Wednesday, September 28, 2011

Elizabeth Warren Rebuts GOP On “Class Warfare”: “Nobody Got Rich On His Own”

Elizabeth Warren, former White House financial reform adviser who is challenging Massachusetts Republican Senator Scott Brown, gave an excellent example of a fighting progressive. In a recent appearance, she reminds us how the Bush administration got us into the current debt crisis, with its tax cuts for the rich, two simultaneous wars and an unfunded prescription drug program. Warren then rebuts the Republicans' charge of "class warfare," stating that the wealthy have benefited from the efforts and taxes of others and need to give back their fair share. Watch:

Warren: I hear all this, you know, ‘Well, this is class warfare, this is whatever.' No. There is nobody in this country who got rich on his own — nobody.

You built a factory out there? Good for you. But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police-forces and fire-forces that the rest of us paid for. You didn’t have to worry that marauding bands would come and seize everything at your factory — and hire someone to protect against this — because of the work the rest of us did.

Now look, you built a factory and it turned into something terrific, or a great idea. God bless — keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along. (h/t: Talking Points Memo, SOG City Oracle)

To thank Elizabeth Warren for standing up for progressive values, visit CREDO Action. To contribute to her campaign, visit Elizabeth Warren for Massachusetts.


Jon R., editor of the Oracle said...

Hi Jeff,

I have seen Warren on TV several times and each time she has impressed me with her intelligence and common sense approach to solving many of our country's problems.

This country needs more like her.

And, thanks very much for the tip of the hat.

Jeff Tone said...

Jon: You're quite welcome. I agree with you on Warren. The qualities you mention are quite evident in this video.

Readers: I highly recommend Jon's blog, SOG City Oracle: