Elizabeth Warren
Elizabeth Warren
Elizabeth Ann Warren is an American academic and politician. She is a member of the Democratic Party, and is the senior United States Senator from Massachusetts. Warren was formerly a professor of law, and taught at the University of Texas School of Law, the University of Pennsylvania Law School, and most recently at Harvard Law School. A prominent scholar specializing in bankruptcy law, Warren was among the most cited in the field of commercial law before starting her political career...
NationalityAmerican
ProfessionPolitician
Date of Birth22 June 1949
CityOklahoma City, OK
CountryUnited States of America
It worries me about what happens if people in government are looking for that next job: 'Yeah I'm working now, not as much money as I could be making, but when I leave here, that's where I'm headed.' That ultimately infects whatever it is that they're doing.
Banks were once places to hold money and were very careful in lending to finance families as they built a future - bought homes, bought cars, took out student loans.
The game is rigged to work for those who already have money and power.
My mother saved our home with a minimum wage job. But in the 1960s, a minimum wage job would support a family of three above the poverty line. Not today. Not even close. I understood right then that people can work hard, they can play by the rules, and they can still take a hard smack.
The people who are filing for bankruptcy in increasing numbers every year, it's not the poorest. It's not the people at the economic fringes. It's people who worked hard and played by the rules.
Big corporations have money and power to make sure every rule breaks their way; people have voices and votes to push back.
Citigroup has a lot of money, it spends a lot of money, and it uses that money to grow and consolidate power. And it pays off.
If the big banks expect to buy influence when they give money to favored think tanks, then the public has a right to know. If the big banks don't expect to buy influence and are merely making charitable contributions, then their shareholders have a right to know. Either way, there's no excuse for keeping these payments secret.
When billionaire car dealers or manufacturers pay for ambassadorships, at least they pay with money earned by selling something of value.
The women who file for bankruptcy played by all the rules, but they are still in economic freefall.
Early 2000s, we get Enron, which tells us the books are dirty. And what is our repeated response? We just keep pulling the threads out of the regulatory fabric.
Every time the U.S. government makes a low-cost loan to someone, it's investing in them.
Raising the minimum wage means we have workers paying more in to support the Social Security system.
Does anyone believe that Goldman Sachs is gonna give up a deal that would yield millions of dollars because someone fussed at them behind closed doors?