2016 Postmortem
Related: About this forumA good video of E Warren talking about how Hillary helped stop a bankruptcy bill.
arcane1
(38,613 posts)"As Senator Clinton, the pressures are very different," Warren told Moyers. "She has taken money from the groups, and more to the point, she worries about them as a constituency."
InAbLuEsTaTe
(24,123 posts)peacebird
(14,195 posts)She will dance with them whut paid her....
InAbLuEsTaTe
(24,123 posts)WillyT
(72,631 posts)slipslidingaway
(21,210 posts)full interview plus
"Elizabeth Warren on Alan Greenspan
Warren takes Greenspan to task for encouraging Americans short on cash to borrow against their homes. Thats really scary financial advice for someone to be giving American families, Warren said. And what frightens me most is millions of American families have taken that advice.
Snotcicles
(9,089 posts)slipslidingaway
(21,210 posts)InAbLuEsTaTe
(24,123 posts)sabrina 1
(62,325 posts)Across the globe, neo-liberal policies and their disastrous effects on the people, are being rejected. The Left is on the rise as people have had a good look at the policies that brought us forever, disastrous wars, economic collapse, corruption on Wall St, War Crimes, the collapse of the Middle/Working class, racism, inherrent in our Foreign Policies also, America diminished losing its moral authority.
Enough is enough! The people are ANGRY and those in power seem so out of touch with the reality of what they created and the rejection of that creation as they continue to deceive and deflect and support policies, see the TPP that are harmful to the people.
They ignore the people, and now the people are ignoring THEM and taking matters into their own hands, choosing their OWN candidates.
We are in a period of great change and those in the DC bubble appear to be the only ones who don't realize it.
slipslidingaway
(21,210 posts)too many people turned a blind eye for years as to what was going on in our economy.
Bernie and Elizabeth have been consistent in their message about the shrinking middle class and people are angry ... the times are a changing.
Sorry for the late reply
wyldwolf
(43,870 posts)It only took me 30 seconds of Googling to find this from a 2007 PBS interview between Maria Hinojosa and Elizabeth Warren
And she at that moment said, "Oh my God. We have to stop this law. It's not gonna happen." It gets passed in Congress and Bill Clinton, because of Hillary's conversation with you more or less, vetoes that bill. Now we fast forward to Senator Hillary Clinton, bankruptcy law comes for a vote and she votes for it?
WARREN: Yes.
This excerpt was quoted and posted a lot at the time - not as any statement on Warren because none of us knew who she was back then. Rather, it was meant damning evidence of how Senator Clinton has changed.
But Warren made a clarification in that interview and gave, in my opinion, some very insightful information about working in Washington that we already know:
Mrs. Clinton, in a much more secure positionas Senator a couple of years laterwhen the bill came up once againSenator Clinton was not therethe day of the vote. It was the day that President Clinton, you may remember, had heart surgery. But she issued a very strong press release condemning the bill and I assume if she had been there that she would have voted against it. II tell my story not to try to thump Senator Clinton but the story is important because it's a reminder of how money talks in Washington.
Here is an excerpt from Clinton's statement on the bill:
I also want to add Senator Clinton voted for every single amendment to add consumer protections to the bill - both times - each of which were rejected by both Republican majority and other Democrats. She voted against cloture in an attempt to keep the final bill from coming to a vote at all.
As a side note, Joe Biden not only voted for the 2005 bill, he rallied around it.
on edit:
Here's a great comment on the story:
This interview is not about Hillary Clinton and is not about 2016 presidential issues. Sen. Warren is clearly frustrated with Moyers' desire to illicit some information about Warren's intentions in 2016 because she clearly believes that right now the emphasis should be on the 2014 election in which the balance of power in Congress is in question. While there may be some questions regarding Hillary Clinton's position as a progressive now is not the time and here, in front the Bill Moyers audience, is not the place.
Writing a headline and article about such a small and insignificant segment of this interview - most of which is based on comments made ten years ago - is misleading and irresponsible. It is typical of the kind of "click-bait" mentality blogs like this use to spike residuals for your advertisers, steer debate away from real issues that actually impact our lives and generally distort the meaning of what is and is not true discourse.
slipslidingaway
(21,210 posts)By
Damian Paletta
Updated Jan. 24, 2008 12:01 a.m. ET
"WASHINGTON -- Sen. Hillary Clinton is on the defensive for another vote aligned with President Bush early in her legislative career: this one for a measure to make it more difficult to erase personal debts through bankruptcy.
As the focus of debate for presidential candidates shifts from Iraq to the economy, Sen. Barack Obama has stepped up criticism of Sen. Clinton's 2001 bankruptcy vote, just as he has hammered her for her 2002 vote authorizing the Iraq War. The Illinois Democrat is citing Mrs. Clinton's bankruptcy vote as an example of why he is better-suited to protect consumers in an increasingly uncertain economic time.
And just as Mrs. Clinton has tried to distance herself from her Iraq vote, she has said she regrets her bankruptcy vote and wishes she could have it back.
The Bankruptcy Reform Act of 2001 that Sen. Clinton voted for eventually died in Congress, but a similar measure became law in 2005. Sen. Clinton has said she would have opposed the 2005 bill, but she missed the vote because she was with her husband during surgery.
The 2001 bill "had some things I agreed with and other things I didn't agree with, and I was happy that it never became law," Sen. Clinton said at a Jan. 15 debate in Las Vegas..."
slipslidingaway
(21,210 posts)"Here's a great comment on the story:
This is a terrible article..."
Thx
DirkGently
(12,151 posts)gave to credit card companies and no one else.
https://en.wikipedia.org/wiki/Bankruptcy_Abuse_Prevention_and_Consumer_Protection_Act
I remember seeing one of the bill's sponsors, an annoying Florida Republican named McCollum, address a group of bankruptcy lawyers about the bill. The debtors' lawyers tried to ask questions, at which point it became clear McCollum had a few talking points from the banks, and zero understanding of bankruptcy law.
