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Elizabeth Warren is a Hard-line Communist Stooge for Democracy Alliance


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44 minutes ago, slideman said:

She scares you rednecks

 

 

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June 2, 2016 - "The payday loan industry, which is vilified for charging exorbitant interest rates on short-term loans that many Americans depend on, could soon be gutted by a set of rules that federal regulators plan to unveil on Thursday.

 

People who borrow money against their paychecks are generally supposed to pay it back within two weeks, with substantial fees piled on: A customer who borrows $500 would typically owe around $575, at an annual percentage rate of 391 percent. But most borrowers routinely roll the loan over into a new one, becoming less likely to ever emerge from the debt.

 

Mainstream banks are generally barred from this kind of lending. More than a dozen states have set their own rate caps and other rules that essentially prohibit payday loans, but the market is flourishing in at least 30 states. Some 16,000 lenders run online and storefront operations that thrive on the hefty profits.

 

Under the guidelines from the Consumer Financial Protection Bureau — the watchdog agency set up in the wake of 2010 banking legislation — lenders will be required in many cases to verify their customers’ income and to confirm that they can afford to repay the money they borrow. The number of times that people could roll over their loans into newer and pricier ones would be curtailed.

 

The new guidelines do not need congressional or other approval to take effect, which could happen as soon as next year."

 

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http://www.nytimes.com/2016/06/02/business/dealbook/payday-borrowings-debt-spiral-to-be-curtailed.html?_r=0

 

 

 

 

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July 28, 2016 - "The federal governments consumer watchdog outlined its plan Thursday for overhauling the debt-collection industry, which critics say has a history of intimidating people into payingeven when they may not owe any money at all.

 

The proposal from the Consumer Financial Protection Bureau would limit how often debt collectors can call consumers. The proposal would also make it easier for people to dispute errors, require collection agencies to do more to verify the debts they are trying to collect, and strengthen protections that limit when debt collectors can contact consumers.

 

“We continue to hear about serious problems with debt collection — debiting accounts without authorization, calling at all hours of the day or night, threats of arrest or criminal prosecution, or threats of physical harm to consumers and even their pets,” CFPB director Richard Cordray wrote in prepared remarks that he expects to deliver at a field hearing on debt collectors in Sacramento on Thursday morning.

 

The CFPB has received about 250,000 complaints about debt-collection companies, more complaints than any other industry and roughly one-fourth of the total complaints filed to the agency. The biggest share of those complaints, 40 percent, came from consumers who said they were being contacted about debts they don’t owe.

 

“Most people who owe debts simply do not have the money to pay due to unexpected illness, unemployment, or divorce,” Margot Saunders, an attorney with the National Consumer Law Center, said in the statement. “Abusive collectors should not be allowed to add to families’ stress with multiple harassing calls each week.”

https://www.washingtonpost.com/news/get-there/wp/2016/07/28/why-you-could-soon-face-fewer-calls-from-debt-collectors/

 

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"There is nobody in this country who got rich on his own. Nobody. ... You moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn't have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did. Now look, you built a factory and it turned into something terrific, or a great idea. God bless. Keep a big hunk of it. But part of the underlying social contract is, you take a hunk of that and pay forward for the next kid who comes along."

 

Elizabeth Warren - A despicable person
Chuck Morse Speaks ^ | Oct 24, 2012 | Chuck Morse 
Posted on 10/25/2012 2:23:29 PM PDT by Chuckmorse
Only in Massachusetts could a lowlife bottom feeder like Elizabeth Warren ever be considered for high office. Putting aside her hard-core followers, her true believing cadres who would follow her off a cliff, I can understand why many mainstream Massachusetts Democrats are supporting her. They support her because they want revenge against Scott Brown for taking the "Kennedy seat" during the special election two years ago. To accomplish this they have decided to hold their noses and shut their eyes and ears.
Where should I start? It difficult to know when so much about Elizabeth Warren is based upon lies. Let's see. The mediocre Harvard professor and bankruptcy lawyer who has never run for public office before began compiling her fortune while still living in Oklahoma City. She made a ton flipping distressed foreclosed properties by working with local banks. Yet, isn't Elizabeth supposed to stand for banking reform? She then takes on big multinational corporate clients while at Harvard Law. She lists Harvard as her business address while employed as a lawyer by these big corporations, those companies made up of "millionaires and billionaires" even though she was not an active member of the bar in Massachusetts. And all this while she drones on about the top 1% and claims to be the inspiration behind Occupy Wall Street.
And who were those clients who were paying her those six figure sums? Let's see. There was Travelers Insurance which hired her to help them set up a means by which to get immunity from making good on insurance policies that were held by victims of asbestos poisoning, people who had payed into their insurance plans while working for the manufacturer Johns Mansville. Elizabeth got a quarter of a million bucks helping Travelers set up a separate fund which would've, at best, paid out peanuts to the victims, but which Travelers never funded because they didn't have to after Elizabeth's handiwork. Perhaps Elizabeth thought the clock would run out and those people poisoned by asbestos would die out before they could offer testimony against her and, in this regard, she was largely right. The victims of this scam are crying out from the grave for truth and Justice.
Then came the coal-mining company, yes liberals, that's right, you heard right, a big fat corporation making big bucks stripping tops off of mountains while screwing their union. Elizabeth was brought in and paid handsomely to help them screw their union out of their pensions and other benefits over the objection of liberals in Congress including the late Senator Ted Kennedy. Elizabeth hopes that if she keeps shrieking loud enough about her championing the cause of working people nobody will notice. Union brothers and sisters....hello? Anyone home?
Then, finally, comes the coup de grace, at least in terms of what is known, and no doubt there is more that is not known. Elizabeth marches in and grabs a big check to help Dow Chemical Company, a CHEMICAL company for cripessakes, normally enemy number one of the left and the environmentalists. Elizabeth helps them defend themselves against lawsuits being brought by WOMEN. These women were suffering from toxic disease due to exposure from their Dow Chemical breast implants. They sought a small measure of justice, JUSTICE, until good old Elizabeth Warren, friend of the corrupt fat-cats when they line her corrupt and greedy pocket, strides forth and squelches these women. Oh yes, I'm sorry, that's right, Elizabeth is a champion of women don't you know.
We don't even need to go into how she cheated on Affirmative Action in order to get her tenured position at Harvard. This is something I thought liberals cared about. Release the personnel files Liz. The mediocre teacher teaches one class at Harvard, gets 375K per year and a free house. Not a bad gig I would say. No wonder the rest of us are going broke trying to pay for College.
But, I almost forgot to mention, Elizabeth knows how to work the "rigged" system. She knows that if she spits out enough left-wing slogans she will get a pass. And indeed she has gotten a pass because if this were anyone else they would be long gone. Fellow Massachusetts voters. Please don't disgrace our state and disgrace yourselves. Please don't vote for this lying cheating fraud.
 

