In 2004, Elizabeth Warren Called Hillary Clinton a Donor Puppet

• June 13, 2016 10:13 am


Sen. Elizabeth Warren (D., Mass.), who endorsed Hillary Clinton for president last week, called Clinton a donor puppet for corporate credit card companies in a 2004 interview.

Warren was describing a bankruptcy bill that former President Clinton vetoed, due to Clinton pressure. However, she voted in favor of this bill.

When asked why Clinton would do this after she so steadily got support to help kill it, Warren gave her honest opinion. Warren said that Clinton came up to her and spoke about how they needed to "stop that awful bill."

"As Sen. Clinton, the pressures are very different. It's a well-financed industry and a lot of people don't realize that the industry that gave the most money to Washington over the past few years. It was not the oil industry, it was not pharmaceuticals. It was consumer credit products. Those are the people, the credit card companies have been giving money and they have influence," she said.

"And Mrs. Clinton was one of them as senator," Bill Moyers said.

"She has taken money from the groups and more to the point, she worries about them as a constituency," she said.

"So, what does this mean though to these people, these millions of people out there whom the politicians cavort in front of this favoring of the middle class and then are beholden to the powerful interest that undermine the middle class?" Moyers asked. "What does this say about politics today?"

Warren continued to say that this is the scary part of democracy today. She explained that as these companies grow and make more and more profit, they are then able to allocate more money towards lobbying in order to gain more influence in politics.

This comes in the wake of speculation that Warren is on the list as a potential Clinton running mate.