Warren Says Private Prisons Are ‘Profiteering Off Cruelty’ — Report Shows She Benefited Financially
What’s this? Top 2020 Democrat Elizabeth Warren is a hypocrite?
Alert the press! They’ll surely be interested in this story, right?
From Free Beacon:
Presidential hopeful Elizabeth Warren wants to ban private prisons because “no one should make a profit locking people up,” but the senator has financially benefited from private prison companies in the past.
The Massachusetts senator invested up to $50,000 in a Vanguard Group fund that owned hundreds of millions of dollars worth of shares in leading private prison companies. Warren sold her stakes in that fund in exchange for a different retirement account in 2013. At the time, the fund was the largest shareholder of America’s largest private prison corporation.
Warren invested in Vanguard Target Retirement 2025—a retirement account run by the Vanguard Group, an investment management company—which in turn invested more than 30 percent of its money in Vanguard’s domestic stock index fund. Vanguard was the top shareholder of Corrections Corporation of America (CCA), and one of the largest of GEO Group, both private prison companies, according to data from the Securities and Exchange Commission. Vanguard owned more than 12 million CCA shares and nearly 9 million GEO Group shares, which were worth roughly $456 million and $216 million, respectively, in March 2013.
Warren believes an economic crash is on the horizon.
The funny part is that even a CNN host thinks Warren’s policies, if POTUS, would be a major contributing factor.
CNN Reporter: Elizabeth Warren’s Proposals Could ‘Create Another Crisis’ https://t.co/XNby0dYubb pic.twitter.com/eI1SpWIe0r
— David Rutz (@DavidRutz) July 22, 2019
During an interview between Warren and CNN’s Anderson Coopers, “Pocahontas” did not know how many branches of government there are.
Might be kind of important for a presidential candidate to know this.
Cooper: “Do you ever think, look, the realistic end game is that Republicans get two thirds of what they want and the Democrats have to settle for the shorter straw? Is that how the balance of power really works?”
Warren: “Well, let’s talk about the balance of power. There are two coequal branches of government, the president of the United States and the Congress.”
Sen. Elizabeth Warren (D-MA) doesn't know how many branches of government exist: "There are two co-equal branches of government, the president of the United States and the Congress"
There are 3 equal branches of government: executive, legislative, judicial pic.twitter.com/ARHJsmII2B
— Ryan Saavedra (@RealSaavedra) January 24, 2019
Of course, the three branches of government are legislative, judicial, and executive.
Democrat Socialist Congresswoman Alexandria Ocasio-Cortez had a similar “branches of government” problem not long ago.
Is there a patern here?
Socialist Alexandria Ocasio-Cortez: "If we work our butts off to make sure that we take back all three chambers of Congress — Uh, rather, all three chambers of government: the presidency, the Senate, and the House."
The 3 branches of government: executive, legislative, judicial. pic.twitter.com/8rPSpzottE
— Ryan Saavedra (@RealSaavedra) November 19, 2018
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