Wall Street Reform and Financial Policy | Bernie Sanders
YouTube has the video Wall Street Reform and Financial Policy | Bernie Sanders
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Bernie Sanders discusses his vision for economic reform in America, including reigning in Wall Street and financial policies he would implement as president. “If Wall Street does not end its greed, we will end it for them!”
Note the mention of the $16 trillion no cost loans that the FED created to bailout the banks. How many of you knew the magnitude of what the FED created? How many of you knew this could be done? How many of you would have expected massive hyperinflation when this money got created by the FED? How many of you knew how astoundingly wrong Ron and Rand Paul are about economics and monetary policy? (This is not to say that under different conditions, such a vast amount of money creation would create inflation. How many of you know why it didn’t create inflation this time, and under what circumstances it would create inflation?)
If more people understood the facts that Bernie Sanders reveals in this speech, they would have no trouble figuring out that Bernie Sanders is the only viable candidate that will work in the interests of the middle class and the poorer people in this country. They will understand why Hillary Clinton won’t do it, and most assuredly Donald Trump won’t do it.
We must all #FeelTheBern, and Wall Street must feel the burn of true justice from a Sanders administration. This may be the time to adapt a sports axiom, “If wall Street doesn’t feel the pain, then Main Street won’t see any gain.”
I think that these are words that Elizabeth Warren would also tell you. The oversight and exposure she did of the badly implemented bank bailout would not have happened without Bernie Sanders’ amendment to the legislation that created her oversight committee. You’d think she might come to endorse the guy who rocketed her to fame, and led eventually to her position as Senator.