Last night Jon Stewart interviewed Elizabeth Warren, the chair of the Congressional Oversight Panel for the Trouble Assets Relief Program (TARP). It was probably the best Daily Show interview I have ever seen. She was absolutely hilarious and scathing in her criticisms. If you’re in front of a TV, you can watch it right now on Comedy Central. Otherwise check it out below:
Elizabeth Warren Part 2
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Is there a copy of the interview somewhere!? I’ve tried on several websites to
watch this interview, but nothing works! Maybe I could just READ the interview!!
Thanks~
http://www.thedailyshow.com/full-episodes/index.jhtml?episodeId=224255
here is the entire show..
[...] Elizabeth Warren, TARP czar [chair of the [Congressional Oversight Panel for the Trouble Assets Relief Program; note t... [...]
[...] Elizabeth Warren, TARP czar [chair of the [Congressional Oversight Panel for the Trouble Assets Relief Program; note t... [...]
[...] Elizabeth Warren, TARP czar [chair of the [Congressional Oversight Panel for the Trouble Assets Relief Program; note t... [...]
[...] Elizabeth Warren, TARP czar [chair of the Congressional Oversight Panel for the Trouble Assets Relief Program; note that Herb [...]
[...] (additional source) [...]
[...] is subject to Senate confirmation] 38. Paul Volcker, economic czar number two 39. Elizabeth Warren, TARP czar [chair of the Congressional Oversight Panel for the Trouble Assets Relief Program; note that Herb [...]
[...] Elizabeth Warren, TARP czar [chair of the [Congressional Oversight Panel for the Trouble Assets Relief Program; note t... [...]
[...] (additional source) [...]
[...] TARP czar, Elizabeth Warren [chair of the [Congressional Oversight Panel for the Trouble Assets Relief Program; note that Herb [...]
[...] czar, Elizabeth Warren [chair of the [Congressional Oversight Panel for the Trouble Assets Relief Program; note that Herb [...]
[...] Elizabeth Warren, TARP czar [chair of the [Congressional Oversight Panel for the Trouble Assets Relief Program; note t... [...]
[...] Elizabeth Warren, TARP czar [chair of the [Congressional Oversight Panel for the Trouble Assets Relief Program; note t... [...]
[...] Elizabeth Warren, TARP czar [chair of the [Congressional Oversight Panel for the Trouble Assets Relief Program; note t... [...]
[...] Elizabeth Warren, TARP czar [chair of the [Congressional Oversight Panel for the Trouble Assets Relief Program; note t... [...]
[...] czar, Elizabeth Warren [chair of the [Congressional Oversight Panel for the Trouble Assets Relief Program; note that Herb [...]
[...] czar, Elizabeth Warren [chair of the [Congressional Oversight Panel for the Trouble Assets Relief Program; note that Herb [...]
[...] czar, Elizabeth Warren [chair of the [Congressional Oversight Panel for the Trouble Assets Relief Program; note that Herb [...]
EMPIRE DESTRUCTION
rape of middle class
1980 to 2007
20 YEARS OF 3 CONSERVATIVE PRESIDENTS
18 years Conservative Senate
12 years Conservative House
6 years Total Conservative Control
Redistribution of Wealth to top 20%.
Folk! It is downhill slide for Middle Class.
FACTS—numbers rounded-
1946–1% owned 30% of Total Wealth
1980—20%–a 33% decline due to Estate Tax and High Top Income Tax Rate.
thence cometh conservatism
1989-36%
80% Increase in 8 years of Reaganism
1993-47%
2007–20% owned 93% of Total non home Financial Wealth
80% owned equity in homes.
Most major corporations are owned by WALL STREET RICH MEN CASINO
In 1945, corporations paid 35.4% of federal revenues and 7.4% in 2003
In 2000, 45% of corporations with revenue over 50 million paid no federal tax
Five Wall Street Banks own 75% of all Bank Deposits in America. 5.
Two own 20%.
Think that is not POWER???
FACT CHECK
In 8 years of Bush with 6 years of Total Control
They (wall street rich) created a Net New Jobs of 3000 per month.
Why? That is NET. You take the new jobs created and subtract the ones sent to China, etc
3000! Wow!
Bush took over after Clinton had created 237,000 Net New Jobs per month.
Clinton left Bush a spending of 1830 B Per Year.
Bush doubled it to 3600 B.
Bush inherited a 5700B Debt from Clinton. He took it to 11,500B
20 years of 3 conservative presidents did this horrible thing.
Took the Debt of less than 1000B after 200 years and added on 8000B.
