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MannyGoldstein

(34,589 posts)
Wed Apr 9, 2014, 11:13 PM Apr 2014

Elizabeth Warren got millions from banks, too.

Why, just today, the CFPB Sen. Warren started took $800 million from Bank of America and gave it to cheated consumers, to settle claims against said bank.

Sen. Warren can take banker money as well as anyone in government. She just doesn't keep it for herself, that's all.

49 replies = new reply since forum marked as read
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Elizabeth Warren got millions from banks, too. (Original Post) MannyGoldstein Apr 2014 OP
Gee, ProSense Apr 2014 #1
Just let Manny dream... Because giving credit to the President is his worst nightmare. tridim Apr 2014 #17
Unlike the mindless worshippers huh? Corruption Inc Apr 2014 #18
I don't worship anyone or anything. WTF are you talking about newbie? tridim Apr 2014 #19
Your pathetic mewling turns my stomach psiman Apr 2014 #31
Excuse me? sheshe2 Apr 2014 #48
Nobody who would appoint Tim Geithner, Larry Summers and Robert Rubin... Chan790 Apr 2014 #20
What about someone that ... 1StrongBlackMan Apr 2014 #21
Yeah, what about someone ProSense Apr 2014 #24
Not hilarious; but rather, sad ... 1StrongBlackMan Apr 2014 #26
More baseless personal attacks MannyGoldstein Apr 2014 #38
I've been politically rick-rolled. Gravitycollapse Apr 2014 #2
Yes and all the while Goldman-Sachs is giving Ms. Clinton $400,000 for having tea and crumpets rhett o rick Apr 2014 #3
I don't want her allegiance. Chan790 Apr 2014 #22
she doesn't have to take anyone' money, she's independantly wealthy dionysus Apr 2014 #4
I imagine the next presidential election will roll over $5 billion. fleabiscuit Apr 2014 #7
Like FDR, Warren's a traitor to her class. MannyGoldstein Apr 2014 #8
FDR's opponent's called him a communist, but in reality he saved the American free enterprise system StevieM Apr 2014 #13
Same liberal rating as Third Way Mark Udall... joshcryer Apr 2014 #12
Warren is bought and paid for demwing Apr 2014 #5
Ha! Won't the Purity Democrats' head's explode when they see MannyGoldstein Apr 2014 #9
follow the money demwing Apr 2014 #16
Well there you go right there then. zeemike Apr 2014 #6
And Hilary Clinton takes money from corporations and keeps it. Vashta Nerada Apr 2014 #10
No arrests? joshcryer Apr 2014 #11
What a hypocritical harpie! Damn her for being good to the ones the banks fucked over Nanjing to Seoul Apr 2014 #14
Saw an Elizabeth Warren for President 2016 bumper sticker today in Los Angeles. cui bono Apr 2014 #15
Manny, didn't President Obama start the CFPB ... 1StrongBlackMan Apr 2014 #23
Just an oversight, I'm sure. nt tridim Apr 2014 #27
k&r nt Zorra Apr 2014 #25
I see what you did there... Agschmid Apr 2014 #28
What do you see ... 1StrongBlackMan Apr 2014 #29
Whose idea was the CFPB? nt MannyGoldstein Apr 2014 #33
Well ... 1StrongBlackMan Apr 2014 #34
You really love personal attacks, don't you? MannyGoldstein Apr 2014 #35
Personal attacks? ... Whine/Cheese ... 1StrongBlackMan Apr 2014 #36
Again with the personal attacks. Really uncool. MannyGoldstein Apr 2014 #37
Okay ... 1StrongBlackMan Apr 2014 #39
The First Year of the Consumer Financial Protection Bureau: An Overview ProSense Apr 2014 #42
Who is responsible for securing the fines? ProSense Apr 2014 #43
Absolutely, but that wouldn't have worked for this OP's schtick MannyGoldstein Apr 2014 #44
Kicked and recommended a whole bunch. Enthusiast Apr 2014 #30
My head is spinning, but I think this is worth a DU Rec erronis Apr 2014 #32
<3 AtheistCrusader Apr 2014 #40
Manny Goldstein promotes lies. idendoit Apr 2014 #41
Very clever!!!! And very well said! emsimon33 Apr 2014 #45
Democratic leadership refuses to prosecute powerful people. Just think if Govt. worked as hard pragmatic_dem Apr 2014 #46
Meanwhile, apparently Hilary remains in the bunker. rgbecker Apr 2014 #47
lol (nt) Babel_17 Apr 2014 #49

ProSense

(116,464 posts)
1. Gee,
Wed Apr 9, 2014, 11:55 PM
Apr 2014

"Why, just today, the CFPB Sen. Warren started took $800 million from Bank of America and gave it to cheated consumers, to settle claims against said bank. "

...thanks Obama!!!

You may not know this, but Obama is responsible for re-regulating Wall Street.

