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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCNN: Warren outlines differences with Biden
Warren outlines differences with Biden
By Paige Hymson, CNN - Sun October 4, 2015
Washington (CNN) Sen. Elizabeth Warren's meeting with Vice President Joe Biden last summer helped fuel speculation that Biden would enter the 2016 race -- but the Massachusetts senator told CNN's Jake Tapper that the two Democrats have disagreed very sharply in the past.
"Oh, yes we have," Warren said in an interview at the Washington Ideas Forum that aired Sunday on "State of the Union." "You bet."
The two have battled over a 2005 bill that made it more difficult for individuals to file for bankruptcy. Biden backed the legislation, while Warren, then a Harvard professor who was advising the National Bankruptcy Review Commission, testified against the bill, which ultimately passed.
"Sen. Biden was on one side of that fight and I was on the other," Warren said. "And you better believe I didn't hold back."
Warren said she and Biden are still on opposite sides when it comes to financial reform.
Full article:
http://www.cnn.com/2015/10/04/politics/elizabeth-warren-joe-biden-2016-campaign/index.html?eref=rss_topstories
By Paige Hymson, CNN - Sun October 4, 2015
Washington (CNN) Sen. Elizabeth Warren's meeting with Vice President Joe Biden last summer helped fuel speculation that Biden would enter the 2016 race -- but the Massachusetts senator told CNN's Jake Tapper that the two Democrats have disagreed very sharply in the past.
"Oh, yes we have," Warren said in an interview at the Washington Ideas Forum that aired Sunday on "State of the Union." "You bet."
The two have battled over a 2005 bill that made it more difficult for individuals to file for bankruptcy. Biden backed the legislation, while Warren, then a Harvard professor who was advising the National Bankruptcy Review Commission, testified against the bill, which ultimately passed.
"Sen. Biden was on one side of that fight and I was on the other," Warren said. "And you better believe I didn't hold back."
Warren said she and Biden are still on opposite sides when it comes to financial reform.
Full article:
http://www.cnn.com/2015/10/04/politics/elizabeth-warren-joe-biden-2016-campaign/index.html?eref=rss_topstories
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CNN: Warren outlines differences with Biden (Original Post)
think
Oct 2015
OP
This comes as no surprise. Joe always had "cozy relations with the bank industry".
still_one
Oct 2015
#1
This is why floating that thing about Warren as Biden's VP was always ridiculous. nt
djean111
Oct 2015
#2
still_one
(92,122 posts)1. This comes as no surprise. Joe always had "cozy relations with the bank industry".
http://www.propublica.org/article/bidens-cozy-relations-with-bank-industry-825
In fact many corporations incorporate in Delaware because of specific tax advantages:
"Of course, business the legal kind has been the business of Delaware since 1792, when the state established its Court of Chancery to handle business affairs. By the early 20th century, the state was writing friendly corporate and tax laws to lure companies from New York, New Jersey and elsewhere. Most of the businesses incorporated here are legitimate and many are using all legal means to reduce their tax bills something that most stockholders applaud.
President Obama has criticized outposts like the Caymans, complaining that they harbor giant tax schemes. But here in Wilmington, just over 100 miles from Washington, is in some ways the biggest corporate haven of all. It takes less than an hour to incorporate a company in Delaware, and the state is so eager to attract businesses that the office of its secretary of state stays open until midnight Monday through Thursday and until 10:30 p.m. on Friday.
Nearly half of all public corporations in the United States are incorporated in Delaware. Last year, 133,297 businesses set up here. And, at last count, Delaware had more corporate entities, public and private, than people 945,326 to 897,934.
http://www.nytimes.com/2012/07/01/business/how-delaware-thrives-as-a-corporate-tax-haven.html?_r=0
In fact many corporations incorporate in Delaware because of specific tax advantages:
"Of course, business the legal kind has been the business of Delaware since 1792, when the state established its Court of Chancery to handle business affairs. By the early 20th century, the state was writing friendly corporate and tax laws to lure companies from New York, New Jersey and elsewhere. Most of the businesses incorporated here are legitimate and many are using all legal means to reduce their tax bills something that most stockholders applaud.
President Obama has criticized outposts like the Caymans, complaining that they harbor giant tax schemes. But here in Wilmington, just over 100 miles from Washington, is in some ways the biggest corporate haven of all. It takes less than an hour to incorporate a company in Delaware, and the state is so eager to attract businesses that the office of its secretary of state stays open until midnight Monday through Thursday and until 10:30 p.m. on Friday.
Nearly half of all public corporations in the United States are incorporated in Delaware. Last year, 133,297 businesses set up here. And, at last count, Delaware had more corporate entities, public and private, than people 945,326 to 897,934.
http://www.nytimes.com/2012/07/01/business/how-delaware-thrives-as-a-corporate-tax-haven.html?_r=0
djean111
(14,255 posts)2. This is why floating that thing about Warren as Biden's VP was always ridiculous. nt