Sen. Warren RIPS Cantor For Running To Wall Street (video)

[cal04]

Sen. Elizabeth Warren (D-MA) on Wednesday slammed former House Majority Leader Eric Cantor (R-VA) for taking a high-paying job on Wall Street after his devastating primary loss.

"This is wrong," Warren told Katie Couric about Cantor's new gig in an interview with Yahoo News. "People work in Washington and, man, they hit that revolving door with a speed that would blind you."

The former majority leader took a new job as a vice chairman and board member at Moelis & Co., where he will be paid $3.4 million over the next two years.

Warren said that banks hire former politicians "not because they bring great expertise and insight, but because they’re selling access back into their former colleagues who are still writing policy."

http://talkingpointsmemo.com/livewire/warren-slams-cantor-wall-st

(snip)
"This is wrong," Warren said in regard to Cantor's new role as vice chairman and managing director at Moelis & Co. "People work in Washington and, man, they hit that revolving door with a speed that would blind you." She went on to claim that banks hire politicians like Cantor "not because they bring great expertise and insight, but because they’re selling access back into their former colleagues who are still writing policy."

video
https://news.yahoo.com/katie-couric-interviews-elizabeth-warren-221313968.html

Thank you CatWoman for the heads up
Lawrence O'Donnell on Cantor's new job (video)
http://www.msnbc.com/the-last-word/watch/warren-on-cantor--wrong--just-wrong-325059651657?cid=sm_m_lastword_4_20140905_31014606

[Cali_Democrat]

1. Warren nails his ass

Good stuff.

K&R

[TeamPooka]

2. As John Stwart said the other night, he's being paid for services already rendered. nt

[BrotherIvan]

3. Saying out loud what needs to be said!

Thank you, Senator Warren!

[CatWoman]

4. Lawrence O'Donnell is talking about that now

and showed the clip

[cal04]

10. Thank you CatWoman

they just put up the video from his show

[Laelth]

5. k&r for Elizabeth Warren. n/t

-Laelth

[NYC_SKP]

6. Elizabeth Warren 2016 (nt)

[INdemo]

7. YES YES YES

Elizabeth Warren for 2016 will bring America back to greatness

Hillary cannot win because she is just a Republican Lite backed by billionaires and more billionaires.

[Man from Pickens]

8. Cantor is simply doing the same exact job he did in DC

selling your family's future to the oligarchy

[MADem]

9. Explains why that sleazebucket resigned rather than run out the clock to the end of his miserable

term. nt

[supercats]

11. It Wasn't Surprising....

Nor was it a shock...it was expected of him. I mean did anyone and I mean anyone think he had any moral character??? Just look at what he stands for...greed, excess, money, power and selfishness. The credo of the republican party.
His whole ideology has been to 'get mine and keep the 99% out' at any cost. Again the republican philosophy. Every republican has moral fiber until they excuse themselves and go to the restroom. They are an absolute joke and a disgrace to America and it's people. We need to find a way to abolish the republican, libertarian and tea bagger parties from our country as soon as possible.

[hughee99]

12. Thankfully, our presumptive nominee isn't

A politician with serious DC connections and significant ties to Wall Street not just for herself but her family members as well, so this statement won't put Warren in an awkward situation in 2016.

[hughee99]

13. I think she's a little off. I don't think they're selling access.

I think these firms already have access. I think they want his "expertise and insight" not to they financial markets, but rather to the policy makers. These people can already get almost any congressperson on the phone, or set up a meeting, what Cantor would help with is figuring out what to offer them or how to tailor their lobbying strategy to each official's desires and fears.

[stillwaiting]

14. When right-wing politicians "lose" an election they still win, and they know it.

Our country is so incredibly corrupt.

This includes right-wing, neo-liberal, Third Way, New Democrats as well since they ultimately serve the same economic interests.

If elected, serve the financial elite, and you and your family are set for life. Of course, this means wreaking havoc on most Americans financial stability and well-being, but if you're a sociopath it won't matter too much!

[JDPriestly]

15. K&R.