Don’t you just love it when these righteous ideologues tell us how bad we are to want a few extra jingles in our pockets and not “spread the wealth around?” Meanwhile our little chieftain managed to come from her humble beginnings and become a millionaire.
In her 2014 autobiography, Warren wrote of the events that precipitated the financial crisis that “everyone seemed to have a story about someone they knew who was getting rich by flipping houses.” She omitted a crucial one.
Before the crash that she blamed on speculators, Senator Elizabeth Warren made a bundle by flipping houses.
Warren bought and sold at least five properties for profit at a different time in her life, before the cratering economy and a political career made her a star.
Nearly two years after Veo Vessels died, her daughter, 70-year-old Mary Frances Hickman, decided to sell the home her mother had left to her. A sprawling brick house in Oklahoma City’s historic Highland Park neighborhood, it was built in 1924, just a year after Mary’s birth.“It was really, really nice,” says Hickman’s granddaughter, Andrea Martin. That’s part of the reason she’s so surprised her grandmother sold the home in 1993 for a mere $30,000.
The home’s new owner: Elizabeth Warren, today a Massachusetts senator who has built a political career on denouncing the sort of banking titans and financial sophisticates who make a buck off the little guy. Five months after purchasing Veo Vessels’ old home, Warren flipped the property, selling it for $115,000 more than she’d paid, according to Oklahoma County Property Assessor records.
Warren rose to political prominence in the wake of the 2008 financial crisis as a crusader against big banks and a dispenser of common-sense economic advice. She campaigned for the creation of the Consumer Financial Protection Bureau, intended to shield people from the predation of the mortgage and credit-card industries, among others.
In her 2006 book All Your Worth, co-authored with her daughter, Amelia, Warren lists as a top myth the idea that “you can make big money buying houses and flipping them quickly.” She has made a career out of telling people how to behave in financially responsible ways, and out of creating laws that will make it illegal for them to do otherwise.
The Boston Herald reported on these purchases during Warren’s Senate run in 2012, noting that she invested in “the often topsy-turvy real-estate market of the 1990s” and that her actions “don’t seem to square with her public statements about the latest real estate boom and bust.”
Her life story has been the subject of much interest, and her 2014 memoir, A Fighting Chance, chronicled her rise from humble beginnings in small-town Oklahoma and her struggle to make ends meet. It didn’t much mention, though, the early 1990s, years when her children were teenagers and she was once again happily married. These are years when she wasn’t yet the multimillionaire she is today, and, she has said, she was voting Republican.
More at National Review
February 18, 2022 at 6:58 am
[…] Fauxcahontas Warren flipped houses, was a GOPer, became a multimillionaire first […]
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January 16, 2020 at 5:47 am
[…] Warren flipped houses, was a GOPer, became a multimillionaire first bunkerville.wordpress.com/2016/05/28/fau… via… twitter.com/i/web/status/1… […]
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February 6, 2017 at 7:50 am
[…] she berates those who make a few bucks playing the game, it turns out she can play it as well. Fauxcahontas Warren flipped houses, was a GOPer, became a multimillionaire first. The irony cannot be lost that after research, her great-great- great-grandfather was indeed not […]
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May 30, 2016 at 1:22 pm
Hi Bunker…..
Just a quick visit to ask you if you have heard from our Venezuela friend? I have not. For obvious reasons he keeps coming across my mind.
Hope all is great with you!
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May 30, 2016 at 1:26 pm
Same here. Doubt he even has internet. Saw he put up snowflakes on his blog around Christmas so he may be afraid to write. Hope all is well with you too friend. Sorry not to see you bloggiing. Much peace.
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May 29, 2016 at 9:06 pm
The shame lies squarely on the voters who place no value on honesty, decency, good citizenship and just plain old fashion garden variety right and wrong. The story of her dishonest journey is a mere bag of shells compared to the more than equally dishonest, immoral, brutally inhuman and sometimes murderous journey of her sister in arms Hillary; another shameful blot on the American voter upon whose shoulders her and the other anti-americans endurance squarely sits. How pathetic we are.
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May 29, 2016 at 10:51 pm
One wonders what it takes for them to knowingly look into the camera and know what they are saying is pure nonsense. They forget now that there are clips of previous statements that can be trotted out at will
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May 28, 2016 at 3:10 pm
This was a bit of an issue on local talk radio when she was running against Scott Brown but the left did not care. Of course the MSM did not cover it so maybe many liberals did not even know about it. It never gained any traction nationally at that time but now that she is a national figure maybe people will start to realize she is not who she claims to be.
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May 29, 2016 at 10:49 pm
I wasn’t aware of this, but I am sure Trump will make good use of it if she breeches once more.
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May 28, 2016 at 10:41 am
Their motto:
Do as I say, not as I do; one set of rules for me, a different set of rules for you.
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May 28, 2016 at 10:42 am
Let them eat cake is another adage that comes to mind. I will be so happy when this year is out. I should be careful what I wish for.
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May 28, 2016 at 10:48 am
Yes, we should be very careful. We so badly wanted Boehner gone, but his successor is just as bad, maybe worse.
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May 28, 2016 at 10:53 am
Funny you say that. My exact thoughts. Not maybe. At least the drunk kept his mouth shut.
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May 28, 2016 at 9:32 am
[…] Source: Fauxcahontas Warren flipped houses, was a GOPer, became a multimillionaire first […]
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May 28, 2016 at 9:40 am
Thanks again.
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May 28, 2016 at 9:32 am
She’s a horrible, horrible person.
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May 28, 2016 at 9:39 am
Despicable they do one thing and talk something else.
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