Democrats Tried To Shut Elizabeth Warren Up So She Fought Them Even Harder

Elizabeth Warren citigroup

The talking point that Elizabeth Warren is the new Ted Cruz came from Democrats. Warren responded to this attempt to shut her up by fighting the Wall Street Dems twice as hard.

A senior House Democratic aide told MSNBC that Sen. Warren is the new Ted Cruz,

“She is the Ted Cruz of the Democratic Party,” one senior House Democratic aide complained, comparing Senator Warren to Senator Ted Cruz’s hard line tactics last year when he led a caucus of House Republicans to shut down the government in an effort to defund Obamacare.

“[Sen. Warren is] the purist who may stand on principle, but refuses to be part of the governing majority,” the aide added.

The of comparison of Warren to Cruz was an attempt to marginalize her with fellow Democrats. While Ted Cruz appears to be only motivated by self-interest, Elizabeth Warren isn’t being driven by a run for the White House. Warren cares deeply about how Wall Street wrecked the economy. She fights every single day to make sure that it doesn’t happen again. Sen. Warren isn’t some liberal ideologue. She is a Democrat who has serious policy differences with some members of her own party.

After Democrats had tried to turn her into the new Ted Cruz, Warren didn’t go sit in the corner with her mouth closed. The senator from Massachusetts didn’t go along to get along. She responded by fighting even harder for what she believes in.

Video:

Warren took to the Senate floor and called out Democrats, Republicans, and Citigroup,

Enough is enough with Wall Street insiders getting key position after key position and the kind of cronyism we have seen in the executive branch. Enough is enough with Citigroup passing 11th hour deregulatory provisions that nobody takes ownership over but that everybody comes to regret. Enough is enough.

Washington already works really well for the billionaires and big corporations and the lawyers and lobbyists. But what about the families who lost their homes or their jobs or their retirement savings the last time Citi bet big on derivatives and lost? What about the families who are living paycheck to paycheck and saw their tax dollars go to bail Citi out just six years ago? We were sent here to fight for those families, and it’s time – it’s past time – for Washington to start working for them.

The big winner in the government funding deal wasn’t President Obama or the Republicans. It was Elizabeth Warren. Sen. Warren fought for what she believed in, and liberals in the House and Senate stood with her. As has been mentioned before, members of the Hell No caucus like Warren and Bernie Sanders are gaining in power, and the one thing that these liberal leaders all have in common is that when anyone tries to silence them, they push back harder and louder.

Wall Street Democrats may have won the battle over the government funding bill, but liberals like Elizabeth Warren are watching their ranks swell as an underpaid and ignored group of Americans are making their voices heard.

51 Replies to “Democrats Tried To Shut Elizabeth Warren Up So She Fought Them Even Harder”

  1. If Liz Warren is wrong, what about FDR, Edward Kennedy, Howard Metzenbaum???

    Democratic Party needs to get off the little white powder called Neoliberalism.

  2. Yesterday both Democrats, Republicans, and President Obama sold America to Wall Street, Koch Brothers, and 572 Billionaires, including Bill Gates. They now can come after our pensions, savings, land, and even our guns. 90% of us have less money than we did before the recession, plus poverty and homelessness at new highs and children suffering and voted to cut services to those in need even more.. more food cuts.
    If this is the best you can do for the American people, you all should be fired. Next you will vote for the trade agreement TPP – that will allow Multinational Corporations to rule the world. STOP – you are killing us.

  3. Being compared to Cruz is an insult to Warren. Warren is passionate about fixing a “rigged” system that favors the Wealthy. Cruz favors the status quo as it is. Cruz lies, cheats, steals, manipulates, and schemes for his person benefit.

    Warren is straight forward and tells it like it is! I have written a letter to Obama to let him know how angry I am that he, the Dems, and the Repubs threw everybody over a cliff except Wall Street and the Wealthy.
    Yet, they scratch their heads and wonder why they lost. This is why: the Dems take their base for granted, the GOP don’t.

  4. Zooming out for a bit more context and a different way of looking at it:
    http://immasmartypants.blogspot.com/2014/12/did-cromnibus-kill-wall-street-reform.html#

    “My suspicion is that Republican leadership threw it in knowing that progressive Democrats would react by joining with tea partiers to try to kill the bill.

