Tag Archives: Senator Warren

Elizabeth Warren Releases Plan to Rein in Big Tech, Giant Corporations

Sen. Elizabeth Warren, 2020 Democratic candidate for president at rally in Long Island City, NY © Karen Rubin/news-photos-features.com

Senator Elizabeth Warren (D-MA), a declared 2020 candidate for 2020 presidential nomination, came to Long Island City, where local activists rejected Amazon, to propose a plan to rein in big tech and other giant multi-national companies that use their economic power to stifle competition and intimidate government. Here is her proposal — Karen Rubin, News& Photo Features

Today’s big tech companies have too much power — too much power over our economy, our society, and our democracy. They’ve bulldozed competition, used our private information for profit, and tilted the playing field against everyone else. And in the process, they have hurt small businesses and stifled innovation. 

I want a government that makes sure everybody — even the biggest and most powerful companies in America — plays by the rules. And I want to make sure that the next generation of great American tech companies can flourish. To do that, we need to stop this generation of big tech companies from throwing around their political power to shape the rules in their favor and throwing around their economic power to snuff out or buy up every potential competitor

That’s why my Administration will make big, structural changes to the tech sector to promote more competition—including breaking up Amazon, Facebook, and Google.

How the New Tech Monopolies Hurt Small Businesses and Innovation

America’s big tech companies provide valuable products but also wield enormous power over our digital lives. Nearly half of all e-commerce goes through Amazon. More than 70% of all Internet traffic goes through sites owned or operated by Google or Facebook. 

As these companies have grown larger and more powerful, they have used their resources and control over the way we use the Internet to squash small businesses and innovation, and substitute their own financial interests for the broader interests of the American people. To restore the balance of power in our democracy, to promote competition, and to ensure that the next generation of technology innovation is as vibrant as the last, it’s time to break up our biggest tech companies. 

America’s big tech companies have achieved their level of dominance in part based on two strategies: 

  • Using Mergers to Limit Competition. Facebook has purchased potential competitors Instagram and WhatsApp. Amazon has used its immense market power to force smaller competitors like Diapers.com to sell at a discounted rate. Google has snapped up the mapping company Waze and the ad company DoubleClick. Rather than blocking these transactions for their negative long-term effects on competition and innovation, government regulators have waved them through.
     
  • Using Proprietary Marketplaces to Limit Competition. Many big tech companies own a marketplace – where buyers and sellers transact – while also participating on the marketplace. This can create a conflict of interest that undermines competition. Amazon crushes small companies by copying the goods they sell on the Amazon Marketplace and then selling its own branded version. Google allegedly snuffed out a competing small search engine by demoting its content on its search algorithm, and it has favored its own restaurant ratings over those of Yelp. 

Weak antitrust enforcement has led to a dramatic reduction in competition and innovation in the tech sector. Venture capitalists are now hesitant to fund new startups to compete with these big tech companies because it’s so easy for the big companies to either snap up growing competitors or drive them out of business. The number of tech startups has slumped, there are fewer high-growth young firms typical of the tech industry, and first financing rounds for tech startups have declined 22% since 2012. 

With fewer competitors entering the market, the big tech companies do not have to compete as aggressively in key areas like protecting our privacy. And some of these companies have grown so powerful that they can bully cities and states into showering them with massive taxpayer handouts in exchange for doing business, and can act — in the words of Mark Zuckerberg — “more like a government than a traditional company.” 

We must ensure that today’s tech giants do not crowd out potential competitors, smother the next generation of great tech companies, and wield so much power that they can undermine our democracy. 

Restoring Competition in the Tech Sector

America has a long tradition of breaking up companies when they have become too big and dominant — even if they are generally providing good service at a reasonable price. 

A century ago, in the Gilded Age, waves of mergers led to the creation of some of the biggest companies in American history — from Standard Oil and JPMorgan to the railroads and AT&T. In response to the rise of these “trusts,” Republican and Democratic reformers pushed for antitrust laws to break up these conglomerations of power to ensure competition.

But where the value of the company came from its network, reformers recognized that ownership of a network and participating on the network caused a conflict of interest. Instead of nationalizing these industries — as other countries did — Americans in the Progressive Era decided to ensure that these networks would not abuse their power by charging higher prices, offering worse quality, reducing innovation, and favoring some over others. We required a structural separation between the network and other businesses, and also demanded that the network offer fair and non-discriminatory service. 

In this tradition, my administration would restore competition to the tech sector by taking two major steps:

First, by passing legislation that requires large tech platforms to be designated as “Platform Utilities” and broken apart from any participant on that platform

Companies with an annual global revenue of $25 billion or more and that offer to the public an online marketplace, an exchange, or a platform for connecting third parties would be designated as “platform utilities.”

These companies would be prohibited from owning both the platform utility and any participants on that platform. Platform utilities would be required to meet a standard of fair, reasonable, and nondiscriminatory dealing with users. Platform utilities would not be allowed to transfer or share data with third parties.

For smaller companies (those with annual global revenue of between $90 million and $25 billion), their platform utilities would be required to meet the same standard of fair, reasonable, and nondiscriminatory dealing with users, but would not be required to structurally separate from any participant on the platform.

