FacebookTwitterGoogle+RedditEmail

Lessons From Elizabeth Warren

Which lesson will Obama take from sweeping midterm losses? The mantra from the media is move right, conciliate, bridge build. But that’s the rotten road that brought the Democrats this far. There are other voices to listen to.

Robert Reich, who was part of the Clinton administration during the Gingrich Revolution of ‘94, says the media’s wrong about Clinton’s reelection. Clinton was reelected then because the economy was booming, says Reich, not because he caved in to Gingrich – although he did, to devastating effect on the Democratic base.

The relevant lesson for Obama isn’t ’96, says Reich, it’s 1936. When FDR, in the middle of a Great Depression, retooled and came out swinging – against speculators, monopolies and the men he called “the reckless Banksters of finance.”

Obama thus far has prioritized protecting bankers. He even told them, memorably, in March 2009, “My administration is the only thing between you and pitchforks.”

Having soaked up the government’s largesse, the banksters repaid him by pouring millions of anonymous dollars into defeating Democrats. As Simon Johnson of MIT points out, a blueprint for a way forward would be to follow the lead of —Elizabeth Warren, interim director of the consumer protection agency.

Warren’s a real consumer protector who could put the faux populists to shame. It’s his very last chance. Obama better let her, for our sake, as much as his own.

LAURA FLANDERS hosts the excellent daily GritTV

More articles by:

Laura Flanders is the host of GRITtv now seen on the new, news channel TeleSUR English – for a new perspective. 

August 21, 2018
Anthony DiMaggio
Fascist Nation: The “Alt-Right” Menace Persists, Despite Setbacks
Chris Floyd
Dial “N” for Mayhem: Wording Our Way to a New Level of Hell
Creston Davis
The Education Impasse in the USA
Jonathan Cook
In Detaining Peter Beinart, Israel Has Declared it No Longer Represents Millions of Jews Overseas
Kshama Sawant
UPS Teamsters, We Have Your Back in this Fight
Kenneth Culton
Trump Supporters: the Joyous Cult Bound by Shared Story and Ritual
Andy Thayer
Why the Chicago ‘68 Convention Matters Today
Simone Chun
Sea of Tears: The Tragedy of Families Split by the Korean War
William Blum
The Russians Did It (cont.)
Manuel E. Yepe
How Capitalism Erodes Mental Health
Doug Noble
“Abolish ICE”? Then Why Not Abolish All US Militarism?
Thomas Mountain
Djibouti Faces Dark Days to Come; Eritrean Ports, Pipeline Threaten Ethiopian Trade Lifeline
Binoy Kampmark
Finding Fault and Faulty Infrastructure: Genoa’s Morandi Bridge Disaster
Kary Love
“Suffer Not the Little Children….”
Thomas Knapp
Omarosa Manigault Newman, Public Servant
August 20, 2018
Carl Boggs
The Road to Disaster?
James Munson
“Not With a Bomb, But a Whimper” … Then More Bombs.
Jonathan Cook
Corbyn’s Labour Party is Being Made to Fail –By Design
Robert Fisk
A US Trade War With Turkey Over a Pastor? Don’t Believe It
Howard Lisnoff
The Mass Media’s Outrage at Trump: Why the Surprise?
Faisal Khan
A British Muslim’s Perspective on the Burkha Debate
Andrew Kahn
Inhumanity Above the Clouds
Dan Glazebrook
Trump’s New Financial War on the Global South
George Wuerthner
Why the Gallatin Range Deserves Protection
Ted Rall
Is Trump a Brand-New Weird Existential Threat? No.
Sheldon Richman
For the Love of Reason
Susie Day
Why Pundits Scare Me
Dean Baker
Does France’s Economy Need to Be Renewed?
Jeffrey St. Clair
A Mighty Voice for Peace Has Gone Silent: Uri Avnery, 1923-2018
Weekend Edition
August 17, 2018
Friday - Sunday
Daniel Wolff
The Aretha Dialogue
Nick Pemberton
Donald Trump and the Rise of Patriotism 
Joseph Natoli
First Amendment Rights and the Court of Popular Opinion
Andrew Levine
Midterms 2018: What’s There to Hope For?
Robert Hunziker
Hothouse Earth
Jeffrey St. Clair
Roaming Charges: Running Out of Fools
Ajamu Baraka
Opposing Bipartisan Warmongering is Defending Human Rights of the Poor and Working Class
Paul Street
Corporate Media: the Enemy of the People
David Macaray
Trump and the Sex Tape
CJ Hopkins
Where Have All the Nazis Gone?
Daniel Falcone
The Future of NATO: an Interview With Richard Falk
Cesar Chelala
The Historic Responsibility of the Catholic Church
Ron Jacobs
The Barbarism of US Immigration Policy
Kenneth Surin
In Shanghai
William Camacaro - Frederick B. Mills
The Military Option Against Venezuela in the “Year of the Americas”
Nancy Kurshan
The Whole World Was Watching: Chicago ’68, Revisited
FacebookTwitterGoogle+RedditEmail