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2 hours ago, johndnorth said:

"There is nobody in this country who got rich on his own. Nobody. ... You moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn't have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did. Now look, you built a factory and it turned into something terrific, or a great idea. God bless. Keep a big hunk of it. But part of the underlying social contract is, you take a hunk of that and pay forward for the next kid who comes along."

 

Elizabeth Warren - A despicable person
Chuck Morse Speaks ^ | Oct 24, 2012 | Chuck Morse 
Posted on 10/25/2012 2:23:29 PM PDT by Chuckmorse
Only in Massachusetts could a lowlife bottom feeder like Elizabeth Warren ever be considered for high office. Putting aside her hard-core followers, her true believing cadres who would follow her off a cliff, I can understand why many mainstream Massachusetts Democrats are supporting her. They support her because they want revenge against Scott Brown for taking the "Kennedy seat" during the special election two years ago. To accomplish this they have decided to hold their noses and shut their eyes and ears.
Where should I start? It difficult to know when so much about Elizabeth Warren is based upon lies. Let's see. The mediocre Harvard professor and bankruptcy lawyer who has never run for public office before began compiling her fortune while still living in Oklahoma City. She made a ton flipping distressed foreclosed properties by working with local banks. Yet, isn't Elizabeth supposed to stand for banking reform? She then takes on big multinational corporate clients while at Harvard Law. She lists Harvard as her business address while employed as a lawyer by these big corporations, those companies made up of "millionaires and billionaires" even though she was not an active member of the bar in Massachusetts. And all this while she drones on about the top 1% and claims to be the inspiration behind Occupy Wall Street.
And who were those clients who were paying her those six figure sums? Let's see. There was Travelers Insurance which hired her to help them set up a means by which to get immunity from making good on insurance policies that were held by victims of asbestos poisoning, people who had payed into their insurance plans while working for the manufacturer Johns Mansville. Elizabeth got a quarter of a million bucks helping Travelers set up a separate fund which would've, at best, paid out peanuts to the victims, but which Travelers never funded because they didn't have to after Elizabeth's handiwork. Perhaps Elizabeth thought the clock would run out and those people poisoned by asbestos would die out before they could offer testimony against her and, in this regard, she was largely right. The victims of this scam are crying out from the grave for truth and Justice.
Then came the coal-mining company, yes liberals, that's right, you heard right, a big fat corporation making big bucks stripping tops off of mountains while screwing their union. Elizabeth was brought in and paid handsomely to help them screw their union out of their pensions and other benefits over the objection of liberals in Congress including the late Senator Ted Kennedy. Elizabeth hopes that if she keeps shrieking loud enough about her championing the cause of working people nobody will notice. Union brothers and sisters....hello? Anyone home?
Then, finally, comes the coup de grace, at least in terms of what is known, and no doubt there is more that is not known. Elizabeth marches in and grabs a big check to help Dow Chemical Company, a CHEMICAL company for cripessakes, normally enemy number one of the left and the environmentalists. Elizabeth helps them defend themselves against lawsuits being brought by WOMEN. These women were suffering from toxic disease due to exposure from their Dow Chemical breast implants. They sought a small measure of justice, JUSTICE, until good old Elizabeth Warren, friend of the corrupt fat-cats when they line her corrupt and greedy pocket, strides forth and squelches these women. Oh yes, I'm sorry, that's right, Elizabeth is a champion of women don't you know.
We don't even need to go into how she cheated on Affirmative Action in order to get her tenured position at Harvard. This is something I thought liberals cared about. Release the personnel files Liz. The mediocre teacher teaches one class at Harvard, gets 375K per year and a free house. Not a bad gig I would say. No wonder the rest of us are going broke trying to pay for College.
But, I almost forgot to mention, Elizabeth knows how to work the "rigged" system. She knows that if she spits out enough left-wing slogans she will get a pass. And indeed she has gotten a pass because if this were anyone else they would be long gone. Fellow Massachusetts voters. Please don't disgrace our state and disgrace yourselves. Please don't vote for this lying cheating fraud.

 

 

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