It was a nearly pure example of how monied interests concoct schemes to put money in their pockets at ordinary peoples' expense. They even crafted in political cover -- it would reduce "fraud" in bankruptcy, which was not an issue on the scale suggested, nor were the suggested reforms a cure. And it was shot through with the premise that people who file bankruptcy must be irresponsible idiots. To this day, bankrupt people have to attend nonsense "financial counseling" in order to get relief from the crushing debt that is typically caused by a failed business or huge medical expenses.
This is a worry with Hillary. How can she stand against policy like that, when the financial industry gives her so much support? She may want to; she may intend to.
But those millions don't come with no strings attached.
Snotcicles
(9,089 posts)HooptieWagon
(17,064 posts)See post 11. The 2005 vote she missed.
karynnj
(59,508 posts)Could not stop the Republicans from getting the needed 60 votes. After this vote failed, she missed the vote on the bill itself which was not even close.
loveallserveall
(11 posts)Thanks for this Snotcicles...a wonderful firsthand illustration of HRC's questionable trustworthiness.
Snotcicles
(9,089 posts)As far as I can tell it was her first missed vote, as Senator.
HooptieWagon
(17,064 posts)See post 11.
Doctor_J
(36,392 posts)slipslidingaway
(21,210 posts)Warren Slams Democrats (Like Hillary/Biden) For Supporting Bankruptcy Bill (video and text)
https://www.americarisingpac.org/warren-slams-democrats-like-hillarybiden-supporting-bankruptcy-bill/
"Speaking at the JFK Library in Boston earlier today, Sen. Elizabeth Warren was asked about Democrats that supported a Bush-era bankruptcy bill that won bipartisan support. Warren began her impassioned 5-minute answer by saying, God, it was awful, before hammering Democrats, like Clinton and Biden, for surrendering to an army of lobbyists and inspiring her fight for consumer advocacy.
In her previous book, The Two Income Trap, Warren singled out Clinton for criticism among Democrats that supported the bankruptcy bill, saying she could not afford such a principled position, and noted the contributions she received from banking and industry executives:
In the spring of 2001, the bankruptcy bill was reintroduced in the Senate, essentially unchanged from the version President Clinton had vetoed the previous year. This time freshman Senator Hillary Clinton voted in favor of the bill. Had the bill been transformed to get rid of all those awful provisions that had so concerned First Lady Hillary Clinton? The bill was essentially the same, but Hillary Rodham Clinton was not. As First Lady, Mrs. Clinton had been persuaded that the bill was bad for families, and she was willing to fight for her beliefs. Her husband was a lame duck at the time he vetoed the bill; he could afford to forgo future campaign contributions. As New Yorks newest senator, however, it seems that Hillary Clinton could not afford such a principled position. Campaigns cost money, and that money wasnt coming from families in financial trouble. Senator Clinton received $140,000 in campaign contributions from banking industry executives in a single year, making her one of the top two recipients in the Senate. Big banks were now part of Senator Clintons constituency. She wanted their support, and they wanted hersincluding a vote in favor of that awful bill.
During the 2008 Democratic primaries, Clinton under fire from President Obama, said she regretted her previous support for the bankruptcy bill:
..."
Clinton later said she was happy it did not pass.
http://www.wsj.com/articles/SB120113997862512117
"...As the focus of debate for presidential candidates shifts from Iraq to the economy, Sen. Barack Obama has stepped up criticism of Sen. Clinton's 2001 bankruptcy vote, just as he has hammered her for her 2002 vote authorizing the Iraq War. The Illinois Democrat is citing Mrs. Clinton's bankruptcy vote as an example of why he is better-suited to protect consumers in an increasingly uncertain economic time.
And just as Mrs. Clinton has tried to distance herself from her Iraq vote, she has said she regrets her bankruptcy vote and wishes she could have it back.
The Bankruptcy Reform Act of 2001 that Sen. Clinton voted for eventually died in Congress, but a similar measure became law in 2005. Sen. Clinton has said she would have opposed the 2005 bill, but she missed the vote because she was with her husband during surgery..."
Snotcicles
(9,089 posts)So as far as I can tell these dates ain't lining up.
slipslidingaway
(21,210 posts)and then later said she was glad it did not become law???
The 2005 bankruptcy bill passed the Senate in March 2005 with Clinton not voting, five months after his surgery???
An excuse to miss that vote.
http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?&congress=109&session=1&vote=00044
Bill Clinton had open heart surgery in early September 2004
Former President Clinton Undergoes Successful Open Heart Surgery
http://www.pbs.org/newshour/bb/white_house-july-dec04-clinton_9-6/
September 6, 2004 at 12:00 AM EDT
"REPORTER: When might he be released from the hospital and when might he be able to return to a normal schedule? As you know he had a very busy schedule for the next couple of weeks months.
DR. CRAIG SMITH: Thats hard to give specific answers to, except I can answer you in generality based on experience with similar patients which is to say that it would be common for him to be ready to leave the hospital within four or five days.
Right now, based on how hes doing, theres no reason to think he wouldnt fall within the same experience. After that, people are usually 70 percent or so back to baseline by around six weeks."
Snotcicles
(9,089 posts)slipslidingaway
(21,210 posts)than some campaign speech.
I remember what Obama said when he was trying to gain support for the bailouts ' who could have known about the impending financial crisis?'
Well plenty of people had a clue including Sanders and Warren.
Very instructive to go back in time and to see who saw the problems at the time instead of looking in the rear view mirror. We need someone who has the foresight, not someone who jumps on the bandwagon when it is politically expedient.