Ahead of her Saturday night town hall on Chicago’s North Side, Democratic presidential candidate and Massachusetts Sen. Elizabeth Warren received the endorsement of 10-term U.S. Rep. Jan Schakowsky of Evanston.

Schakowsky, a member of House Speaker Nancy Pelosi’s leadership team, said in a statement she first got to know Warren when she proposed creation of the Consumer Financial Protection Bureau.

“But she didn’t just come up with the idea,” Schakowsky said. “She turned it into reality. She convinced newly elected President Barack Obama to embrace it. She helped organize a public groundswell of voters to support it. She led the battle to convince Congress to pass it. Then she was asked by President Obama to set it up and staff it.”

Schakowsky said if Warren could do that as an unelected official, “think what she will do as president of the United States.”

More at https://www.msn.com/en-us/news/politics/ahead-of-a-chicago-rally-democratic-presidential-candidate-elizabeth-warren-gets-endorsement-from-rep-jan-schakowsky/ar-BBXzHYM

Presidential hopefuls Elizabeth Warren and Bernie Sanders want to tear up your student loans and set you financially free. That's popular among voters – especially those struggling to pay off this debt. Other Democratic candidates have more modest plans. But economists say the dramatic proposals from Sanders and Warren to free millions of Americans from the burden of student debt could boost the economy in significant ways and help combat income inequality.

... "In the short term, it would be very positive for the housing market," says Lawrence Yun, the National Association of Realtors chief economist. He says his group's surveys show that student debt has people delaying home ownership by 5 to 7 years.

He's not endorsing any particular plan, but he estimates that broad loan forgiveness would push up the number of home sales quite a bit. "Home sales could be say 300,000 higher annually if people were not saddled with large student debt." Yun says that would be, "a boost to the housing sector as well as the economy.

The effects would go beyond the housing market. William Foster is a vice president with Moody's, which just did a report on student debt forgiveness. "There've been some estimates that U.S. real GDP could be boosted on average by $86 billion to $108 billion per year," which is "quite a bit" he says. "That's if you had total total loan forgiveness." Foster says it wouldn't have to be total forgiveness to see significant results. And he says it could also help address rising income inequality.

"Student loans are now contributing to what's perceived as lower economic prospects for younger Americans," Foster says. After all — millions of people are delaying home-ownership. And that's the most powerful way for most working and middle class people to build wealth. "A typical homeowner has net worth about $230,000, while a typical renter has only $5,000," Yun says...

https://news.wgcu.org/post/economists-say-forgiving-student-debt-would-boost-economy

https://twitter.com/ewarren/status/1198750444442415104

Abigail Disney, the heiress to the world-renowned entertainment firm, has endorsed the proposed wealth tax from Democratic presidential candidate Sen. Elizabeth Warren, slamming the wealthy people that are fighting the policy as “idiots.”

Speaking to CNBC’s Karen Tso Thursday, Disney criticized those opposing the proposal to protect their own fortunes.

“If you have a billion dollars and (you’re worried you won’t) make a hundred million dollars a year just by sitting on your couch at home, truthfully you’re kind of an idiot,” she said. “Money just makes money. It’s one of the hardest things in the world not to let it grow.”

She added it was “really important” to make the public aware that the ultra-wealthy would not have their spending power dented by Warren’s taxation manifesto.

“If it’s a 2% (or) 3% tax, it will in no way inhibit first of all, your buying power, and second of all, the growth of your buying power,” Disney claimed. “So I don’t understand what the hesitation is around a wealth tax, because it in no way encumbers a person who is already so far past being able to spend that money that could be so much better used.”

More at https://www.cnbc.com/2019/11/22/disney-heiress-endorses-elizabeth-warrens-wealth-tax.html

It starts at 1:33:30; the whole speech is really worth watching:
https://twitter.com/BassBassriley/status/1197739155079487489
Coverage from the Boston Globe here including the in-speech protest by a Walton family-backed charter school group:

https://www.bostonglobe.com/news/politics/2019/11/21/elizabeth-warren-honors-black-women-speech-disrupted-pro-charter-school-protestors/obUo8Zm70GV3BVK5tbJ8wM/story.html

Former vice president Joe Biden

Grade: D

Biden was the Admiral Stockdale of this debate: who is he and what is he doing here?

Who he is, of course, is the national Democratic frontrunner and the former vice president. But he ended up being a total non-factor in this debate and did nothing to stop the bleeding on his early state poll numbers or his campaign cash.

Biden constantly makes the argument he is the best Democrat to be on the debate stage with Donald Trump. However, he has yet to have a good debate, and in every debate he said something that was just weird, or he had a bad moment.

In Wednesday night’s debate, he was unsteady. He said he had the endorsement of the only African-American woman who was ever elected to the Senate. But there was a second African-American woman elected to the Senate — Kamala Harris — and she was standing on the stage with him.

Then there was his repeated use of the word “punching” when speaking about domestic violence.

Yikes.

https://www.bostonglobe.com/news/politics/2019/11/20/scorecard-grading-debate-performance-democratic-candidates/AFNnlHviWCbvGzoOdp0CmM/story.html?s_campaign=breakingnews:newsletter

... In an era of nationalized elections, and at a moment when President Trump dominates the political conversation like no one before him, Warren’s campaign has turned to an old maxim favored by former Speaker Tip O’Neill (D), another Massachusetts politician: All politics is local.

Warren and her campaign have weighed in on dozens of local issues, from Pacific Gas & Electric’s move to cut off power to hundreds of thousands of California residents amid the threat of wildfire to a Minnesota oil pipeline, from abortion bans in South Carolina and Alabama to voter purges in Ohio and Georgia.

...Campaign manager Roger Lau makes a habit of calling local officials across the country every day, asking what issues are driving the conversation in their backyards.

“Our campaign is building a grassroots movement from coast to coast, and that means meeting people where they are on the issues they care about,” said Alexis Krieg, a Warren spokeswoman. “Sen. Warren isn’t waiting until she’s in the White House to make change — she’s doing it right now by throwing her support behind local issues that will help put power in the hands of the people.”

Warren’s involvement in local issues has even forced some of her leading rivals to join her, lest they risk being seen as behind the curve...

...The breadth of Warren’s interventions stands out. In New Hampshire alone, her campaign has filed an affidavit in court supporting an American Civil Liberties Union lawsuit against a state law that would block college students from voting; editorialized about a plastics factory that risked contaminating ground water; praised the state’s decision to allow people to choose nonbinary gender identifications on driver’s licenses; and congratulated a nursing center’s employees who voted to unionize.

Elsewhere, Warren has criticized a New Jersey school district that wanted to ban students with lunch debt from attending other activities. She tweeted her support for a California ballot measure to increase property taxes to pay for public schools. And she opposed legislation in New York that would have made it more difficult for minor parties like the Working Families Party to get ballot access...

https://thehill.com/homenews/campaign/470398-warren-goes-local-in-race-to-build-2020-movement