Elizabeth Warren's Anti-Trump Onslaught Looks Like It's Just Warming Up

http://www.motherjones.com/politics/2016/05/elizabeth-warren-donald-trump-taxes-housing-market-dodd-frank
"she expanded her arguments against him during a speech at the annual gala for the liberal nonprofit Center for Popular Democracy. "Let's face it: Donald Trump cares about exactly one thing—Donald Trump," said the senator from Massachusetts, according to her prepared remarks. "It's time for some accountability because these statements disqualify Donald Trump from ever becoming president. The free ride is over." Warren's attack on Trump wasn't quite as harsh as it's been in the past; during her first tweetstorm after he secured the nomination, she said he had "built his campaign on racism, sexism, and xenophobia." But that doesn't mean she held back during her speech Tuesday. She began by reflecting on the human toll from the foreclosure crisis and then tied it to an NBC report this week that quoted Trump, shortly before the housing market crash, saying he was "excited" for the bubble to burst since he'd make money off the misfortune it caused. "Donald Trump was drooling over the idea of a housing meltdown," Warren said, "because it meant he could buy up a bunch more property on the cheap." She also zeroed in on a topic that has been a growing cause of frustration for Democrats: Trump's refusal to release his tax returns, as major presidential candidates have long done. "Maybe he's just a lousy businessman who doesn't want you to find out that he's worth a lot less money than he claims," Warren speculated. Echoing a video from her 2012 Senate campaign, Warren emphasized that "Donald Trump didn't get rich on his own." He inherited a fortune from his father, she said, and "his businesses rely on the roads and bridges the rest of us paid for. His businesses rely on workers the rest of us paid to educate and on police forces and firefighters who protect all of us and the rest of us pay to support." Warren quoted a recent statement from Trump attacking the 2010 Dodd-Frank law, passed by Democrats to try to rein in Wall Street, for imposing too many restrictions on bankers."

Obama’s #MadeInAmerica Speech Proves The Recovery And Beyond (TWEETS, GRAPHS)

http://www.addictinginfo.org/2015/01/07/obamas-madeinamerica-speech-proves-the-recovery-and-beyond-tweets-graphs/
"Naysayers have tried and tried again to get people to believe that the nation hasn’t comeback from the brink of another depression to a full-fledged recovery, but it has… it really, truly has. Can things get better? Of course, things can always get better, but let’s not look past what’s already happened, and let’s most definitely no go backwards with fiscal policy that dragged us to near collapse in the first place.
Everyone, in all legitimacy, should be saying, #ThanksObama."

Fox Host Denies The Fact That Obama Inherited The Worst Economy Since The Great Depression

www.mediamatters.org/blog/2014/01/27/fox-host-denies-the-fact-that-obama-inherited-t/197761
"But the fact is that the recession underway when Obama took office was the worst economic crisis since the Great Depression.
The economy inherited by Obama was shrinking at historic rates -- In the last three months of 2008, the economy contracted by 8.9 percent, according to the Bureau of Economic Analysis, the fastest rate of decline in 50 years."

12 Ways JP Morgan Admitted It Ripped Off Americans to the Tune of Billions | Alternet

12 Ways JP Morgan Admitted It Ripped Off Americans to the Tune of Billions | Alternet
"Wall Street’s latest chapter in corporate accountability is hardly satisfying, even if it is a rare admission of wrongdoing from a major bank. On Tuesday, the Justice Department announced a $13 billion settlement with J.P. Morgan for its rapacious role in the housing market bubble and collapse."

Dr. Richard Wolff on the Bankster's Great Recession

Little Love for Wall Street Five Years Post-Crash | Common Dreams

Little Love for Wall Street Five Years Post-Crash | Common Dreams
"Five years since the financial crisis began, Americans' animosity toward Wall Street rages on."

Five Years Since The Economic Collapse

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How Corporate America Used the Great Recession to Turn Good Jobs Into Bad Ones | Common Dreams

How Corporate America Used the Great Recession to Turn Good Jobs Into Bad Ones | Common Dreams
"Watch closely: I’m about to demystify the sleight-of-hand by which good jobs were transformed into bad jobs, full-time workers with benefits into freelancers with nothing, during the dark days of the Great Recession."

How Elite Economic Hucksters Drive America’s Biggest Fraud Epidemics | Alternet

How Elite Economic Hucksters Drive America’s Biggest Fraud Epidemics | Alternet
"The work of Alan Greenspan and other unethical economists has cost us trillions of dollars, millions of jobs and endless suffering."

The GOP: They’re Sneaky, Greedy and They Represent a Handful of People

www.politicususa.com/gop-sneaky-greedy-represent-handful-people.html
"So, while the top tier money-changers are on a financial high, the Bush recession has cost the middle-class Gen Xers almost half of their wealth between 2007-2010. Their current age range is 36-47."