To enforce these new requirements, federal regulators, State Attorneys General, or injured private parties would have the right to sue a platform utility to enjoin any conduct that violates these requirements, to disgorge any ill-gotten gains, and to be paid for losses and damages. A company found to violate these requirements would also have to pay a fine of 5 percent of annual revenue.

Amazon Marketplace, Google’s ad exchange, and Google Search would be platform utilities under this law. Therefore, Amazon Marketplace and Basics, and Google’s ad exchange and businesses on the exchange would be split apart. Google Search would have to be spun off as well. 

Second, my administration would appoint regulators committed to reversing illegal and anti-competitive tech mergers. 

Current antitrust laws empower federal regulators to break up mergers that reduce competition. I will appoint regulators who are committed to using existing tools to unwind anti-competitive mergers, including: 

  • Amazon: Whole Foods; Zappos
     
  • Facebook: WhatsApp; Instagram
     
  • Google: Waze; Nest; DoubleClick
Sen. Elizabeth Warren, 2020 Democratic candidate for president at rally in Long Island City, NY © Karen Rubin/news-photos-features.com

Unwinding these mergers will promote healthy competition in the market — which will put pressure on big tech companies to be more responsive to user concerns, including about privacy.   

Protecting the Future of the Internet

So what would the Internet look like after all these reforms?

Here’s what won’t change: You’ll still be able to go on Google and search like you do today. You’ll still be able to go on Amazon and find 30 different coffee machines that you can get delivered to your house in two days. You’ll still be able to go on Facebook and see how your old friend from school is doing.

Here’s what will change: Small businesses would have a fair shot to sell their products on Amazon without the fear of Amazon pushing them out of business. Google couldn’t smother competitors by demoting their products on Google Search. Facebook would face real pressure from Instagram and WhatsApp to improve the user experience and protect our privacy. Tech entrepreneurs would have a fighting chance to compete against the tech giants. 

Of course, my proposals today won’t solve every problem we have with our big tech companies.

We must give people more control over how their personal information is collected, shared, and sold—and do it in a way that doesn’t lock in massive competitive advantages for the companies that already have a ton of our data.

We must help America’s content creators—from local newspapers and national magazines to comedians and musicians — keep more of the value their content generates, rather than seeing it scooped up by companies like Google and Facebook.

And we must ensure that Russia — or any other foreign power — can’t use Facebook or any other form of social media to influence our elections.

Those are each tough problems, but the benefit of taking these steps to promote competition is that it allows us to make some progress on each of these important issues too. More competition means more options for consumers and content creators, and more pressure on companies like Facebook to address the glaring problems with their businesses.

Healthy competition can solve a lot of problems. The steps I’m proposing today will allow existing big tech companies to keep offering customer-friendly services, while promoting competition, stimulating innovation in the tech sector, and ensuring that America continues to lead the world in producing cutting-edge tech companies. It’s how we protect the future of the Internet.

See: Warren Brings 2020 Campaign to Long Island City to Call for Breaking Up Big Tech, Corporate Giants

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© 2019 News & Photo Features Syndicate, a division of Workstyles, Inc. All rights reserved. For editorial feature and photo information, go to www.news-photos-features.com, email editor@news-photos-features.com. Blogging at www.dailykos.com/blogs/NewsPhotosFeatures.  ‘Like’ us on facebook.com/NewsPhotoFeatures, Tweet @KarenBRubin

Warren Brings 2020 Campaign to Long Island City to Call for Breaking Up Big Tech, Corporate Giants

Senator Elizabeth Warren (D-MA), a declared 2020 candidate for 2020 presidential nomination, came to Long Island City, where local activists rejected Amazon, to propose a plan to rein in big tech and other giant multi-national companies that use their economic power to stifle competition and intimidate government. © Karen Rubin/news-photos-features.com

By Karen Rubin, News& Photo Features

The venue for Senator Elizabeth Warren’s rally was strategic for her message: a former warehouse with dank walls now used for an entertainment space in Long Island City, the neighborhood that booted Amazon, despite its promise to bring 25,000 jobs, in exchange for a $3 billion tax incentive.

The message the declared 2020 Democratic candidate for president brought to the 600 eager supporters was that it is time to break up the high-tech companies that have come to wield out-sized economic power more like government, dictating demands and reclaim government for the people.

“We have these giant corporations — do I have to tell that to people in Long Island City? — that think they can roll over everyone,” she said, comparing Amazon to “The Hunger Game.”

“Giant corporations shouldn’t be able to buy out competition. Competition has to be able to thrive and grow.”

“Who does government work for? Just the richest people and corporations? I want government that works for the people.”

Sen. Elizabeth Warren, 2020 Democratic candidate for president at rally in Long Island City, NY
© Karen Rubin/news-photos-features.com

“I spent whole life wondering what happening to middle class, why so much rockier, steeper, and even rockier and steeper for people of color – what has gone wrong in America.

“Our government works great for giant drug companies, not for people needing prescription drugs; for giant oil companies, not for people who see climate change bearing down; great for payday lenders, not for people of color and communities and poor people who are targeted, whose lives are turned upside down.

