Elizabeth Warren: "I am not wealthy"

Discussion in 'Politics' started by Valox, Jan 29, 2012.

  1. Valox
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    Valox Senior Member

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    “I realize there are some wealthy individuals – I’m not one of them, but some wealthy individuals who have a lot of stock portfolios" she told him.

    Hard to see how Warren wouldn't be, by most standards, wealthy, according to the Personal Financial Disclosure form she filed to run for Senate shows that she's worth as much as $14.5 million. She earned more than $429,000 from Harvard last year alone for a total of about $700,000, and lives in a house worth $5 million.

    She also has a portfolio of investments in stocks and bonds worth as as much as $8 million, according to the form, which lists value ranges for each investment. The bulk of it is in funds managed by TIAA-CREF.
    Elizabeth Warren Suggests She's Not In The 1%


    She also raked in $136,000 in royalties from her books, $10,000 for lecturing at a Boston law firm, $90,000 for consulting for a Florida law firm and $43,000 for working for Traveler’s Insurance.

    Let’s not forget the Oklahoma transplant earned a hefty salary for part-time government work. As a special adviser for President Obama, she was compensated $165,000 from September 2010 through August 2011 and she received $192,000 for serving on the Congressional panel overseeing TARP.
    1% Elizabeth Warren can’t have it both ways - BostonHerald.com
     
  2. whitehall
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    whitehall Gold Member

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    I guess John Kerry would have said the same thing but he didn't have to address the issue. Certainly the Kennedy elites were immune from criticism. The old double standard at work
     
  3. The Rabbi
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    The Rabbi Diamond Member

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    Only Republicans are wealthy.
     
  4. LoneLaugher
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    LoneLaugher Diamond Member

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    Hmmm.
     
  5. LoneLaugher
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    LoneLaugher Diamond Member

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    As I suspected. I looked at the video.

    They were discussing stock portfolio's and how members of Congress should not be trading while in office. She did not say that she is not wealthy....she said that she is not a wealthy person who has a lot of stock portfolios.

    Just another attempt to misinform.
     
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  6. del
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    del BANNED

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    yeah, and she failed
     
  7. LoneLaugher
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    LoneLaugher Diamond Member

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    Sorry, Del. She was not making the claim that she is not wealthy. It is clear.
     
  8. del
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    del BANNED

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    just as she didn't claim to be the intellectual foundation of ows when that didn't poll well.

    :rofl:
     
  9. LoneLaugher
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    LoneLaugher Diamond Member

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    I don't know about that. Would it be convenient for you if we changed the subject?
     
  10. del
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    del BANNED

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    no, this one suits me fine.

    i enjoy watching you twist yourself into a pretzel, and your admission of ignorance is just an unexpected gift.

    is it your contention that she owns no stock?

    "She has multiple mutual funds and stock in IBM, the sole individual stock she owns. The total portfolio is worth nearly $8 million."

    Elizabeth Warren, Worth Millions, Says Members Of Congress Shouldn't Own Stock

    what else would you like to look foolish about?

    is the cut off for a large stock portfolio set at $8,000,001 and above?

    :rofl:

    the link is from huffpo. happy spinning!
     

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