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9 Reasons to Love Elizabeth Warren

9 Reasons to Love Elizabeth Warren

A video of newly elected Massachusetts Senator Elizabeth Warren went viral this past week. No, she wasn’t doing the Harlem Shake, but she did something equally amazing by taking charge at a Senate hearing and asking top officials a simple question: “When did you last take a Wall Street bank to trial?”

The answer, of course, is that they haven’t taken any to trial. Warren already knew this fact, but good on her for make U.S. officials squirm and confirm this fact for the record. After campaigning on a platform of representing the middle class and challenging the big banks, it’s great to see her beginning to follow through so quickly.

This was hardly the first time Warren said something worth getting excited about. Here are eight other terrific Warren quotations that give us hope that she’ll pursue real economic reform in Washington:

1. “There is nobody in this country who got rich on his own. Nobody. You build a factory out there – good for you! But I want to be clear: you moved your goods to market on roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because police forces and fire forces that the rest of us paid for; you didn’t have to worry that marauding bands would come and seize everything at your factory… Now look: you built a factory and it turned into something terrific or a great idea – God bless, keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.” – on the campaign trail, 2011

2. “You know, I want to turn to these guys [Wall Street execs] sometimes, and I want to say, ‘What part of ‘we bailed you out’ do you not get?’ These are people who would not have their jobs because they would not have their companies.” – The Daily Show, 2010

3. “I’m not looking for my next job – I figure that is the biggest liberator in Washington humanly possible… I’m not going so that I can create a long and illustrious career in the Senate. I’m going to make change.” – New York Magazine, 2011

4. “The reality is Congress is about to write the rules of our economic system that will guide us for the next fifty years. If they get it right, we’re good. If they get it wrong, the country we know will be gone… This is democracy, and if we the people don’t insist that those who are in Washington represent us, then they’ll go back to the same rules that benefit the same large financial institutions. And frankly, at that point, we’re all just working for the big banks.“ - NOW Economics Series interview, 2010

5. “We’re going to fight for a level playing field and we’re going to put people back to work. That’s what we’re going to do. To all the small business owners who are tired of a system rigged against them: we’re going to hold the big guys accountable… To all the young people who did everything right and are drowning in debt: we’re going to invest in you… To all the women… who are working your tails [off], you better believe we’re going to fight for equal pay for equal work.” – Senate victory speech, 2012

6. “No, Governor Romney, corporations are not people. People have hearts, they have kids, they get jobs, they get sick, they cry, they dance. They live, they love, and they die. And that matters. That matters because we don’t run this country for corporations, we run it for people.” – Democratic National Convention, 2012

7. “Look around. Oil companies guzzle down the billions in profits. Billionaires pay a lower tax rate than their secretaries, and Wall Street CEOs – the same ones who wrecked our economy and destroyed millions of jobs – still strut around Congress, no shame, demanding favors and acting like we should thank them.” - Democratic National Convention, 2012

8. “It is impossible to buy a toaster that has a one-in-five chance of bursting into flames and burning down your house. But it is possible to refinance an existing home with a mortgage that has the same one-in-five chance of putting the family out on the street –and the mortgage won’t even carry a disclosure of that fact to the homeowner. Similarly, it’s impossible to change the price on a toaster once it has been purchased. But long after the papers have been signed, it is possible to triple the price of the credit used to finance the purchase of that appliance, even if the customer meets all the credit terms, in full and on time. Why are consumers safe when they purchase tangible consumer products with cash, but when they sign up for routine financial products like mortgages and credit cards they are left at the mercy of their creditors?” – Democracy (journal), 2007

 

Related Stories:

With Elizabeth Warren on the Banking Committee, Will Wall Street Finally Pay Up?

Elizabeth Warren Takes on Scott Brown over Birth Control

Elizabeth Warren: It Gets Better (VIDEO)

 

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188 comments

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6:44AM PDT on May 17, 2013

Everything she has said and done shows Elizabeth Warren is on the side of 98% of Americans.

As far as native ancestry goes, I am proud of my great-grandmother's grandfather who fought with the Revolutionary Army and was paid with a land grant after the war ended. He was a Native American and my mother warned me not to try to join the DAR because of his race.

11:14AM PST on Mar 3, 2013

Elizabeth Warren for President 2016.

3:37AM PST on Mar 2, 2013

Thanks

6:20PM PST on Feb 28, 2013

@ Lisa S.
Elizabeth Warren says her parents had to elope because her father's family didn't want him marrying a woman with Indian blood (an Indian grandmother). Similarly, in my family, one aunt eloped because she thought her New England Yankee family wouldn't approve of her marrying a first-generation American of Swedish parents. The same aunt's son, my cousin, gave all three of his kids Swedish names, to show his ownership of his dad's side of the family. He is the same age as Elizabeth; when they were college age in the late '60s, it became 'cool' to acknowledge one's ethnic heritage. What's wrong with that?

12:52PM PST on Feb 28, 2013

God Bless Elizabeth Warren, may she help bring this country back on course.

12:23AM PST on Feb 28, 2013

Elizabeth Warren. Just Awesome!

8:06PM PST on Feb 27, 2013

Elizabeth Warren is a fake Indian, but she still won the election! You gotta love politics!

2:26PM PST on Feb 27, 2013

Cyan D—Reagonomics 101: During his presidency, the federal debt increased from $998 billion to $2.6 trillion. Credit outstanding doubled from $5 trillion to $10 trillion. His reductions in capital gains taxes and income taxes for the top 2% started a meteoric 900% rise in their holdings over the intervening years since, an increase that did not slow down one bit during the so-called "recession" still plaguing the middle class. Reagan's deregulation of S&Ls led to that nifty little crisis, which ripped $500 million from the middle class, while the upper crust just kept sailing along. In 1983, under Reagan's sleepy gaze, America became a global debtor nation, dependent upon foreign investment to survive. Reagan said, "We're turning the bull loose." Didn't mention it was going to trample 98% of us, did he? He thumbed his nose at America's environmental integrity, putting James Watt in charge. Remember? That's a legacy we could certainly do without today. Ronnie was a B actor, but deserves an F as president. You want a thriving economy? You don't build it by allowing Wall Street to do the same thing to the American people that Ronnie did to this nation. Pay attention to that 900% figure. Think about it. Ronnie promised, if that happened, if he relieved the tax burden on the top 2%, jobs would result. Well, it happened. It's still happening. And where are the jobs? To build a thriving economy you build a thriving middle class that can buy things. Reagan and Bush poured m

6:47AM PST on Feb 27, 2013

Elizabeth Warren is a refreshing addition to Congress.

10:39AM PST on Feb 26, 2013

Susan A Here is part of one of the Washington Post's article on the subject of Warren's native american claims.
In late April, the Boston Herald reported that in the 1990s, Harvard Law School – where Warren began teaching in 1992 and was granted tenure in 1995 – touted the Democrat’s Native American background as part of an effort to boost its diversity hiring record. Warren’s campaign said she didn’t bring up her heritage before Harvard hired her and that her background came out through later conversations.

The next week, Warren acknowledged listing herself as a minority in a directory of law professors. The directory included her on a list of minority professors from 1985 to 1996, the Boston Globe reported. Warren said she listed herself as a minority because she wanted to connect with “people for whom native American is part of their heritage and part of their hearts.” Brown, meanwhile, went on offense, calling for more scrutiny.
In late May, the Globe reported that Warren acknowledged that at some point after she was hired by Harvard and the University of Pennsylvania, she informed the schools of her Native American heritage. The revelation spurred a new round of questions, since Warren never brought up the fact a month earlier, instead saying she didn’t know why Harvard listed her as Native American.

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