Mentally unstable democrat dope Elizabeth Warren Attacks the Wrong Man

[Leroy N. Soetoro]

http://www.nytimes.com/2016/12/12/business/dealbook/elizabeth-warren-
whitney-tilson.html?_r=0

Senator Elizabeth Warren, furious about President-elect Donald J. Trump’s
appointments of finance industry insiders, took to Facebook a little over
a week ago to fire off a message to her nearly 2.5 million followers.

She took aim at an individual she described as a “hedge fund billionaire”
who is “thrilled by Donald Trump’s economic team of Wall Street insiders.”

The hedge fund manager she condemned was Whitney Tilson, who runs Kase
Capital. Ms. Warren — the fiery Massachusetts Democrat who is known for
her stern mistrust of Wall Street — called him out by saying, “Tilson
knows that, despite all the stunts and rhetoric, Donald Trump isn’t going
to change the economic system.” Then she added, “The next four years are
going to be a bonanza for the Whitney Tilsons of the world.”

There’s one rather glaring problem with Ms. Warren’s attack: Mr. Tilson
happens to be one of the few financial executives who publicly fought Mr.
Trump’s election and supported Hillary Clinton. A lifelong Democrat who
was involved in helping to start Teach for America, Mr. Tilson also
happened to be one of the rare Wall Street executives who had donated to
Ms. Warren and actively sought new regulations for the industry. Recently,
he gave Mrs. Clinton $1,000 so he could see Ms. Warren speak at a campaign
fund-raiser. (He’s also far, far from a billionaire.)

“I’ve donated money to her, attended her events, and did everything in my
power to stop Donald Trump,” Mr. Tilson told me, talking about Ms. Warren
and expressing dismay that he somehow became the target of her derision.
“In addition, I agree with her 100 percent that large swaths of the
financial industry have run amok and prey on vulnerable Americans, and
thus strong regulation, including a muscular Consumer Financial Protection
Bureau, is sorely needed,” he said.

Ms. Warren appears to suffering from the same affliction that Mr. Trump’s
critics accuse of him: a knee-jerk, fact-free reaction to something she
had read in the news.

In this case, Ms. Warren seems to have come across a Bloomberg News
article that includes some quotations from Mr. Tilson. But she didn’t read
to the bottom or dismissed it before firing off her zingers.

In the article, Mr. Tilson had said, “ I think Donald Trump conned them,”
in reference to voters. “I worried that he was going to do crazy things
that would blow the system up. So the fact that he’s appointing people
from within the system is a good thing.” (He even said he took “glee” in
voters’ anger over that.)

The part Ms. Warren may have missed toward the bottom was this: “I’m a fan
of Dodd-Frank, I think banking should be boring,” he was quoted as saying,
where he was also identified as a Clinton supporter. “I worry about Wall
Street returning to being a casino.”

In fairness, depending on how you look at the situation, it is possible
some readers and supporters of Ms. Warren will give her kudos for
criticizing one of her own well-healed donors. “She can’t be bought,”
might be a generous way to consider the situation. But even a quick Google
search of Mr. Tilson’s involvement in the recent political discourse over
financial reform would reveal what he clearly meant by his quotation: that
he was nervous about Mr. Trump appointing reckless and uninformed people
to guide financial policy and that he was heartened that he had not.

As Ms. Warren has made clear, she abhors the idea of anyone who has worked
in the financial industry working in government on policy that could
affect the economy and Wall Street. This column has covered what I’ve
described as her misguided view.

That’s not to say any administration wouldn’t benefit from bringing in
some outsiders who could offer new and different perspectives, but that
can’t be a qualifying measure. The next time you need heart surgery, do
you want to go to a heart surgeon or a psychologist?

In fairness, Ms. Warren’s ambitious efforts to overhaul financial
regulation are not without merit: There are large parts of the Dodd-Frank
Act that have done a ton of good to protect the American public. She
played a hugely important role recently in grilling the chief executive of
Wells Fargo about his bank’s sham-accounts scandal, and her questioning
appears to have helped bring about his resignation. And at a time when one
party is in power — in this case, the Republicans — Ms. Warren’s position
is even more important to help hold our leaders accountable.

However, her ad hominem attack on Mr. Tilson only serves to undermine her
credibility and some of the good work she wants to achieve.

To make matters worse, Mr. Tilson’s wife, Susan Blackman Tilson, was one
of the students in the first Harvard Law School bankruptcy class that Ms.
Warren taught, in fall 1992. The student has remained loyal to her
professor; Mrs. Tilson wrote in a letter to Ms. Warren last week that she
had been “cheering from the sidelines as you rose to national attention
for your excellent work on behalf of consumers.”

Both of the Tilsons sent letters to Ms. Warren last week, which they
shared with me, seeking to set the record straight and asking her to
remove her Facebook post.

The response? An aide emailed them: “She asked me to relay to you that she
is removing the word ‘billionaire’ from the post, as you have indicated
that is factually inaccurate. The senator has decided, however, not to
remove the overall post.”

A spokesman for Ms. Warren declined to comment on the exchange.

When I spoke to Mr. Tilson on Monday, he said he felt that the senator had
let him down in two ways: “Personally, I feel betrayed,” he said. “In
recent years, I’ve really stuck my neck out by very publicly supporting
her, the C.F.P.B., and a tough regulatory approach to banks — none of
which wins me many friends — and this is how she repays me.”

Mr. Tilson added: “By engaging in factually incorrect, ad hominem attacks,
she’s getting down into the gutter with Trump. This is misguided and
counterproductive.”

Despite all of that, he said, “I still support her because I share her
belief that banking should be boring. Naturally enough, he added, her
Facebook post, coupled with her response, “certainly reduces my enthusiasm
for her.”


--
Donald J. Trump, 306 electoral votes to 232, defeated compulsive liar in
denial Hillary Rodham Clinton and put an end to Barack Obama on November
8, 2016. The clown car parade of the democrat party ran out of gas.

ObamaCare is a total 100% failure and no lie that can be put forth by its
supporters can dispute that.

Obama jobs, the result of ObamaCare. 12-15 working hours a week at minimum
wage, no benefits and the primary revenue stream for ObamaCare. It can't
be funded with money people don't have, yet liberals lie about how great
it is.

His Omnipotence Barack Hussein Obama, declared himself "Pooptator" of all
mentally ill homosexuals and crossdressers, while declaring where they
will defecate.

Obama increased total debt from $10 trillion to $20 trillion in the eight
years he has been in office, and sold out heterosexuals for Hollywood
queer liberal democrat donors.

Loretta Fuddy, killed after she "verified" Obama's phony birth
certificate.

[Ministry of Vengeance and Vendettas]

"Leroy N. Soetoro" <leroys...@usurper.org> wrote in
news:XnsA6DCC915F1...@202.81.252.44:

No one ever said the bitch was smart.

--
"...And what country can preserve its liberties, if its rulers are not
warned from time to time, that this people preserve the spirit of
resistance? Let them take arms. The remedy is to set them right as to
the facts, pardon and pacify them. What signify a few lives lost in a
century or two? The tree of liberty must be refreshed from time to time,
with the blood of patriots and tyrants. It is its natural manure."--
Thomas Jefferson, Nov. 13, 1787