Elizabeth Warren is one of the few politician that have not been bought and paid for by the financial industry in America and she questioned this president of Primerica as he was brought to testify against government regulation of his crooked industry. Republicans were hoping this guy could look good speaking in front of a committee discussing more regulation that is needed to stop the destruction and influence of the financial sector in this country and around the world.
This industry pushes governments around the world with their insane profits and ability to corrupt and cheat the systems to get their agendas and laws in order over the benefit of the public in general. On Tuesday, Senate Republicans invited Primerica President Peter Schneider to testify against proposed regulations that would protect retirement savings from sketchy financial schemes — and it didn’t take long before he wished they hadn’t. Elizabeth warren came out and gave this a bunch of questions where his answers didn't measure up and showed how this industry misleads people to gain income for themselves while giving bad advice that typically hurts people who seek their advice. Ms Warren went o to press this jag and asked " Mr. Schneider, I just want to understand your company’s advice in these cases,” she said. “Do you believe that people like these firefighters from Florida who are near retirement and have secure pensions with guaranteed monthly payments, should move their money into riskier assets with no guarantees, just before they retire?”This shit Schneider avoided the answer three times and was ridiculed for his presentation all over the internet.
Make no mistake that Ms Warren would make a good president and is perhaps wall Streets biggest fear as she could really and readily go after these jack asses for the crimes they have committed against the citizens and people of the United states of America. Jackasses nobility folks like this Schneider are not accustomed to having a politician question their policies and procedures that bamboozle and swindle retires out of their money by encouraging them to divert their pensions to riskier funds that are intended to skim off the top mucho dinero for themselves while leaving these dim-witted fools to ask what happened to their retirement funds. People need to learn to stay away from financial companies and leave your fucking money in a government managed fund whose motives for managing the money is not to creat profit for a small class of privately owned companies. These companies are only able to survive because they have managed to fund politicians in the past and battle regulation that would stop these casino practices and obvious theft of old peoples money they have earned and received pensions.
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