    What John Boehner wanted all along was to watch this bill go down in flames and pass his alternative – a three month continuing resolution that would provide us with a series of government shutdown standoffs next year when all of Congress is controlled by Republicans.

    They had much more than the gutting of this one part of Wall Street reform in mind.

    That’s why the White House lobbied for passage of a 12-month spending bill – even though they publicly denounced this part of it.”

    hmmmmm…..Interesting way of looking at it.

  5. Can anyone explain to me why obama is such a wuss. He Always caves to the GOP. Everytime he compromises we get screwed. I want the eye of the tiger not a pussycat.

  6. She speaks her mind, because it is anchored solid in her heart of; “We The People, Of The People, By The People and For The People”…

    A True Spokes Person of the Founding Fathers of our Nation rooted in Past, Present and Vision for the future generation(S) in her heart, Mind and Spirit…

    We the people of this nation must; get up, stand up and speak with her to help get what truly is our grassroots populist movement…

    Nothing will be accomplished without us joining her cause!!!!

  7. I agree with you, but then you realize something:

    Not everything is going to go your way. Sometimes, you have to compromise. Look, I get it. You’re mad that Obama has compromised again with the GOP…

    But, it was either take this deal, as shitty as it is with the riders thrown in to make sure the GOP gets their usual handjobs from Wall Street, or stare down the barrel of yet another Government shutdown with most of the fingers pointing at him as the reason to blame (and not the GOP because, let’s face it, our country has become too stupid to see the wool those bastards have pulled over us) AND any new deal would have go through the new Congress, which has more GOP members then the last one.

    Right now, I’ll take the compromise and save the fight for another day.

  8. Elizabeth Warren is the “Elizabeth Warren” of the Progressive Independent or Democratic party. Rafael Eduardo Cruz, Jr. is the “Ted Cruz” of the new TEA party that took over the once proud Republican party! The TEA party is the re-incarnation of the KKK, John Birchers, and racists “southern democrats” of old!

  9. Given what happened in that bill, the Dems had no business passing it. Reid would have held them until, they passed one had they refused it. They could have got that crap out, its a horrible compromise

  10. “[Sen. Warren is] the purist who may stand on principle, but refuses to be part of the governing majority,”

    In days past, days that Washington seems to have long forgotten, People like Sen. Warren were referred to as “Statesmen”.

    It would be nice to see a return to having more like her, true Statesmen/women returning to Congress instead of the Corporate shills we have there now.

  11. Oh yes, they would get their Christmas holiday shortened. A whole two weeks.

    How much do the Corporations and Banks pay you,legislative branch?

  12. I am afraid for people’s pensions, Social Security (CPI) raising the age to 70. Also Obama is fast tracking TPP.

  13. And Bill Gates has convinced some of the other Wealthy people he is a wizard of education too. Go teach a computer Bill that is what you are good at.

    Yes, yes Bill Gates, Idea! Let’s design schools so children are only taught skills that will make them good little disk sitters. You know, for our childrens only path in life – corporate servitude.

  14. If Elizabeth Warren is the “Ted Cruz” of the Democratic Party, then why did Harry Reid appoint her Strategic Policy Advisor to the senate Democratic Policy & Communication Committee?

    Answer: This lady is one hell of a leader.

  15. You sound like Rumsfeld when they sent our military to Iraq without the armament to protect them and antiquated equipment.

    I believe he said something like, “You go to war with the army you have, not the army you might want or wish to have at a later time.”

    John Kennedy held the line, unfortunately Obama blinked and betrayed the American people, you know the ones he has said he would protect.

  16. The clowns that run the Democrats proved their mettle when the lowest turnout since 1942 cost them the 2014 elections. You can’t run the party as Republican Light. Grow some balls, stand for the middle & lower classes like you say you do & put Warren on the pedestal she deserves. If the Dems parroted her positions they’d win more votes!

  17. It appears that the Democratic Party, or at least some substantial part of it, is very frightened of Mrs. Warren or they would not be intentionally insulting her, apparently with the intention of weakening her as a candidate.

  18. What is the name of that aide and exactly who does he work for? Are the real American people paying his salary? The people he and others like him have so much contempt for. They have too much power. And we never know their names until they finally “come out” and start their real jobs with lobbyists and corporations.

