Elizabeth Warren has sold her soul to endorse Hillary Clinton in the 2016 election but she wasn’t always such a big fan. Back in 2004, in an interview with Bill Moyers, Warren painted Hillary as a hypocritical creature of Wall Street and a corporate puppet.
Zero Hedge reports:
Advertisement - story continues below
2004 Flashback: Elizabeth Warren Describes Hillary Clinton As A Puppet For Wall Street
In an interview that is said to date back to 2004, Warren begins by explaining that she and then First Lady Hillary Clinton sat down and discussed the negative impacts a pending bankruptcy bill would have on women who were raising families. As a result of their meeting Warren said, Hillary went to work in the White House in order to stop the legislation, and ultimately influenced her husband to veto the bill when it came across his desk.
“She says, ‘tell me about bankruptcy’ – I go over the law, went over the economics, showed her the graphs, showed her the charts, and she got it.”
“At the end of the conversation, Mrs. Clinton stood up, and she said professor Warren we’ve got to stop that awful bill.”
“She went back to Washington and I heard later from someone who was a White House staffer that there were skid marks in the hallways when Mrs. Clinton got back as people reversed direction on that bankruptcy bill. When Mrs. Clinton came back with a little better understanding of how it all worked, they reversed course and they reversed course fast. And the proof is in the pudding. The last bill that came before President Clinton was that bankruptcy bill that was passed by the House and the Senate in 2000 and he vetoed it. In her autobiography Mrs. Clinton took credit for that veto and she rightly should.”
However, as Senator Clinton, now entirely beholden to banks after generous contributions made to finance her campaign, her vote was different. Funny how that all works isn’t it?
“One of the first bills that came up after she was ‘Senator Clinton’ was the bankruptcy bill – she voted in favor of it.”
When asked why, Warren points out that as Senator the stakes are different, and Clinton didn’t want to bit the hand that fed her, rather, funded campaign coffers (and of course would later pay Clinton millions to give speeches – it’s always important to have an eye toward the future).
“As Senator Clinton, the pressures are very different. It’s a well financed industry. A lot of people don’t realize that the industry that gave the most money to Washington over the past few years was not the oil industry, was not pharmaceuticals, it was consumer credit products. Those are the people, the credit card companies that have been giving money, and they have influence. She has taken money from the groups, and more to the point, she worries about them as a constituency.
Watch the video:
What a difference an election makes.