“It’s corruption plain and simple and we need to call it out.

“Whichever issue brought you here – income gap, climate change, affordable child care, housing – whatever issue brought you here, I guarantee decisions made in Washington that directly touch – runs straight through corruption in Washington…. We need big structural change.”

Some 600 people turned out for Senator Elizabeth Warren’s rally in Long Island City. “Whichever issue brought you here – income gap, climate change, affordable child care, housing – whatever issue brought you here, I guarantee runs straight through corruption in Washington…. We need big structural change.” © Karen Rubin/news-photos-features.com

Her prescription: change the rules of government, of the economy, of politics:

Where to start? Change the rules of government by taking corruption head on.

“I introduced the biggest anti-corruption bill since Watergate; it’s big, long, complex, but here are a few pieces:

“End lobbying as we know it. Stop the revolving door between Wall Street and Washington; make Supreme Court follow the basic rules of ethics. Anyone who wants to run for federal office, must release their taxes.

“We need workers to have more power, we need stronger unions. Unions built American middle class and will rebuild the American middle class.”

Sen. Elizabeth Warren, 2020 Democratic candidate for president at rally in Long Island City, NY © Karen Rubin/news-photos-features.com

Warren is advocating an ultra millionaire’s tax: imposing 2% tax for those with over $50 million in assets.  That means the top 0.1% -75,000 households. She estimates that would generate $2.4 trillion.

In what sounds like an expansion of Obama’s oft-taken-out-of-context line, “You didn’t build that,” Warren justifies the wealth tax saying, “I’m tired of free loading billionaires. You built (or inherited) your fortune, good for you, but you built it using workers we educated, roads and bridges we paid to build, police – all helped. So yeah, you built a great fortune, so give a little back to the American people (who enabled you).

It’s a property tax, she said, not unlike the property tax that any homeowner, farmer, condo owner all pay, but includes the Picassos, diamonds and yachts.

What would it do? It would fund universal child care, and still have billions left over.

Sen. Elizabeth Warren, 2020 Democratic candidate for president at rally in Long Island City, NY © Karen Rubin/news-photos-features.com

To change the rules of politics and protect our democracy, she said, “I want to see a constitutional amendment to protect the right to vote and make sure every vote gets counted. Overturn Citizens United.” (adding that she isn’t taking any corporate PAC money, but is depending on grassroots donations, ElizabethWarren.com.)

“I don’t go to closed door meetings with millionaires. I’m here with you.”

“My father was a janitor but his daughter got a chance to be a teacher, a college professor, a Senator and a candidate for President of the United States. I believe in opportunity because I’ve lived it. I want an American where every child gets a chance to build a future.

“This is our moment. Dream big. Let’s win.”

She then took questions (the questioners were picked at random):

Senator Elizabeth Warren and State Senator Michael Gianaris, at rally in Long Island City © Karen Rubin/news-photos-features.com

Asked her view of Governor Andrew Cuomo trying to woo Amazon back after local progressives including State Senator Michael Gianaris, who introduced her at the rally,  she said, “This is like ‘Hunger Games’ – it is not just the enormous economic power, but  the political power they wield.

“A handful of companies spend $50 million lobbying Washington – a great return on investment if they get to keep Washington from enforcing regulations, antitrust laws, hold back oversight. That’s not how America is supposed to work. Corporate power… and billionaire power, all those who make their voices heard through money. They fund the think tanks that come to, predetermined conclusions, the public relations firms, the soft ads on TV, controlling government, they tilt the playing field over and over against everyone else.”

She reflected that she went to see Trump being sworn in, and realized that with control of the White House and both houses of Congress, the Republicans could have swept away health care and Medicare “by Tuesday.” “But the next day, there was the biggest protest in the history of the world.”

“I want to rein in big tech. That won’t happen by talking inside the Beltway, but in rooms like this.”

Sen. Elizabeth Warren, 2020 Democratic candidate for president at rally in Long Island City, NY © Karen Rubin/news-photos-features.com

Asked whether her wealth tax would cause billionaires like Trump to simply move outside the US, she quipped, “That would be a bad thing?” but explained the 2% wealth tax would be on all property where it is held, so a yacht in the Caribbean would be taxed.  More tax treaties mean it can be tracked. The IRS (now underfunded and understaffed) would step up enforcement. Even with a 15% cheat factor, you still get nearly $3 trillion in revenue. As for moving and renouncing US citizenship to avoid the tax? There would be a 40% exit penalty.

“You built your fortune here, you owe something to the American people.”

Asked about addressing homelessness and the lack of affordable housing, Warren said, “It’s a matter of values. In the richest country in the history of the world, people shouldn’t be sleeping in the street. I have a plan, a housing plan, but the first step is to diagnose the problem: Why has the cost of housing gone up? Wages, adjusted for inflation for four decades are flat, but housing costs have risen by two-thirds. That puts a squeeze on families.”

She said that over the years, government has withdrawn investment in housing, while private developers have build the more profitable mcmansions and luxury high rises. “There’s been an increase in housing at the top but no increase for middle class and down. The federal government is not making investment in housing for poor, working poor and middle class. Meanwhile, across America, the housing stock has deteriorated, shrinking in size, but the population is expanding, so people are paying more and more for less and less.

