Elizabeth Warren Shows Support for Hillary Clinton’s Wall Street Plan

[DemocratSinceBirth]

Hillary Clinton, hearing criticism for her ties to the financial industry, received the critical support of Senator Elizabeth Warren on Monday for her proposal to expand the Dodd-Frank regulatory structure and urging of President Obama to veto any legislation that would weaken Wall Street regulation.

“Secretary Clinton is right to fight back against Republicans trying to sneak Wall Street giveaways into the must-pass government funding bill,” Ms. Warren, the liberal senator from Massachusetts, wrote on Facebook after Mrs. Clinton published an Op-Ed article in The New York Times with her proposals to regulate Wall Street.

In the Op-Ed, Mrs. Clinton specifically called for Republicans not to defund the Consumer Financial Protection Bureau, which Ms. Warren previously oversaw. “Whether it’s attacking the C.F.P.B., undermining new rules to rein in unscrupulous retirement advisers, or rolling back any part of the hard-fought progress we’ve made on financial reform,” Ms. Warren wrote, “she and I agree.”

As high-profile Democratic elected officials line up to support Mrs. Clinton’s candidacy, Ms. Warren has remained neutral. This month, 13 of the 14 Democratic female United States senators attended a fund-raiser and rally in Washington for Mrs. Clinton, but the headlines from the event mostly focused on Ms. Warren’s absence.

On Monday, Ms. Warren stopped short of endorsing Mrs. Clinton, but her message of support for the candidate’s Wall Street plan could do much to ease concerns that Mrs. Clinton’s deep donor base of financial executives would make her reluctant to install tough regulations.

http://www.nytimes.com/politics/first-draft/2015/12/07/elizabeth-warren-shows-support-for-hillary-clintons-wall-street-plan/

[MaggieD]

1. K&R

[DemocratSinceBirth]

2. Hillary will have a good ally in the Senate when she becomes POTUS.

EOM

[MaggieD]

4. And this place will go into meltdown mode....

... when Warren eventually endorses her.

[George II]

22. She already has at least 38 (those of the 44 Democratic Senators who have endorsed her)

[bvar22]

3. Ever hear of "future pacing"?

That is when you give credit to someone for something they haven't done yet
in order to provide motivation for them to actually DO it...like a visualization, but much more powerful, especially when reinforced.
It is an NLP term, and can be very effective.
Ms Warren is very smart, indeed.


Can anyone point to where Hillary has "fought back" against Wall Street?
She had two terms in the Senate that would have been useful in preventing the crash of 2007 if "someone" had fought back against Wall Street.

[MaggieD]

5. Yes, like Hillary on the TPP being the gold standard! Exactly!

As far as her fighting back against Wall Street, she was one of the first to call for reforms back in 2008.

http://www.politifact.com/truth-o-meter/statements/2015/jul/15/hillary-clinton/hillary-clinton-says-she-called-wall-street-regula/

Thanks for asking!

[bvar22]

6. 2008 was AFTER the CRASH and BAILOUT.

Everybody was calling for reforms (in front of the TV cameras), but only a handful were serious (Bernie), and even fewer supported legislation that would actually prevent another meltdown...AND help Main Street.

I'll let you guess in which camp Hillary set up her tent.
One reason why Wall Street is her biggest contributor.

[MaggieD]

7. Nope. You're wrong.

You really should have read the story at the link.

[jeff47]

10. I'm afraid it's you who are wrong. The earliest date in the article is 2007.

And there were plenty of people calling for more regulation before 2007.

[MaggieD]

11. But you said she didn't call for Wall Street reform back then

You claimed she didn't, and when confronted with FACTS you pretend they aren't real.

[jeff47]

13. A) I'm a different poster. B) Bvar is correct, and backed by your article

that Clinton did not call for reforms until after the crisis started - the "crash of 2008" started in 2007.

[MaggieD]

19. You're embarrassing yourself

Read the link:

"Clinton, still a senator at the time, delivered a speech on the volatility of the subprime mortgage market on March 15, 2007. She said too many people were ignoring warning signs.

"The subprime problems are now creating massive issues on Wall Street," Clinton said. "It's a serious problem affecting our housing market and millions of hard-working families."

She gave specific proposals for addressing subprime mortgages, including expanding the role of the Federal Housing Administration, more borrowing options for underprivileged and first-time homebuyers, more safeguards against predatory lending practices and policies intended to prevent foreclosures.

In August that year, she delivered a similar speech about dealing with problems from subprime mortgages. There, she reiterated earlier proposals, and also suggested laws establishing national standards and registration for loan brokers, as well as regulations on lenders."

