Bye-bye, fake liberals: The Warren Democrats are winning!

[DonViejo]

The backlash against an inane Op-Ed bashing Elizabeth Warren shows that “economic populism” is the way forward

JOAN WALSH

I am very late to the Third Way-trashing party, but that’s a story in itself. I didn’t need to weigh in; progressives erupted in immediate backlash at the group’s latest attack on “economic populism.”

By now everyone knows that http://online.wsj.com/news/articles/SB10001424052702304337404579213923151169790 and New York’s Mayor-elect Bill De Blasio in the Wall Street Journal Tuesday, arguing that their “economic populism” was a “dead end” outside of the midnight-blue communards of Massachusetts and New York City.

Not only was Third Way’s argument immediately and widely debunked – Salon’s Elias Isquith did it very well here – but its domination by Wall Street became an issue in itself, thanks to folks at Daily Kos and the Progressive Change Campaign Committee. Warren herself responded by asking Wall Street CEOs to voluntarily disclose their think tank funding – without mentioning Third Way by name – suggesting it amounted to “little more than another form of corporate lobbying.”

And by Wednesday evening centrist Pennsylvania Rep. Alison Schwartz, a Third Way co-chair who’s running for governor next year, had disavowed the group’s attempted takedown of her party’s populist wing, calling it “outrageous.” (Update: Thursday afternoon another co-chair, Rep. Joe Crowley, joined Schwartz.)

full article
http://www.salon.com/2013/12/05/bye_bye_fake_liberals_the_warren_democrats_are_winning/

[Whisp]

1. yay for the Elizabethans!

The Comfortables don't like her or her message. I am very happy they were told off right and good.

[rhett o rick]

2. Go Sen Warren!! Support the Progressive Change Campaign Committee. nm

[abelenkpe]

3. K&R

[Cha]

4. Corporate Schmoroate..

We The People~

[freshwest]

5. Go Warren!

Thanks, Obama!



The best is yet to come!

[Phlem]

6. And I will continue to call them out

no matter how much it pisses DU off.

-p

[Populist_Prole]

8. So glad to hear this! Thanks for the link, bookmarked for later

[geckosfeet]

9. The Wall Street Journal. Ahhhhh ha ha ha ha.

Social Security is exhibit A of this populist political and economic fantasy. A growing cascade of baby boomers will be retiring in the coming years, and the Social Security formula increases their initial benefits faster than inflation. The problem is that since 2010 Social Security payouts to seniors have exceeded payroll taxes collected from workers. This imbalance widens inexorably until it devours the entire Social Security Trust Fund in 2031, according to the Congressional Budget Office. At that point, benefits would have to be slashed by about 23%.

Undeterred by this undebatable solvency crisis, Sen. Warren wants to increase benefits to all seniors, including billionaires, and to pay for them by increasing taxes on working people and their employers. Her approach requires a $750 billion tax hike over the next 10 years that hits mostly Millennials and Gen Xers, plus another $750 billion tax on the businesses that employ them.

Doing what they get paid to do - driving wedges through the Democratic party.

[madrchsod]

11. well put people back to work and the problem is solved.

well raise the deductions well past the today`s cut off.

[geckosfeet]

12. The people that run/own/direct the WSJ would have us fighting eachother for $8/hr

jobs, and they would remove all payroll taxes for people making more than that. SS would be moot at that point because working people would not be able to afford to pay into it at $8/hr and they would start begging their "elected" representatives to abolish it.

[madrchsod]

10. great...but is she going to run

or is she going to get enough people behind her to find a real democratic candidate?

[cascadiance]

13. DLC morphed in to Third Way when the Kochs were discovered behind it... What's next for Third Way?

Will it die similarly and another entity replace it in the same fashion...

Kind of like Black Water now is "Xe", and Diebold is now "Premier Election Systems"... So many of these guys change their names when they're discovered and people understand more what kind of crap is behind them! Watch for ALEC to be changing soon as well!

[mrgorth]

14. Fuck these assholes

Who the fuck are these assholes?