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Letters to the Editor

Warren wisdom

October 4, 2011

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To the editor:

I did not see this quote of Elizabeth Warren’s in the Journal-World. I may have missed it, and if so, it’s worth printing and reading again. It follows:

“There is nobody in this country who got rich on his own. Nobody. You built a factory out there — good for you!

“But I want to be clear. 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 set up the Consumer Financial Protection Agency for Obama and should have been appointed to run it. Wall Street knows she wouldn’t play footsie with them and lobbied heavily against her nomination. The GOP promised to vigorously fight her nomination. She is now a candidate for Ted Kennedy’s former Massachusetts Senate seat.

Go Elizabeth!

Comments

lunacydetector 2 years, 6 months ago

so....elizabeth warren sounds a lot like many of our local no growthers....this is why businesses do not come to lawrence anymore. a proven loser philosophy.

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Flap Doodle 2 years, 6 months ago

I'm starting to think that the little darlings camping on Wall Street have watched Fight Club while stoned too many times.

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Dispersant 2 years, 6 months ago

If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing. ~Malcolm X

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Dispersant 2 years, 6 months ago

If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing. ~Malcolm X

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yourworstnightmare 2 years, 6 months ago

Jesus, keep a few in the chamber, right wingers.

What are you going to have left when a real communist comes around?

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FalseHopeNoChange 2 years, 6 months ago

Here's some wisdom. Think of what a wonderful place it would be if the 47 percenters that are not in the tax paying loop, paid for Warren's roads that businesses use to get rich. As Roseanne Barr said, Off with their heads. The rich that is that use roads the 47 percenters do no pay for.

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Flap Doodle 2 years, 6 months ago

Is everybody enjoying the propect of getting charged Durbin fees for using your debit card?

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Richard Heckler 2 years, 6 months ago

About the Book "Selling Out"

Selling Out: How Big Corporate Money Buys Elections, Rams through Legislation, and Betrays Our Democracy (ISBN 0-06-052392-1) (2002)

With CEOs and corporations currently under fire for years of outrageous deception and fraud, the time is long overdue for an accounting of just how grievously special-interest money has infiltrated our political process. Now, longtime political watchdog (and recent political candidate) Mark Green offers just that.

In "Selling Out, Green exposes the truth about the poisonous role money has come to play in our political culture -- a role that has too long been conveniently overlooked. The practice of trading campaign donations for political favors, he reminds us, is as old as the nation itself.

And yet in recent years the American political landscape has become an open market, where influence is bought and sold wholesale, with little accountability and no apparent shame. How did Enron and so many other corporations buy political protection? Why do legislators pay more attention to contributors than to constituents?

"Our textbook system of checks and balances," answers Green, "has devolved into a system of checks, checks, and more checks-and few politicians bite the hand that funds them." Government today, he argues, is a system that produces loopholes and subsidies for the 1 percent of Americans who can afford to be big donors -- and produces exorbitant health-care costs, uncontrolled pollution, and underfunded schools for the rest of us,

As a candidate who himself raised $16 million in his campaign for mayor of New York City, Green has seen the political process as both critic and participant. Drawing on interviews with dozens of other major players and his own lifelong crusade for better government, he highlights an array of eye-opening case studies linking money and results -from how senators favor big-industry polluters over their own constituents to how the wealthiest have won big tax breaks even as CEOs' salaries have increased ten times faster than their employees'.

And the solutions Green offers are both bold and practical, and in some cases are already working, at the local, state, and national levels, to return power to the American people.

Fast-paced and impressively researched, provocative in its commentary and conclusions, "Selling Out is sure to inflame anyone who's stunned by the latest scandals-or who's curious about how so many have gotten away with so much for so long.

http://books.google.com/books?id=AW_1T9zBboEC&pg=PA344&lpg=PA344&dq=Selling+Out+by+Mark+Green&source=bl&ots=-jFwI0d-Db&sig=eK1SrUq3mtIMONVtC6t5DtlBg14&hl=en&ei=aUqLTqTHEYWFtgeJxcSiAw&sa=X&oi=book_result&ct=result&resnum=5&ved=0CEsQ6AEwBA#v=onepage&q=Selling%20Out%20by%20Mark%20Green&f=false

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Richard Heckler 2 years, 6 months ago

A president is not the dictator the people are! It is up to the voters to make the substantial demand for change by the will of the vote. A majority of elected officials are afraid of public campaign financing for they know remarkable change would take place.

