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Tue Sep 17, 2013, 05:54 AM

 

I'm Proud to Say That I Did My Little Part to Eliminate Larry Summers

I'm from Massachusetts. I'm the Dem. Chair of my Ward. I'm on the Dem. City Committee in my home town. I've been a Delegate to the past 4 Dem. State Conventions. I serve on multiple union political action committees, including the AFL-CIO.

I voted for Liz Warren to help her get a "Super" majority at the Convention, thereby eliminating a primary fight and helping her marshal her resources to take on Scott Brown in the 2012 finals.

I stood with my Brothers and Sisters in labor to vote to make her "a special friend" of labor in 2012, so that maximum resources of people and funds could be directed to her campaign.

It took a Herculean effort to get her elected. After all, we beat a sitting U.S. Senator with a 57% approval rating on election night. Fortunately, Liz Warren's was in the 60's.

So, after saying all that, it is with more than a little pride that Warren is getting the credit for bringing down Larry Summers and Liz has Wall Street scared shit.

I can look in the mirror as I shave this morning and say to myself, "I had a little bit to do with that."

Sometimes Democracy does work.

Link;
http://bostonherald.com/news_opinion/columnists/margery_eagan/2013/09/eagan_elizabeth_warren_bounces_larry_summers_as_stock

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Arrow 27 replies Author Time Post
Reply I'm Proud to Say That I Did My Little Part to Eliminate Larry Summers (Original post)
louis c Sep 2013 OP
closeupready Sep 2013 #1
Earth_First Sep 2013 #2
irisblue Sep 2013 #3
Demeter Sep 2013 #4
louis c Sep 2013 #19
Surya Gayatri Sep 2013 #5
MannyGoldstein Sep 2013 #6
cantbeserious Sep 2013 #7
a kennedy Sep 2013 #8
MsLeopard Sep 2013 #9
Divernan Sep 2013 #10
Raksha Sep 2013 #27
Bluenorthwest Sep 2013 #11
Divernan Sep 2013 #14
louis c Sep 2013 #22
peace13 Sep 2013 #12
Iwillnevergiveup Sep 2013 #13
pnwmom Sep 2013 #15
Capt. Obvious Sep 2013 #16
myrna minx Sep 2013 #17
Cryptoad Sep 2013 #18
louis c Sep 2013 #21
FredStembottom Sep 2013 #20
Rex Sep 2013 #23
harun Sep 2013 #24
Vanje Sep 2013 #25
Raksha Sep 2013 #26

Response to louis c (Original post)

Tue Sep 17, 2013, 06:14 AM

1. Every bit and part contributes to the whole!

 

Thanks to you for doing what you can! This is how Democrats and liberals will take back the country. K&R

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Response to louis c (Original post)

Tue Sep 17, 2013, 06:19 AM

2. THIS is how it's done, folks...

Want a roadmap on how to accomplish progressive change within the party?

Look no further...

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Response to louis c (Original post)

Tue Sep 17, 2013, 06:33 AM

3. I'm proud of you too and thank you n/t

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Response to louis c (Original post)

Tue Sep 17, 2013, 06:33 AM

4. I'd say an awful lot of people did their bit

 

so awful, that the President is displeased...he really DIDN'T want us to hold his feet to the fire, as he said at the onset. He was just taunting us....

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Response to Demeter (Reply #4)

Tue Sep 17, 2013, 09:21 AM

19. As I said, I only did a small part

 

but as was said in another thread, every little bit helps.

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Response to louis c (Original post)

Tue Sep 17, 2013, 06:34 AM

5. You are a veritable green grass root!

 

The great Commonwealth of Mass. is lucky to count you among her citizenry!

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Response to louis c (Original post)

Tue Sep 17, 2013, 06:36 AM

6. Thank you, thank you, thank you!

 

America owes you a debt of gratitude!

And it's good to see even the Herald print something pro-Warren.

