Recently news broke of Barack Obama taking $400,000 from Wall Street for a speech. Well, even Elizabeth Warren is alarmed by this huge payday.
Elizabeth Warren said she is “troubled” by the news of Obama raking in this huge payday. Perhaps she remembers when Obama referred to the “fat cat bankers” on Wall Street. Bill Clinton took huge paydays after his presidency, but he didn’t attack them like Obama did while he was in office. When a Democrat does something that even Elizabeth Warren is bothered by the actions of Obama. What does that say about his actions?
Watch the video.
Even Elizabeth Warren is Alarmed by Obama’s Payday
Let’s not forget that Elizabeth “Pocahantas” Warren also receives massive donations from Wall Street.
Per The Free Beacon:
Warren isn’t free from the industry either. Since she ran for Congress in 2011, she has collected more than $630,000 from individuals in the securities and investment industry, making it the sixth highest industry in political donations to her campaigns.
Warren also has received major backing from lawyers and law firms that represent Wall Street interests. $2.3 million in contributions have poured from the sector to her campaign’s coffers, the second most of any industry only behind those who are retired.
Individuals who work at law firms that are in her top 15 donors provide services to financial institutions and corporations that deal with bankruptcy, corporate restructuring, securities litigation, and white-collar crime.
Brown Rudnick LLP, an international law firm that focuses on high-stakes litigation with offices in New York, London, Boston, and Washington, D.C., has employees that have given nearly $70,000 to Warren’s campaigns, enough to put them in her top ten donors.
According to the group’s website, they take on clients ranging from start-up businesses to national, global, and Fortune 500 business leaders. The group practices antitrust, bankruptcy and corporate restructuring, white-collar defense and government investigations, and provides corporate and financial services.
Ropes & Gray, a global law firm that serves clients in business, technology, and government, provides an array of services including the defense of white-collar criminals to “mitigate the impact of government investigations and enforcement actions.”
They also represent clients on matters dealing with the federal Anti-Kickback Statute and the Stark Law, Medicare, and Medicaid fraud and abuse and pricing issues, financial crimes, and public corruption and campaign finance enforcement issues.
Employees who work for Ropes & Gray have given $57,450 to Warren, placing them in her top ten donors.
Seems like a bad spot for Elizabeth Warren to try to come off as holier than thou. She criticizes Obama for him accepting a big payday from Wall Street, when it happens to be one of the industries where most of her donations come from.
While it is good to see someone on the left go after Obama, it couldn’t have com from a more hypocritical stance. Then again, it is the left. What do you expect?