Despite her best efforts and most passionate gesticulations, Senator Elizabeth Warren (D., Mass.) failed to shut down the government on Thursday, thus proving her political clout is vastly inferior to that of GOP colleague Ted Cruz. Warren had urged House Democrats to block a controversial spending package, which included a provision to roll back a portion of …
Elizabeth Warren is doing her best Ted Cruz impression this week as she attempts to scuttle a bipartisan budget agreement. She is trying to remove a provision—supported by both parties—that would roll back certain regulations imposed as part of the Dodd-Frank financial reform bill. President Obama, meanwhile, has urged Congress to pass the budget agreement as is.
Warren has taken particular aim at Citigroup, which she accuses of authoring the provision, and seems to be positioning herself to shutdown the government:
“I do think at a certain point you’ve made enough money,” President Obama said in 2010. His potential successor and her philandering husband couldn’t disagree more.
The Clintons can’t stop making money. Hillary recently took home $225,000 for a speech at the University of Nevada-Las Vegas foundation, money she refused to give back after students at the public university protested her exorbitant speaking fee in the face of rising tuition costs.
Bill, meanwhile, just wrapped a six-figure keynote gig at Veritas Capital, a private equity firm. You know, sort of like Bain Capital, which Democrats spent the entire 2012 campaign attacking at as a heartless agent of “vulture capitalism.”
Liberal are very agitated about Burger King’s decision to acquire Canadian coffee chain Tim Hortons in a move that will allow the company to “invert” its headquarters to Canada, and pay a significantly lower tax rate.
Their first instinct was to accuse the “unpatriotic” burger chain of treason. However, conflicting emotions ensued once they learned that “good” billionaire Warren Buffett helped financed the deal.
It doesn’t really matter though, does it? Because Hillary Clinton is going to be the Democratic nominee in 2016, and anyone who thinks she is going to coddle Corporate American any less than the Obama administration has over the years is kidding themselves.
Like most rich liberals, Hillary Clinton has tons of even richer friends who work on Wall Street. Though she would never say it publicly, Clinton and her closest allies almost definitely high-fived when New York’s finest finally evicted the “occupiers” at Zuccotti Park.
On Friday, the whole Clinton clan will convene at Goldman Sachs headquarters in Manhattan for a meet and greet with top donors to the Bill, Hillary & Chelsea Clinton Foundation. The New York Times reported last month:
The event, which is held annually, will include a morning talk and lunch with the Clintons and their daughter, who as vice chairwoman of the foundation her father started has taken on a leadership role. Later, Mr. Clinton and his daughter will join donors for dinner at Birreria, the chef Mario Batali’s rooftop restaurant in the Flatiron district of Manhattan. …
Since the passage of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, a recent Sunlight Foundation analysis showed that federal regulators have had a massively disproportional number of meetings with the nation’s biggest banks, in contrast to the number of meetings held with reform-oriented groups.