Posts tagged Elizabeth Warren

Posts tagged Elizabeth Warren
Sen. Elizabeth Warren (D-Mass.) on the Senate floor today: “Change is needed in many areas, but we can start with how we fund elections.”
Earlier this week, it was reported that former AIG CEO Hank Greenberg donated $10 million to Jeb Bush’s super PAC. Here’s how Sen. Elizabeth Warren (D-Mass.) responded on Twitter today:
Let’s get this straight: CEO Hank Greenberg ran AIG as it recklessly gambled on mortgage-backed securities…
— Elizabeth Warren (@elizabethforma) January 8, 2016Hank Greenberg left his company just before AIG took a $182 billion bailout from the Bush Administration…
— Elizabeth Warren (@elizabethforma) January 8, 2016Once his GOP friends left office, Greenberg sued the Obama Administration because – get this – the bailout wasn’t generous enough for him…
— Elizabeth Warren (@elizabethforma) January 8, 2016And now, Greenberg is giving $10 million of his AIG fortune to try to save Jeb Bush’s dying Presidential campaign. https://t.co/buFLQUBaYR
— Elizabeth Warren (@elizabethforma) January 8, 2016Not sure what’s more disgusting: That Jeb is pinning his 2016 hopes on his bro’s bailout $, or that bailed-out CEOs want to buy elections.
— Elizabeth Warren (@elizabethforma) January 8, 2016This is business as usual for Wall Street and Washington insiders, and it stinks.
— Elizabeth Warren (@elizabethforma) January 8, 2016It’s time to call out the recent flurry of new state law restrictions for what they are: an all-out campaign by Republicans to take away the right to vote from poor and black and Latino American citizens who probably won’t vote for them. The push to restrict voting is nothing more than a naked grab to win elections that they can’t win if every citizen votes.
Sen. Elizabeth Warren (D-Mass.): “too many of the people in Washington do not represent the folks who elected them. They represent the rich and the powerful.”
Elizabeth Warren nailed it on the Daily Show last night. (Mother Jones)
But if you read Teddy Roosevelt on this – his principle push for breaking up the trusts was because they had too much political power. They overwhelmed the government. It wasn’t so much that they were stronger than government, but they could persuade government to shift the rules to make themselves even more powerful. And when that happens, it’s not just a threat to the economy. It’s a threat to democracy.
Who does Congress work for? Does it work for the millionaires, the billionaires, the giant companies with their armies of lobbyists and lawyers? Or does it work for all of us.
A lot of folks are feeling really discouraged. And part of that, is because government is not working for them. Let’s all be clear, government does work. It works really well for those who can hire armies of lobbyists…for those who can make big campaign contributions. It’s just not working for American families.
How wrong can this be? Basically what is happening here is that people work in Washington, and man, they hit that revolving door with a speed that would blind you.
Sen. Elizabeth Warren writes in Politico on the “Citigroup Clique.”