Elizabeth Warren’s Incredible 52 Second Destruction of Romney’s Alternate Reality
Watch Elizabeth Warren’s Incredible 52 Second Destruction of Romney’s Alternate Reality
By: Jason Easley
May 15, 2012
Elizabeth Warren demonstrated why Wall Street doesn’t want her in the Senate with a 52 second destruction of Mitt Romney’s alternative reality that the banks are over regulated.
After Warren explained that there is no regulator looking over the shoulder of the big banks, and how dangerous it is for the country that they are still in charge of their own risk practices, Maddow asked her about Mitt Romney’s claims that Wall Street regulation is choking off growth, and there has been too much of a crackdown on the banks. Warren responded, “You know, you really want to say did he hear what Jamie Dimon just said? Jamie Dimon’s own words were that this was stupid. This was sloppy, so stupid, and so sloppy that it wasn’t even picked up by a regulator. There was no one to say hey, wait a minute; I want to review your risk practices. I want to see the kind of risk that this huge financial institution is taking on, because we’re just about three and a half years past the time when you took on so much risk that you brought this economy almost to its knees. So the idea that Mitt Romney thinks that the banks are over regulated. It’s an alternative reality. It’s simply not true. The problem right now is that there’s not adequate regulation.”
It only took Elizabeth Warren fifty two seconds to explain to the world that Mitt Romney’s views on bank regulation and Wall Street are out of touch with reality. She made it clear that if Romney really believes that the banks are under regulated, he is living in a fantasy world. Her remarks to Rachel Maddow are part of the reason why Wall Street is working so hard to try to keep Elizabeth Warren out of the Senate. The reason why Wall Street and the big banks and dumping money into Mitt Romney and Scott Brown’s campaigns is that they are terrified of what an Obama/Warren team might be able to accomplish.
Wall Street has nightmares about what Elizabeth Warren could accomplish in the Senate. Imagine the legislation she could put forward, the media platform she could build, and if Democrats kept control of the Senate the committees that she could eventually chair, and the hearings that she could hold. Elizabeth Warren is Wall Street’s worst nightmare, which is why they are donating millions to Scott Brown.
Wall Street isn’t trying to keep Brown in. They are trying to keep Warren out.
Mitt Romney holds the exact same view of Wall Street that George W. Bush did. Even when the Wall Street behaves badly, they are not to be regulated. It doesn’t matter if their behavior is harming millions of Americans and the entire economy. What’s good for Wall Street is good for America, except when it isn’t and Wall Street pushes the nation towards the brink of collapse, but even then regulations are evil.
Corporations and their risky decisions that ruin lives are more important than the people they harm with their behavior. Elizabeth Warren’s ideas are the antidote to this poison, and Wall Street is doing their best to try to prevent America from ever getting the cure that she so desperately needs.
Read More: http://www.politicususa.com/elizabeth-warren-romne...
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Recent advances in DNA sequencing reveal that American Indians have genetic characteristics in common with ancient Siberians. Using mitochondrial DNA as a reference, the Beringian migration theory has been modified. Researchers now believe that the Beringian land mass was home to the ancestors of American Indians for 15,000 years. Further glacial erosion in the northwestern part of the American continent allowed subsequent migration deeper inland. While archaeological artifacts are lacking, DNA evidence nevertheless points toward a migratory route that originated in Asia.
An immigrant is one who migrates to another country usually for permenant residency' there were no countries established when these people came here.
I think the term Native, in this case, means 'original'.
According to a prevailing New World migration model, migrations of humans from Eurasia to the Americas took place via Beringia, a land bridge which connected the two continents across what is now the Bering Strait. The most recent migration could have taken place around 12,000 years ago, with the earliest period remaining a matter of some unresolved contention. These early Paleo-Indians soon spread throughout the Americas, diversifying into many hundreds of culturally distinct nations and tribes. According to the oral histories of many of the indigenous peoples of the Americas, they have been living there since their genesis, described by a wide range of traditional creation accounts.
Eurasia is a geographical continent. It refers to the uninterrupted landmasses with their associated islands and regions, surrounded by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea, the Suez Canal, along the Sinai Peninsula, the Red Sea and the Indian Ocean to the south, and the Pacific Ocean to the east.
That's more than Asia.
Indians never used percentage of blood to determine who was a member, it has been thrust upon them by the white man, if you were in the tribe, you were family. Seems quite sound reasoning to me.
Um did you know that 1/32th is considered Indian... In fact there is one gentleman that Chief of one the biggest native American organizations and he's 1/32 th native American...
So, maybe you're also Chief... of Blowing it OUT of your ASS.
Or are you so unawares that you don't know that The Boston Globe has admitted that there is NO EVIDENCE of any Indian heritage, Cherokee or otherwise, in Chief Full-of-Crap's family background.
Here ya go... educate yourself moron...
http://www.msnbc.msn.com/id/2...
I highly doubt you can explain how JPM "used one of these holes." You couldn't even explain what the "hole" is.
Mainly because what you say is completely false.
The government is notorious for enacting legislation and policy without thinking through everything and the negative effects it potentially has. I speak from experience as I have been all but financially ruined as a result of some ignorant regulations that became (law) that ultimately damaged the profession and was repealed in 2010 after it was too late. It actually was a shift of power and money back to the Wall Street Banks.
That's one thing many on the Right don't seem to understand about the concept of "lying". Lying, to me, is making a statement of fact that is not true at a time when the person making the statement of fact knows it's not true. If I say "the Mets won the world series last year" that's a lie, because in fact the Mets didn't win and I know they didn't win. But if I say "the Mets will win the world series this year" that's not a lie, even though I know that their chances are exceedingly slim. So, for instance, when the President said he would close Guantanamo within a year, that was not a lie because at the time that was his intention and he honestly believed it would be done. He didn't anticipate the level of obstructionism from the Right and he did what he could to make it happen. Yet that will invariably show up on the lists you folks constantly post of "Obama's lies." The President has not lied about anything. He's been mistaken on occasion, and he has not been able to follow through on everything he has planned, but that's about it.