has said she is “advising” the President on establishing the nascent Consumer Financial Protection Bureau [CFPB] – a new federal agency created by the Dodd-Frank financial reform law that does not obtain any legal authority until July 21 – is actually leading the organization as if it already existed, documents show. Her aggressive push of “CFPB’s view,” as one email puts it, is...
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Elizabeth Warren, a top Obama aide and liberal darling, recently told the Republican chairman of a House subcommittee she needed to leave his hearing for another scheduled meeting.
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With the Obama legislative agenda stalled, the left has turned its attention toward using the Executive power to accomplish their socialist goals. The key to this strategy is to the pack agencies, boards, and commissions such as the National Labor Relations Board and the Consumer Financial Protection Bureau, with leftists like Craig Becker and Elizabeth Warren who will advance the collectivist agenda, regardless of whether there is any legal authority to do so. The Senate has blocked several of the more radical nominees, but under the Constitution, President Obama has the power to appoint them during a Congressional recess. Republican...
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President Obama has used recess appointments in the past to get controversial nominees into the positions he chose for them. So the Republicans employed a little used legislative gambit to block the president's expected recess appointment of Elizabeth Warren to head up the new Consumer Finance Protection Board. The Hill: GOP opposition is preventing the Senate from completely adjourning for the Memorial Day recess. Instead, the chamber will come in for three pro-forma sessions over the next 10 days. The cursory sessions are a formality that will ensure President Obama does not make recess appointments, a prospect that was considered...
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Elizabeth Warren, President Obama's controversial choice to head the new consumer financial regulatory agency, skipped out of a House Oversight hearing before answering questions from two members of the committee, claiming that she had reached an agreement allowing her to leave at that time. But Rep. Patrick McHenry, R-NC, chair of the subcommittee holding the hearing, said no such agreement existed. “You're making this up, Ms. Warren,” McHenry fired back when Warren claimed she only agreed to come under the condition she could leave
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WASHINGTON — Officials in the Democratic Party are wooing Elizabeth Warren to run for the Senate against the Massachusetts Republican Scott P. Brown rather than have her continue to set up the new Consumer Financial Protection Bureau. Ms. Warren has become a lightning rod for controversy over the new agency, which she conceived and is helping create. Consumer groups and some Democrats have demanded her appointment as its first director. A group of 44 Senate Republicans, with applause from the financial industry, has promised to block any nominee.
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House Democrats are urging President Obama to use a recess appointment to install Elizabeth Warren as head of the Consumer Financial Protection Bureau (CFPB). Republican senators have vowed to block any nominee to the bureau until Democrats agree to weaken its powers. Several Democratic House members are circulating a letter among colleagues, asking for their support for the recess appointment.Please join us in sending a letter to President Obama requesting that he use every option available to him, including a recess appointment if necessary, to ensure that Ms. Warren is the CFPB's first director," the lawmakers wrote in a "Dear...
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According to a report from Marketwatch, At Berkshire Hathaway’s annual meeting in Omaha, Chairman Warren Buffett raised more than a few eyebrows when he said that, “The United States is not going to have a debt crisis as long as we keep issuing our debts in our own currency. The only thing we have to worry about is the printing press and inflation.” He took some heat for that statement. I think it is a bit odd to contend that we don’t already have a debt crisis. If we don't have a DEBT crisis, then we certainly have a CURRENCY...
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Washington (CNN) – Add another name to the list of Democrats determined to oust Republican Massachusetts Sen. Scott Brown from his seat. On Monday, Newton Mayor Setti Warren announced he will run against the first-term Republican in next year's Senate race. The Democratic mayor unveiled a web video that was part personal biography, part anti-Brown attack ad.
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If Warren Buffett has one recommendation investors should follow, it's this: stay away from long-term fixed-income bets in U.S. dollars -- the dollar's purchasing power is heading south. According to Bloomberg, the Berkshire chief said in India yesterday: I would recommend against buying long-term fixed-dollar investments. If you ask me if the U.S. dollar is going to hold its purchasing power fully at the level of 2011, 5 years, 10 years or 20 years from now, I would tell you it will not. I would much rather own businesses. It’s very easy to take away the value of fixed-dollar investments.
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WASHINGTON (Reuters) - Elizabeth Warren, the Obama administration's defender of financial consumers, will venture into the corporate lion's den this week, along with Jamie Dimon, CEO of banking giant JPMorgan Chase & Co. The two will be speakers at an event set for Wednesday at the U.S. Chamber of Commerce, the country's largest business lobbying group, in its Corinthian-columned headquarters situated within view of the White House. Warren, 61, is an earnest Harvard Law School professor brought up in Oklahoma, while Dimon, 55, is a consummate New York City insider and one of Wall Street's richest CEOs. He was once...
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