‘Wall Street Broke This Country — One Lousy Mortgage At A Time’

Elizabeth Warren: ‘Wall Street Broke This Country — One Lousy Mortgage At A Time’

Zeke Miller | Oct. 9, 2011, 11:28 AM

Massachusetts Senate candidate and former Obama administration official Elizabeth Warren laid into the financial sector for their role in bringing about the recession.

Asked about her position on the Occupy Wall Street protest at last week’s Massachusetts Senate debate, Warren said that people have to follow the law, then immediately launched into an invective against the banks.

“The people on Wall Street broke this country, and they did it one lousy mortgage at a time. It happened more than three years ago, and there has been no real accountability, and there has been no real effort to fix it. That’s why I want to run for the United States Senate.”

Warren, the force behind the creation of the Consumer Financial Protection Bureau so anathema to Wall Street, has become the front-runner in the race to unseat Sen.Scott Brown — and the financial sector is plotting to undermine her candidacy.

We need more Elizabeth Warren(s) and less Scott Brown(s). Sen. Scott Brown is apparently beholden to the Wall Street financial community (banks and insurance interests) and these are the candidates we need to unseat. Can anyone explain why you need to raise $10,925,906 (that’s nearly $11 MILLION) for a U.S. Senate seat that pays only $174,000 a year?

Looks like raising that much capital would put a candidate in a position of “obligation” to special interests. Just take a look at where the special interest monies came from in Scott Brown’s hairless war chest…

Scott Brown’s campaign war chest:

An when you “view more data” this is how it breaks down:

You clearly tell who Mr. Brown is indebted to.  Look at the amount of funds from “Securities & investments”… there is no way he can cast an unbiased vote against Wall Street.  There is no way Scott Brown can effectively address Wall Street reform.  Scott Brown‘s and his hypocrisy have gotta go.

America needs Elizabeth Warren. Why does this affect you in HI, CA, MD, NY, FL, KY, ME, OH, MI, MS, MT, NJ, etc.? Because the U.S. Senate is a very powerful club.  It’s time to expose and remove those that are beholden to Wall Street special interests – no matter what state you live in.  If there are 33 senate seats in 2012 up for grabs and everybody gave a $1 to each Wall Street reform candidate – they’d have spectacular campaign funds that might actually out spend the banks. This is real change.

1 thought on “‘Wall Street Broke This Country — One Lousy Mortgage At A Time’

  1. Pingback: ‘Wall Street Broke This Country — One Lousy Mortgage At A Time’ | Foreclosure News Online

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