Selling Out: How Big Corporate Money Buys Elections, Rams through Legislation, and Betrays Our Democracy (ISBN 0-06-052392-1) (2002)

Our government is always claiming the USA is about democracy. In that case allow the citizens to practice democracy by allowing citizens to vote on these issues in 2012:

Let's demand a new system and vote in Fair Vote America : http://www.fairvote.org/irv/ Demand a change on the next ballot.

Let's have public financing of campaigns. Citizens cannot afford special interest money campaigns for it is the citizens that get left out. Let citizens vote on this issue. http://www.publicampaign.org/

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Richard Heckler 2 years, 6 months ago

Corp America does not live without tax dollar incentives from a variety of sources. Can we say tax dollar moochers and corrupt elected officials?

USA special Tax codes make it profitable to outsource USA jobs. Can we say screwing America by the ultimate flag wavers?

For example: http://www.democracynow.org/2008/1/18/free_lunch_how_the_wealthiest_americans

http://www.uua.org/events/generalassembly/2008/commonthreads/115777.shtml

The trouble with elected officials = go to the CEO"s of any industry and developers for advice!!!! too often!!!! Then the elected officials walk away still uninformed.

One answer to problems such as this: CUT OFF special interest financing of elections! YES even at the local level.

Our government is always claiming the USA is about democracy. In that case allow the citizens to practice democracy by allowing citizens to vote on these issues in 2012:

Let's demand a new system and vote in Fair Vote America : http://www.fairvote.org/irv/ Demand a change on the next ballot.

Let's have public financing of campaigns. Citizens cannot afford special interest money campaigns for it is the citizens that get left out. Let citizens vote on this issue. http://www.publicampaign.org/

Bribery of elected officials is the most stinky of all bribery!

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Agnostick 2 years, 6 months ago

So, in this thread, merrill copy/pastes something twice... and AnarchocapitalistOne copy/pastes something three times.

Game continues over in the next thread...

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imastinker 2 years, 6 months ago

And then everyone wonders why jobs go overseas!! You see - it's much less expensive to pay for roads yourself or security to protect against marauding bands than it is to pay the oppressive taxes and regulations in this country!

If this is the social contract that comes with doing business here it's no wonder so many businesses are leaving!

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madameX 2 years, 6 months ago

Really, people? Someone says something expressing the reality that a well-run society makes increases the likelihood of success for those who make an effort to be successful, and the opinion that said successful people have some kind of obligation to make a contribution to the continuation of said society and you give the most knee-jerk, stereotypical "Grrr... liberal..... grr, progressive... grr... something else that's bad... I know! Commie! GRRRRR!" reaction. Come on, if you want to rebut a quote, then rebut the quote, but name-calling is not a rebuttal.

The point of the quote is that success does not occur in a vacuum, and that when hundreds or thousands contributed to the success of an individual business it's unreasonable for the owner of said business to suddenly pretend that it was him, standing all alone, who achieved what he achieved, and therefore it should be him and him alone who gets to enjoy the rewards.

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just_another_bozo_on_this_bus 2 years, 6 months ago

Wow, Warren's quote certainly stirs up the Cult of Hero Worshippers.

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jaywalker 2 years, 6 months ago

through oughta be threw; not enough coffee yet.

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jaywalker 2 years, 6 months ago

Sorry, Ms. Matchett, but the buck-5 the rest of us through into the kitty doesn't afford us special privileges to someone's business that they risked life savings and sweat equity into. If you want "pay it forward" money from someone else's hard work = INVEST.

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cato_the_elder 2 years, 6 months ago

"I believe she dislikes criminally insane politicians."