[jeff47]

25. I'm embarrassing myself by accurately stating what's in the article

and you're going to "show me" by quoting the article. Really.

Again, the "crash of 2008" started long before 2008. People were warning about credit default swaps and subprime lending far earlier. Earliest I'm aware of with explicit data is 2003.

There are earlier warnings that were theoretical. Such as those made by people who opposed the Gramm–Leach–Bliley Act that repealed Glass-Steagal. Like a certain guy from Vermont who was in the House at the time.

Once again, you really don't know much about history.

[Thinkingabout]

28. A lot the finanical crisis was aided with the Commodities Future Modernization Act of 2000.

We know who voted for the bill.

[jeff47]

30. Yep. And?

You do realize the only people who treat Sanders as an infallible messiah figure are Clinton supporters when they erroneously characterize others, right?

[Thinkingabout]

36. Did he vote for CFMA?

[jeff47]

38. Did you not read the subject of the post you replied to?

Also, was the CFMA worth shutting down the government? Because Gramm rewrote the version of the CFMA that passed the House as a stand-alone bill, then attached it to a "must pass" funding bill.

Are you going to claim everything in those 11,000 pages was bad, or just the Gramm version of the CFMA?

[Thinkingabout]

40. Yes, Sanders voted for the Bill.

[jeff47]

41. Was it worth shutting down the government to stop it? Or anything else in the omnibus bill? (nt)

[Thinkingabout]

44. It sure ended up costing lots of money, lots of griping still to this day.

Just putting to prospective events which lead to the financial crisis.

[jeff47]

78. So...not worth shutting down the government then?

Just putting to prospective events which lead to the financial crisis.

Suuuuuure. Has absolutely nothing with your erroneous belief that Sanders supporters think he's utterly infallible.

[Thinkingabout]

79. Ask those who lost their homes what the cost was.

[jeff47]

80. Yet you can't manage to decide if it was worth shutting down the government.

Was everything else in the 11,000 page bill worth sacrificing?

'Cause that was the only two options: Sacrifice everything else in the bill, or vote for it. Yet you keep posting as if it was a stand-alone bill.

Aren't you guys supposed to be the people who "understand how government works"?

[Armstead]

45. No you have the wroing damn decade

It was Bernie in the 1990's.

He's the one who warned against the possibiulity of a meltdown back in the 1990's and tried to warn Bill Clinton and Congress not to do stupid stuff that would cause it.

Can't give Clinton much credit for standing in the yard and yelling fire when the whole house was obviously going up in flames.

[bettyellen]

34. except that has nothing to do with agreeing with plans she has proposed. NLP, indeed.

[Eric J in MN]

8. Misleading headline (originally a NYT headline)

Senator Warren just wrote that she agrees with Hillary Clinton that Republican efforts to weaken Dodd-Frank should be opposed.

That isn't endorsing her "Wall Street plan."

[DemocratSinceBirth]

9. "How can I contact the public editor? "

How can I contact the public editor?

My assistant and I read every message that we receive, but only reply to those that are part of our mandate. Queries can be submitted to [e-mail]. Please include the following:

To the Public Editor,

Article Headline:
Date Published:
Web or Print:
Your Concern (please limit to 300 words):

---

Your Name:
Location:
Your E-mail:
Phone Number:

It can take us two to four weeks to respond to hand-written letters, but they can be mailed to:

Margaret Sullivan, Public Editor
620 Eighth Avenue
New York, NY 10018

[bvar22]

12. Misleading Headlines from the Hillary Camp?

Tell me it ain't so.

[DemocratSinceBirth]

14. I cited the title verbatim...

Misleading Headlines from the Hillary Camp? Tell me it ain't so.

I cited the title verbatim:

Elizabeth Warren Shows Support for Hillary Clinton’s Wall Street Plan


http://www.nytimes.com/politics/first-draft/2015/12/07/elizabeth-warren-shows-support-for-hillary-clintons-wall-street-plan/

Thank you in advance for your apology.

[NurseJackie]

16. +1

[DemocratSinceBirth]

18. Do you think a fair minded person would apologize for libeling me?

Thank you in advance.

[MaggieD]

20. I think a fair minded person would apologize to you

But don't hold your breath.

I am also waiting for one over here: http://www.democraticunderground.com/?com=view_post&forum=1251&pid=881841

I will not hold my breath either.

[DemocratSinceBirth]

23. It is not the first time I have been unfairly attacked, accused of things I didn't do...

It is not the first time I have been unfairly attacked, accused of things I didn't do, pointed it out, and requested an apology that was never forthcoming... In one instance I even got a hide for defending myself.

