In her short time in the Senate, Elizabeth Warren has become one of the biggest superstars for the progressive left. She has built a large part of her political career on being someone who’s fighting for the average American, and she’s proven time and time again that she’s not afraid to take on big banks or Wall Street.
Now it seems these large financial institutions are beginning to grow annoyed with Warren’s rhetoric against the crap they try to get away with while they constantly try play the system and scam the American people.
In case you haven’t heard, several big banks such as Citigroup, JP Morgan Chase, Bank of America and a few others have discussed blackmailing the Democratic party by withholding campaign funds unless Warren’s harsh rhetoric against these financial institutions softens.
“It will not work,” Warren said of the threat.
“They want a showy way to tell Democrats across the country to be scared of speaking out, to be timid about standing up, and to stay away from fighting for what’s right,” Warren wrote. “I’m not going to stop talking about the unprecedented grasp that Citigroup has on our government’s economic policymaking apparatus and I’m not going to pretend the work of financial reform is done, when the so-called ‘too big to fail’ banks are even bigger now than they were in 2008.”
It’s easy to see why so many people want her to run for president, even if I personally think she’s best suited for the Senate. As president I think her talents as a “fighter” would be mostly wasted in a position that often stretches people too thin and doesn’t allow politicians to accomplish many of the things they would like to accomplish. As much as “President Elizabeth Warren” does sound nice, I think she can do the most good fighting in Congress, helping reshape congressional Democrats in a more progressive image.
But the fact that many of these big financial institutions are apparently contemplating blackmailing the Democratic party by potentially denying campaign contributions to Democratic candidates, only goes to show the impact Warren’s push to hold these corporations accountable is clearly having on society. The last thing these financial institutions want to see happen is someone like Warren becoming even more popular and powerful in the Democratic party, so they’re now moving toward taking drastic steps with the hopes that by doing so it might silence one of their biggest critics.
Thankfully it seems as if their threat has had little to no impact on Warren’s stance against the unethical behavior often shown by these corporations. Her comments seem to indicate that, despite the threat, she’s going to continue to fight against the injustice and corruption on Wall Street as well as the seemingly endless parade of unethical behavior often exhibited by many of these so-called “too big to fail” banks.
Now we just need more of our congressional leaders to have the courage to stand up to these companies that are clearly trying to buy our government.