  19. So, the Democrats joined the ranks of the TGOPs, for Wall Street and against Americans!

    Insurrection, sedition, treason — the order of the day!

  20. From an ex-Republican: Errant politics, i.e. Republican, eventually fade and fall when faced with reality…thus my agreement with the greater truths being pressed by Senators Warren and Saunders. Go Guys, Go!

  21. One thing I don’t understand is – why did taxpayers bail out Wall Street? No one on the left is asking this question. Why weren’t banks and hedge funds left to recapitalize themselves? (A little deflation might have been a good thing.) So, Elizabeth Warren and the left are blaming Wall Street, but it was the left that demanded FDIC insured banks make loans to people who couldn’t afford them. These banks did so knowing the Treasury would bail them out. So who’s fault was it really? And shouldn’t the blame be placed at the feet of Bill Clinton (who threatened banks by withholding charters on new branch expansion in 1994 if they didn’t relax lending standards); Barney Frank (the cheerleader for policies that helped inflate the housing bubble and the guy who said famously “these two entities, Fannie Mae and Freddie Mac, are not facing any kind of financial crisis”); and Jimmy Carter (passed the CRA, Community Reinvestment Act, in 1977 which forced banks to relax lending standards).

  22. No one is asking why? Good heavans man, we were incensed about it. We are asking why the president and the congress are putting us back into this situation

    Again you are wrong. Read the Bush 2nd inaugural speech. HE did the loaning without restriction. Clintons people were already in their homes safe and sound.

    You are ignoring facts and spouting RWNJ talking points. Go somewhere else and do it

  23. Shiva – My point is Ms. Warren and the left are blaming Wall Street. Please explain to me why they deserve all the blame. As far as ignoring facts – the facts are everywhere. Dems were complicit in denying a crisis was brewing, even in the face of Congressional hearings on the matter.

    “I think that the responsibility that the Democrats had may rest more in resisting any efforts by Republicans in the Congress, or by me when I was President, to put some standards and tighten up a little on Fannie Mae and Freddie Mac.” – Former President Bill Clinton (D-AR), 9/25/08

    “Like a lot of my Democratic colleagues I was too slow to appreciate the recklessness of Fannie and Freddie. I defended their efforts to encourage affordable homeownership when in retrospect I should have heeded the concerns raised by their regulator in 2004. Frankly, I wish my Democratic colleagues would admit when it comes to Fannie and Freddie, we were wrong.” – Congressman Arthur Davis (D-AL), 9/30/08

  24. You are only looking at one part of the picture. Warren is against the rider that was put in by the GOP, that was written by Citibank. The one that calls for you to fund a bailout and not restrict financial laws.

    You can go on all you want. But it was the Bush housing plan that helps fuel those who lost their homes. Going way back to Clinton doesnt work.

    http://www.huffingtonpost.com/2011/04/13/credit-rating-agencies-triggered-crisis-report_n_848944.html

    http://www.nytimes.com/2008/12/21/business/worldbusiness/21iht-admin.4.18853088.html?pagewanted=all&_r=0

  25. Bullshit and the writer of that blog do not know what he is talking about
    The first thing to point out is that the both the subprime mortgage boom and the subsequent crash are very much concentrated in the private market, especially the private label securitization channel (PLS) market. The GSEs were not behind them. That whole fly-by-night lending boom, slicing and dicing mortgage bonds, derivatives and CDOs, and all the other shadiness of the 2000s mortgage market was a Wall Street creation, and that is what drove all those risky mortgages.

    For some data, start here: “More than 84 percent of the subprime mortgages in 2006 were issued by private lending institutions….Private firms made nearly 83 percent of the subprime loans to low- and moderate-income borrowers that year.”
    http://rortybomb.wordpress.com/2011/11/01/bloombergs-awful-comment-what-can-we-say-for-certain-regarding-the-gses/

    So Sherlock if the crisis was caused by the private market at a rate of 83% how the hell was Freddie and Fannie responsible?

  26. I am old enough to remember when the Democratic party was the party of the working class American. In my opinion the party focuses too much on helping the middle class which is great but they left behind those who’ve fallen under the middle class. Democrats need to focus on getting poor Americans into the middle class instead of helping the middle class get richer. Warren speaks to Americans who want to climb up the ladder from poverty to middle class.

