You don’t get more “progressive” than the Political Animal column at Washington Monthly, which has seen such luminaries as Steve Benen (now Rachel Maddow’s blogger) grace its pages.
In a column yesterday, Samuel Knight took Elizabeth Warren to task for voting in favor of corporate banker Jack Lew, Why Elizabeth Warren Voted for Jack Lew for Treasury (emphasis mine):
Much to the surprise of very few, Jack Lew was confirmed as Treasury Secretary yesterday. A gifted technocrat with ties to Wall Street—one whose Citibank contract urged him to take a whirl through the revolving door—Lew seems to be the sort of person one would expect to find occupying a cabinet level position. And occupy he does, now. The former White House Chief of Staff, OMB Director and Citibank executive was approved by the Senate after a 71-26 vote. He is now a key regulator, in charge of overseeing an overbearing, outsized and reckless sector—one that he believes doesn’t need significant regulation. Stop. The. Presses. Le plus ça change. You can take the cat out of the jungle. Etc.
What is surprising, however, is that Elizabeth Warren voted for Lew’s nomination, despite staunch opposition from another prominent left wing colleague, Bernie Sanders (the only left-of-center Senator to vote no). Lew seems to be the sort of revolving door passenger that Warren was sent to Washington to oppose….
Whatever the reason for the discrepancy between Warren’s and Sanders’ positions—perhaps seniority played a role, and one more “no” wouldn’t have made a difference—Warren’s vote and statement contrast sharply with her Senate Banking Committee debut and her subsequent tough line of questioning with Ben Bernanke over why the Fed isn’t actually ready to end “Too Big to Fail” banks.
Progressives should not be surprised.
Elizabeth Warren makes good YouTube videos grandstanding to beat up on what HuffPo called “hapless regulators,” but Warren’s too skilled a political navigator to buck her Senate leadership and president.
As much as progressives are trying to drive the facts from their heads as part of the lovefest, Warren’s history doesn’t bode well.
Warren signed on as Native American for employment purposes without any legal or factual justification; she claimed being Native American was a fundamental part of who she was, but didn’t list herself that way when she joined the Senate and even refuses to meet Democratic Native Americans; she claimed to be the champion of transparency but will not release her hiring files or the forms showing the boxes she checked or even the photos she says she has to prove her Native American claim; she lashed out at the factory owners who supposedly don’t pay their fair share but accumulated a $15 million net worth working for educational corporations which are tax exempt; she claimed to be the champion of the little guy but represented some of the largest corporations against the little guy. And so on, and so on.
Sorry if it hurts to hear all this. But the facts are the facts.
Oh, and by the way, Dodd-Frank — for which Warren was a big advocate — is hurting small banks and increasing the “too big to fail” system she railed against in her latest Banking Committee performance. It takes a special politician to become a hero of the left complaining about a problem she helped exacerbate.
So don’t get fooled by a very, very earnest facial expression while asking gotcha questions at a Senate banking hearing. It’s the exact same expression she had when she claimed to be the first nursing mother to take the New Jersey Bar Exam.
Update: Interesting article at Business Insider. While Warren is getting the sound bites, Sherrod Brown and David Vitter actually are doing the work on fixing “too big to fail.”DONATE
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