Republican Obstructionism Is The Real Scandal That’s Plaguing Washington

www.politicususa.com/republican-obstructionism-real-scandal-plaguing-washington.html
"There is no doubt Republicans hate this President, but their deliberate obstruction of government informs that their animus extends far beyond the African American in the White House. The Republican ineptitude and obstruction is approaching anti-American criminality, and their obstruction of the President’s nominees, efforts to repeal the Affordable Care Act, and time spent on phony scandals informs they hate this country, the people, and the Constitutional mandate for governance they swore to uphold as part of the jobs whether they are in the minority or not. The real scandal the American people have been, and will continue, suffering over the past four and a half years and well into the foreseeable future is that Republicans lack any coherent agenda that does not include tax cuts for the rich and deregulating their corporate sponsors. Coupled with their animus toward President Obama and grasping at fabricated scandals, they have proven beyond a shadow of a doubt that they truly hate America every bit as much as they hate this President and if their ineptitude is not criminal, then it is certainly treasonous."

PERRspectives: Republicans May Abort Debt Ceiling Hike, U.S. Economic Recovery

PERRspectives: Republicans May Abort Debt Ceiling Hike, U.S. Economic Recovery
"You read that right. Just days after the nonpartisan Congressional Budget Office slashed its 2013 deficit forecast by $200 billion and projected the deficit as a percentage of GDP would fall to 2.1 percent by 2015 (below the Simpson-Bowles target of 2.5 percent), Republicans are adding new items to their ransom note."

Warnings For U.S. As Eurozone Austerity Produces Longest-Ever Recession

Warnings For U.S. As Eurozone Austerity Produces Longest-Ever Recession: Two weeks after announcing a record high unemployment rate, Europe’s official economic analysts today revealed another first for the currency union: The Eurozone’s ongoing recession is now the longest in the 14-year history of the euro. The Guardian notes the European economy has now shrunk a full percentage point over the past year: The eurozone [...]/p

Half Of The Jobs Created During The Recovery Were Low-Paying

Half Of The Jobs Created During The Recovery Were Low-Paying: While the economy has seen decent job growth in recent months, the jobs being created may not pay very well. A new report has found that about half of the jobs created in the last three years have been low-paying, reports the Huffington Post’s Mark Gongloff: Nearly all of the 6.2 million jobs created since [...]/p

Is Cutthroat Capitalism Pushing a Growing Number of Baby Boomers to Suicide? | Alternet

Is Cutthroat Capitalism Pushing a Growing Number of Baby Boomers to Suicide? | Alternet
"In winner-take-all capitalism, if your job disappears during a massive sustained job crunch, you will have a hard time finding another one. In fact, the older you are, the more likely you are to enter the ranks of the long-term unemployed (out of work a year or longer)."

As Obama Nominates Key Regulator, Misinformation About Cause Of Housing Crisis Spreads

As Obama Nominates Key Regulator, Misinformation About Cause Of Housing Crisis Spreads: Today, President Obama announced that he will nominate Rep. Mel Watt (D-NC) to be the director of the Federal Housing Finance Agency (FHFA), the agency that regulates housing giants Fannie Mae and Freddie Mac. As a veteran of the House Financial Services committee, Watt is qualified to lead the agency. Among his accomplishments on the [...]/p

Bush Revisionists Count On Short American Memories

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50 Reasons You Despised George W. Bush's Presidency: A Reminder on the Day of His Presidential Library Dedication | Alternet

50 Reasons You Despised George W. Bush's Presidency: A Reminder on the Day of His Presidential Library Dedication | Alternet
"Amazingly, the Bush library seeks to ask visitors "What would you have done?" if you were in this president’s shoes. The ex-president’s defenders are betting that the public will reconsider their judgments after a hefty dose of historical amnesia. Bush has been absent from political debates in recent years, instead making millions in private speeches."

The Stock Market’s Rally Drove Income Inequality In The First Two Years Of The Recovery

The Stock Market’s Rally Drove Income Inequality In The First Two Years Of The Recovery: The Great Recession fueled an explosion in income inequality and the economic recovery has carried on the trend. The numbers themselves are staggering, but the causes are also important. A new report from the Pew Research Center finds that not only did the wealth gap between the bottom and the top of the income ladder [...]/p

Obama Proposal Gives Americans A Pathway Back to Work

Obama Proposal Gives Americans A Pathway Back to Work: President Obama’s 2014 budget may have agitated many on both ends of the political spectrum, but the inclusion of the Pathways Back to Work Fund deserves more praise and attention. As millions of Americans are at great risk of being left behind as the economy recovers from the Great Recession, this proposal creates opportunities for [...]/p