I suppose I could start with the fraudulent Cherokee story, but I believe someone has beaten me to that one. Calling her “Pocahontas” does Great Disservice to the real Pocahontas, an exemplary historical figure of untouchable moral fortitude.
No, this is the story of an Opportunistic Politician. A very smart one.
The alleged Darling of the Left bolted from Senator Bernie Sanders when the old socialist needed her support the most. Sanders is finished as the media whores have beaten him like a gong for daring to challenge the Presumptive Nominee. Warren ran straight into the arms of Hillary Clinton, who Warren was viciously attacking for years. Here is the Bane of Wall Street, now cozying up to the recipient of enormous campaign cash from Wall Street’s biggest financial institutions.
They really do think we are fucking morons. They just might be correct. The Obama Administration, and by extension the DNC, has been waging war against this country’s brightest and most innovative companies in the courts.
“Today in America, competition is dying,” says Scary Liz. If she is talking about Apple, Amazon, Google and other leaders in the Tech Space, then she is a fucking moron, a political hack, or most likely both. These companies are at the forefront of technical innovation. And they are at each other’s throats. What is the definition of competition in Elizabeth Warren’s mind? And if these well-run, and in many ways, Socially Conscious (cough, cough) companies did not have enough competition among themselves, there is always Samsung and a host of other Korean and Chinese companies just licking their chops in the wings, waiting for the Asshole Americans to neuter their best and brightest so that they can fill the void.
Fuck Elizabeth Warren. Here is this morning’s DowJones blurb on the latest bullshit from this person:
MW Elizabeth Warren says competition is ‘dying’ as she voices fears over Amazon, Apple
Jun 30, 2016 14:11:00 (ET)
By Brent Kendall – 415-439-6400; [email protected]
Obama administration appointees have blocked several big mergers in recent years. But some observers, particularly on the left, believe the government still has not done enough to truly reinvigorate antitrust enforcement.
Sen. Elizabeth Warren (D., Mass.) gave a prominent voice to those views Wednesday, saying corporate concentration in many sectors of the economy was harming innovation, small businesses and the middle class.
“Today in America, competition is dying,” the senator said at an event hosted by the New America think tank.
Warren credited the Justice Department and the Federal Trade Commission, which share antitrust authority, with being more active than they were during the George W. Bush years. But she said the agencies need to do more to “hold the line” on anticompetitive mergers, especially given the large wave of mergers and acquisitions undertaken in recent years.
“Mergers are outrunning enforcement,” she said. The DOJ and FTC have adequate enforcement power at their disposal, but “too often they just don’t use that authority,” the senator said.
Since winning a Senate seat in 2012, Warren has emerged as a forceful leader of the liberal wing of the Democratic Party. Held in high regard by many supporters of Sen. Bernie Sanders of Vermont, her backing has been avidly sought by presumptive Democratic nominee Hillary Clinton, whom she’s joined on the campaign trail in recent days.
Fascinating comment from the mainstream media here. Sanders supporters are fuming over Warren abandoning Sanders.
On Wednesday, Warren said antitrust agencies have approved too many problematic mergers by companies that promise asset sales or other concessions to preserve competition. Too often, she said, such “fashionable” steps do not fully ensure competition and sometimes they don’t work at all, creating higher prices and reduced services for the public.
Warren took particular aim at the health insurance and drugstore markets, where big mergers are pending. She also cited the airline industry, which became more concentrated in 2013 after the Justice Department agreed to settle an antitrust lawsuit, allowing the merger of US Airways and American Airlines when the two agreed to shed some assets at congested airports.
Warren voiced potential concern about three major tech companies — Alphabet Inc.’s Google (GOOGL) , Apple Inc. (AAPL) and Amazon.com Inc. (AMZN) — because they control essential tech platforms that other, smaller companies depend upon for survival.
An expanded version of this story is available at WSJ.com (http://blogs.wsj.com/washwire/2016/06/29/elizabeth-warren-says-competition-dying-more-merger-scrutiny-needed/)
-Brent Kendall; 415-439-6400; [email protected]
And finally, here is a 22 minute video of The Politics of Fear via a Bill Moyers interview from 2004. Warren is the Voice of Doom. At the 19-minute mark, things get juicy.
She tells Bill a story about Hillary Clinton, whose views on the bill suddenly changed after she became a New York senator. “As Senator Clinton the pressures are very different… the industry that gave the most money to Washington over the past few years was not the oil industry, not pharmaceuticals, it was consumer credit products. [Clinton] had taken money from the groups, and more to the point, she worries about them as a constituency.”