Bernie Sanders: Break Up Big Banks; Expand Social Security

[HeyJude514]

Sanders also vowed he would introduce legislation at the start of next congressional session to break up the largest investment banks, saying, “If a financial institution is too big to fail, it is too big to exist.” I'm sure after the bill just passed last week, there aren't too many lawmakers who will be supporting that.

Tea Party members certainly should get behind that, as the bank bailouts has been one of their core issues, but I don't expect any of them to actually go on record when it counts.

[Goinback2011]

The financial system will collapse faster than you think.

That's when real change will occur.

[urbanlife78]

Originally Posted by Goinback2011

The financial system will collapse faster than you think.

That's when real change will occur.

I figured we would have seen some real change after the last collapse, but it seems like most Republicans and some Democrats didn't want any of that.

[Goinback2011]

Originally Posted by urbanlife78

I figured we would have seen some real change after the last collapse, but it seems like most Republicans and some Democrats didn't want any of that.

They've been printing money, off and on, since 2009. This has helped those with assets and hurt those without assets.

Sucks to be a Millenial.

[urbanlife78]

Originally Posted by Goinback2011

They've been printing money, off and on, since 2009. This has helped those with assets and hurt those without assets.

Sucks to be a Millenial.

Very true, that is what happens when politicians let Wall Street write bills to regulate Wall Street.

[Goinback2011]

Originally Posted by urbanlife78

Very true, that is what happens when politicians let Wall Street write bills to regulate Wall Street.

The Fed hasn't been printing money because of any laws passed by Congress.

[HappyTexan]

Originally Posted by urbanlife78

Very true, that is what happens when politicians let Wall Street write bills to regulate Wall Street.

That has nothing to do with the Fed printing money.

[marcopolo]

Originally Posted by Goinback2011

The financial system will collapse faster than you think.

That's when real change will occur.

...why the poor will always be with us.

[urbanlife78]

Originally Posted by Goinback2011

The Fed hasn't been printing money because of any laws passed by Congress.

Yes, the Fed prints money.

[pnwmdk]

Originally Posted by HeyJude514

“Over the last several days, it has become abundantly clear that Congress does not regulate Wall Street but Wall Street regulates Congress," Sanders said. "If Wall Street lobbyists can literally write a provision into law that will allow too-big-to-fail banks to make the same risky bets that nearly destroyed our economy just a few years ago, it should be obvious to all that their incredible economic and political power is a huge danger to our economy and our way of life."

Bernie Sanders: Destroy the big banks before the big banks destroy you

Sanders will put forth two key policy proposals designed to steer economic and political control away from Wall Street and towards the working class.

Wrong, that's steering money, control, power, and corruption TO the government.