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Response to louis c (Original post)

Tue Sep 17, 2013, 06:59 AM

7. Thank You For Sharing

eom

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Response to louis c (Original post)

Tue Sep 17, 2013, 07:01 AM

8. Thank you for your part,

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Response to louis c (Original post)

Tue Sep 17, 2013, 07:05 AM

9. Good job!!

And thank you!

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Response to louis c (Original post)

Tue Sep 17, 2013, 07:09 AM

10. "Some calling Liz v. Larry the real beginning of Wall Street reform."

Terrific job, Louis c - blocking Summers greatly benefits all of us except the one percenters and those politicians(and their hangers on/enablers) hoping for post-political-office paybacks from the one percenters/Friends of Larry.

Liz Warren has long complained that guys like Larry Summers are too close to Wall Street, where he made millions; that he was wrong to support deregulation, which she doesn’t; that he should have cracked down on banks that had grown “too big to fail” by the time the financial crisis hit — and taxpayers had to bail them out. They are even bigger now. Might we have to bail them out yet again one day? Me, I’d rather not.

So I was thrilled yesterday morning to see they are pictures everywhere of Liz looking demure and Larry looking ticked off.

Liz was on MSNBC’s “Morning Joe” with the words beneath her “David” (that’s Liz) vs. “Goliath” (the big banks). She was alternately described as “the reform renegade,” the “populist scourge of Wall Street” and “ the darling of the rising left” that’s finally going after Occupy Wall Street’s 1 percenters.

Some have even called Liz vs. Larry the beginning of real Wall Street reform and happy times for, as Liz likes to put it, the “hammered” middle class.

- See more at: http://bostonherald.com/news_opinion/columnists/margery_eagan/2013/09/eagan_elizabeth_warren_bounces_larry_summers_as_stock#sthash.YQk9fXkH.dpuf

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Response to Divernan (Reply #10)

Tue Sep 17, 2013, 10:35 PM

27. The "rising left" has a beautiful ring to it.

I didn't think there was ever going to be one, but it looks like it's finally here.

Re "Liz was on MSNBC’s “Morning Joe” with the words beneath her “David” (that’s Liz) vs. “Goliath” (the big banks). She was alternately described as “the reform renegade,” the “populist scourge of Wall Street” and “ the darling of the rising left” that’s finally going after Occupy Wall Street’s 1 percenters."

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Response to louis c (Original post)

Tue Sep 17, 2013, 07:23 AM

11. Jeff Merkely did a bit as well I'd say.

 

Merkley had been all over this Summers nomination going back months now. I first heard from him about it in June, maybe May. He was speaking to the press all summer about it.
Jeff was also elected to replace a sitting popular Republican and it was also a tough election won because of dedicated Democrats working hard for an excellent and honorable candidate. The election was very close, it took days to get victory declared. But we did.
Here's the Oregon version of the OP article titled "OR-Sen: Jeff Merkley (D), The Larry Summers Slayer"
http://www.blueoregon.com/news/17237/

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Response to Bluenorthwest (Reply #11)

Tue Sep 17, 2013, 07:48 AM

14. Kudos to gutsy first termer, Jeff Merkely & Sherrod Brown as well

As has been widely reported, Merkley and Sen. Sherrod Brown (D-Ohio), members of the Senate Banking Committee, both bucked the president with public announcements that they would oppose Summers' appointment. Here's how Bloomberg quoted Merkley on Sept. 12 "I start from a position of being extraordinarily skeptical that his background is appropriate for the role of the head of the Fed. If you nominate someone who is a life-committed deregulator to be in a regulatory position, and if you believe regulation is necessary to prevent fraud, abuse, manipulation and so forth, then there's a lot of questions to be asked: Why is this person appropriate?" That's a gutsy play for a first-termer. Merkley, Brown and other critics they blame Summers' enthusiasm for deregulating financial markets for contributing to the excesses—such as predatory lending, excessive risk taking and unbridled financial speculation—that led to the 2008 recession. - Willamette Week, 9/16/13

Merkley spearheaded the efforts and his fellow Democrats on the Senate Banking Committee helped him build momentum: http://www.bloomberg.com/...

