I listened to this Planet Money interview yesterday and it wasn't even close. Elizabeth Warren, a class act in every sense, totally destroyed the host
I listened to this Planet Money interview yesterday and it wasn't even close. Elizabeth Warren, a class act in every sense, totally destroyed the host's argument that concerning herself with the economic health of the American family was somehow her liberal "pet cause" and outside her bailiwick as TARP oversight chair. Not that it made any difference in his evident scorn!
A couple of times in the last few months I’ve taken the press to task for ignoring the Congressional Oversight Panel and its report on the TARP. I’ve talked to reporters in the biz since and got the impression that many of them don’t really take it seriously because its chairwoman Elizabeth Warren is a liberal who, they say, pushes her agenda.
So it’s worth listening to this entire Planet Money podcast from NPR, where Adam Davidson badgers Warren for more than an hour to justify her existence, so to speak.
If you want a peek inside business-press mentality, and why certain stories get reported and others don’t, you can do worse than start here. It sees Warren as an outlier whose views, based on decades of research, are suspicious. It would never, ever have badgered a former bank exec, say, like this if one had been chairman of the panel. Davidson, like the reporters I referenced above, has been talking to too many bankers and insiders who sneer at someone not inside their bubble. Perhaps he’s trying to prove his objective journalist bona fides at “liberal” NPR by taking it to a liberal.
Warren isn’t legitimate in the eyes of the press, so it just pretty much ignores her—even though she and her co-panelists were selected by Congress to oversee whether the Treasury is spending the $700 billion we gave it in a way that’s best for the economy.
This interview is really cringeworthy stuff from Davidson, who comes out looking pretty bad (which makes it all the more admirable that NPR runs the entire tape). Warren takes this fight going away.
Really, go read the whole thing - and if you have the time, listen to the podcast. The comments are also smart, and this one summed it up nicely:
Adam Davidson essentially admits his own insider-oriented, in-the-bubble reporting style. His comments reflect not so much on Elizabeth Warren but on the breadth and depth of his own Rolodex.