[ad_1]
Asked why she thought Bernie Sanders had surpassed her in the polls and in the first two primary contests, and what she could do to turn the tide, Elizabeth Warren said her performance in last night’s debate would be her guide.
“I need to do what I have done pretty much all my life and that is get out there and fight for working families,” Warren said. “That is me, that is what I do.”
Warren then ran down her history in and out of politics, with a special emphasis on an issue that rings true to many Nevadans — the 2008 financial crisis.
The economic implosion, which was caused by big banks’ betting and selling bad financial products stuffed with home mortgage loans, led to mass of foreclosures. Nevada was among the hardest hit states.
“I watched year by year and I kept talking about the changes we need to make. In the late 1990s, I kept warning about the coming crisis over mortgages,” Warren said. “How these mortgage companies have figured out that they could target communities of color, African American communities, Latino communities go to those communities and sell them the worst of the worst mortgages.”
But, as Warren noted, her concerns were dismissed. Years later, her predictions came true.
“I rang every alarm bell I could ring but nobody wanted to hear it,” Warren said. “The banks were making money, the federal regulators were deep in the pockets of the banks and everybody else was just out there lamb to be sheared. I got in that fight, that is why I was right here in Nevada in 2008 holding hearings about the banks that were taken away homes from your neighbors, maybe from some of you in this room.”
Warren then promised to take the spirit of that “fight” into the rest of the primary, “for as long as I am in this race.”
Watch:
[ad_2]
Source link