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Elizabeth Warren backs away from claim she’ll “save capitalism”

Elizabeth Warren backs away from claim she’ll “save capitalism”

No one could have seen this coming. No one.

I don’t mean that Elizabeth Warren was stretching things a bit when she said that people on Wall Street have told her she’d save capitalism.

No, the complete surprise is that Warren has fessed up and admits that the statement, which she insists was made, should not have been repeated by her.

Via The Boston Herald:

Democratic Senate candidate Elizabeth Warren is copping out of her claim that Wall Street executives are supporting her because she’ll “save capitalism,” saying she made a “silly” gaffe.

“I passed along a comment that was over the top, and it was silly for me to do so,” she told the Herald at a Somerville campaign stop….

Under questioning by the Herald at the Somerville stop today, Warren immediately backed off her claim, repeatedly saying it was a mistake. She declined to name any Wall Street tycoons who she says made the comment about her saving capitalism.

“It was silly for me to pass along the comment,” she said.

The Harvard Law professor’s admission of a mistake stands in stark contrast to her response to Herald stories about her claims of Cherokee heritage. The issue dogged Warren’s campaign for months after she gave differing responses and repeatedly tried to evade questions.

Warren still has refused to say she made a mistake by telling Harvard Law School she was an American Indian minority without any proof of Cherokee ancestry.

Warren should be forced by the media to name names as to who made the comment about her saving capitalism.

Warren is turning into a liability on many fronts for Democrats, yet they are giving her a prime spot warming up the crowd for Bill Clinton. This video produced by the Red Mass Group demonstrates the problem that Warren’s over the top anti-business rhetoric will dominate narrative of the convention:

Although there is a mountain of evidence that Warren has not been straighforward on the Native American stories, she will not apologize for that. That Cherokee issue will dog her at the convention as well.

Warren should just do for the Cherokees what she did on the “saving capitalism” claim — admit she passed along fiction, or better yet, that she wrote much of the fiction herself.

National Democrats should start to wonder why in the world they are going the full Elizabeth Warren.


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Warren being a liberal democrat can be excused from contrived behavior as a matter of standard operation.

But this sure should not prevent the Brown campaign from profiting by blunder after blunder not to mention the lies and obfuscations.

The choice to me here is clear but then again, I’m not part of the dumbed down MA public. So all bets are off…

I think MAYBE somebody got to Princess Running Bare and said, “Look, hun, that crossed the CRAZY/STUPID streams of force. Hear, me…??? We don’t cross the force steams.”

That, or she polled some Wall Street types to see if they would lie for her and was turned down cold.

    VetHusbandFather in reply to Ragspierre. | July 31, 2012 at 8:01 pm

    Maybe the person who made the remark intended it to be a sarcastic snark and she’s only just realized that they were making fun of her.

I think she deserves a spot on Saturday Night Live.

The difference between being being able to back off the “Save Capitalism” comment and the “Indian Ancestry” claim is this:

Federal Criminal Liability.

The “save capitalism” comment is just that, a lie that some unnamed “Wall Street Tycoon” made a supportive statement about her beliefs.

The “Indian Ancestry” claim, on the other hand, exposes Warren to Federal FRAUD charges (not to mention DISBARMENT), depending on what she wrote or disclosed and which educational institutions may or may not have included in their Federal disclosures and grant proposals.

Warren is stuck with the “Indian Ancestry” albatross around her neck for the duration.

I am just want her to take back her silly and over the top comment about being a better candidate for the Senate than Scott Brown

NC Mountain Girl | July 31, 2012 at 6:42 pm

The Democrat convention may be shaping up to be a replay of 1984 in San Francisco inside the hall and Chicago, 1968 outside the hall.

What she was referring to had more to do with using upper case letters in the first word of a sentence and with proper nouns.

Our exclusive investigation has shown that the Tea Party’s war on grammar is only a small part of their attack on traditional American values.

Brian Ross…. ABC News Classically Trained Professional Journalist, reporting from Obama’s lap.

I doubt if betty could define capitalism if her life depended on it.

puyalluppete | July 31, 2012 at 7:26 pm

iOwnTheWorld has a great tribute to this fiasco at the following link:
Keep up the great work.

Can’t wait for professor Jacobson to overcome his infatuation with professor Warren..

…just sayin’….respectfully.

    Ragspierre in reply to Browndog. | July 31, 2012 at 7:39 pm

    Dude!!! GAAAAK…!!!

    She has all the feminine charms of Janet Reno…

      Henry Hawkins in reply to Ragspierre. | July 31, 2012 at 8:04 pm

      Well, I happen to think Janet Reno was a fox.

      Browndog in reply to Ragspierre. | July 31, 2012 at 9:14 pm

      Thinking how you took the meaning of infatuation is a tad different than how I meant it-

      Again, I have the utmost respect for the Professor, but it had to be said.

        Henry Hawkins in reply to Browndog. | July 31, 2012 at 11:29 pm

        It is not ‘infatuation’ to maintain running criticism against a profoundly dishonest liberal Dem with national cred and national ambitions who is threatening the Republican incumbent holding the US Senate seat bought and paid for by Kennedy money for the past several decades, especially when the MSM is largely giving her a pass. “It needed to be said” is not the same as “I needed to say this.”

