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Economy
In reply to the discussion: STOCK MARKET WATCH -- Friday, 18 April 2014 [View all]DemReadingDU
(16,000 posts)28. NPR interviews Elizabeth Warren
4/18/14 Sen. Elizabeth Warren Writes Of A Worldview Shaped In Youth
Interview Highlights
When she a 12-year-old girl growing up in Oklahoma, Warren's father had a heart attack and could no longer work. Money was tight, and the family lost their station wagon. Her parents were terrified of losing their home.
On how that moment shaped her
I still remember the day. Going up to my mother's bedroom, and she had pulled her best dress out of the closet. She was crying and struggling to get into that dress. She was determined we were not going to lose our house. And I remember watching her as she walked out the door, and walked over to the Sears, and got a minimum wage job. But in those days, that was enough to save our home.
On going into bankruptcy law
I've always been afraid of financial collapse. You watch something happen in your own family and you realize that people can be good people work hard, play by all the rules and still just get a smack in the head. Understanding that and why it happens and what we should do about that as a country has always been something that's been powerfully important to me. Most people who file for bankruptcy were hard-working, play-by-the-rules, middle-class folks. But they had been hit hard by serious medical problems, by a long-term job loss or by a family breakup either a divorce or a death in the family.
audio at link, appx 7 minutes
http://www.npr.org/2014/04/18/304176260/sen-elizabeth-warren-writes-of-a-worldview-shaped-in-youth
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