Elizabeth Warren is a ‘secret weapon’ for the American People, Elections, Business, Reform and flat out Righteousness.
There is a lot known about Ms. Warren by those that know politics, business and leadership.
However she is actually not as well known by the American Voting public as it should be.
For example, she is a Professor at Harvard. She taught at University of Houston Law Center, Rutgers School of Law–Newark, University of Houston Law Center, University of Michigan, and University of Texas School of Law. As well as a number of research positions in law.
In addition to writing more than 100 scholarly articles and six academic books, Warren has written several best-selling books, including All Your Worth: The Ultimate Lifetime Money Plan, coauthored with her daughter, Amelia Tyagi.
Warren and Tyagi also wrote The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke. Warren and Tyagi point out that a fully employed worker today earns less inflation-adjusted income than a fully employed worker did 30 years ago. To increase their income, families have sent a second parent into the workforce. Although families spend less today on clothing, appliances, and other consumption, the costs of core expenses such as mortgages, health care, transportation, child care have increased dramatically. The result is that even with two-income earners, families are no longer able to save and have incurred greater and greater debt.
The upshot is that two-income families often have even less income left over today than did an equivalent single-income family 30 years ago, even when they make almost twice as much. And they go deeper in debt. The authors find that it is not the free-spending young or the incapacitated elderly who are declaring bankruptcy so much as families with children… their main thesis is undeniable. Typical families often cannot afford the high-quality education, health care and neighborhoods required to be middle class today. More clearly than anyone else, I think, Ms. Warren and Ms. Tyagi have shown how little attention the nation and our government have paid to the way Americans really live.
In an article in Time magazine by Maryanna Murray Buechner, “Parent Trap” (subtitled “Want to go bust? Have a kid. Educate same. Why the middle class never had it so bad”), Buechner said of Warren’s book:
For families looking for ways to cope, Warren and Tyagi mainly offer palliatives: Buy a cheaper house. Squirrel away a six-month cash cushion. Yeah, right. But they also know that there are no easy solutions. Readers who are already committed to a house and parenthood will find little to mitigate the deflating sense that they have nowhere to go but down.
In 2005, David Himmelstein and Warren published a study on bankruptcy and medical bills, which said that half of all families filing for bankruptcy did so in the aftermath of a serious medical problem. The finding was particularly noteworthy because 75 percent of families who fit that description had medical insurance. This study was widely cited in academic studies and policy debates, though some have challenged the study’s methods and offered alternative interpretations of the data.
She has been a favorite of the Political Action Group: MoveOn.org.
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She has worked heavily with the Consumer Financial Protection Bureau.
Again from Wikipedia:
Warren has long advocated for the creation of a new Consumer Financial Protection Bureau, a watchdog agency designed to “make basic financial practices such as taking out a mortgage or loan more clear and transparent while ferreting out unfair lending practices,” according toCNN. In an interview with the Huffington Post, Warren said “My first choice is a strong consumer agency. My second choice is no agency at all and plenty of blood and teeth left on the floor”. Through Warren’s efforts, the bureau was established by the Dodd–Frank Wall Street Reform and Consumer Protection Act signed into law by Obama in July 2010. For the first year after the bill’s signing, Warren worked on implementation of the bureau as a Special Assistant to the President in anticipation of the agency’s formal opening. While liberal groups andconsumer advocacy groups pushed for Obama to nominate Warren as the agency’s permanent director, Warren was strongly opposed by financial institutions which had criticized Warren as overly aggressive in pursuing regulations, and by the Republican members of Congress. Furthermore, she did not have the strong support of the Obama administration, particularly Treasury Secretary Tim Geithner. In July 2011, Obama instead announced the nomination of former Ohio Attorney General Richard Cordray as the bureau’s director, subject to Congressional approval. However, in December his nomination was blocked by a Republican-led filibuster in the Senate. Until a director is confirmed, the agency will not gain the full measure of its powers. It can supervise the compliance of banks with existing laws, but the Dodd-Frank financial legislation dictates that it cannot supervise other financial companies or write new rules. On 4 January 2012, President Obama named Ohio Attorney General Richard Cordray the Bureau’s Director in a recess appointment.
Working hard on the issues:
On the issue of ‘legalized insider trading’ by our Senators. An issue which I just learned about 4 months ago that a number of well off people, that have connections in D.C. have known about for years. They even explained how those ‘on committee’ have actually manipulated the prices of the stock of companies with pending issues, for their own gain.
Check more about Elizabeth Warren, I am sure you’ll find relief from the ‘standard politics’ we have to deal with day by day and year after year.