“The answer: build more housing. I want to build 3.2 million new housing units all across the country. That would decrease rents by 10%. I want more housing for purchase, so families can build equity over time.

“Housing is how working families have built wealth generation after generation – paying off the mortgage, and living on Social Security, grandma can live with the family, the home passes on wealth to the next generation.

“It is no surprise that for decades, from the 1930s, federal government invested in subsidized housing for white people, but discriminated against blacks. Red lined areas where federal government would block mortgages, so that generation after generation [was deprived of home ownership to build wealth]. In 1960, housing discrimination was legal, while the federal government subsidized whites and discriminated against black neighborhoods. Then, the gap between white and black home ownership was 27 points.

“Then civil rights made housing, voting discrimination illegal, and we see black middle class recover.

“But then the big banks came along – looked to black, brown home owners’ equity. They targeted black and brown people for the nastiest mortgages – Wells Fargo, Bank of America. Greed.

“Today, the gap between white and black home ownership is 30 points. Race matters in America.

“My housing bill has something we haven’t seen anywhere else: in formerly red-lined areas, first time home buyers or those who lost their homes during the housing crash, will get assistance to buy again.”

Sen. Elizabeth Warren, 2020 Democratic candidate for president at rally in Long Island City, NY © Karen Rubin/news-photos-features.com

Asked whether she would support ending the filibuster which the Republican minority used to block progressive legislation during the Obama administration, to block his judicial appointments, even the Merrick Garland Supreme Court nomination, she said (not too coyly): “It’s all on the table, baby. I’m on record for filibuster reform. The Republicans used filibuster to block judicial nominees, the director of the Consumer Financial Protection Board, the National Labor Relations Board. “Republicans get to do what they want when they’re in power, and when we are, we drink a lot of tea. It’s all on the table.”

“I get that things I’m asking for all are hard – attacking corruption, changing the rules of the economy, democracy. I get that some people earn more or less, but everyone should have an equal  share of democracy.”

People, she said, saved the Consumer Financial Protection Board, which she created after the 2008 financial collapse. “The people saved it, and it’s already forced the biggest banks to return $12 billion to the people they cheated.

“I’m calling for big structural change, but you don’t get what you don’t fight for,” she said, citing the abolitionists, suffragettes, union organizers, the foot soldiers of civil rights, gay rights activists. “They were all told, ‘it’s too hard, give up now, and yet, every one of them stayed, fought, organized, persisted [she said to big cheers], and changed. This is our moment to change.

“Dream big, fight hard, and let’s win.”

Sen. Elizabeth Warren, 2020 Democratic candidate for president at rally in Long Island City, NY © Karen Rubin/news-photos-features.com

In an already crowded field of candidates – even the progressive faction – Warren is the only one who has clearly spelled out policy proposals and the underlying rationale, the powerful statistics of growing inequality, that she has studied and worked to change for years to level the playing field, “make government work for you”: campaign finance reform and government reform; housing; tax reform.

 And in this venue, it was fascinating to see how she could be so factual, so academic, but so enthusiastic  and personable, her audience asked for more detail about how she would address the critical shortfall  in affordable housing, even taking her by surprise.

The evening was organized a little like a townhall, with Warren moving freely about a stage in front of a giant American flag, taking questions, and then at the end, offering to stay as long as necessary so anyone who wanted to take a photo with her could get their chance.

See: Elizabeth Warren Releases Plan to Rein in Big Tech, Giant Corporations

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© 2019 News & Photo Features Syndicate, a division of Workstyles, Inc. All rights reserved. For editorial feature and photo information, go to www.news-photos-features.com, email editor@news-photos-features.com. Blogging at www.dailykos.com/blogs/NewsPhotosFeatures.  ‘Like’ us on facebook.com/NewsPhotoFeatures, Tweet @KarenBRubin

Elizabeth Warren Declares Her Candidacy for President

Senator Elizabeth Warren of Massachusetts, at a rally in the mill town of Lawrence, declares her candidacy for President © Karen Rubin/news-photos-features.com

Elizabeth Warren, the senior Senator from Massachusetts, launched her campaign for President in Lawrence, a small mill town which was the site 100 years ago, textile workers, led mainly by women, went on strike to demand fair wages, overtime pay and the right to join a union.  She laid out a platform built on rebuilding the middle class, strengthening democracy, equal justice under law.

Here are highlights from her speech:

A little over 100 years ago, the textile mills in Lawrence employed tens of thousands of people, including immigrants from more than 50 countries.

Business was booming. The guys at the top were doing great. But workers made so little money that families were forced to crowd together in dangerous tenements and live on beans and scraps of bread. Inside the mills, working conditions were horrible. Children were forced to operate dangerous equipment. Workers lost hands, arms, and legs in the gears of machines.

One out of every three adult mill workers died by the time they were 25.

But one day, textile workers in Lawrence – led by women – went on strike to demand fair wages, overtime pay, and the right to join a union.