Then it must be pretty difficult for her to look at herself in the mirror.

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Richard Heckler 2 years, 6 months ago

The repub party is dead!

Reaganomics aka Wreckanomics was the end of the republican party. Shining examples of no more republican party for which Reagan/Bush set the stage in the name of criminal led politics goes like this:

  1. Reagan/Bush Savings and Loan home loan Scandal
  2. Iran Contra = Secret weapons deal with Iran to funnel large numbers of weapons to the dictator led rebels in Nicaragua
  3. Initiating a military campaign in the oil rich nations that has yet to seen an end
  4. Bush/Cheney expanding the military campaign beyond belief
  5. Bush/CheneyWall Street Banks Home Loan Scandal
  6. Bush/Cheney $700 Billion bailout in which Citicorp,Bank of Ameica and AIG were the only institutions truly at risk NOT several institutions that were MISLEAD to believe.
  7. Bush/Cheney economics that killed 11 million jobs,retirement plans,medical insurance plans which in the end destroyed USA economics.

All of the above were accomplished by republican "business people" posing as republicans yet in real life are lying, dangerous and criminally insane RINO's. RINO leadership do not want republicans in office.

Support Elizabeth Warren for US Senator absolutely! I believe she dislikes criminally insane politicians.

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Richard Heckler 2 years, 6 months ago

Most new "private enterprise" business ventures come with tax incentives that in reality are billed back to taxpayers in some fashion. We might ask ourselves why is USD 497 handing out tax breaks?

Thanks Julie Matchett. Absolutely she was the author of the Consumer Financial Protection Agency. A quite smart woman indeed. She also was a voice of warning long before the Bush/Cheney Wall Street Bank home loan scandal wrecked the nations economy.

Elizabeth Warren saw the Bush/Cheney economic train wreck coming.

Elizabeth Warren needs a President with backbone who has history of protecting taxpayers and consumers. Yes a President who would stand by her side who might demand more teeth into this commission to prevent watering down.

That president would be a person of sound economic background,legal background,constitutional knowledge and political background. A person that would put American jobs first for that equals new substantial economical growth.

Elect Ralph Nader for President a person who is for the people and taxpayers of this nation!

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rtwngr 2 years, 6 months ago

Elizabeth Warren is a liberal, communist. Can anybody out there see how murdering the factory owner, stripping the wealthy of their money, turning it all over to the government, and "spreading the wealth around" worked for Russia? Have we learned nothing from history when every single socialist or communist regime has failed miserably.

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Larrytown 2 years, 6 months ago

Attached is a 2-minute youtube video of Elizabeth Warren. WARNING....for those with a weak stomach for common sense/rational thinking....do not watch.

Enjoy!

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Larrytown 2 years, 6 months ago

Excellent, excellent quotes from Elizabeth Warren. She definitely gets it. Unfortunately, her comments are all so true and certainly frowned upon by the rich (aka Republican donors). Thereby, no nomination. Just your typical political BS.

Some day, my hope is that the lower and middle class (the ones that vote straight-line Republican) wake up and vote with their wallet and the betterment of the society. We shall see.......

Thanks Ms. Matchett!

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cato_the_elder 2 years, 6 months ago

Elizabeth Warren's sophomoric rant is a disgrace. There has never been a clearer statement than hers as to why liberal Democrats should never be put in charge of running this country.

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mustrun80 2 years, 6 months ago

You and the other lawrence lefty socialists love this quote - and class warfare. Do you not notice how ridiculous it is when she keeps saying "the rest of us" paid for? Do those who take risks to start businesses and give others jobs not pay taxes along the way to pay for all of those things? Why YES they do. Oh, plus they've given people jobs to pay their mortgages.

But much easier, and emotionally gratifying, to vilify the proverbial factory owner isn't it?

It's like these people are actually college professors lecturing in class, only the scary thing is they have way too much power in government. I envy you really, to be an adult and be this naive must be pure bliss.

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i_tching 2 years, 6 months ago

I have contributed cash to her campaign, but you knew that already.

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