Elizabeth Warren video stirs up “class warfare” in Massachusetts
Posted in Main Blog (All Posts) on September 24th, 2011 4:35 am by HL
Elizabeth Warren video stirs up “class warfare” in Massachusetts
Much has been made of the viral video circulating of Massachusetts Senate candidate Elizabeth Warren (D) making a forceful argument for more taxation of rich people.
But the fiery rhetoric in the video suggests Warren could prove too liberal for even Massachusetts.
Warren made her political name as a consumer hero as the former head of the consumer oversight panel for the Troubled Asset Relief Program. President Obama hired her in 2010 to create the new Consumer Financial Protection Bureau established by the financial reform legislation that grew out of the subprime mortgage mess. Senate Republicans opposed her nomination to lead the new office, and even some administration officials were reportedly against her.
Partisanship flares again, thwarts passage of stopgap funding bill
The unexpected flare-up of partisan rancor over a minor line-item in the federal budget this week left lawmakers feeling increasingly gloomy about their ability to address issues of greater consequence, from the stubbornly high jobless rate to the soaring national debt.
“It’s a lot of energy wasted for nothing,” Rep. Phil Roe (R-Tenn.) said Friday as the Senate rejected a House-passed bill to fund the government for the next few weeks. “If we can’t do this, how do we do the heavy lifting?”
Perry’s immigrant-education stand draws fire
Texas Gov. Rick Perry’s support for a law allowing illegal immigrants in Texas to pay in-state tuition is emerging as a key vulnerability as he seeks to maintain his frontrunner status in the Republican presidential race.
At Thursday’s GOP debate in Florida, Perry defended his support for the Texas DREAM Act by calling critics of the law insensitive. “If you say that we should not educate children who have come into our state for no other reason than they have been brought there by no fault of their own, I don’t think you have a heart,” Perry said.
Solyndra executives take the Fifth before U.S. House subcommittee
Top executives of Solyndra, the shuttered solar company that received a half-billion dollar federal loan before filing for bankruptcy, refused to answer questions from a congressional subcommittee Friday. They instead invoked their rights against self-incrimination.
Furious Republican lawmakers described the loan as a “taxpayer rip-off” — and they pledged to continue probing whether the firm misled the government and whether the Obama administration rushed its loan approval.