It was a hard fight. They didn’t have much. Not even a common language. But they stuck together.

And they won. Those workers did more than improve their own lives. They changed America. Within weeks, more than a quarter of a million textile workers throughout New England got raises. Within months, Massachusetts became the first state in the nation to pass a minimum wage law.

And today, there are no children working in factories. We have a national minimum wage. And worker safety laws. Workers get paid overtime, and we have a forty-hour work week.

The story of Lawrence is a story about how real change happens in America. It’s a story about power – our power – when we fight together.

Today, millions and millions of American families are also struggling to survive in a system that has been rigged by the wealthy and the well-connected.

And just like the women of Lawrence, we are ready to say enough is enough.

We are ready to take on a fight that will shape our lives, our children’s lives, and our grandchildren’s lives: The fight to build an America that works for everyone….

Over the years, America’s middle class had been deliberately hollowed out. And families of color had been systematically discriminated against and denied their chance to build some security.

The richest and most powerful people in America were rich, really rich – but they wanted to be even richer – regardless of who got hurt.

So, every year, bit by bit, they lobbied Washington and paid off politicians to tilt the system just a little more in their direction. And year by year, bit by bit, more of the wealth and opportunity went to the people at the very top.

That’s how, today, in the richest country in the history of the world, tens of millions of people are struggling just to get by.

This disaster has touched every community in America. And for communities of color that have stared down structural racism for generations, the disaster has hit even harder.

We can’t be blind to the fact that the rules in our country have been rigged against people for a long time – women, LGBTQ Americans, African Americans, Latinos, Native Americans, immigrants, people with disabilities – and we need to call it out.

When government works only for the wealthy and well-connected, that is corruption – plain and simple. It’s time to fight back and change the rules….

Enough is enough, enough is enough.

[Enough is enough. Enough is Enough, the crowd responds.]

They will say it is “Class warfare” – they’ve been waging class warfare against middle class for decades. It’s time to fight back.

To protect their economic advantage, the wealthy and well-connected have rigged our political systems as well. They have bought off, bullied politicians in both parties to make sure Washington is always on their side, some even try to buy into office..The economy is working great for oil companies, government contractors, private prisons, great for Wall Street banks and hedgefunds, but not anyone else.

Because of Climate Change, our existence is at stake, but Washington refuses to lift a finger without permission from fossil fuel companies. That is dangerous and wrong.

It isn’t just climate change – any other major issue in America – gun violence, student loan debt, crushing cost of health care, mistreatment of veterans, broken criminal justice system, an immigration system that lacks commonsense and under this administration, lacks a conscience. Overwhelming majorities want action – huge crowds march on Washington demanding change, there are letters, phone calls, protests – but nothing happens.

Why? Because if you don’t have money and y9ou don’t have connections, Washington doesn’t want to hear from you.

When government works, only for wealthy and well connected that is corruption plain and simple, and we need to call it out.

Corruption is a cancer on our democracy, and we will get rid of it only with strong medicine, with real structural reform.

Our fight is to change the rules, so that our government, our economy, our democracy work for everyone.

I want to be crystal clear about exactly what I mean:

First we need to change the rules to clean up Washington, end the corruption.

We all know trump administration is most corrupt in living memory – but even after Trump is gone, it won’t do just to do a better job of running a broken system. We need to take power in Washington away from the wealthy and well connected and put it back in hands of people where it belongs.

That is why proposed strongest, most comprehensive anti corruption laws since Watergate.

Examples: shut down the revolving door between Wall Street and Washington; end lobbying as we know it; ban foreign governments from hiring lobbyists in Washington, and make justices of US Supreme Court follow a basic code of ethics.

Ban members of Congress from trading stocks. How is that not already illegal?

And just one more: make every single candidate for federal office put their taxes on line – I’ve done it.

2: Change the rules to put more economic power in the hands of the American people. Workers and small businesses, middle class families and people of color have been shut out of their chance to build wealth for generations. That requires real structural change. Right now, giant corporations in America have too much power, just roll right over everyone else. Put power back in hands of workers. Make it quick and easy to join a union. Unions built America’s middle class and will rebuild America’s middle class.

Make American companies accountable for their action;  raise wages by putting workers into corporate board rooms where real decisions made; break up monopolies when choke off competition; take on Wall Street banks so big banks can never again threaten security of our economy.  And when giant corporations and their leaders cheat customers, stomp out competitors and rob workers, let’s prosecute them.

One more thing: I am tired of hearing that we can’t afford to make real, real investments in child care, college and Medicare for All.  I am tired of hearing we can’t afford to make investments in things that create economic opportunities for families, investments in housing and opioid treatment, that we can’t afford to address things like rural neglect or the legacy of racial discrimination, I am tired of hearing what we can’t afford because it’s just not true.

We are the wealthiest nation in the history of the world. Of course we can afford these investments. But we need a government that makes different choices- choices that reflect our values – stop handing out enormous tax giveaways to rich people and giant corporations. Stop refusing to invest in our children. Stop stalling on spending money, real money, on infrastructure and clean energy and a Green New Deal.