There is no question that Dodd-Frank was a strong bill—the strongest in three generations. I didn’t have a chance to vote for it because I wasn’t yet in the Senate, but if I could have, I would have voted for it twice.

http://www.warren.senate.gov/files/documents/AFR%20Roosevelt%20Institute%20Speech%202013-11-12.pdf


One of my favorite clips



Elizabeth Warren: Cordray Vote ‘A Historic Day For Working Families’

Sen. Elizabeth Warren (D-MA) took to Twitter on Tuesday in praise of the Senate's vote to advance Richard Cordray's nomination to the Consumer Financial Protection Bureau, calling it a "historic day for working families."

Elizabeth Warren ✔ @elizabethforma

I couldn't be more pleased that Rich Cordray will finally get the vote that he deserves. This is a historic day for working families!
1:11 PM - 16 Jul 2013

47 Retweets 26 favorites

http://livewire.talkingpointsmemo.com/entry/elizabeth-warren-cordray-vote-historic-day-for-working

Thank you Senator Warren.

Obama's CFPB under Richard Cordray "took $800 million from Bank of America"

More:

CFPB Sues ITT Tech For Allegedly Exploiting Students, Pushing Predatory Loans
http://www.democraticunderground.com/10024570346

Sen. Warren Praises New CFPB Mortgage Rules that Make Families, Economy Safer
http://www.democraticunderground.com/10024295777

Banks Ordered to Add Capital to Limit Risks
http://www.democraticunderground.com/10024798328

tridim

(45,358 posts)
17. Just let Manny dream... Because giving credit to the President is his worst nightmare.
Thu Apr 10, 2014, 10:06 AM
Apr 2014

I hope some day Manny will understand that Senator Warren and The President are ON THE SAME TEAM and share the same goals.

 

Chan790

(20,176 posts)
20. Nobody who would appoint Tim Geithner, Larry Summers and Robert Rubin...
Thu Apr 10, 2014, 11:45 AM
Apr 2014

to positions in their administration should ever be mistaken for being on the side of the American people though. These are enemies of the middle class and American workers, taxpayers; more essentially, they are enemies of the best interests of the American public.

I like the President a lot, but he still has to atone for filling the financial, regulatory and Treasury positions in his administration with SAMO. At this point, he's still vocal in his support for that same 'ole (financial) shit. That's both sad and embarrassing.

 

1StrongBlackMan

(31,849 posts)
21. What about someone that ...
Thu Apr 10, 2014, 11:52 AM
Apr 2014

appointed Elizabeth Warren and Richard Cordray to the CFPB and Kagan and Sotomayor to the SCOTUS?

ProSense

(116,464 posts)
24. Yeah, what about someone
Thu Apr 10, 2014, 12:03 PM
Apr 2014

who did this: http://www.democraticunderground.com/10024781130

The attempt to avoid the fact that the CFPB is part of the President's Wall Street reform bill is hilarious. Still it's not as hilarious as attributing Cordray's achievements to Warren, who deserves a round of applause for introducing the concept and standing up the agency after being charged to do so by the President.

 

rhett o rick

(55,981 posts)
3. Yes and all the while Goldman-Sachs is giving Ms. Clinton $400,000 for having tea and crumpets
Thu Apr 10, 2014, 12:15 AM
Apr 2014

with them. Maybe the 99% can scrape up some money and buy her allegiance back.

StevieM

(10,500 posts)
13. FDR's opponent's called him a communist, but in reality he saved the American free enterprise system
Thu Apr 10, 2014, 01:50 AM
Apr 2014
 

MannyGoldstein

(34,589 posts)
9. Ha! Won't the Purity Democrats' head's explode when they see
Thu Apr 10, 2014, 12:58 AM
Apr 2014

she's beholden to many millions who could only afford $20 each. She'll do all sorts of stuff for that special interest!

zeemike

(18,998 posts)
6. Well there you go right there then.
Thu Apr 10, 2014, 12:30 AM
Apr 2014

"She just doesn't keep it for herself,"

She is obviously not fit to be president...she needs to read Atlas Shrugged and take the John Galt oath before she is fit.

 

Nanjing to Seoul

(2,088 posts)
14. What a hypocritical harpie! Damn her for being good to the ones the banks fucked over
Thu Apr 10, 2014, 02:09 AM
Apr 2014

I loves me some Elizabeth Warren!

 

1StrongBlackMan

(31,849 posts)
34. Well ...
Thu Apr 10, 2014, 04:39 PM
Apr 2014

I suppose it depends on who one asks ...

In June 2009, President Obama proposed to address failures of consumer protection by establishing a new financial agency to focus directly on consumers, rather than on bank safety and soundness or on monetary policy. This new agency would heighten government accountability by consolidating in one place responsibilities that had been scattered across government. The agency would also have responsibility for supervision and enforcement with respect to the laws over providers of consumer financial products and services that escaped regular Federal oversight. This agency would protect families from unfair, deceptive, and abusive financial practices. The President urged Congress to give the consumer agency the same accountability and independence that the other banking agencies have and sufficient funding so it could ensure that powerful financial companies would comply with consumer laws.

