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Democrat Elizabeth Warren, who has made fighting for workers a focus of her Senate campaign, was a hired legal gun for a steel conglomerate trying to dodge paying health and pension benefits to thousands of retired coal miners, records show.
Warren represented LTV Steel in 1995, when she was a Harvard Law professor, aiding the bankrupt companys bid to overturn a court ruling forcing it to pay its former employees and dependents $140 million in retirement benefits.
In Warrens petition to the Supreme Court against the coal miners and the Clinton administration, she argued that the steel giant should be exempt from the Coal Act, a law passed by Democrats in Congress that required companies shutting down their coal mining operations to keep paying benefits to former workers.
Warrens campaign said in a statement that her work for LTV was limited to protecting the bankruptcy system, adding the Cambridge Democrat was not trying to get the Coal Act overturned."
Warren's legal work for Travelers Insurance put her squarely on the side of the "one percent" she has attacked so vigorously throughout her campaign.
The Boston Globe reported that Warren was paid $212,000 over three years from 2008 to 2010 for "of counsel" legal work for Travelers in a case that the company won when it reached the Supreme Court in 2009. Travelers' attorneys persuaded the Court that their client did not have to pay a number of asbestos claims.
Does Elizabeth Warren Have a Law License Problem? | Conservative Byte
She did what lawyers do. If you read the entire article with an open mind - it doesn't sound too bad.
She did what lawyers do. If you read the entire article with an open mind - it doesn't sound too bad.
Not too bad unless you have asbestos in your lungs, or not too bad if you don't mind relinquishing your hard earned pension benefits! It just goes to show she does know a thing or two about how "the system is rigged against the little guy" which has been her campaign mantra. Other than that, it doesn't sound too bad at all...
elizabeth warren:fighter for the middle class?
"Warren walked on stage to a thunderous greeting and chants of "Warren! Warren!" -- underscoring the passion the Democratic base has for her Senate candidacy. She delivered the first half of her speech more like a lecture than a barnburner.
"People feel like the system is rigged against them," Warren said. "And here's the painful part: they're right. The system is rigged. Look around. Oil companies guzzle down billions in subsidies. Billionaires pay lower tax rates than their secretaries. Wall Street CEOs -- the same ones who wrecked our economy and destroyed millions of jobs -- still strut around Congress, no shame, demanding favors, and acting like we should thank them.
"Anyone here have a problem with that?"
“In the LTV steel case, there was never any question that coal miners and their surviving spouses would receive their full benefits under the Coal Act,” spokeswoman Alethea Harney. “This case involved bankruptcy principles and who would pay what into the fund.”
She did what lawyers do. If you read the entire article with an open mind - it doesn't sound too bad.
Not too bad unless you have asbestos in your lungs, or not too bad if you don't mind relinquishing your hard earned pension benefits! It just goes to show she does know a thing or two about how "the system is rigged against the little guy" which has been her campaign mantra. Other than that, it doesn't sound too bad at all...
What sounds worse is your reading comprehension.
And how about those asbestos claims in the other story, did they get paid by someone else too?
Even though so many Republicans are the Middle Class and the poor, they've been brainwashed into hating the Middle Class and the poor. It's why the Deputy Prime Minister call the GOP the "Party of Crazies and Cranks". It's not just here. The entire world thinks the GOP has gone completely loony.
elizabeth warren:fighter for the middle class?
"Consumer advocate Elizabeth Warren today praised the joint enforcement action against Discover Financial Services recently announced by the Consumer Financial Protection Bureau (CFPB) and the Federal Deposit Insurance Corporation (FDIC), which requires Discover to refund consumers $200 million and pay a $14 million penalty.
The CFPB has been hard at work reducing the fine print in credit card agreements and assisting with consumer complaints. Now it is taking enforcement action against some of the largest financial institutions to try to make sure that even the biggest banks follow the rules. These actions will help protect families from financial tricks and traps and create a level playing field."
Under the settlement announced this week by the CFPB and FDIC, Discover must refund consumers $200 million and pay a $14 million penalty for deceptive marketing practices. Earlier this year in July, the consumer agency announced its first enforcement action, requiring Capital One to refund consumers $140 million and pay a $25 million penalty."
Even though so many Republicans are the Middle Class and the poor, they've been brainwashed into hating the Middle Class and the poor. It's why the Deputy Prime Minister call the GOP the "Party of Crazies and Cranks". It's not just here. The entire world thinks the GOP has gone completely loony.
Even though so many Republicans are the Middle Class and the poor, they've been brainwashed into hating the Middle Class and the poor. It's why the Deputy Prime Minister call the GOP the "Party of Crazies and Cranks". It's not just here. The entire world thinks the GOP has gone completely loony.
who brainwashed you into hating Republicans Dean?.....for that matter anyone who doesnt agree with you?.....who did this dastardly thing to you Dean?