Start asking the people who have gained the most from our country to pay their fair share. And that includes real tax reform in this country, reforms that close loopholes and giveaways to people at the top and an ultra millionaires’ tax to make sure that rich people do their part for the country that made them rich.

3: Change the rules to strengthen our democracy.

That starts with a constitutional amendment to protect the right of every American citizen vote and have that vote counted.

And that’s just the beginning.

Overturn every single voter suppression rule that racist politicians use to steal votes from people of color.

Outlaw partisan gerrymandering – by Democrats or Republicans.

Overturn Citizens United, our democracy is not for sale.

It’s not just elections. Real democracy requires equal justice under law. It’s not equal justice when kids with ounce of pot gets thrown in jail, while bank executive who launders money for drug cartel gets a bonus. We need reform.

It’s not equal justice when for the exact same crime, African Americans are more likely than whites to be arrested, charged, convicted, and sentenced. Yes we need criminal justice reform and we need it now.

We must not allow those with power to weaponize hatred and bigotry to divide us. More than 50 years ago, Dr. Martin Luther King Jr went to Montgomery and warned us of danger of division, how bigotry and race bating used to divide blacks from white Americans so rich people can keep picking all their pockets – that playbook around forever, whether straight against gay, middle class against poor – same – rich and powerful use fear to divide us. We’re done with that. Bigotry has no place in the Oval Office.

This is who we are – we come from different backgrounds, religions, languages, experiences. We have different dreams. We are passionate about different issues, and we feel the urgency of this moment in different ways, but today, today we come together ready to raise our voices together until this fight is won.

Our movement won’t be divided by our differences, it will be united by the values we share. We all want a country where everyone, not just the wealthy, everyone can take care of their families; where every American, not just the ones who hire armies of lobbyists, lawyers, can participate in democracy, a country where every child can dream big and reach for real opportunity and we are in the fight to build an America that works for everyone.

I get it – this won’t be easy – a lot of people with money, power, armies of lobbyists and lawyers, people who are prepared to spend more money than you and I could ever dream of to stop us from making these solutions a reality – people who will say, extreme or radical to demand an America where every American has economic security and every kid has opportunity to succeed.

I say, get ready, because change is coming faster than you think.

[Change is coming, change is coming, the crowd roars.]

This kind of fundamental change will be hard – a lot of people, including some of our friends, will say it’s so hard, it’s not worth trying. But we will not give up. When I was home with my first baby, I had the notion to go to law school. It was a crazy idea, but I persisted. It took some time but eventually I figured out admissions, applications, how to pay tuition, mapped out the 45 minute commute to campus. Weeks out, there was just one more thing: child care.

My daughter Amelia was nearly 2 years old. I looked for childcare but everywhere, I struck out over and over. So down to the weekend before law school would start, I finally found small place with cheerful teacher, play area, nothing smelled funny, I could afford it. But the place would only take children who were dependably potty trained. I looked over at Amelia – 5 days to dependably potty train and almost 2 year old. I stand before you today courtesy of 3 bags of M&Ms and a cooperative toddler.

Since that day – never let anyone tell me that anything is too hard.

How they have tried.

People said it would be too hard to build an agency that would stop big banks from cheating Americans on mortgages, credit cards. We got organized. To date, big banks have paid $12 billion to those they cheated.

When Republicans tried to sabotage the agency, I came back to Massachusetts and then ran against one of them. No woman had ever won a Senate seat in Massachusetts, and people said it would be “too hard” for me to get elected. But we got organized, we fought back, we persisted, and now I am the senior Senator from the Commonwealth of Massachusetts.

So, no, I am not afraid of a fight. Not even a hard fight.

When the women of the Everett Mill walked out from their machines and out into that cold January air all those years ago, they knew it wouldn’t be easy, but they knew what was at stake for themselves and their families, and they weren’t going to tell anyone it was too hard – doubters told abolitionists, the suffragettes, the foot soldiers of civil rights movement, it’s just too hard, but they all, all kept going and they changed the history of America.

Sure, there will be plenty of doubters and cowards and armchair critics this time around. But we learned a long time ago that you don’t get what you don’t fight for. We are in this fight for our lives, for our children, for our planet, for our futures – and we will not turn back.

So here is the promise I make to you today: I will fight my heart out so that every kid in America can have the same opportunity I had – a fighting chance to build something real.

And here’s a big piece of how we’ll get it done: We’ll end the unwritten rule of politics that says anyone who wants to run for office has to start by sucking up to rich donors on Wall Street and powerful insiders in Washington.

I’m not taking a dime of PAC money in this campaign or a single check from a federal lobbyist. I’m not taking applications from billionaires who want to run a Super PAC on my behalf. And I challenge every other candidate who asks for your vote in this primary to say exactly the same thing.
We’re going to keep building this campaign at the grassroots.

