Speaking to MSNBC host Chris Matthews on Wednesday evening, Massachusetts Senate candidate Elizabeth Warren (D) said that in her time on the campaign trail, she’s realized that most Americans “understand the game is rigged,” and that “they’re ready for somebody to get out there and talk to them about it.”
But in spite of Warren’s unique status as creator of the Consumer Financial Protection Bureau, formed after the near total financial collapse of 2008, recent polling shows that she’s still deadlocked with the incumbent, Sen. Scott Brown (R-MA), who has tended to vote for less regulation of the financial markets.
Challenged on that point by Matthews, Warren said she plans to spend the next five months talking about her opponent’s record and the worst abuses of big finance, explaining that Brown had engaged in “secret negotiations to weaken all the rules over Wall Street.”
“That’s what we’re going to talk about, person by person by person, across this commonwealth,” she said.
“They blew up a big bubble, they took out the risk, they sucked out the profits, and then when the whole thing came crashing down it was American families, right there, who took it right on the chin,” Warren added. “Then that same group on Wall Street fought against any kind of financial reform. When they lost that, barely by a hair, they started a guerilla war to make sure that no serious rules would be put in place. This is the fight, right now, for the heart and soul of our country.”
Stephen C. Webster is the senior editor of Raw Story, and is based out of Austin, Texas. He previously worked as the associate editor of The Lone Star Iconoclast in Crawford, Texas, where he covered state politics and the peace movement’s resurgence at the start of the Iraq war. Webster has also contributed to publications such as True/Slant, Austin Monthly, The Dallas Business Journal, The Dallas Morning News, Fort Worth Weekly, The News Connection and others. Follow him on Twitter at @StephenCWebster.
Raw Story is a progressive news site that focuses on stories often ignored in the mainstream media. While giving coverage to the big stories of the day, we also bring our readers' attention to policy, politics, legal and human rights stories that get ignored in an infotainment culture driven solely by pageviews.
Founded in 2004, Raw Story reaches 5 million unique readers per month and serves more than 19 million pageviews.