Luke88 Wrote:
Nov 19, 2012 9:36 AM
Ms. Warren's comments prove she is either stunningly ignorant of the facts or that she really a very sharp politician who knows how to literally tell the people - what they "should" want to hear - and then pretend like she is only following their lead. "I want millionaires and billionaires and Big Oil companies to pay their fair share. And I want to hold Wall Street accountable." 1. $250,000 doesn't equal a Million or Billion dollars. 2. Oil companies make between 3%-5% on a $1 of gas - the gov. makes between 12%-16%. 3. Wall Street / Big Banks "failure" was from Fannie & Freddie (Fed - Government) requirements to give loans to those who shouldn't have qualified in the first place. My guess is the former rather than the latter.