Warren tells DNC: ‘This choice is personal. It’s about who we are as a people. It’s about what kind of country we want to be’

US Senator Elizabeth Warren (D-MA) tells the Democratic National Convention “If you believe that America must work for all of us, not just the rich and powerful, if you believe we must reject the politics of fear and division, if you believe we are stronger together, then let's work our hearts out to make Hillary Clinton the next President of the United States!”  © 2016 Karen Rubin/news-photos-features.com
US Senator Elizabeth Warren (D-MA) tells the Democratic National Convention “If you believe that America must work for all of us, not just the rich and powerful, if you believe we must reject the politics of fear and division, if you believe we are stronger together, then let’s work our hearts out to make Hillary Clinton the next President of the United States!” © 2016 Karen Rubin/news-photos-features.com

US Senator Elizabeth Warren (D-MA) addressed the Democratic National Convention in Philadelphia on July 25, 2016. Here is a highlighted transcript:

Thank you, Joe, and thank you to Massachusetts for the great honor of serving as your Senator. Wow! What a night. Michelle Obama. Cory Booker. And we still have Bernie coming up. Bernie reminds us what Democrats fight for every day! Thank you, Bernie!

We are here tonight because America faces a choice, the choice of a new president.

On one side is a man who inherited a fortune from his father and kept it going by cheating people and skipping out on debts. A man who has never sacrificed anything for anyone. A man who cares only for himself — every minute of every day.

On the other side is one of the smartest, toughest, most tenacious people on the planet — a woman who fights for children, for women, for health care, for human rights, a woman who fights for all of us, and who is strong enough to win those fights.

We’re here today because our choice is Hillary Clinton! I’m with Hillary!

For me, this choice is personal. It’s about who we are as a people. It’s about what kind of country we want to be.

I grew up in Oklahoma. My daddy ended up as a maintenance man, and my mom worked for minimum wage at Sears. My three brothers served in the military. The oldest was career, 288 combat missions in Vietnam. The second worked construction. The third started his own business. Me? I got married at 19 and graduated from a commuter college in Texas that cost $50 a semester. The way I see it, I’m a janitor’s daughter who became a public school teacher, a professor, and a United States Senator. America is truly a country of opportunity!

I’m deeply grateful to that America. I believe in that America. But I’m worried. Worried that my story is locked in the past. Worried that opportunity is slipping away for people who work hard and play by the rules.

Look around. Americans bust their tails, some working two or three jobs, but wages stay flat. Meanwhile, the basic costs of making it from month to month keep going up. Housing, health care, child care — costs are out of sight. Young people are getting crushed by student loans. Working people are in debt. Seniors can’t stretch a Social Security check to cover the basics.

And even families who are OK today worry that it could all fall apart tomorrow. This. Is. Not. Right!

Here’s the thing: America isn’t going broke. The stock market is breaking records. Corporate profits are at all-time highs. CEOs make tens of millions of dollars. There’s lots of wealth in America, but it isn’t trickling down to hard-working families like yours. 

Does anyone here have a problem with that? Well, I do too.

People get it: the system is rigged.

So-called experts claim America is in trouble because both political parties in Washington refuse to compromise. Gridlock!

That is just flat wrong. Washington works great for those at the top.

When giant companies wanted more tax loopholes, Washington got it done. When huge energy companies wanted to tear up our environment, Washington got it done. When enormous Wall Street banks wanted new regulatory loopholes, Washington got it done. No gridlock there! 

But try to do something, anything, for working people, and you’ll have a fight on your hands.

Democrats have taken on those fights. Democrats fought to get health insurance for more Americans. Democrats fought for a strong consumer agency so big banks can’t cheat people. We fought, we won, and we improved the lives of millions of people — thank you, President Obama! 

Yes, we won, but Republicans and lobbyists battled us every step of the way. Five years later, that consumer agency has returned $11 billion to families who were cheated. And Republicans? They’re still trying to kill it.

I’m not someone who thinks Republicans are always wrong and Democrats are always right. There’s enough blame to go around. But there is a huge difference between the people fighting for a level playing field, and the people keeping the system rigged. 

Look at Congress since the Republicans took over. Democrats proposed refinancing student loans. And Republicans? They said no! Democrats proposed ending tax breaks for corporations that ship jobs overseas. And Republicans? They said no! Democrats proposed raising the minimum wage. And Republicans? They said no!

To every Republican in Congress who said no: this November, the American people are coming for you!

And where was Donald Trump? In all these fights, not once did he lift a finger to help working people. Why would he? His whole life has been about taking advantage of that rigged system. Time after time he preyed on working people, people in debt, people who had fallen on hard times. He’s conned them, he’s defrauded them, and he’s ripped them off.

Look at his history. Donald Trump said he was “excited” for the 2008 housing crash that devastated millions of American families because he thought it would help him scoop up more real estate on the cheap. Donald Trump set up a fake university to make money while cheating people and taking their life savings. 

Donald Trump goes on, and on, and on, about being a successful businessman, but he filed business bankruptcies six times, always to protect his own money and stick his investors and contractors with the bill. Donald Trump hired plumbers and painters and construction workers to do hard labor for his businesses, then told them to take only a fraction of what he owed or fight his lawyers in court for years.

What kind of a man acts like this? What kind of a man roots for the economic crash that cost millions of people their jobs? Their homes? Their life savings? What kind of a man cheats students, cheats investors, cheats workers?

I’ll tell you what kind of man. A man who must NEVER be President of the United States! And we’ve got the leaders to make it happen: Hillary Clinton and Tim Kaine!