It is incumbent upon all people of good will that they see to it that people who traffic in these calumnies should forever be separated from the levers of power. When they aren't , tragedies are born.

[DemocratSinceBirth]

33. If I ever say something untrue, have it pointed out to me, and fail to recant it...

If I ever say something factually untrue, have it pointed out to me, and fail to recant it I give you permission to act in loco parentis and point it out to me in the harshest of terms.

I will appreciate it.

[NurseJackie]

26. To answer your specific question ... I'd say "yes".

With regard to the matter at hand, I'd say that it's highly unlikely.

[DemocratSinceBirth]

29. Some people forget or fail to realize there are real human beings with feelings behind the computer.

[arcane1]

31. Beat me to it.

Agreeing with her opposition to republicans isn't the same thing as agreeing with her actual plans.

[FiveGoodMen]

42. Clinton and Warren both think sky is blue

Clearly on the same page, then!

[raindaddy]

60. Avid support of Glass Steagall and breaking up the big banks is the plan Warren supports..

That's Warrens "Wall Street plan"...

The headline of this article is a desperate attempt at trying to associate Hillary Clinton with a real public advocate and Wall Street's worst enemy... In the hopes that it might help change her image of spending much of her career in Wall Street's pocket...

[JaneyVee]

15. K AND R!

[DemocratSinceBirth]

17. Janey, I cited the title verbatim. Why would a poster suggest I made up the title?

Thank you in advance.

[JaneyVee]

21. It's funny. I just saw this HuffPo tweet using the exact same headline and...

I was going to post the article but you beat me to it. Yup, that's the exact same headline. They refuse to believe polls, they refuse to believe headlines. I believe reality.

[jeff47]

27. You posted it 6 hours ago.

http://www.democraticunderground.com/1251880885

Oh wait! That was the one where you made up your own headline.

[JaneyVee]

32. LOL. No I copied the headline from Brian Fallon on twitter.

You guys fail hard.

[jeff47]

35. So...you were unable to notice the headline wasn't backed up by his story? (nt)

[earthside]

68. This time with photos of the Obamas.

Quite a rather clear concession that Mrs. Clinton can't stand on her own when appealing to genuine progressives.

There is this ... remember ...

Ready for Warren endorses Sanders

And this ...

Elizabeth Warren: 'I love what Bernie is talking about'

[floriduck]

37. I love a person of few letters. mm

[JaneyVee]

39. I love duckies!

[floriduck]

43. K&R nm

[postatomic]

24. HUGE K & R !!! - THANK YOU !!!

[Armstead]

46. Well duh...Heck, I support anything Clinton might do to push back against the GOP efforts...

to gut financial regulations in the spending bill.

What is Warren supposed to say? "I oppose Clinton's effort to do something obvious that I am also in favor of."

[Fuddnik]

47. How often do these fawning propaganda posts get posted the same day?

Then they drop like a rock and (thankfully) disappear forever. Waste of space.

[DemocratSinceBirth]

48. If you don't like my posts I wish you would put me on Ignore

How often do these fawning propaganda posts get posted the same day? Then they drop like a rock and (thankfully) disappear forever. Waste of space.

If you don't like my posts I wish you would put me on Ignore or engage me in another forum where I don't get a hide for speaking my mind because I don't run with the right crowd.


It's craven behavior that anybody with even a modicum of decency and self respect should eschew.

[Skidmore]

49. Surely, you jest.

Seriously? Go take a look at the forum list.

[DemocratSinceBirth]

50. Thank you...

I have been insulted and disrespected in this thread because I dared to post something positive about a Democrat.

[MrWendel]

51. To steal a phrase from Al Gore...

Inconvenient Truth.

[DemocratSinceBirth]

52. In this thread I was accused of fabricating the title when I cited the title verbatim.

I was also accused of deliberately wasting space...

I will not succumb to these attempts to silence me...

If I am not posting it means I got a time out or the good lord called me home.

[MrWendel]

55. If you havent' gotten...

a hit job by the jury, you will soon. I don't care who you support in general, but trying to shut someone up is completely pathetic.

[Cha]

73. What stage of grief is this?.. to borrow from Joe Philly's question on another thread.

[Cha]

72. "Propaganda"? You call Elizabeth Warren's opinion propaganda?

[bec]

53. Oh my goodness!!

You mean Warren says she agrees with certain aspects of her Wall Street plan and that means she is going to endorse Clinton? Wow, that is some good twisting going on. I don't post here much, but every time there is a shady article, like this one, it is usually DemocratSinceBirth posting it. Just an observation.

