ELDER PATRIOT – People watching Elizabeth Warren attack President Trump’s nominee to become Secretary of Health and Human Services, Tom Price, had to be impressed with her thoroughly blistering assault on his failure to list a stock purchase on his financial disclosure forms.
Everyone is sick of the special niche that congress has carved out for itself that allows its members the freedom to conduct stock trades on insider information – including when they know there’s pending legislation that will directly affect a stock’s value – even as it remains an offense that can carry imprisonment for everyone else.
But, as offensive as the practice is, when a sitting Senator charges anyone with insider trading they should be 100% certain of their facts. Warren wasn’t.
Warren: So, let’s just be clear. This is not just a stockbroker — someone you pay to handle the paperwork. This is someone who buys stock at your direction. This is someone who buys and sells the stock you want them buy and sell.
Price: Not true.
Warren: So, when you found out that…
Price: It’s not true Senator.
Warren: What? Because you decide not to tell them? Wink, wink. Nod, nod. And we’re all just supposed to believe that?
Price: It’s what members of this committee. It’s the manner in which members of this committee . . .
Warren: I’m not one of them.
Price’s denial will have to stand the test of time but his reputation, and by extension the reputation of the entire Congress, has been further denigrated by Senator Warren.
Not that Warren doesn’t deserve being denigrated for her failure to disclose a loan because she believed it to be politically troubling.
The Washington Free Beacon discovered that Warren skirted congressional ethics laws by failing to include a $1.3 million line of credit from Bank of America against her Cambridge, Massachusetts, home on financial disclosure forms.
Warren told the Washington Post after she cavalierly besmirched the reputation of Tom Price that incomplete financial disclosures from cabinet nominees put the country at risk:
“It is critical that each nominee follows basic ethics rules to ensure that they will act for the benefit of all the American people.
“Potentially damaging information that may undermine fitness to serve and that nominees with complex financial histories need to be forthcoming and transparent.”
So while Price denied her allegations and she offered no evidence that they were true we are left wondering why Warren violated the STOCK Act, which was signed into law in 2012, and mandated that all members of Congress disclose details of any mortgages on their personal residences in their annual filings.
Warren earned the nickname Pocahontas because she lied about having Native American bloodlines in order to snag a professorship at Harvard.
The Massachusetts Senator later received a zero-interest loan from Harvard that she used to buy her $1.3 million home. In her 2012 financial disclosure she declared that she doesn’t own stocks, only mutual funds, meaning she is as guilty – or not guilt – for the same “failure to disclose” as Tom Price.
Pocahontas also declared herself to be the ‘intellectual mother’ of the Occupy movement until Bank of America pressured her to cease and desist. That probably explains why she endorsed “Big Bank Favorite” Hillary despite being ideologically closer to Bernie Sanders and having a well-publicized hatred for Clinton.
Warren watchers should find it particularly troublesome that when it came to supporting Hillary Clinton she never asked Hillary to address Americans’ concerns that, “Potentially damaging information that may undermine fitness to serve and that nominees with complex financial histories need to be forthcoming and transparent.”
Elizabeth Warren is a two-faced, duplicitous, lying, politician who has been gaming the system since well before she ever entered the political arena. In other words, she’s a Democrat.