Wednesday, November 14, 2012


The morning after Obama's 2012 presidential victory we are faced with the cold reality that ObamaVille and the status quo still reign supreme ~ but the election of Senator-elect Elizabeth Warren and Rep Alan Grayson just might be the game changers regarding the obvious need for Wall Street reform: Allen L Roland

Senator elect Elizabeth Warren is a breath of fresh air for Main Street America.

I did not vote for Barack Obama on November 6th ~ Instead I voted for real change, along with Chris Hedges and Noam Chomsky, and cast my vote for Jill Stein of the Green Party.
As Andy Borowitz correctly writes in ICH ~ One day after the costliest Presidential election in U.S. history, Americans awoke to the ugly realization that the nation had spent $2.5 billion with absolutely nothing to show for it….. “Four years ago, Barack Obama was elected President of the United States, and that is still the case,” says Professor Davis Logsdon of the University of Minnesota. “The only difference is that we as a nation are out $2.5 billion.” Mr. Logsdon claims that America’s system of egregious political spending “has made us the laughingstock of the world,” arguing, “Even Greece would know better than to blow through money like that.”   See article :

But a ray of hope and light as well as the potential for a change in the status quo has emerged in 2012 with the election of Elizabeth Warren ~ a formidable and authentic agent of change. She is also Wall Street's biggest headache and rightfully so ~ the Dow Jones was down over 300 points the morning after her election. Here are some of her most memorable quotes ~
“Wall Street C.E.O.’s ~ the same ones who wrecked our economy and destroyed millions of jobs ~ still strut around Congress, no shame, demanding favors, and acting like we should thank them,” she said in her speech at the Democratic National Convention in September.
“The people on Wall Street broke this country, and they did it one lousy mortgage at a time. It happened more than three years ago, and there has been no real accountability, and there has been no real effort to fix it,” she said in a debate last year.
Ms. Warren, the architect of the Consumer Financial Protection Bureau, will have the opportunity, as a Senator,  to weigh in on a number of the issues that are making Wall Street rightfully nervous ~ as regulators work to implement the Dodd-Frank financial overhaul law.

As William Alden writes in the New York Times ~ " Ms. Warren has supported a simpler, stronger Volcker Rule, the regulation that bars big banks from betting with their own money. She has also pushed for a new version of the Glass-Steagall Act, the now-repealed law (Courtesy of Bill Clinton) that kept commercial banks out of securities businesses. And she may be sympathetic to arguments to break up big banks."

Warren obviously is a truth teller and doesn't pull her punches ~  "People feel like the system is rigged against them, and here is the painful part, they're right. The system is rigged " 1 minute video on who Elizabeth Warren is ~ and she's just what this country needs.

The first step towards real change is the unblemished truth and that's what sadly lacking in Washington, DC but Senator-elect Elizabeth Warren and Rep Alan Grayson may be just the antidote for that ongoing cancer.  
Part of my job is to make sense of all that I hear, and to retell it in a forceful way so that the decision-makers at Treasury can hear it. At least that's how I see it: Elizabeth Warren
One person can indeed make a difference and one or two truth tellers can help change and heal a corrupt and rigged system ~ so that's why I see Elizabeth Warren and Alan Grayson as much needed game changers. Here's a short 2 minute video of Alan destroying right wing hack P.J. O'Rourke on the Bill Maher show.

The times, they are perhaps a changing ~ but let's wait and see if Elizabeth Warren is made chairperson of the Senate Banking committee ~ then I might be convinced.
However, I will indeed be the first to predict that Senator Elizabeth Warren will be a presidential contender in 2016 and a Warren/Grayson ticket would indeed stir the masses ~ but most certainly not the corpocracy.

Allen L Roland


Freelance Alternative Press Online columnist and psychotherapist Allen L Roland is available for comments, interviews, speaking engagements and private consultations ( )

Allen L Roland is a practicing psychotherapist, author and lecturer who also shares a daily political and social commentary on his weblog and website He also guest hosts a monthly national radio show TRUTHTALK on


  1. We are beyond the need for change and only action counts now.

  2. From what I know of Alan Grayson he seems like he might be one of the rare people in congress that might actually have the best interest of the public in mind; however, unfortunately, I can't say the same thing about Elizabeth Warren, who I have been watching for quite a while. At first I was a little skeptical because the initial coverage that I heard about her avoided a lot of the details and it came from the corporate media which doesn't have a good track record of providing reliable information. But when I looked closer the worse she seemed to me. In fairness when it comes to the one issue that she focuses on the most, predatory lending, she is much better than most other politicians and she has made many good points. There are a few other issues that I think she has done better than Scott Brown at; but overall my impression is very bad of her. She defended an insurance agency in an asbestos claim, supports Charter Schools despite enormous amounts of evidence that they've failed, has taken on gambling lobbyists on her campaign and many other things. One of the things that concerned me the most was her dismissal of what she called the “The Over-Consumption Myth,” and her criticism of Juliet Schor who I have found is a much more reliable consumer advocate than Elizabeth Warren.

    I went into this in much more detail in several posts before the election the latest of which is titled 'Elizabeth Warren is NOT a “consumer advocate!!”' if you're interested.

    I think it will be necessary to keep the pressure on her if we're going to expect her to live up to expectations. It seems to me as if this was the greatest propaganda piece I've seen in a long time if not forever. The closer I look the less it holds up though.