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Elizabeth Warren Stunned To Learn Jos. A. Bank Is Not A Bank

(AP Photo/Andrew Harnik, File)

(AP Photo/Andrew Harnik, File)

BOSTON In laying out her plan for financial reform, Massachusetts Senator Elizabeth Warren railed against what she called “Wall Street fatcats” and predatory lenders within the mortgage industry. In a Facebook post dated April 14, Warren told her followers that President Obama would likely veto newly introduced bills designed to scale back protections put in place after the housing meltdown.

One institution that appeared in her overhaul platform raised several eyebrows:  Jos. A. Bank. For the uninitiated, Jos. A. Bank is not a bank. It is not connected to the mortgage lending industry at all. Jos. A Bank is a popular men’s clothing retailer.

Warren, the sponsor of 19 Senate bills and a member of the Senate Committee on Banking, Housing and Urban Development, was stunned to learn that the clothing store appeared within her financial overhaul outline. Reaction was swift and predictably divided among party lines.

Florida Senator Marco Rubio, the latest entrant into the GOP race for the White House remarked, “I guess it’s an easy mistake to make when you’re part of the generational politics that we need to get away from. Hillary Clinton wants to take us back to yesterday, and her political sister Senator Warren doesn’t know what’s going on today. I’ll lead us into tomorrow”, Rubio reportedly stated.

“When you turn out to be one of Obama’s Harvard-educated crony elites,” remarked former Alaska Gov. Sarah Palin, “so vastly out of touch with the real America, it shouldn’t come as a surprise that a woman who’s supposably in charge of a banking commission is so far removed from our nation’s hard-working Americans, that she doesn’t know a clothing store isn’t the same thing as a financial institution.”

“Senator Warren’s commitment to financial reform and her fierce advocacy for consumer protection is unwavering,” said a press release. “The inclusion of a non-banking entity within her reform platform’s outline was the result of an editing oversight, and not a factual error on the Senator’s part in any way.”

In a related matter, Lender’s Bagels do not appear to be in Warren’s crosshairs.

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