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Post by Admin on Nov 6, 2019 18:50:54 GMT
The angry conservative reaction to Sen. Elizabeth Warren’s tax proposals is quite revealing. They expose a particular intellectual tendency, one that goes beyond merely opposing higher taxes into a more fundamental defense of the American model of political economy. It’s a sense that the basic contours of America’s system, despite yawning inequality and the undeniably outsized influence of the rich over politics, is fundamentally just — and that the attempts to reform it are illegitimate efforts to impose tyrannical forms of majority rule. One of the most interesting expressions of this view came from Michael Strain, the director of economic policy studies at the center-right American Enterprise Institute. Strain has a reputation as a thoughtful policy type; he recently wrote a Bloomberg column arguing that Warren’s proposal to tax fortunes above $50 million likely would not raise as much revenue as her campaign says it would. (Sen. Bernie Sanders has also proposed a wealth tax.) But his opposition to Warren’s wealth tax is actually much deeper: He argues that it wouldn’t just be ineffective for Warren to tax the wealth of the super-rich, but morally wrong. “Warren’s tax could cut roughly in half the fortunes of the very wealthy over its first 10 years. The aggressiveness of her plan should not be understated,” he wrote as part of a series of tweets on Tuesday. “All Americans deserve protection from the tyranny of the majority, including the very rich.”
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Post by Admin on Nov 17, 2019 18:41:52 GMT
The private equity industry, under attack from Sen. Elizabeth Warren, is defending itself with the Popeyes chicken sandwich. The industry is touting the fast food craze as a success attributable to private equity-backed Popeyes as it tries to ward off a bipartisan Capitol Hill assault led by Warren, including legislation that would increase the firms’ liability for the companies they take over. The industry is also facing two congressional probes and a House hearing this week as lawmakers raise concerns about its impact on workers and consumers. Private equity’s lobbying arm is trying to make the case that the iconic Wall Street industry — once dubbed "Barbarians at the Gate" from a bestselling book for its no-holds-barred corporate raids — is good for America and that it is everywhere, including in fast food. The industry is running ads and op-eds touting private equity-backed jobs in Iowa and Ohio and pouring tens of thousands of dollars in contributions into the election campaigns of Warren's rivals in the Democratic primary. The success of the Popeyes chicken sandwich "was all possible because of private equity," Drew Maloney, CEO of the industry trade group the American Investment Council, wrote in a Fox Business op-ed this month praising Popeyes and its lead investor, 3G Capital.
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Post by Admin on Nov 27, 2019 2:59:24 GMT
Sen. Elizabeth Warren's support among Democratic primary voters nationwide plunged 50 percent over the past month, according to a new Quinnipiac University poll, signaling that the shake-ups in the primary field are far from over. Former Vice President Joe Biden has retaken the lead in the poll after an autumn that saw him surrender his solid frontrunner status, climbing 3 points to earn 24 percent in the poll. Mayor Pete Buttigieg of South Bend, Ind., surged into second, rising 6 points to 16 percent, with Warren and Sen. Bernie Sanders not far behind at 14 and 13 percent, respectively. But Warren's plummet — 14 points since the previous Quinnipiac poll taken a month ago — represents a brutal dive as the first nominating contests of 2020 inch closer. Warren has come under fire over the past few months since a summertime ascendance lifted her into the top tier of the primary field. She has received particularly intense scrutiny for her “Medicare for All” plan, including how she would pay for it. Former New York Mayor Michael Bloomberg, who officially jumped into the race only on Sunday, registered 3 percent support in the poll, as did Sens. Amy Klobuchar and Kamala Harris. No other candidate received more than 2 percent support in the poll, meaning that it has no impact on candidates’ progress toward making the debate stage next month in Los Angeles. While it’s still too soon to tell whether Buttigieg’s recent rise in Iowa and New Hampshire are indicators of a wider trend — he remains at fourth place in RealClearPolitics’ average of national polls — Tuesday’s survey is a solid step in the right direction for the mayor and yet another warning sign for Warren.
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Post by Admin on Dec 27, 2019 1:29:05 GMT
Sen. Elizabeth Warren (D-Mass.), a top Democratic presidential candidate, criticized the Trump administration and U.S. Customs and Border Protection (CBP) in a Christmas day tweet over the “cruel treatment” of migrants.
Warren referenced in her tweet the death of Felipe Gómez Alonzo, an 8-year-old migrant who died on Christmas Eve last year.
“This Christmas, I'm heartsick for all of the families who won't be celebrating together today because of the Trump administration's cruel treatment of immigrants and asylum-seekers,” Warren tweeted.
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Post by Admin on Jan 7, 2020 18:43:31 GMT
On Monday morning, during The View’s first new show of 2020, Meghan McCain defended President Donald Trump’s targeted killing of top Iranian military commander Qassem Soleimani. “For me, when a big, bad terrorist gets blown up, I’m happy about it,” she said.
When Sen. Elizabeth Warren (D-MA) appeared on the show Tuesday, she was quick to shut that position down.
The drama started when McCain began to praise the 2020 presidential candidate, saying, “I believe you respect the American military and respect our troops. You have traveled overseas many times. I just want to say that first and foremost.” Warren must have known there was a “but” coming.
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