Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Bloomberg: Warren Will Bring Back USSR, Bank Regulation
Posted
October 23, 2012
Views
59,587
Likes
1,480
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Engagement
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October 23, 2012
59,587
1,480
463
3.26%
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9:20Now Playing"New York City Mayor Michael Bloomberg explained Friday why he is supporting Sen. Scott Brown (R-Mass.) over Democratic challenger Elizabeth Warren, invoking "socialism" and the Soviet Union in the process.
In a wide-ranging interview with the New York Times published Sunday, Bloomberg defended his support for Brown, citing the senator's tough stance on concealed weapons.
"What I've tried to do is find liberal middle-of-the-road Republicans and Democrats," Bloomberg said. "In the Senate, Scott Brown, who single-handedly stopped the right-to-carry bill. You can question whether he's too conservative. You can question, in my mind, whether [Warren is] God's gift to regulation, close the banks and get rid of corporate profits, and we'd all bring socialism back, or the U.S.S.R."
Bloomberg continued: "Now, I don't have to agree with [Brown] on a lot of other things, although he's certainly no crazy right-wing -- he's just more conservative than I am -- but here's a guy that really made a difference, and if we don't support people like that, nobody's going to take risks."* Cenk Uygur explains Bloomberg's motivations to stop Elizabeth Warren from regulating banks and closing the private equity loopholes he depends on.
*Read more from Millie Reilly/Huffington Post:
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