Elizabeth Warren Explains How Washington Corruption Protects the “Tender Fannies” of The Rich

During a spot on the “Daily Show” Thursday night, Senator Elizabeth Warren broke down the ways in which big banks and large corporations have rigged Washington politicians in order to ensure “the tender fannies of the rich and the powerful are always carefully protected.”

“Powerful corporations, rich people, have figured out that if you can bend the government to help you just a little bit, it’s a tremendous payoff,” Warren told host Jon Stewart. “And if you can bend it to help you just a little bit more, and a little bit more, the playing field just gets more and more tilted, and the rich and the powerful just do better and better.”

The Massachusetts senator, whose appearance was tied to her book A Fighting Chance, went on to explain how both the steady circulation of money and the constant presence of lobbyists in Washington have worked together to create a culture in which such corruption is the norm. Watch below:

DOES IT FEEL LIKE POLITICS IS AT A BREAKING POINT?

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It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

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