XPost: ne.politics, alt.politics.republicans, sac.politics   
   XPost: alt.fan.rush-limbaugh, talk.politics.guns   
   From: leroysoetoro@americans-first.com   
      
   https://amac.us/newsline/politics/elizabeth-warrens-forked-tongue-leftism-   
   for-thee-but-not-for-me/   
      
   When Sen. Elizabeth A. Warren recently traveled to the Big Apple to   
   endorse New York City mayoral candidate Zohran Mamdani, she was asked if   
   overt socialism is really the best model for Democrats to adopt. “You   
   bet,” she replied in her signature folksy style.   
      
   The Boston lawmaker wasn’t just jumping on the sudden trendiness of   
   socialism three-and-a-half decades after its near-extinction. With Senate   
   fellow traveler Sen. Bernie Sanders, I-Vt., Warren has been a catalyst for   
   moving her party to the left since her first campaign in 2012.   
      
   She and Sanders are, in many ways, the godparents of the self-avowed   
   democratic socialists such as Mamdani and Rep. Alexandria Ocasio-Cortez,   
   D-N.Y., who are providing the youthful energy for the Democrats in the   
   Trump era.   
      
   As Warren’s attacks on Wall Street and the wealthy are gaining even wider   
   traction among liberals—a recent Gallup poll found 66% of Democrats have a   
   positive view of socialism—the apparent contradictions between her public   
   economic positions and private financial decisions are receiving new   
   scrutiny, particularly as the onetime presidential candidate appears to be   
   testing those waters again.   
      
   Charity Doesn’t Begin at Home   
   Financial records examined by RealClearInvestigations show that Warren has   
   hardly followed the path of socialism in her personal finances. Start with   
   the redistribution of wealth. Warren tirelessly bashes the “selfish” and   
   “greedy” rich for not paying their “fair share,” and demands the   
   government step in and redistribute their income to the poor.   
      
   But charity does not always begin in the Warren home.   
      
   While Warren hauls in nearly $1 million a year, she donated less than 3%   
   of her household income to charity in 2024, according to her tax returns.   
   This is much less than the charity of the Obamas, for instance, who   
   typically donate more than 20% of their earnings to the needy and   
   philanthropic causes, and low for the average American in her income   
   bracket, studies show.   
      
   The average millionaire donates more than twice her share.   
      
   It also appears that Warren opens her pocketbook wider when she’s running   
   for national office and under a bigger media microscope.   
      
   The $26,669 in charitable deductions Warren reported on her tax returns   
   last year pales in comparison to the $81,858, or 9% of income, she   
   reported as she launched her campaign for the White House in 2020.   
      
   And the outspoken Democratic leader keeps her own tax burden down while   
   calling for higher taxes on “millionaires and billionaires.”   
      
   Records show Warren is not averse to taking maximum advantage of   
   provisions in a tax code she denounces as unfair. She has, for example,   
   written off used articles of clothing on her taxes and has had to correct   
   past returns for inflating the value of those items.   
      
   She’s also written off thousands of dollars in used books—and even in-   
   flight Wi-Fi—to expense down business income. And she would exempt herself   
   from her proposed “Ultra-Millionaire Tax,” which levies a surtax on those   
   with a net worth above $50 million.   
      
   With a net worth of at least $8 million (with estimates as high as $12   
   million), Warren has benefited handsomely from free market capitalism—even   
   as she has spent most of her career in the public and educational sectors.   
      
   Fat Cat Investments   
   Despite her frequent complaints that “the wealthiest 10% of U.S.   
   households own 84% of American-held shares” of stock, she has invested the   
   bulk of her money in stocks and bonds managed by Wall Street investment   
   funds. These accounts are valued at between $1.9 million and $6.8 million,   
   according to her most recent Senate financial disclosures, filed in April.   
   (Values are given as ranges in the disclosure reports that members of   
   Congress are required to file each year.)   
      
   Although Warren has rarely traded individual stocks, records show the   
   mutual funds where she has parked her millions—Vanguard and TIAA-CREF—hold   
   a number of companies in industries that Warren has demonized, including   
   Big Oil, Big Tech, and Big Pharma. Through these funds, for example,   
   Warren has invested in Apple, Amazon, and NVIDIA; Exxon and Shell; Wells   
   Fargo; Goldman Sachs; Monsanto; Johnson & Johnson; and even NewsCorp.—the   
   owner of conservative Fox News and the New York Post.   
      
   Nevertheless, Warren has ripped “fat cat bankers” at Wells Fargo for   
   preying on minority homebuyers and customers with “predatory” rates and   
   “junk” fees, and also for “screwing” their own employees. She even   
   demanded the Federal Reserve revoke Wells Fargo’s status as a financial   
   holding company over “abusive and unlawful” practices.   
      
   Warren has called for regulators to break up tech giants Amazon and Apple,   
   which she claims are running monopolies. “I’m sick of freeloading [tech]   
   billionaires” who “roll over everyone,” she said recently.   
      
   Warren has described Exxon as a “bad actor” that contributes to global   
   warming. She’s even accused the energy giant of “corporate perjury” by   
   publicly denying its alleged role in warming and producing “fake research”   
   to “mislead the American people about climate change.”   
      
   The senator has also slammed Exxon for “imposing massive price increases   
   on Americans [sic] families,” arguing “this corporate greed is   
   inexcusable.”   
      
   Environmental activist groups have called on her chosen retirement fund,   
   TIAA, to divest from Exxon, along with the rest of its more than $78   
   billion in oil, gas, and coal assets, according to a recent estimate by   
   the Institute for Energy Economics and Financial Analysis. They argue the   
   fund is using contributions from investors like Warren to “destroy   
   communities and the environment.”   
      
   Last year, Warren bashed Donald Trump for capitulating to the oil   
   industry. “Donald Trump has a deal for Big Oil: if they raise $1 billion   
   and send him back to the White House, he’ll gut environmental protections   
   and roll back Joe Biden’s progress in fighting climate change,” she   
   asserted on the social media platform X. “It’s corruption, pure and   
   simple. And it would be a disaster for our planet.”   
      
   Exempting Some Millionaires   
   Slamming the president’s “One Big, Beautiful Bill” earlier this year,   
   Warren complained, “Trump’s tax cuts stand to benefit [the] highest-income   
   earners.”   
      
   She would know: She’s one of them.   
      
   The $919,583 in household income Warren reported on her 2024 tax return,   
   which she filed jointly with her husband, puts her in the top 1% of   
   highest-earning Americans. The year before she entered the Senate, Warren   
   reported earning $616,181.   
      
   The lawmaker’s base Senate salary of $174,000 accounts for just one-fifth   
   of the total income she reported to the IRS. The rest comes from book   
      
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