Being new to politics does not prohibit Elizabeth Warren from running as Massachusetts senator in the upcoming elections. While she may have certainly never fought for a political position, she is already a well-established government employee and knows exactly how much she wants to raise taxes on citizens and companies alike while continuing to promote programs like Medicaid that do not work and that are inefficient.
The New Sheriffs of Wall Street
It is no doubt that one of the most prominent names mentioned during the 2008 financial crisis was Warren, and being part of the Troubled Assets Relief Program established her prominence on the sector. She may have had experiences of being part of foreclosure attorneys in the past, but for the 2008 crisis, she worked hard to bail out financial institutions which only put America further into debt and told Wall Street there is not any repercussions for your deceit.
Besides her experience of being an attorney-at-law, she is renowned for writing over a hundred scholarly articles and six books on academics. All this sounds great on paper but so did Solyndra. Foreclosure attorneys would have gained a better perspective with her written works, and as an advocate of protecting the rights of mortgagors, she has written a book on bankruptcy based on medical expenses and bills. Statistics have shown that half of the applicants needing the help of foreclosure attorneys are those who have just undergone serious medical issues.
Need Practical Solutions
Being part of the Congressional Oversight Panel introduced Warren as a leader in the field of finance but many people question her possible lack of understanding on how a company operates and why jobs are leaving the north eastern part of America and certainly her state. Warren wanted to focus on two major issues that many lawyers had to face during the crisis, and that is to fix the broken consumer credit sectors and to work with the big players of the finance industry that seem to have created a threat to the stability of the system. Today, she wants to infuse her own principles and join in the process of rehabilitation of the finance industry. But theory only works in a college classroom as Obama’s economic team has found out.
