Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Saturday, January 28, 2012

Elizabeth Warren: A One Percenter in Denial

When it comes to being a class warrior, Elizabeth Warren is merely a studio gangster.  When asked about congressional insider trading on MSNBC Thursday night, Warren said, “I realize there are some wealthy individuals – I’m not one of them, but some wealthy individuals who have a lot of stock portfolios." But as BuzzFeed points out, the Massachusetts Senate candidate is definitely one of them. Her own financial disclosure forms show she's worth as much as $14.5 million, which according to The Wall Street Journal's net worth calculator puts her comfortably in the top 1 percent of Americans, and she lives in a $5 million house. Warren is more likely to invite the rich over for a fancy dinner party than she is to eat them. If she does have any pitchforks, they are sterling silver and from Williams Sonoma.



Update: Warren's campaign emails: "Elizabeth was making the point that, unlike many members of Congress, she does not have a broad portfolio of stocks in individual companies.  If elected, she'll get rid of the  one stock she does own."

Original Article
Source: the atlantic wire 
Author: Elspeth Reeve  

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