Elizabeth Warren, the crusading anti-corporate senator from Massachusetts, could mount a presidential bid in 2016 – potentially derailing the coronation of Hillary Clinton as the Democratic nominee.
Warren has pushed for tough action against the financial institutions responsible for the 2008 economic meltdown. She says individuals should be prosecuted, and settlements, such as the $13 billion deal JP Morgan Chase recently made with the Justice Department, should include admissions of guilt. Senator Warren has also called for taxes to be raised on the wealthy, and says that addressing the appalling level of income inequality in the US should be a national priority.
Through these actions Senator Warren has become the unofficial spokesperson for movements like Occupy Wall Street and US Uncut, and was recently profiled in the New Republic as a candidate with a sense of “can’t win, don’t care” when it comes to challenging Hillary Clinton. Warren and her supporters know that they cannot come close to challenging the Clinton family when it comes to contacts and fundraising, but she could at least change the nature of the debate, and force Clinton to have an honest (and potentially uncomfortable) conversation about just how close she is to corporate America.
Bill and Hillary Clinton have made millions of dollars in speeches and engagements with some of the biggest players on Wall Street. Ironically, the potential challenge Warren would present from the left could drive even more individuals and corporations to donate to the super PAC ‘Ready for Hillary’, which is designed to nullify any challenge from the former Secretary of State’s left flank. This would drum home the reality that a vote for Hillary Clinton in 2016 would not be a vote for change.
In case you need a reminder of how awesome Senator Warren truly is, here’s 80 seconds of her speech to the AFL-CIO