Posted on 05/09/2013 4:52:07 PM PDT by Kaslin
Wrapping up a fawning interview with Massachusetts Democratic Senator Elizabeth Warren on MSNBC's The Last Word Wednesday night, left-wing host Lawrence O'Donnell couldn't hold back his glee at Warren proposing her first piece of legislation. Like an adoring fan, he gushed: "Congratulations on your first bill. If I could just get your autograph here on my copy of the first Warren bill, this is a very exciting night at The Last Word." [Listen to the audio or watch the video after the jump]
As she happily signed her name, Warren exclaimed: " For Lawrence, you bet." O'Donnell announced: "This will be framed and then I'll – then I'll get a copy of the one the President signs when it becomes law." Warren replied: "Your mouth to God's ears."
MSNBC Host Embarrasses Himself, Asks Dem Senator for Her Autograph
The legislation they were celebrating was Warren's demand that the Federal Reserve provide loans to college students at the same low interest rates they loan to banks. O'Donnell began the segment by playing sound bites of Warren pushing her usual class warfare argument:
If the Federal Reserve can float trillions of dollars to large financial institutions at low interest rates to grow the economy, surely they can float the Department of Education the money to fund our students, keep us competitive, and help grow our middle class....the federal government's going to charge interest rates nine times higher than the rates they charge the biggest banks. The same banks that destroyed millions of jobs and nearly broke the economy. That isn't right.
Here are excerpts of the May 8 exchange:
10:19PM ETELIZABETH WARREN [SEN. D-MA]: If the Federal Reserve can float trillions of dollars to large financial institutions at low interest rates to grow the economy, surely they can float the Department of Education the money to fund our students, keep us competitive, and help grow our middle class.
LAWRENCE O'DONNELL: That was Massachusetts senior Senator Elizabeth Warren introducing her first piece of legislation in the Senate today. The bill is designed to give students relief from high interest rates on federal loans which are scheduled to double on July 1st, from 3.4% to 6.8%. Senator Warren's bill would allow students to borrow at the same rate that big banks pay to the Federal Reserve, which is currently about .75%.
WARREN: In other words, the federal government's going to charge interest rates nine times higher than the rates they charge the biggest banks. The same banks that destroyed millions of jobs and nearly broke the economy. That isn't right.
O'DONNELL: Senator Warren, thank you very much for being here on your debut as a legislator on the Senate floor. How did that feel to go up there and do that?
WARREN: It felt good. Yeah, it did.
O'DONNELL: And you're ahead of schedule of the other first-year senators. They usually wait a while in doing this. But this thing just makes so much sense.
(...)
10:25PM ET
O'DONNELL: Senator Warren, congratulations on your first bill. If I could just get your autograph here on my copy of the first Warren bill, this is a very exciting night at The Last Word.
WARREN [SIGNING HER AUTOGRAPH]: For Lawrence, you bet.
O'DONNELL: This is this will be framed and then I'll then I'll get a copy of the one the President signs when it becomes law.
WARREN: Your mouth to God's ears. There we go.
O'DONNELL: Senator Warren, thank you very much for joining us tonight.
WARREN: Thank you.
She is going to run. She's got an ego and sense of entitlement twice the size of Obama's. Watch out Hillary. There's going to be some argy-bargy (apologies to Phil Liggett)on the way to the nomination.
The only thing that surprises me is the growing intensity of my contempt of them.
Another wealth transfer from the little guys to Big Academia. Thanks, Crockajawea.
Did she use a feather pen to sign it, if you get my drift?
What a loser. Gushing like a teenage boy-band fan “Ohmigawd! Can I pleeeeease have your autograph???”. What an embarrassing display- you think William F. Buckley ever did such a thing? Certainly not.
“If the Federal Reserve can float trillions of dollars to large financial institutions at low interest rates to grow the economy, surely they can float the Department of Education the money to fund our students, keep us competitive, and help grow our middle class....the federal government’s going to charge interest rates nine times higher than the rates they charge the biggest banks. The same banks that destroyed millions of jobs and nearly broke the economy. That isn’t right.”
The Federal Reserve should not be loaning billions at below market interest rates to the big banks, the US Treasury or private citizens. The big banks should have been forced to declare bankruptcy when they technically failed in 2008 and then be reorganized under Federal Bankruptcy law forcing bondholders, shareholders, and management to pay the price of mismanagement instead of the taxpayers. Federal Reserve suppression of interest rates to support irresponsible management on Wall Street is a illegal tax on the savings of average citizens. Had Bush forced the big banks into bankruptcy in 2008 instead of abdicating management of the crisis to former Goldman Sachs CEO Hank Paulson, Ben Bernanke, and Timothy Geithner banks would have returned to responsible lending practices instead of speculation.
agree and yet our side won;t say anything on most subjects and nothing on social issues.
I wish people would read their rules back in 63 and think about it and how much they have done.
rules 23 to 28 and yet we cannot get a win on anything lately, instead we have to work with them
http://www.uhuh.com/nwo/communism/comgoals.htm
So pathetic.
I have to remark though, THIS is exactly where our side fails time and time again. We should be flooding his twitter with comments to call him out for being the pansy he is. I know you guys think it’s all a joke, it’s not.
Millions of young adults, and old ones too, take to twitter to express their outrage.
Oh well, that’s my take on it. As for EW, she is a liar. The dems set it up to have those rates increase for the sole purpose of blaming republicans. How unusual, a lying commie. Color me shocked.
You notice it is always the greedy bankers, not the greedy college administrators and professors.
a signature is nothing, Larry O’Donnell would fellate Obama as a thank you for services to The Cause.....
He wanted the autograph of a real Cherokee.
O’Donnell can read Esperanto?
A**kisser.
What did Bernie Goldberg call these cretins tonight on Fox? - “Babies chasing after shiny objects” - pretty well sums it up.......
I’d bet he has the pages stuck together by now.
Likely. Gak.
Hear you go, pale face.
Here ya go, pale face.
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