This is obvious, not surprising, but also not good news. Some deal has been made. At this point, we had best speculate what, since the odds of finding out concretely are poor.
What do we know?
The media in question took content straight from the Clinton camp and presented it as news in '15 and '16 as part of rigging the nomination against Sanders. They are clearly doing that again, but not doing that against Elizabeth Warren. They are not doing that because they like the Warren who chews out bankers; they are doing that because the like the Warren who rescinds obvious admissions about Hillary Clinton.
In more detail–Warren has had certain unusual treatment by the media. Some has been critical. But we have also gotten to see Warren cross-examining bankers in various committees. How often are we treated to this sort of coverage of a sitting official outside of one or another scandal? To be fair, Liz put on a good show during those meetings, and most of our representatives do not. But some of her turns later make one wonder whether the point was not to establish her anti-banking credentials so that she would not have to actually adopt a progressive platform in exactly the sort of situation that she is in now.
There’s a deal in place here, or else this media would roar after Warren’s failures and ignore her successes as they do with Bernie Sanders.
So what sort of deal would cause this? I can think of three significant variations, and maybe I am missing something else.
One, she could have a deal to exchange concessions in other policy for at least some economic changes
She could be a mostly owned quantity. That is, they have made it obvious that they can command her, and she has made it obvious that she will bend. This is likely oversimple, but something in this direction is not unlikely.
A more specific strategy is in place, a bargain with fairly concrete contours, and a plan to move forward.
Perhaps I am missing something here, but there is an obvious possibility that takes only a bit of cynicism to see. In the current environment as rendered by the in-house and owned Corporate Media outlets, Bernie, Liz, and Uncle Joe are running more or less neck and neck. Were this to be duplicated, naturally or artificially, at the convention, no one gets the vote on the early ballot, and the superdelegates come in to accomplish the fix, presumably with help from the press and the DNC and the money as before.
Obviously, these entities fix for Biden. But the probability that the extremely unpopular and badly aging Biden loses to Trump are very high, especially since many of us will feel little doubt that the party has fixed its nomination process again and that this cabal has to be broken or driven from one party at least.
A very natural move would be for Biden to offer Warren the VP slot. Given her willingness to chum up to HClinton, we might assume that she might accept–the reasons that she really should object are similar in each case. This would be a very natural ticket balance for Biden. She would accomplish some whitewash for hsipolicies in general. She would be the only really articulate person on the ticket, since Joe appears to be failing. And she would provide a feminine whitewash for the remains and peripheral details of the Epstein and Podesta-related pedophile scandal that clearly involves many politicians, but that has been simmering and smoldering without really coming to a blaze. Here Biden could be completely innocent, for all I know, but he is among the characters about whom the public finds the story most believable. A faithful and personable female running mate would be perfect, and Warren would balance the ticket better than other options.
Very little control over American politics remains to electoral decisions of any sort. We need to take another tack.