In 2009 they are spinning big time to blame Obama for huge debt.
Conservatives will spend millions to coverup their Big Recession.
Much of that 8000B Debt add-on went to WALL STREET GAMBLERS.
The people do not know what has happened to them.
Forbes list of 400 Richest reveals how many became Billionaires via corporate
takeovers and Hedge Gambling
Right Wingers yell Rich Pay most of taxes.
Income Taxes!Yes! They have most of the money.
Yet! Conservatives transferred much of taxation from Rich to Middle Class. Reagan voiding REVENUE SHARING a disaster for Middle Class where taxes were transferred from Rich Income taxes to Middle Class in State and Local Taxes. Was it by design?
Was it a Designed Act of taxation transfer by Conservatives.
In 2008 the Middle Class paid 30% of nominal Income in Federal-State-Local Taxes.
Top 10% paid 30% also. Progressive tax system?
Social Security Tax Increase in 1983 was it designed to hit the Middle Class and ease on the rich?
Greenspan + Reagan. 6.2% Tax on Middle Class. One earns $50,000 pays 6.2%. Earns $1,000,00 pays 6.4%. Earns $10,000,000 pays 1/10th of 1%. By design to keep rich rich?
Was Destruction of S&Ls a deliberate act of wealth transfer from 400 local investors to individual Rich on Wall Street?
Key actor Michael Milken became a Multiple Billionaire with income of 550 Million in one year from raiding S&L deposits (plus) for his Rich Corporate Raiders on Wall Street.
Raiders like Perelman and Ichan became multiple Billionaires.
Sweat of Brow? Ho Ho.
Bush I had to borrow 140 Billion on 40 year bonds to pay for the raids on S&L’s by Wall Streeters.
140B creates many Billionaires and Millionaires. Depositors money was used by those Corporate Raiders and bankrupted the S&L then the government pay off to depositors by Federal Deposit Insurance created Debt for Middle Class.
RAPE OF MIDDLE CLASS 1980-2007
Same ideology gave us Great Depression now Great Recession.
It is not a Depression due to:
Democratic Social Safety Nets such as
Social Security and Medicare
Only the uninformed vote to send conservatives to Washington.
Some type of Revolt will take place in next decade.
Democrats will continue to allow Conservatives with their huge right wing talk shows spreading lies to blame them.
Democrats need a national Megaphone informing all the people as to what has been done and how they have been RAPED by a few million RICH on Wall Street who have taken their Wealth.
I ask one thing.
PROVE ME WRONG. With numbers and facts not usual vile name calling
cswinney2@triad.rr.com
author-Lifeaholic-Workaholic to Lifeaholic success
author-unpublished
All American Party-How Democrats created a great successful Middle Class and how Conservatives are determined to destroy it
$14,000B Surplus Imagine the attitude today in America
$14,000 Billion Surplus missed
NOTE—Numbers are rounded and are not exact. Simplistic. Purpose here is for an Overview.
Will be exact in my forthcoming book.
No Reagan or Bush Tax Cuts for the very Rich.
Today we would have a $14,000B SURPLUS
NO DEBT.
$14,000 Billion SURPLUS
24 X $750B=$18,000B Revenue missed (1985-2009)
5 X $1700B=$8,500B Revenue missed (2004-2009)
Total $26,500 Billion of Revenue missed
Debt is close to $12,000B
$26,500B of Revenue and we would have no Debt but a $14,000B Surplus
Now you know what occurred?
HERE IS THE BEEF
In 1980 the top 1% owned 20% of Total Financial Wealth
In 1989 it was 36%.
An 80% Increase via good old Ronnie enrich the rich policies and shaft middle class.
Even his David Stockman said his Tax Cut was Trojan Horse to enrich the rich.
Bush took over and now 20% own 93% of Total Financial non-home Wealth.
Top 2.7% got four times as much of Bush Tax Cuts as bottom 80%.
Those are, primarily, Wall Streeter who own our major corporations.
During Bush 8 sent 2,300,000 jobs to CHINA.
While getting huge bonuses on profits from Gambling..
While closing hundreds of plants in America.
While eliminating millions of jobs.
While buying our government.
The new–Wall Street of America–formerly USA
All Aboard! Next Boat to China in 2010 carries all jobs from Hanesbrands
Winston-Salem NC jobless thank you Wall Street.
p.s. Actually the Surplus would be much more.
The ultra rich got most of Income Increase since 1980.
A Tax Increase would have gotten us more of it
clarence swinney burlington nc