Elizabeth Warren: Obama sided with Wall Street over people losing their homes

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Elizabeth Warren: Obama sided with Wall Street over people losing their homes

Elizabeth Warren: Obama sided with Wall Street over people losing their homes

Like it or not, this is absolutely true. He knew what was happening and he knew they were his biggest donors. They made him President.


Raw Story-

In an interview with Salon’s Thomas Frank, Massachusetts Senator Elizabeth Warren lashed out President Barack Obama and his administration for repeatedly protecting Wall Street’s interests over those of the American people.

She began, however, on a somewhat conciliatory note, saying that “Democrats have not done all that they should, but at least we’re out there fighting for the right things,” whereas “Mitch McConnell has announced that if he gets the majority in the Senate, his first objective is to repeal healthcare and his second is to roll back the financial reforms, and in particular to target the Consumer Financial Protection Bureau — the one agency that’s out there for American families, the one that has returned more than four billion dollars to families who got cheated by big financial institutions.”

“When I think about the president, for me, it’s about both halves,” Warren continued. “If Barack Obama had not been president of the United States we would not have a Consumer Financial Protection Bureau. Period. I’m completely convinced of that.”

[…]

And yet, she added, “[a]t the same time, he picked his economic team and when the going got tough, his economic team picked Wall Street.”

[RAW STORY]

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