Chairman McHenry Calls Elizabeth Warren a Liar at Subcommitt

Warren's face in reaction to McHenry's accusation is great. I like Mr Cummings -- "We have no one here to ask".

McHenry's statement about the incident shows his own sense of entitlement:

I was shocked by Ms. Warren's blatant sense of entitlement. She was apparently under the assumption that she could dictate a one hour time limit for her testimony to Congress and that we were there at her behest instead of the other way around. This is just further example of her disregard for congressional oversight.
quantumushroomsays...

Maybe you ought to do a little research on Ms. Warren, the newest unelected tyranocrat who will be "protecting" the consumer from Wall Street.

Who protects the average man from having everything stolen by vote-buying socialists?

"Ms. Warren had never worked in financial services – in fact, she had never held a job in any financial industry – but as a Harvard law professor, she had written a variety of articles and books."

In other words, unqualified. Just like you-know-who.

KnivesOutsays...

Right, because we all know that having a job in the financial industry automatically makes you an expert on the financial industry. Clearly, my five years experience coding software for banks makes me eligible to run the SEC.

Educate yourself, instead of just regurgitating what you hear in your echo-chamber.

http://en.wikipedia.org/wiki/Elizabeth_Warren

The witch hunt continues.>> ^quantumushroom:

Maybe you ought to do a little research on Ms. Warren, the newest unelected tyranocrat who will be "protecting" the consumer from Wall Street.
Who protects the average man from having everything stolen by vote-buying socialists?
"Ms. Warren had never worked in financial services – in fact, she had never held a job in any financial industry – but as a Harvard law professor, she had written a variety of articles and books."
In other words, unqualified. Just like you-know-who.

heropsychosays...

So you have to have worked in the financial industry to be qualified to make recommendations on making laws to regulate it?

You know what experience can be very valuable as a regulator? Knowing and being involved in regulatory laws on the industry, because you tend to see what laws have been effective, what haven't, etc. It also means you might know a thing or two about what makes a good, well written law vs. a bad one. Now, you got Warren on that one. She doesn't have squat for experience there...

Except of course a BS in law from University of Houston...
...and JD from Rutgers Law...
Editor of Rutgers Law Review...
Decades of experience working as a lawyer involved in financial transactions such as wills, real estate, commercial law...
Over a decade of experience teaching in five universities, one including some crappy college called Harvard Law
Over 100 peer reviewed academic articles
Six academic books on the subject
Vice President of American Law Institute
Best selling author/co-author on personal finance
National Law Journal's 50 most influential female lawyers
Multiple award winner for both practicing law and as a teacher on the same subject

Other than that, she's completely unqualified!

Is this what America has come to? If you accomplish the above, you're in no shape qualified to make recommendations for regulations to help protect American consumers financially?! I get you disagree with her, but disagreeing with her doesn't make her unqualified.

>> ^quantumushroom:

Maybe you ought to do a little research on Ms. Warren, the newest unelected tyranocrat who will be "protecting" the consumer from Wall Street.
Who protects the average man from having everything stolen by vote-buying socialists?
"Ms. Warren had never worked in financial services – in fact, she had never held a job in any financial industry – but as a Harvard law professor, she had written a variety of articles and books."
In other words, unqualified. Just like you-know-who.

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