Elizabeth Warren: Better off? Recall Wall Street

Democratic Senate candidate Elizabeth Warren , asked Tuesday if Americans were better off than they were four years ago, said people should remember the "recklessness" of Wall Street and the plight of the auto industry.

[CHECK SIX]

Its The Economy Today stupid!

[KittenKoder]

“I remember what was happening four years ago,” Warren said.

Um .... try about 6 to 7 years ago.

[Gravediggers]

Elizabeth Warren lied when she said she was Indian.

She allowed Harvard to claim her as a minority because of her LIE.

She now has been crowned "FAUXchontas" and she, like Barack Obama, believe that YOUR success belongs to everyone.

Here's Elizabeth Warren at a stop in Dorchester, MA where she is running for Senator:

“I think the basic notion is right. Nobody got rich on their own. Nobody. People worked hard, they build a business, God bless, but they moved their goods on roads the rest of us helped build, they hired employees the rest of us helped educate, they plugged into a power grid the rest of us helped build,” she said.

It's dangerous to have people like this in office.

You don't own that house.
You don't own that car.
You don't own your business.

THE PEOPLE do because you used the roads, you employed people educated in our schools, you used the power grid.

Obama and Warren are SCARY PEOPLE. They don't belong in power.

NO in NOvember
NO to OWEbama
NOthing is your's
EVERYTHING belongs to everyone.

NO!

Dangerous times in the USA.

[robert]

Everyone assumes we are better off because Obama saved the GM union. Ever think what if he did not, what would the new GM be like, do people really think the car company would have just gone away?

Don't think for a minute GM did not go bankrupt, it did if you think not then why don't you buy some some old GM stock, you can get it for pennies.

The bankruptcy was controlled by Obama with him picking winners and looser instead of the rule of law.

Better off? Tell me about how your home values did in the Obama recession.

[xnutmegger]

Is it true Elizabeth Warren's Campaign song is
Paul Revere and the Raiders " Indian Reservation "?

[Mothra]

excerpt from 'Why Blame Obama?'-- a brief summary of Obamanomics including TARP, GM (as shown below), the Stimulus, Spending Overall, Taxing, Obamacare and Energy & Regulation

A great read.

--The U.S. auto industry was not "saved." Going bankrupt does not have to mean going out of business. See, for example, Delta Airlines. It went bankrupt in the usual, lawful way and is operating today. On the other hand, GM could be heading into bankruptcy again, post-bailout. Oh, and since the bailout, "GM has increased its manufacturing capacity in China by 55 percent."

The government auto takeovers did not prevent bankruptcies. What they prevented was the usual rule of bankruptcy law. Instead of paying back creditors in a predictable and lawful way, the federal government simply robbed bondholders and non-UAW workers and retirees (especially at Delphi) and delivered sweet, sweet payback to the union bosses of the UAW.

The effect goes beyond the direct costs to taxpayers and specific investors and employees. Who would make investments or long-term decisions with this kind of rule-of-man uncertainty and ascendant cronyism?

Read more: http://www.americanthinker.com/2012/09/why_bl...

[GoodNewz]

i notice warren did not answer the question. the dems are really struggling with that. the simple answer is NO. to answer otherwise is moronic.... MD gov martin o'malley said NO yesterday, and the obama gestapo made him change his answer!

[PayThat CEO]

KittenKoder wrote:

“I remember what was happening four years ago,” Warren said.
Um .... try about 6 to 7 years ago.

Anyone with even so much as a functioning brain stem remembers all the jobs that disappeared, the factories that closed, the jobs given to illegal immigrants, the billions made by defense contractors at taxpayer expense, the billions made by Wall Street for bundling worthless loans and selling them worldwide.

The idiots who 'don't remember' are those who would force us to relive it all again just to get that black man out of the White House.

[jon]

PayThat CEO wrote:

<quoted text>
Anyone with even so much as a functioning brain stem remembers all the jobs that disappeared, the factories that closed, the jobs given to illegal immigrants, the billions made by defense contractors at taxpayer expense, the billions made by Wall Street for bundling worthless loans and selling them worldwide.
The idiots who 'don't remember' are those who would force us to relive it all again just to get that black man out of the White House.

it doesn't matter who is elected. the fed is prolonging the inevitable. hope and change is going to change with no hope.

[TAX THIS]

the jobs disappeared, the homes disappeared, the taxes disappeared,...for feds, states and countys.AND POVERTY WENT UP beyond belief...decades of plundering paychecks,home mortgage payers,small business,tax tax tax..has taken its toll, so now the SKIMMING and SCAMMING to pay for the UNITEDNANNY STATES OF AMERICA,is a toll road of epic proportions, nobody can afford..so while you save for a rainy day.washington pissed on everyone who were factored in to the welfare gravy train..MEANS TESTED OF COURSE......

[TAX THIS]

it doesn't matter who is elected. the fed is prolonging the inevitable. hope and change is going to change with no hope. JON WROTE..

thats exactly what it looks like to me,,KEEP ON PRINTING.

[questioner]

were YOU better off than YOU were four years ago?--- It depends on who YOU are ---
Is you condition the result of somethig the government did or did not do, or are you the master of your own fate?
Do you think that John Gault is ruining the nation?

[Sheik Yerbouti]

TAX THIS wrote:

the jobs disappeared, the homes disappeared, the taxes disappeared,...for feds, states and countys.AND POVERTY WENT UP beyond belief...decades of plundering paychecks,home mortgage payers,small business,tax tax tax..has taken its toll, so now the SKIMMING and SCAMMING to pay for the UNITEDNANNY STATES OF AMERICA,is a toll road of epic proportions, nobody can afford..so while you save for a rainy day.washington pissed on everyone who were factored in to the welfare gravy train..MEANS TESTED OF COURSE......

It wasn't Washington that pissed on everyone it was wall street sociopaths. So far not one has gone to jail for their massive crimes against the american worker!

[xnutmegger]

Sheik Yerbouti wrote:

<quoted text>
It wasn't Washington that pissed on everyone it was wall street sociopaths. So far not one has gone to jail for their massive crimes against the american worker!

You are right, including Obama crony Jon Corzine who Holder dropped from any charges last month.

[questioner]

Sheik Yerbouti wrote:

<quoted text>
It wasn't Washington that pissed on everyone it was wall street sociopaths. So far not one has gone to jail for their massive crimes against the american worker!

Wall street, the Banks etc. control Washington. It seems that Americans didn't heed the founding father's warning:
"I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country." Thomas Jefferson

[Justin]

LOL! This news article was written in 1999.

[Lonewolf]

Warren is nothing more than a blantant liar and a fraud,she should be prosecuted for her deceit.

[Justin]

OK, so some guys on Wall Street hatched up a scheme to dump junk mortage backed securities (credit defaults) to the unsuspecting public. That was wrong, but they were only taking advantage of a realestate crisis that had been slowly going bad for months or even years beforehand. That wasn't what [caused] the financial crisis in the United States; it was only a symptom.

The real question is: Why did so many mortages go into default in such a short timeframe in the first place?

[carey529]

KittenKoder wrote:

“I remember what was happening four years ago,” Warren said.
Um .... try about 6 to 7 years ago.

right about the same time the left wing idiots took the house and senate...
coincidence?

[carey529]

Sheik Yerbouti wrote:

<quoted text>
It wasn't Washington that pissed on everyone it was wall street sociopaths. So far not one has gone to jail for their massive crimes against the american worker!

yes it was...they forced the hand with the mandate to the banks that EVERYONE should be able to own a home.

presto...fcked up america.