No doubt on her way to mounting an unsuccessful bid for the White House in 2020, Elizabeth Warren released a new book this week called “This Fight is Our Fight: The Battle to Save America’s Middle Class.”
Warren, who is a card-carrying member of the Bernie Sanders wing of the Democratic Party, is sailing on a wave of popularity at the moment – partly because of her affiliation with Sanders, partly because she feuded with Trump, and partly because “she persisted.” And she seems cognizant of her own rising star in the new book -comfortable enough about her political fortunes to take shots at several prominent Democrats, including former president Bill Clinton.
Excerpts from the book were first published by the Washington Examiner.
“In the same way that some Republicans had signed on for greater regulations in earlier decades, some Democrats now got on the deregulation bandwagon big-time,” Warren wrote. “As he signed the repeal of Glass-Steagall, President Bill Clinton cracked a few jokes, then praised the move for ‘making a fundamental and historic change in the way we operate our financial institutions.'”
In the book, Warren argues that Clinton’s disregard for regulations led to the financial crash of 2007.
Warren also took exception to a commencement speech Michael Bloomberg gave at the University of Michigan last year, where he criticized both parties for dividing the population.
“Bloomberg took the opportunity to denounce those who ‘fan the flames of partisanship,’ and he accused both Republicans and Democrats of demagoguery,” Warren wrote. “He scolded Republicans for blaming our problems on ‘Mexicans who are here illegally and Muslims’ and Democrats for blaming our problems on ‘the wealthy and Wall Street.'”
Warren said there was no comparison between the two.
“That might all be true in Michael Bloomberg’s Alternative Billionaire World — but not so much here on planet Earth,” she wrote.
Without getting into Warren’s specific remarks here, which are par for the course, we shouldn’t get too complacent or cocky about this woman. She could be a potent political threat in 2020, and her insistence that she won’t run means nothing. It would not do for Trump and the Republican Party to underestimate her – she’s a looney toon, but she’s not Crooked Hillary.