Elizabeth Warren Visits Medford Caucus: 'America's Middle Class Has Been Hammered' (VIDEO)

Though most consider it a foregone conclusion Elizabeth Warren will win the Democratic nomination to face Scott Brown for his U.S. Senate seat, she spent Saturday morning visiting party caucuses on the first day the meetings could be held.

"I want you to know how seriously I take this," Warren said during a stop in Medford Saturday morning. "I'm out here from before the sun comes up in the morning until after it goes down to work for the nomination."

Warren's stop in Medford was one of five in the Boston area Saturday morning as cities began holding caucuses to choose delegates for the Massachusetts Democratic Convention in June.

In her brief remarks in City Hall Chambers before a scattered crowd of caucus attendees, Warren criticized federal politics for working for interests like oil companies, hedge funds and highly profitable corporations.

"America's middle class has been hammered for a generation now," Warren said. "People say Washington doesn't work. That's not true. If you are the oil industry and getting billions of dollars in subsidies, you better believe Washington is working for you. If you run a hedge fund and you manage to get paid in stock, Washington is working really well for you. If you're general electric and manage to make billions of dollar in profits and legally pay zero dollars in taxes, Washington is working really well for you."

But Washington isn't working for families trying to pay of college educations, or seniors on fixed incomes, Warren said.

"I don't want to be a country that says I got mine and the rest of you are on your own. I want to be a country that says we celebrate success. We are delighted for people to be successful," Warren said. "But everybody, and I mean everybody, puts something aside and puts the conditions in place, makes the investments in education and infrastructure and research so that the next kid will be able to make it big, and the kid after that, and the kid after that."

No "Magic Bullet" to Solve Morgage Problems

In a brief interview with Patch during her stop in Medford, Warren said the recently announced mortgage settlement between the government and five of the country's biggest banks was only part of the solution to fixing the stalled out housing market.

"We're no longer in a position where there's a single magic bullet that's going to repair the mortage market, there was time when we might have been able to do that. But now it's going to take multiple tools...the settlement will be part of that. But all by itself it will not be enough," Warren said. "We've just got to keep working on this."

Warren reiterated her previous stance that further investigation and prosecution is necessary.

"This can't be the end, it surely has to be the beginning in trying to bring these guys to justice," she said. "They broke our mortgage market and a lot of families have suffered and a lot are still caught."