Elizabeth Warren failed to disclose a $1.3 million line of credit
Elizabeth Warren has a long history of not being who she claims to be and now she is at it again. Boston radio talk show host Howie Carr sums her up like this:
“Another example of this shady lady in action — she claims to fight for the downtrodden, but checks the box to claim minority status, takes zero-interest loans from Harvard to buy her mansion, says in 2012 that she doesn’t own stocks, only mutual funds, claims to be the ‘intellectual mother’ of the Occupy movement until it turns into a PR disaster — is anyone surprised by this latest?” Boston talk radio king Howie Carr tells Breitbart News.
He forgot to mention that she also was buying foreclosed homes and flipping them but let that go, you get the point. But what is “this latest” example that Howie Carr is speaking about? This:
A U.S. senator who took advantage of a loophole in ethics laws to avoid disclosing a $1.3 million credit line against her home is now warning that incomplete financial disclosures from cabinet nominees put the country at risk.
Sen. Elizabeth Warren’s (D., Mass.) warning came in the Washington Post, where she wrote that “it is critical that each nominee follows basic ethics rules to ensure that they will act for the benefit of all the American people.”
Warren argued that financial disclosures are needed to “reveal potentially damaging information that may undermine fitness to serve” and that nominees with “complex financial histories” need to be “forthcoming and transparent.”
Warren, meanwhile, continues to skirt congressional ethics laws by failing to include a $1.3 million line of credit against her Cambridge, Massachusetts, home on financial disclosure forms.
The line of credit was extended to Warren and her husband Bruce Mann in 2007 through financial giant Bank of America. It was first noted by the Boston Herald after Warren failed to included the line of credit as a liability on her 2014 financial disclosure filing. It was also absent from her 2015 filing.
This news comes after Elizabeth Warren attacked Tom Price over a $2,700 stock purchase:
Warren aggressively criticized Rep. Tom Price (R-GA) at his confirmation hearing before the Senate Health, Education, Labor, and Pensions Committee on January 18 to become Secretary of Health and Human Services over the purchase of $2,700 in the stock of one company by the manager of his stock portfolio.
She certainly like to walk a fine line: she claims incomplete financial disclosures from cabinet nominees put the country at risk yet she–while not a cabinet nominee is still a powerful committee member–likes to skirt the full disclosure of her own finances. Technically what she did might not have broken ethics rules but it does show quite a bit of hypocrisy.
malo periculosam libertatem quam quietum servitium