Tag: Elizabeth Warren

Why Elizabeth Warren wants you to be poor

Guest Post by Simon Black

Late last week, Amazon founder Jeff Bezos gave away nearly $100 million to more than a dozen charities across the United States.

It would take the average person more than 1,000 centuries to accumulate that much money. Yet Bezos gave it away in a single day.

And it’s not like that was the first time he’d ever given to charity. Bezos has already donated billions of dollars to other philanthropic endeavors.

You’d think that such generosity would be appreciated. Yet when Forbes announced Bezos’ gift last week, Twitter user punkassbamboo complained:

 

“A whopping .09% of his net worth. Thanks so much Jeff.”

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TUCKER PRAISES WARREN

Warren Proposes $640 Billion Student Debt Forgiveness, Free College

Via ZeroHedge

Sen. Elizabeth Warren (D-MA) has called for the cancellation of approximately $640 billion in outstanding student loan debt which would benefit people based on income, according to Politico.

The plan would eliminate up to $50,000 in student loan debt for anyone with under $100,000 in annual household income. This would diminish for people with incomes between $100,000 and $250,000 ($1 relief for every $3 earned), and would not be available to those making over $250,000.

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Even Elizabeth Warren is maximizing her tax deductions

Guest Post by Simon Black

On September 11, 1791, sixteen men disguised themselves as women and waited patiently in a forest outside of Pittsburgh, Pennsylvania for the local tax collector.

The tax collector’s name was Robert Johnson. And he was tasked with collecting the new Whiskey Tax that had recently been signed into law.

This was -very- early in US history; the Constitution had only been ratified two years early, and George Washington was barely into his first term as President.

At the time, the US was drowning in debt. The American Revolution was terribly expensive, and the national debt amounted to more $75 million… an extraordinary sum at the time.

In order to pay for it, Treasury Secretary Alexander Hamilton convinced his colleagues to pass an excise tax on distilled spirits; and the so-called Whiskey Tax became law in March of 1791.

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Elizabeth Warren’s Wealth Tax – How to Destroy the United States in Less than 10 years

Hat tip P2

Guest Post by Martin Armstrong

Warren’s proposal is not only going to be the final nail in the coffin of capitalism and the United States but indeed, investors will migrate to China. The danger is clear. The famous legal case that led to the Supreme Court’s Right to Privacy was Griswold v Connecticut. It involved a doctor who was criminally convicted for giving married persons information and medical advice on how to prevent conception with a condom. The religious extremist took the view that the Bible said go forth and propagate and thus they imposed their religious beliefs upon the majority by criminal law.

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Eat The Rich

Guest Post by The Zman

Elizabeth Warren is running for the Democratic presidential nomination, so she is out making the rounds, boasting of what she would do as president. She’s planning to run as the weepy champion of the middle-class, so you can expect her to say the “middle class is getting hammered” six million times over the next year. She can’t be a culture warrior, now that her fake Indian cover is blown, so she is going for the bourgeois populism that used to be a thing on the Left, before they discovered anti-whiteness.

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Tucker: ‘In 2003, Warren Wrote A Book About How The Entry of Mothers Into The Workforce Has Been a Disaster For Families’

Via Information Liberation


On his show Monday, Fox News host Tucker Carlson highlighted a 2003 book from Elizabeth Warren and her daughter where they argued “the entry of mothers into the workforce has been a disaster for families and the country.”

The book was titled, “The Two-Income Trap.”

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QUOTE OF THE DAY

“Our country is in a moment of crisis decades in the making, a moment in which America’s middle class has been hollowed out, working people have been betrayed, and democracy itself is under threat. While it is easy to blame President Trump for our problems, the truth is that our challenges began long before him. And without serious reforms, they are just as likely to outlast him.”

Elizabeth Warren

A Fork-in-the-Road Approaches: The Short List – 95 Revelations from July, 2018

By Doug “Uncola” Lynn via TheBurningPlatform.com

Beginning in May of this year (for April), this blogger had the idea to track linked internet headlines from various link-aggregating websites as documented transitions and arrange them into catalogued anthologies. The goal was to map a veritable road, if you will, on the way toward future revelations.

Beyond that, the series of encyclopedic atomization was meant for posterity, a means to compare tracking from previous months, and assembled in outright defiance against increasing internet censorship and memory-holed search engine results.

Predictably, like dots formulated into patterns on a grid, or in a matrix, so too have trends come into better focus as we continue our monthly trek toward the 2018 Midterm Elections.

As stated by this blogger before, President Donald Trump is the manifestation of one of the following three possibilities:

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Trump Calls Elizabeth Warren “Pocahontas” At Event Honoring Navajo Veterans

Tyler Durden's picture
by Tyler Durden
Nov 27, 2017 3:34 PM

Media outrage is brewing after President Trump on Monday referred to Senator Elizabeth Warren as “Pocahontas” at an event honoring Native American “code talkers” who served in World War II.

“You were here long before any of us were here,” Trump said, standing beneath a portrait of former President Andrew Jackson. “Although we have a representative in Congress who they say was here a long time ago. They call her Pocahontas.” Turning to the veterans, Trump said “but do you know what? I like you.”

The president made the remark in the Oval Office standing beside three Navajos who helped the U.S. Marine Corps develop a secret code during the Second World War. The three “code talkers” reportedly did not react to Trump’s remark.

In the past Trump has repeatedly used the nickname to refer to Warren, poking fun at her claim of Native American heritage.  The president also referred to White House chief of staff John Kelly as “chief.”

“He’s the general and the chief,” Trump said during the event. “I said, how good were these code talkers? He said, ‘sir, you have no idea. You have no idea how great they were’.”

STEVE EISMAN: SMART, LUCKY, ABRASIVE & NOW ONE OF THEM

I loved Michael Lewis’ book – The Big Short – about the 2008 Wall Street created global financial catastrophe, that is still impacting the little guys on Main Street eight years after it was supposedly resolved by Paulson, Bernanke and Obama. I even wrote an article about it called The Big Short: How Wall Street Destroyed Main Street. I also loved one of the main characters in the book – Frontpoint Partners hedge fund manager Steve Eisman – a foul mouthed, highly skeptical, open minded guy who figured out the fraudulent subprime mortgage scheme and shorted the crap out of the derivatives backing the fraud, making hundreds of millions in the process.

I had the opportunity to attend a 90 minute talk by Steve Eisman last night where he discussed the financial crisis, the response by the Fed and government, and the future for the financial industry. My perception of him, based on the book and movie, was he was a cantankerous asshole who didn’t care what anyone thought about him. My perception matched what I experienced. He was dropping f-bombs, insulting the institution hosting his talk, making fun of business school students (he graduated with a liberal arts degree) and dismissing any question he found to be stupid.

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