September 3, 2014

Wednesday Warren Warning - Hypocrisy

Elizabeth Warren, hypocritically playing to her base today, criticized the former House Majority Leader Eric Cantor for accepting a multi-million dollar investment bank job.  While she was at it, she threw Hillary Clinton under the bus.
"This is wrong," Warren said in regard to Cantor's new role as vice chairman and managing director at Moelis & Co. "People work in Washington and, man, they hit that revolving door with a speed that would blind you." She went on to claim that banks hire politicians like Cantor "not because they bring great expertise and insight, but because they’re selling access back into their former colleagues who are still writing policy."

Asked whether Hillary Clinton is also too cozy with Wall Street, Warren didn't exactly give the 2016 Democratic presidential front-runner a pass. "I worry a lot about the relationship between all of our regulators, government, Wall Street," she said. "I worry across the board."
Let's get one thing straight, it's not wrong. It's the free market. In a backhanded way she intimates that Cantor has no value to add aside from his political connections. But aside from the tackiness of speaking ill of someone departing, how about the hypocrisy involved?

Elizabeth Warren has accepted jobs based on a phony heritage. Elizabeth Warren is worth millions (but only about a dozen or so). And make no mistake, she played it softer with Hillary Clinton, but there was still a jab. Warren is going to run for president or perhaps hopes to be a VP on a Clinton ticket.

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