Personal responsibility matters. There are no excuses for those who spend money on things they cannot afford. But it's a whole lot harder to act responsibly when consumer credit contracts are designed to be incomprehensible, when prices are obscure and risks are hidden.
Elizabeth WarrenThe total amount of money that Wall Street handed out in bonuses last year was double the total income of ALL full-time minimum wage workers. That's obscene.
Elizabeth WarrenThe banks lobbied Washington so they could write the rules that got us into this crisis. They then lobbied Washington to get the money to bail them out. And then they are lobbying Washington to write the rules so they can get us into the next crisis. It's perfect circularity.
Elizabeth WarrenI don't like credit cards. They make overspending very easy. They can make life a lot more complex and stressful.
Elizabeth Warren