Elizabeth Warren's Rise Is a Plus for Issue Politics -- And a Bad Sign for Billionaires

Last edited Sat Jun 15, 2019, 03:43 PM - Edit history (1)

The press is choosing to view it in another light. That will only work for so long

By Matt Taibbi

Back in 2009, I called for Elizabeth Warren to run for president. I may have been the first media figure to do so. This was early in the Obama presidency, when he was beginning to renege on some of his progressive campaign promises (closing Gitmo, drug re-importation, etc.), but more importantly already showing an unwillingness to take on Wall Street after the crash.

Warren, a rare high-finance literate among national politicians, seemed like the person needed to lead an economic reform effort after the crash:

“We need someone … to re-seize the Party from the Wall Street interests that have come to dominate it … [Someone] who will know the difference between real regulatory reform and a dog-and-pony show, and will not be likely to fill a cabinet with bankers from Goldman Sachs and Morgan Stanley.”

I believed that then and now. I’d happily vote for Warren. When she was about to launch her campaign and a string of editorialists came out with pre-emptive broadsides warning she would “not enjoy an easy path” to the nomination because of a “darkening cloud” of controversy around her, I called it out as the cheap Beltway-press manipulation it was.


https://www.rollingstone.com/politics/politics-features/elizabeth-warren-2020-election-issue-politics-bad-billionaires-847816/