Wall Street Goes After Elizabeth Warren For Being Too Nice to Wall Street


Republicans are sweating next year’s Massachusetts Senate race, and for good reason. The latest poll, out on Wednesday from UMass–Lowell and the Boston Herald, gave Democratic challenger Elizabeth Warren a seven point lead over incumbent Republican Sen. Scott Brown—a 10 point swing from the group’s previous survey. Which sort of explains this new ad hitting the airwaves in Massachusetts, from Karl Rove’s dark-money outfit, Crossroads GPS:

Notice something odd? Just a few weeks ago Rove’s group released an ad chastising Warren, a Harvard Law School professor who started up the Consumer Financial Protection Bureau, for inciting Occupy Wall Street. Now, his group has done a complete 180. Warren’s no longer a radical anti-capitalist crusader; she’s Wall Street’s best friend (albeit a friend one banker called “the anti-Christ”).

The kicker: As Michael Isikoff reported, “A substantial portion of Crossroads GPS’ money came from a small circle of extremely wealthy Wall Street hedge fund and private equity moguls.” So Wall Street is attacking Warren for associating with Wall Street. Got it?

More MotherJones reporting on Dark Money

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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