[DemocratSinceBirth]

54. I cited the title verbatim...

You mean Warren says she agrees with certain aspects of her Wall Street plan and that means she is going to endorse Clinton? Wow, that is some good twisting going on. I don't post here much, but every time there is a shady article, like this one, it is usually DemocratSinceBirth posting it. Just an observation.

I cited the title verbatim:


http://www.nytimes.com/politics/first-draft/2015/12/07/elizabeth-warren-shows-support-for-hillary-clintons-wall-street-plan/?_r=0

I am getting tired of being libeled at a site I have supported with my time and money for over twelve years.

[MrWendel]

56. Also an observation.

Warren saying Bernie has a good heart means that she is endorsing him to right?

[DemocratSinceBirth]

57. Might as well mention again I cited the article title verbatim

http://www.nytimes.com/politics/first-draft/2015/12/07/elizabeth-warren-shows-support-for-hillary-clintons-wall-street-plan/?_r=0

[MrWendel]

58. Well...

you do own the New York times. Fess up. lol

[bec]

59. Never said she was

Her views are much more in line with Bernie's, though.

[DemocratSinceBirth]

61. I cited the title verbatim and you accused me of being shady...

You mean Warren says she agrees with certain aspects of her Wall Street plan and that means she is going to endorse Clinton? Wow, that is some good twisting going on. I don't post here much, but every time there is a shady article, like this one, it is usually DemocratSinceBirth posting it. Just an observation

-bec

That is wrong and any fair person would know it.



It is so easy to insult and disrespect people over the internet, isn't it?

[Cha]

64. Freaking Unreal, DSB.

[bec]

65. Okay

Do you believe that because Warren agrees with certain aspects of her plan that she will endorse Clinton?

[DemocratSinceBirth]

69. Don't know...I do know I never suggested she would endorse Hillary.

Here is my original post verbatim:

Elizabeth Warren Shows Support for Hillary Clinton’s Wall Street Plan


Hillary Clinton, hearing criticism for her ties to the financial industry, received the critical support of Senator Elizabeth Warren on Monday for her proposal to expand the Dodd-Frank regulatory structure and urging of President Obama to veto any legislation that would weaken Wall Street regulation.

“Secretary Clinton is right to fight back against Republicans trying to sneak Wall Street giveaways into the must-pass government funding bill,” Ms. Warren, the liberal senator from Massachusetts, wrote on Facebook after Mrs. Clinton published an Op-Ed article in The New York Times with her proposals to regulate Wall Street.

In the Op-Ed, Mrs. Clinton specifically called for Republicans not to defund the Consumer Financial Protection Bureau, which Ms. Warren previously oversaw. “Whether it’s attacking the C.F.P.B., undermining new rules to rein in unscrupulous retirement advisers, or rolling back any part of the hard-fought progress we’ve made on financial reform,” Ms. Warren wrote, “she and I agree.”

As high-profile Democratic elected officials line up to support Mrs. Clinton’s candidacy, Ms. Warren has remained neutral. This month, 13 of the 14 Democratic female United States senators attended a fund-raiser and rally in Washington for Mrs. Clinton, but the headlines from the event mostly focused on Ms. Warren’s absence.

On Monday, Ms. Warren stopped short of endorsing Mrs. Clinton, but her message of support for the candidate’s Wall Street plan could do much to ease concerns that Mrs. Clinton’s deep donor base of financial executives would make her reluctant to install tough regulations.

http://www.nytimes.com/politics/first-draft/2015/12/07/elizabeth-warren-shows-support-for-hillary-clintons-wall-street-plan/

[MrWendel]

77. I hope...

you feel the same way about the OP touting Liz Warren saying Bernie has a good heart as proof of endorsement.


Senator Elizabeth Warren, "I love what Bernie is talking about...

"Almost an endorsement??? "

http://www.democraticunderground.com/1251881296

[Cha]

63. You don't post here much but you come on to insult the OP for linking an article to the NYT

verbatim?

Oh my goodness yourself.

[DemocratSinceBirth]

66. In a perverse way it shows the power of my fan club.

EOM

[Cha]

67. Yeah, I won't say what kind of fan club you have. I think we both know the answer to that.

[DemocratSinceBirth]

70. Well...

[Cha]

71. That's lovely! I don't care about the ones who don't like me, either..

I'd like to borrow that?

[DemocratSinceBirth]

74. If it wasn't for my fellow Obama-Clinton supporters I might have thrown in the towel already.

You keep me going.

[Cha]

75. Backatcha.. we're in the beautiful minority.

[Cha]

62. Well well well.. good on Elizabeth Warren.. thank you for that vote of confidence for Hillary's

plan for Wall Street!

[BlueCheese]

81. Oh well. Senator Warren's Facebook page is a sight to behold now...