In July 2010, Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Act created the Consumer Financial Protection Bureau (CFPB). The CFPB consolidates most Federal consumer financial protection authority in one place. The consumer bureau is focused on one goal: watching out for American consumers in the market for consumer financial products and services.

http://www.consumerfinance.gov/the-bureau/creatingthebureau/


So I guess it could be President Obama; or maybe, Frank or Dodd; but I suppose, the idea could have come to you in a dream.
 

1StrongBlackMan

(31,849 posts)
36. Personal attacks? ... Whine/Cheese ...
Thu Apr 10, 2014, 04:54 PM
Apr 2014

So if I propose, as a private citizen, an innovative program, without the ability to establish it. And, it gets picked up 3 years later, would it still be my program?

 

MannyGoldstein

(34,589 posts)
37. Again with the personal attacks. Really uncool.
Thu Apr 10, 2014, 05:15 PM
Apr 2014

If you were bestselling author on the subject of bankers screwing America, then proposed something called the "Consumer Financial Protection Safety Commission" in 2007, then lobbied like hell for it getting 3/4 of Washington and all of Wall Street to hate your guts, then the thing you proposed finally got done...

then yeah, I think you'd get credit.

ProSense

(116,464 posts)
42. The First Year of the Consumer Financial Protection Bureau: An Overview
Thu Apr 10, 2014, 07:20 PM
Apr 2014
The First Year of the Consumer Financial Protection Bureau: An Overview

The longest lasting legacy of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank Act”)1 may be the creation of the Bureau of Consumer Financial Protection (“CFPB”). First proposed in 2007 by Professor Elizabeth Warren,2 the agency materialized remarkably quickly, being enacted into law in 2010.3 Although it came together quickly, the CFPB was built to last. The Dodd-Frank Act provides it with broad authority, secure funding, and a powerful, independent director.4

That's from the source at your link. Again, this agency is the in place because of the President's Wall Street reform.

There is no question that Dodd-Frank was a strong bill—the strongest in three generations. I didn’t have a chance to vote for it because I wasn’t yet in the Senate, but if I could have, I would have voted for it twice.

http://www.warren.senate.gov/files/documents/AFR%20Roosevelt%20Institute%20Speech%202013-11-12.pdf


One of my favorite clips



Elizabeth Warren: Cordray Vote ‘A Historic Day For Working Families’

Sen. Elizabeth Warren (D-MA) took to Twitter on Tuesday in praise of the Senate's vote to advance Richard Cordray's nomination to the Consumer Financial Protection Bureau, calling it a "historic day for working families."

Elizabeth Warren ✔ @elizabethforma

I couldn't be more pleased that Rich Cordray will finally get the vote that he deserves. This is a historic day for working families!
1:11 PM - 16 Jul 2013

47 Retweets 26 favorites

http://livewire.talkingpointsmemo.com/entry/elizabeth-warren-cordray-vote-historic-day-for-working

Thank you Senator Warren.

Obama's CFPB under Richard Cordray "took $800 million from Bank of America"

More:

CFPB Sues ITT Tech For Allegedly Exploiting Students, Pushing Predatory Loans
http://www.democraticunderground.com/10024570346

Sen. Warren Praises New CFPB Mortgage Rules that Make Families, Economy Safer
http://www.democraticunderground.com/10024295777

Banks Ordered to Add Capital to Limit Risks
http://www.democraticunderground.com/10024798328

ProSense

(116,464 posts)
43. Who is responsible for securing the fines?
Thu Apr 10, 2014, 07:21 PM
Apr 2014

Are you going to give Richard Cordray any credit for his hard work and leadership?

 

MannyGoldstein

(34,589 posts)
44. Absolutely, but that wouldn't have worked for this OP's schtick
Thu Apr 10, 2014, 07:32 PM
Apr 2014

Substitute Cordray for Warren and you'll see what I mean.

erronis

(15,222 posts)
32. My head is spinning, but I think this is worth a DU Rec
Thu Apr 10, 2014, 04:06 PM
Apr 2014

You people are way too smart for me with your oratorical flourishes, left-handed compliments, right-fisted jabs.

It's hard to know if Who or Manny is on first, let alone at bat, but I enjoy the parrying and hope that the best might win.

 

idendoit

(505 posts)
41. Manny Goldstein promotes lies.
Thu Apr 10, 2014, 06:20 PM
Apr 2014

You know your headline is a lie. That's like saying Lincoln benefited from slavery because hie spouse's family owned them.

 

pragmatic_dem

(410 posts)
46. Democratic leadership refuses to prosecute powerful people. Just think if Govt. worked as hard
Thu Apr 10, 2014, 08:30 PM
Apr 2014

investigating and prosecuting Wall Street criminals as they do spying on our emails and text messages.

But, Democratic leadership has made a choice. And that choice is to protect the richest among us, while spying on everyone else and harassing whistle blowers.

Warren has been clear about the need for prosecution, I see no evidence that Democratic Party leadership agrees with her.

And Holder? He has been very good to rich and powerful people. Very good.

Holder should have been removed from his position for ineffectiveness.

Every minute Holder stays in office, it is a message that the rich and powerful are immune from justice.




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