Donald Trump knows that the American people are angry — a fact so obvious he can see it from the top of Trump Tower. So now he’s insisting that he, and he alone, can fix the rigged system.

Last week Donald Trump spoke for more than an hour on the biggest stage he’s ever had. But other than talking about building a stupid wall, which will NEVER get built, really, did you hear any actual ideas? Did you hear even one solid proposal from Trump for increasing incomes, or improving your kids’ education, or creating even one single good-paying job?

Donald Trump has no real plans for jobs or for college kids or for seniors, no plans to make ANYTHING great for ANYONE except rich guys like Donald Trump. Just look at his ideas. Donald Trump wants to get rid of the federal minimum wage. Donald Trump wants to roll back financial regulations and turn Wall Street loose to wreck our economy again.

And Donald Trump has a tax plan to give multi-millionaires and billionaires like himself an average tax cut of $1.3 million –– a year. You’re struggling to put your kids through college, and Donald Trump thinks HE needs a million-dollar tax break!

Trump’s entire campaign is just one more late-night Trump infomercial. Hand over your money, your jobs, your children’s future, and The ­­­­­­Great Trump Hot Air Machine will reveal all the answers. And, for one low, low price, he’ll even throw in a goofy hat.

And here’s the really ugly underside to his pitch. Trump thinks he can win votes by fanning the flames of fear and hatred. By turning neighbor against neighbor. By persuading you that the real problem in America is your fellow Americans — people who don’t look like you, or don’t talk like you, or don’t worship like you. He even picked a vice president famous for trying to make it legal to openly discriminate against gays and lesbians.

That’s Donald Trump’s America. An America of fear and hate. An America where we all break apart. Whites against blacks and Latinos. Christians against Muslims and Jews. Straight against gay. Everyone against immigrants. Race, religion, heritage, gender, the more factions the better.

But ask yourself this. When white workers in Ohio are pitted against black workers in North Carolina, or Latino workers in Florida, who really benefits?

“Divide and Conquer” is an old story in America. Dr. Martin Luther King knew it. After his march from Selma to Montgomery, he spoke of how segregation was created to keep people divided. Instead of higher wages for workers, Dr. King described how poor whites in the South were fed Jim Crow, which told a poor white worker that, “No matter how bad off he was, at least he was a white man, better than the black man.” Racial hatred was part of keeping the powerful on top.

And now Trump and his campaign have embraced it all. Racial hatred. Religious bigotry. Attacks on immigrants, on women, on gays. A deceitful and ugly blame game that says, whatever worries you, the answer is to blame that other group, and don’t put any energy into making real change.

When we turn on each other, bankers can run our economy for Wall Street, oil companies can fight off clean energy, and giant corporations can ship the last good jobs overseas.

When we turn on each other, rich guys like Trump can push through more tax breaks for themselves and then we’ll never have enough money to support our schools, or rebuild our highways, or invest in our kids’ future.

When we turn on each other, we can’t unite to fight back against a rigged system.

Well, I’ve got news for Donald Trump. The American people are not falling for it! We’ve seen this ugliness before, and we’re not going to be Donald Trump’s hate-filled America. Not now, not ever!

I come to you as the daughter of a janitor, a daughter who believes in an America of opportunity. The hand of history is on our shoulders. We know how to build a future, a future that works not just for some of our children, but for all of our children. We know, and we must have the courage to make it happen.

This is about our values, our shared values with our candidates Hillary Clinton and Tim Kaine!

We believe that no matter who you are, no matter where you’re from, no matter who you love, equal means equal. Hillary will fight to make sure discrimination has no place in America. And we’re with her!

We believe that no one, no one, who works full time should live in poverty. Hillary will fight for raising the minimum wage, fair scheduling, paid family and medical leave! And we’re with her!

We believe every kid in America should have a chance for a great education without getting crushed by debt. Hillary will fight for refinancing student loans and debt-free college. And we’re with her!

We believe that after a lifetime of hard work, seniors should be able to retire with dignity. Hillary will fight to expand Social Security, strengthen Medicare, and protect retirement accounts. And we’re with her!

We believe that oil companies shouldn’t call the shots in Washington, that science matters, that climate change is real. Hillary will fight to preserve this earth for our children and grandchildren. And we’re with her!

We believe – and I can’t believe I have to say this in 2016 – in equal pay for equal work and a woman’s right to control over her own body! Hillary will fight for women. And we’re with her!

We believe we don’t need WEAKER rules on Wall Street, we need stronger rules, and when big banks get too risky, break ’em up. Hillary will fight to hold big banks accountable. And we’re with her!

We believe that the United States should never, never, sign trade deals that help giant corporations but leave working people in the dirt! Hillary will fight for American workers. And we’re with her!

And just one more. We believe we must get big money out of politics and root out corruption. Hillary will fight to overturn Citizens United and return this government to the people! And we’re with her!

If you believe that America must work for all of us, not just the rich and powerful, if you believe we must reject the politics of fear and division, if you believe we are stronger together, then let’s work our hearts out to make Hillary Clinton the next President of the United States!