    Warren is the darling of the radical wing of the Radical, um Democratic, Party. If she isn’t stopped now, she likely will run for President. If she isn’t stopped now, she will be a much bigger problem later.

    IMO our host has correctly assessed the importance of the MA Senate race. I salute him for disregarding his poor treatment by the Brown people.

    Unfortunately, no one has yet found a vivid way to relate Warren’s policies to the self-interest of MA voters. For that reason and because Scott Brown foolishly alienated the Tea Party, the race is a toss-up with a generic edge to Warren.

To dems. Lizzy is the template of the American Woman. Its why they promote and protect her. I see no other reason for what they are doing. From my interaction with lib. dem. women they appear to be bred and schooled this way. They largely are cloistered in like minded communities of sisters religeous. Especially women of her class and type.

1. She declined to name any Wall Street tycoons who she says made the comment about her saving capitalism.

As I commented yesterday, that’s probably because the remark wasn’t made by Wall Street tycoons (in the conventional sense), but by Wall Street trial lawyers who got rich—and want to get richer—by second-guessing risk takers.

(Apparently there are plenty of people in finance & big business who belong in jail together with the politicians who create perverse incentives, but Warren, IMO, would throw out the baby before the bath water. In fact, she’d try to make sure the baby is never conceived.)

2. The Great Unifier’s speechwriters will frame Warren as the best friend small business ever had. I suspect that Warren will not be able to disguise her bedrock malice, but conservatives had better be ready to do some serious debunking just in case.

3. It’ll be interesting to see if Bubba goes out of his way to speak well of Warren.

Henry Hawkins | July 31, 2012 at 8:06 pm

It’s long been too late for the DNC to replace Warren, plus there is no tenable replacement in Massachusetts – they are stuck with her. This is a classic example of what happens when candidates are not properly vetted.

Elizabeth Warren is a bad joke.


DNC convention in Charlotte, NC – check.

Fauxcahontas speaking – check.

Lots of Cherokees in NC mountains – check.

Bring them together and hopefully hilarity will ensue. 😀

    walls in reply to barbara. | July 31, 2012 at 9:47 pm

    Cherokee, NC is about 3-hours drive from Charlotte. The Cherokee casino assuredly has plenty of buses. It would be great to have a large Cherokee protest presence outside the convention center.

      Henry Hawkins in reply to walls. | July 31, 2012 at 11:31 pm

      My wife is a member of the Cherokee Tribe and what you suggest is currently in the works.

Oh, and Princess Running Bullsh*t wouldn’t recognize capitalism if it bit her in the ass.

Henry Hawkins | July 31, 2012 at 8:53 pm

While we wait on the Texas Cruz/Dewhurst results, take a look at this elizabeth Warren YouTube video I found where she explains how to put toothpaste back in the tube, drive slot screws with a Phillips screwdriver, and herd cats:

That reporter missed a great opportunity to ask her about her Cherokee heritage.

“Is your claim to be 1/32 Cherokee also a little over the top, or do you still stand by that claim”?

Of course she’s not going to “save capitalism”. She must have got a lot of flak from her anti-capitalist cronies. That’s the only reason she backed off of this comment. Not because it was (another) self-aggrandizing lie.

She’s trying to save her ass.

    Browndog in reply to Hepcat. | July 31, 2012 at 11:25 pm

    From who?


    That’s what I thought–this isn’t about an election-

    This is about one law professor deeply offended by a colleague–who lied and cheated, and continues to do so.

    It’s personal.

    I get it.

    However, if he’s trying to get Scott Brown re-elected, he’s got a funny way of showing it, since I haven’t seen his name ONCE.

    Just sayin’…to get a grip–and be honest.

      Henry Hawkins in reply to Browndog. | July 31, 2012 at 11:46 pm

      Quite a talent you have there, the ability to psychically look into the hearts and minds of others. Wasting your time here. Vegas or the Vatican await.

      Look into my mind, and read how I’m currently thinking it isn’t necessary to be for Scott Brown in order to be against a sleazeball like Elizabeth Warren. My thinking, which you’ll already know, of course, is that it is possible to be against both of them. An additional thought, and I’m likely boring you since you’ll know I’m thinking this even before I do, is that neither bloggers nor posters are restricted to what you think they should be posting or thinking.

      “From who? What?”

      Her own web of lies, ya dunce.

      “That’s what I thought–this isn’t about an election-”

      Goodness me, you think you’ve supported your premise. Well, sometimes owning a great gift like mind-reading causes commensurate disabilities in other areas, like critical thinking.

      Sure, it’s personal. See, back in high school, the Professor asked Liz out to the Senior Prom, but she turned him down, not wanting to taint his then-prospective career by dating a minority. It was the 1970s, after all. Ever since he’s been after her, the resentment burning like hot coals in his belly.

This woman is as nuts and corrupt as Obama.

It’s absolutely frightening she’s even in the running.

So at the Democrat’s convention is Princess Sadsquash going to promote the historical dialectical process of class conflict and the eventual rise and dictatorship of the proletariat? Will the cogs in the dialectical materialist progress machine know what she is talking about? And what stage can hold the incredibleness of Super Warren, ersatz Indian and the eighth wonder of the world?

Warren is an accomplished liar with a lifetime of experience. Tea party people in Massachusetts will go all out to defeat her. Scott Brown won in 2010 with a coalition of conservative Democrats, independents and Republicans and will do so again.