Preview: Elizabeth Warren on Fighting Back Against Wall St. Giants

In Oklahoma, Sen. Elizabeth Warren (D-MA) and her brothers grew up in “an America that invested in kids like us and helped build a future where we could flourish.” But, as she writes in her memoir, A Fighting Chance, “Today the game is rigged – rigged to work for those who have money and power… The optimism that defines us as a people has been beaten and bruised. It doesn’t have to be this way.”

Warren, a former Harvard Law School professor, is an expert on how Wall Street and the banking industry are destroying the middle class. She’s put that knowledge to powerful use on Capitol Hill, rapidly becoming the most authoritative and articulate voice of the Democratic Party’s progressive wing. Many are urging her to run for president.

Before returning to Washington for the start of Congress, Sen. Warren talks to Bill this week about the problems facing middle class Americans. “The rich and powerful have lobbyists and lawyers and plenty of friends in Congress; everybody else, not so much,” she told the Netroots Nation conference in July. “So the way I see this, is we can whine about it. We can whimper about it. Or we can fight back. I’m fighting back.”

Senator Elizabeth Warren has authored or co-authored 10 books and is credited with envisioning and developing the Consumer Financial Protection Bureau, which came into being with the passage of the Dodd-Frank banking reform bill. She was chair of the TARP Congressional Oversight Panel during the recent financial meltdown and senior advisor to the National Bankruptcy Review Commission.

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  • Strawman

    I’m looking forward to Bill asking Senator Warren how she can square her battles with entities (Wall Street banksters) whose aims include those which closely correlate with her own, that of full-throated support for Israel’s policies vis-à-vis the Palestinians.

  • Anonymous

    Had full support for her until she came out in support of sending more arms to Israel to kill those voiceless defenseless people who are trying to “fight back”. I’m very disappointed in her!

  • Rich

    I just read that. It is disturbing.

  • Anonymous

    While that is disturbing…I must say we should all be careful to “not throw the baby out with the bath water”.
    I for one am glad to have one smart, strong female on “our” side.

  • Jim

    Elizabeth Warren is more than a one trick pony. Some may not like her stand on the Israel Palestine question, but as the old saying says “You can please some of the people some of the time, but you can not please all the people all the time”. Someone like Senator Warren needs to be “judged” as a whole, not on a single issue, which as with all issues have two sides.

  • lostinbago

    I’ve never seen a politician that I could agree with 100%, but she and Sanders and a couple others put the rest of the military/corporate paid lackeys to shame

  • evan

    I think you’re right. It’s vital for the victims of ruthless violence to fight back. Civilians who have had rockets and mortar shells raining down on them for years. Suffering from bombs in clubs, cafe’s, and public buses. Oh wait, you meant hamas??

  • evan

    Excellent. Keep reading. Read about the daily attacks on civilian targets that have been happening for years. Rockets, suicide bombs, mortars. Then ask yourself, if one side stopped it’s violence, would the other side? Also ask yourself which side offered citizenship and peaceful coexistence to the other side.

  • allen

    Ms Warren is correct and is the only politician in position to hold the banks accountable for their actions. However, in Ms Warren’s state of Mass., the courts let MERS and the banks off the hook. After courts in New York had determined that the 67 million transactions put into the system by MERS and associates was illegal, courts in Mass. ruled that it would be a “hardship” on the banks and result in higher lending rates for borrowers if the banks were made to void the transactions. Read about Government Sanctioned Racketeering.

  • Strawman

    I’ve long had hopes for and even cheered Ms. Warren. Subsequent concern about her joining the mainstream duopoly on AIPAC’s bandwagon is, in my opinion, of wider consequence than can be dismissed as mere single-issue griping.

    I still have hopes for the senator. Which is why I expressed a wish for Bill’s question. If you’d rather not know, well, I understand.

  • Donna Mattingly

    I agree that a politician has to be judged by their every action, so I write and ask why. Sometimes I even get an answer that is more than prevaricating, we’ll see. At any rate, overall I would take Ms Warren over nearly any other pol out there, perhaps excepting Bernie Sanders…..

  • Anonymous

    I don’t agree with everything Obama does. I don’t agree with everything Liz Warren does. I don’t agree with everything I do. But I’ve got to say that I agree with Liz and Bernie about 1000 times more than most of the other senators. She’ll be on Letterman tonight 9/3/14.

  • ginarnold

    Is it just me, but all I get is 32 sec and find no “full episode”?

  • moderator

    To the Community,

    Please remain on the topic at hand. If you cannot, your comments will be removed.

    Thank You,
    Moderator

  • moderator

    ginarnold,

    This is a preview of this week’s episode. Please tune in for the full interview.

    Thanks,
    Moderator

  • ginarnold

    Gracias!

    gin

  • Anonymous

    The litmus test for any politician must be how rebuild our working class families in the face of automation and outsourcing? With the US loss of its political/economic core, international posturing should be the least of our concerns.

  • Julia Milazzo

    I got an e-mail saying that there would be a discussion with Elizabeth Warren and Paul Krugman live-streamed tonight. Does anyone know if this will also be televised?

  • Justin King

    Conservatives are so terrified of Warren that they simply call her a “Commie”, then quickly change the subject. You see this on Fox & Limburger alot.
    She can never be President with this stand, but she has to keep up this truth until she can land a show of her own somewhere : MSNBC ??

  • Dan Peterson

    Mark Twain wrote 110 years ago in his fictional “Outlines Of History:” “But it was impossible to save the Great Republic. She was rotten to the heart. Lust of conquest had long ago done its work; trampling on the helpless abroad had taught her, by natural process to endure with apathy the same at home; multitudes who had applauded the crushing of other peoples liberties, lived to suffer for their mistake in their own persons.The government was irrevocably in the hands of the prodigiously rich and their hangers-on, the suffrage was a mere machine, which they used as they chose. There was no principle but commercialism, no patriotism but the pocket.”