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Why the right, the GOP and some Dems fear Elizabeth Warren and Occupy Wall Street

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Headlined to H2 6/2/12

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On the issues of fairness in finance, economics and consumerism, Elizabeth Warren and the Occupy Wall Street movement speak for the majority of Americans. This terrifies the right, frightens the Republicans, and worries a few Democrats who like that money from the 1 percent.

In my column this week, "Karl Rove's Grand Slam," I suggested liberals and Democrats can attack the abuses most recently seen in the JPMorgan trading losses and the Facebook IPO fiasco and attack the Supreme Court travesty in Citizens United, while also raising money from wealthy liberals and Democrats until Citizens United is overturned.

The right and the Republicans fear Occupy Wall Street and Elizabeth Warren because they know, and the numbers prove it, that a majority of voters agree with them about eliminating financial abuses that plague so many Americans. And yes, there are even some Democrats who do not speak for the majority of Democrats nationally (I do), who want the money so much they will even defend Mitt Romney on Bain Capital.

For those who want 30 percent rates on your credit cards and mortages that are unfair, feel free to oppose Elizabeth Warren and OWS. For those who want to pay your banks higher fees and get ripped off investing in IPOs, go ahead and support Scott Brown, the Tea Party and Nikki Haley, who is now in some hot water in South Carolina.

For those who like firing workers to make a fast buck, be my guest and stand with Mitt Romney. For those who want to demean and fire teachers, make my day; heap your praise on Scott Walker in Wisconsin.

You bet the right and the Republicans are terrified of Elizabeth Warren and afraid of the Occupy Wall Street movement. So are a few Democrats, which is their problem, not mine.

 

brentbbi@webtv.net

Budowsky was an aide to former Sen. Lloyd Bentsen and Bill Alexander, then chief deputy majority whip of the House. He holds an LL.M. degree in international financial law from the London School of Economics. He can be read on The Hill's Pundits (more...)
 
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(assuming that is an appropriate word) both Warren... by Doc McCoy on Sunday, Jun 3, 2012 at 9:50:07 PM
Your opinion may have some shred of validity if ap... by John Sanchez Jr. on Monday, Jun 4, 2012 at 6:47:33 AM
is one of the "darlings" of the far left - but tha... by Doc McCoy on Monday, Jun 4, 2012 at 8:44:24 AM
of whom you may speculate has solutions that are n... by John Sanchez Jr. on Monday, Jun 4, 2012 at 12:12:02 PM