Elizabeth Warren Draws Fire from Left and Right Over Clinton Endorsement

by Pam Martens and Russ Martens
Wall Street on Parade

Senator Elizabeth Warren did not have a good weekend. After endorsing Hillary Clinton for President on Thursday, Warren was ridiculed by columnist Maureen Dowd in the New York Times on Sunday for previously portraying Clinton as a shill for big money interests while now vowing to jump into the ring to get Clinton elected to the highest office in the land. In a 2003 book, The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke, co-authored by Warren and her daughter, Amelia Warren Tyagi, the pair wrote that “Clinton had taken $140,000 in campaign contributions from the banking industry” and then sold out single mothers by voting in favor of a bankruptcy bill that Clinton had previously called “that awful bill.” Warren also addressed Clinton’s claim that she had worked to improve the bill by 2001 when she voted in favor of it. In a footnote in the book, Warren wrote:

“…the bill would permit credit card companies to compete with women after bankruptcy for their ex-husbands’ limited income, and this provision remained unchanged in the 1998 and 2001 versions of the bill. Senator Clinton claimed that the bill improved circumstances for single mothers, but her view was not shared by any women’s groups or consumer groups.”

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