General Discussion
In reply to the discussion: I wish the President would just stay on vacation until January 1st... [View all]stuffmatters
(2,580 posts)Last edited Wed Dec 26, 2012, 09:45 PM - Edit history (1)
I've never been a believer in the "great man/woman" theory of history, but I do believe that Obama and Geithner and all
of the Wall Streeters (including Wall Street) fear Elizabeth Warren. Granted Obama brought her to DC in the first place, and I greatly admired him for that. But there was a point where she became uncomfortable for him. And Geithner really, really wanted her
to go away. It's not just that she understood how the economy works, and could see through all of their scams and dodges, no matter how arrogantly presented and condescendingly they treated her questioning. (and she put up with plenty of that) Her power is that she is so persistent a fighter for the middle class, and that she can translate all their financial obfuscations and
deliberate mystifications into plain language that ordinary people can easily understand. She has plain values, she speaks plain English, and she delivers plain explanations for these complex financial woes created by our financial elites.
She will be the economic "translator in chief" for the middle class in all issues that come up in Congress.
The pressure of Elizabeth Warren impending arrival is that she not only promises to fight for the middle class but she brings a lifetime of financial knowledge to educate the middle class about how and what they should be fighting for.
Obama often waffles between representing Wall Street interests over Democratic and middle class voters. Elizabeth Warren never
has abandonned her lifelong commitment to middle class financial struggles. And when Warren speaks, no one questions the accuracy of her explanation. Imagine, for example, how quickly the Chained CPI discussion would have been challenged and eliminated by
mainstream Dem Congresspeople and perhaps the MSM if Warren had "translated " it upon presentation.
That's going to be the New Washington once Warren arrives.