  27. djchefron – The GSE’s bought (and continue to buy) 9 out of 10 loans conventional loans originated. Jumbo loans are of course, held privately. Zero-down & 80/10/10 loans (high LTV) loans were primarily conventional (not jumbo). Why? Banks weren’t about to make 100% LTV loans using their own money. Those are the loans that failed first, eventually impacting the jumbo (private) category. FNMA stock went from $70 to $0.40 in thirteen months, a decline of 99.4%. None of the banks collapsed to that degree, other than Lehman which went to zero. So it was absolutely a crisis brought on by the GSE’s with their implicit backing of the Treasury (taxpayers).

  28. djchefron – Elizabeth Warren is all fired up about placing the blame on Wall Street. Again, why? What they did was encouraged and backstopped by the government. I’m not absolving them of blame, but to a large extent banks were handed their marching orders with a wink and a nod. Do you think any sane banker would loan his own company’s money with his job on the line if the loan goes into default? Shareholders and depositors are much more effective at exacting revenge for sloppy underwriting than govt regulators.

  29. Obviously you dont listen. Warren blames Wall Street for the Citibank rider put in the compromise

    Get with the program

  30. djchefron – I’ve been in the R/E valuation business for 26 years. Have been following events very closely. Have a colleague that testified as an expert witness in FDIC v LSI. Also have a family member who is a published author and economist in NYC, who has worked with senior members of Congress (and who disagrees with me on some issues).

  31. John Carney? Who works for CNBC? The same station who all long kept saying there is no problem. GTFOH! As for that first link when you first posted that nonsense and I googled it that’s what came up and I haven’t never heard of this flim flam man but I will try to find out who he is.

  32. Elizabeth Warren needs to start fighting republicans. She’s just Dennis Kucinich in a skirt. If she ever ran for president, the republican noise-machine would make her the next Michael Dukkakis.

    The reason the media, and the GOP are trying to elevate Elizabeth Warren, is because they’re afraid of Hillary Clinton, and they know a candidate like Elizabeth Warren will be easier to beat. Too many stupid democrats are taking the bait.

    There are a lot of things not to like about Hillary Clinton, but at least she’s electable, unlike Elizabeth Warren. Elizabeth Warren needs to remember whose side she’s on.

    All Elizabeth Warren thinks about is herself. She’s too busy grandstanding, and raising cash from “liberal” suckers, who think she’s going to run for president.

    If she does run for president, two things will happen: she won’t win the nomination. Or she will win the nomination, then lose in the general election.

  33. @me: while I see your point, I respectfully disagree. Too many Democrats have a compromising, “bend-over-and-take-it” policy, which is essentially what you’re advocating.

    The problem with this is that in our two party system, the Democrats are too fat to the Right for people like me to feel that they represent my interests in the slightest.

    Warren represents my sentiments on how government needs to be. And as the Right become more bold and reckless, we need bold Leftists to drag the centre beck to the left. Obama ran on bending over and playing the game their way and has barely made any progress because by giving an inch, the Republicans took miles and compromised none.

    If one party is the only one compromising, you always know who will be pushed over. The Left has no meaningful representation anymore: they’re to busy compromising their interests to get things passed. Even Obamacare was too much compromise for Leftists.
    I’ll take Hillary, sure. I like Warren more, though…

  34. Ronda,

    you are absolutely correct – the biggest problem I see is that we don’t have any representation if you call yourself a Liberal or a Progressive. The Democratic party in my opinion is no better then the republicans and the reason I say this is that the republican aren’t afraid to tell us now just what their platform is and their minions are more than happy to follow the script.

    On the other hand the Democrats by their very inaction are enabling the republicans to do anything they want which leaves us living in the fascist right wing country. We need a Democratic party made up of 100% of Elizabeth Warrens’

  35. Also: Mr Easley: please get an editor on this article as soon as possible. You repeated yourself about four times in comparing Warren to Cruz. I felt like I was rereading the first two-thirds of the article.
    “Elizabeth Warren is the new Ted Cruz…”
    “Sen. Warren is the new Ted Cruz,
    ‘She is the Ted Cruz….'”
    “The of comparison [sic] of Warren to Cruz was an attempt…”
    Come, on man! Shorten this down. You’re just filling space at this point.

Leave a Reply

Your email address will not be published.