Elizabeth Warren Quotes


You know, if you’re caught with an ounce of cocaine, the chances are good you’re going to go to jail. If it happens repeatedly, you may go to jail for the rest of your life. But evidently, if you launder nearly a billion dollars for drug cartels and violate our international sanctions, your company pays a fine and you go home and sleep in your own bed at night, every single individual associated with this. I think that’s fundamentally wrong.


Citations

Warren, Elizabeth. Statement during the Senate Banking, Housing, and Urban Affairs Committee hearing "Patterns of Abuse: Assessing Bank Secrecy Act Compliance and Enforcement." United States Senate, 7 Mar. 2013, Washington, D.C.

Related Quotes

As this quotation demonstrates, this problem has plagued America for a long time. In terms of crimes committed, for example, General Electric Corporation has committed more crimes than any other criminal enterprise, but it thrives despite this and the penalties are seen as just a slap on the wrist when they do get caught but they do not even get prosecuted for many of their crimes like most large corporations and rich individuals who commit crimes. The people who go to jail are usually the lower level or middle level criminals and the kingpins, the ones with the control and the money, rarely even get prosecuted. In the Great Recession, the largest banks in America committed tens of thousands of serious crimes by forging signatures and making false claims on legal documents. Not a single executive ever went to jail or was even given a suspended sentence. The banks paid small fines.


The interesting thing about this quotation is that he himself was a drug addict who illegally used drugs. However, when he finally got caught, the judge didn’t follow is “law and order” ranting. He got off without serving any jail time.


Elizabeth Warren
Elizabeth Warren
  • Born: June 22, 1949
  • Nationality: American
  • Profession: Public Servant

Elizabeth Ann Warren is an American politician and former law professor who is the senior United States senator from Massachusetts, serving since 2013. A member of the Democratic Party and regarded as a progressive, Warren has focused on consumer protection, economic opportunity, and the social safety net while in the Senate. Warren was a candidate in the 2020 Democratic Party presidential primaries, ultimately finishing third.