If you thought Elizabeth Warren would take it easy on Capitol Hill, you'd be wrong

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tough cookie

UPDATE: The blog headline refers to the early status of celebrity senators such as Al Franken and Hillary Clinton who chose to stay relatively quiet and out of the limelight at first. They "took it easy," as opposed to what you're about to read about Warren.

Original post:

This story illustrates why we pushed so hard to get Elizabeth Warren elected to the United States Senate. She knows what she's doing, she gets it, and she's not afraid to talk the talk and walk the walk, all on behalf of We the People. So when Elizabeth gets pissed off, watch out Corporate America, she means business.

Did I mention she was pissed off?

Warren took aim at the American International Group, the giant insurance company that BushCo bailed out was now considering suing the federal government because they thought the big bad bailout was unfair. Gee, why don't I feel sorry for them? Aww, somebody better rev up the ol' iPhone and call ...

wah wambulance

Watch out, AIG... it's not nice to mess with Senator Warren:

Via Business Insider and The Atlantic Wire, here is Elizabeth Warren's most excellent response to AIG's threat:

Beginning in 2008, the federal government poured billions of dollars into AIG to save it from bankruptcy. AIG’s reckless bets nearly crashed our entire economy. Taxpayers across this country saved AIG from ruin, and it would be outrageous for this company to turn around and sue the federal government because they think the deal wasn’t generous enough. Even today, the government provides an ongoing, stealth bailout, propping up AIG with special tax breaks—tax breaks that Congress should stop. AIG should thank American taxpayers for their help, not bite the hand that fed them for helping them out in a crisis.

bam

Did I mention how wonderful it is to have Warren in the U.S. Senate?

More at the links.

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  • http://www.facebook.com/rozanne.gates Rozanne Gates

    I feel stronger and safer and happier just knowing that Elizabeth Warren is in the Senate.  I live in Connecticut and proudly display my Elizabeth Warren bumper sticker on my Honda Fit.

  • http://twitter.com/RockMollica Rock Mollica

    Let's not forget that to sell insurance on anything and then not having any money to pay any claims is considered FRAUD in many legal circles. USAG Holder, where are the indictments. Thousands of Occupy protestors arrested, jailed and fined and not one Banker or Broker indicted for massive FRAUD upon mortgagees and unsuspecting investors as they sold toxic assets by claiming they were golden. AIG insured these assets and had no money to pay claims, not providing the service that was claimed.  Goldman Sachs is at the top of that list, followed by Bank of America and AIG.

  • http://pulse.yahoo.com/_DW7LHDQQLRH5RQG2AGEXP35QGM Mr. B

    "Beginning in 2008, the federal government poured billions of dollars into AIG to save it from bankruptcy. AIG’s reckless bets nearly crashed our entire economy. Taxpayers across this
    country saved AIG from ruin, and it would be outrageous for this company
    to turn around and sue the federal government because they think the
    deal wasn’t generous enough."

    OK, lemme see if I've got this straight:

    AIG, which got awarded BILLIONS of free money for the US government, is suing that SAME government . . . for not giving them enough?

    Plus, the repubs and their corporate media masters will yell about President Obama's supposed "sweetheart loan" to Solyndra at any opportunity . . . but I've yet to hear them complain about the Bushie bailout to AIG.

    My head hurts . . .