As the 112th Congress stumbles like a drunken sailor in its closing days, there is some reason to cheer, there is at least one light at the end of our dark, lonely tunnel: Senator-Elect Elizabeth Warren (D-MA) will join the Senate Banking Committee, and the 98% will finally have an ally against the criminal, bankster class that has been screwing the American citizenry left, right and center:
Nearly two years after Wall Street waged a successful campaign to keep consumer advocate Elizabeth Warren from running the Consumer Financial Protection Bureau, the incoming senator will be tapped to serve on the Banking Committee, according to four sources familiar with the situation. It’s a victory for progressives who battled to win her a seat on the panel that oversees the implementation of Dodd-Frank and other banking regulations.
Warren has been a tireless advocate for the working and middle classes of this country and you can bet your bootstraps that more than one right-winger is very probably shaking in their shoes. She has been fearless in standing up to the banksters and has made one of the most concerted efforts to educate the public on the corruption that lies at the heart of the financial industry, even in the face of mockery, insults and downright lies hurled in her direction.
In a way, this is poetic justice. The right-wing spent millions of dollars trying to defeat her via donations to Scott Brown’s campaign, as Open Secrets documented:
The securities and investments industry contributed just $245,000 to Warren and spent $3 million supporting her opponent Scott Brown, according to OpenSecrets data from mid-October. The industry was Brown’s top supporter.
The Financial/Insurance/Real Estate sector followed suit and contributed $6 million to Brown and a puny half-a-million to Warren. Businesses also favored Brown heavily, and his top contributors came straight from Wall Street. And though there wasn’t much outside spending in the race because of a pledge made by the two candidates, the U.S. Chamber of Commerce, whose members include business and financial interests, spent $400,000 on the race in support of Brown and against Warren.
Well, now Warren is poised to deliver a “how do you do” to those same people who tried to bring about her political demise. It’s just too bad she can’t deliver her message with a well-deserved middle finger salute.
But that’s OK, We the People can do that for her.