Jim Hightower on Elizabeth Warren: Inside Outsider Takes On Wall Street

http://www.opednews.com/articles/An-Inside-Outsider-Takes-O-by-Jim-Hightower-100407-344.html

April 7, 2010 at 18:28:13

An Inside Outsider Takes On Wall Street

By Jim Hightower

Wall Street banksters -- who could possibly love them?

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(Democrats at least publicly scolded the Wall Street chieftains, while such Republican bosses as Rep. John Boehner of Ohio and Sen. John Cornyn of Texas have turned public dismay into disgust by openly blowing kisses to the disgraced bankers. Boehner and Cornyn have been pledging that their party will keep fending off legislative restrictions on executive pay if Wall Street would only show a little return love in the form of more campaign cash for GOP coffers.)

Good grief, is there no sanity, no smidgen of integrity? Are no public officials on our side?

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Meet Elizabeth Warren. She heads an independent agency that Congress set up in 2008 to monitor and report on the government bailout of Wall Street -- and the main thing you need to know about her is that the big-shots of finance despise her. Now that's refreshing!

Warren doesn't play the smooth insider game of Bohner, Cornyn, Timothy Geithner and Larry Summers. She doesn't because she's not a Wall Street insider. "Dang gummit," she says in her native Oklahoma twang, "somebody has got to stand up on behalf of middle-class families."

While she doesn't have the power to reform the Street's ingrained culture of greed, she can shine a light on it -- and she has been a fearless and tenacious griller of Gucci-clad bankers and weak-willed regulators. Her admiring husband describes her as a grandmother who can make grown men cry.

Coming from a working-class family, Warren knows first-hand what it is to face financial crisis (including foreclosure) and to feel the crushing power of uncaring banks. "I learned early on what debt means, how vulnerable it makes people," she told The New York Times last month. At age 16, she won a debate scholarship to college, then worked her way into law school and ultimately became a leading authority on bankruptcy.


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It is just a damn shame that so few people in elected government have the morality of Elizabeth Warren. She is all about protecting the needs of the people, over the needs of the powerful and selfish.

Said it here before:

ALL OUR INSTITUTIONS ARE FAILING US BECAUSE THEY ARE ALL RUN BY SOCIOPATHS.

Elizabeth has the sense of decency and fairness of most of us average Americans. It would be nice if we the people had at least one advocate of her character in government somewhere!

-90% Jimmy

she is exceptional!

:loveya:

I would love to see her in a position of real power, though I doubt it will ever happen

http://blog.affil.org/2010/04/webinar-followup/

On Tuesday, we hosted a successful webinar with Professor Elizabeth Warren and AFR Director Heather Booth. Thanks to everyone who was able to join us for this exciting online event! We had a great conversation and had tons of thoughtful questions asked by the audience. We’d like to continue that discussion online. If you have remaining questions, feel free to post them in the comments section of this post or in the discussion section of our Facebook page.

If you missed it or would like to share the webinar with your friends, you can click above for a recording.

FINANCIAL REFORM!!

a lot since I first became aware of her. I'm simply blown-away at her grasp of the current financial situation. She should be Secretary of Treasury instead of Geithner.