The pitch from Merkley and Brown to fellow Democrats was this, according to Senate Democratic aides: If you think you’re going to vote against Summers, speak up now, because it’s less embarrassing to Obama to stop Summers before he’s nominated than after a messy confirmation fight. Senator Elizabeth Warren, a Massachusetts Democrat and critic of Wall Street, also was involved. She informed the White House last week that she would oppose Summers, according to a person familiar with the matter. “Larry was not my first choice for Federal Reserve chair,” Warren said in an interview today with Peter Cook on Bloomberg Television. “I’m a big fan of Janet Yellen,” Warren said. “I think she’s terrific. She’s got the right experience, and I think she’d make a terrific Federal Reserve chair.” Warren’s vote would have meant at least four Democrats on the banking panel were opposed to Summers. The White House would have had to rely on several Republican votes to get him through the 22-member committee.

The Democratic effort spilled into the open when a senator offhandedly acknowledged in late July the existence of a letter of support for Yellen. That letter, drafted and circulated by Brown, was signed by 20 senators. The letter touched a nerve in the White House, and with Obama himself. He defended Summers days later in a closed-door meeting with Democrats on Capitol Hill, while mentioning that Kohn also was under consideration. As Democratic opposition grew, Summers’s supporters say the White House didn’t effectively push back. Summers was left vulnerable to what some called a “perfect storm” of events: the delay in his formal nomination, the debate raging over Syria, and the upcoming budget fights with Congress, according to a person familiar with the matter. - Bloomberg, 9/16/13
http://www.blueoregon.com/news/17237/

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Response to Divernan (Reply #14)

Tue Sep 17, 2013, 07:15 PM

22. No one person did it alone

 

but Warren had the gravitas and stature to lead on this issue.

She worked with Summers at Harvard. She is the most learned voice on Wall St. reform and she has the safest seat in the Senate.

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Response to louis c (Original post)

Tue Sep 17, 2013, 07:31 AM

12. A+...

 

and it does Feel Good!

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Response to louis c (Original post)

Tue Sep 17, 2013, 07:47 AM

13. A kick, a rec and a thank you! n/t

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Response to louis c (Original post)

Tue Sep 17, 2013, 07:53 AM

15. Warren's great. Thank you for all your hard work!

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Response to louis c (Original post)

Tue Sep 17, 2013, 07:56 AM

16. Bring on the :rofl:'s!

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Response to louis c (Original post)

Tue Sep 17, 2013, 08:02 AM

17. Thanks for all of your hard work. There are those here who mock political

activism but it's the work of people like you that brings about the change we need in politics. Great job!

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Response to louis c (Original post)

Tue Sep 17, 2013, 08:33 AM

18. Sounds like you may spent alot of time mirror looking

but thanks you for helping getting Liz elected...... she is the future of the Party!

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Response to Cryptoad (Reply #18)

Tue Sep 17, 2013, 05:47 PM

21. Actually, as ugly as I am, I spend as little time as possible looking in the mirror

 

but I like helping to win elections for the good guys, especially when they have meaning.

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Response to louis c (Original post)

Tue Sep 17, 2013, 01:59 PM

20. Yay! Genuine heartfelt Yay!

I appreciate you posting this!
I want accounts of success like this.
I need to hear about winning.

Thank you.

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Response to louis c (Original post)

Tue Sep 17, 2013, 07:16 PM

23. It does! Much to the chagrin of some!

 

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Response to louis c (Original post)

Tue Sep 17, 2013, 10:20 PM

24. Don't mean to be the turd in the punch bowl but...

We all know the next person Obama nominates will be another neo-liberal economic wing nut, and the next, and the next...

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Response to louis c (Original post)

Tue Sep 17, 2013, 10:25 PM

25. Thanks!!!!!!!!!!

You're GREAT!

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Response to louis c (Original post)

Tue Sep 17, 2013, 10:30 PM

26. Thank you for your hard work and commitment.

They paid off, and we are all the beneficiaries.

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