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Elizabeth Warren

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muriel_volestrangler

(102,951 posts)
Mon Apr 21, 2014, 01:20 PM Apr 2014

Charles Pierce: Elizabeth Warren Is the Teacher [View all]

By request, from GD:

She has come to remind us who we are, or at least who we once were. She is the only one warning that conditions in the financial sector are in some ways worse now than before the collapse of 2008. Her message has gained her many powerful enemies. And it has a lot of people very eager for Elizabeth Warren to run for president.


The best teachers are the ones who remain students at heart, the ones who keep learning from their students, and from the world around them, and from their own drive to know even more about even more things, and who then are able to transmit that knowledge—and more important, the drive to know more—to their students. That's how great teachers echo through time. That's how great teachers become immortal.
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You cannot understand how she became a senator—hell, you can't even understand how she became a public person—unless you understand the fact that, first and foremost, she is a teacher, having taught at Rutgers, and having been a professor of law at the University of Houston, the University of Texas, the University of Pennsylvania, and ultimately at Harvard Law School, where she was teaching bankruptcy and contracts in the fall of 2008, just as the global financial system collapsed and threatened the economy of the entire world. Her first great project as a young law professor in Texas had been to learn about how bankruptcy worked in this country, and more important, it was to learn about the people who found themselves in the process. It challenged her assumptions; she had thought she was going out to study the schemers who were working the system and the moochers who were cheating the people to whom they owed money. She learned from the people in the courtrooms that everything she knew about them was wrong, and then she set out to teach the country that everything it thought about those people was wrong. "It was," she tells me later, "so much like being in church, quiet and hushed. They were in little groups, talking among themselves. Nobody wanted to look at anybody else."

That led her to her first book, and thence into the study of how these people came to be in all these courtrooms, the way the great American middle class was being tricked out of its wealth and scammed out of its birthright and crushed by the tectonic forces of underregulated capitalism and money-drenched politics. She saw the dangers of subprime mortgages because she'd seen the damage of what she called the "tricks and traps" of the mortgage lenders, seen what it did to families unaware of the deliberate obfuscation of what they'd signed, only to have the teaser rate of the mortgage run out and find themselves underwater. She inveighed against the fine-print piracy of the credit-card companies; she often said that the conditions on a credit card should be as simple as the instructions on a toaster. She brought these lessons back to Harvard, and she was teaching them to her students in September of 2008, when the roof caved in. And she went right on teaching. She had been warning official Washington for months that disaster was coming.
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http://www.esquire.com/blogs/politics/elizabeth-warren-teacher-0514
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