Gone "vetting" Some one has. BS and his investments

[Jitter65]

http://garnetnews.com/2016/04/04/bernie-sanders-invested-wall-street/

[revbones]

1. Aren't those funds your 401k can invest in?

Maybe I'm wrong, but this seems a little ridiculous.

He's never claimed investing was wrong. Just robbing investors...

[Joob]

2. Money in politics is wrong what does investing have to do with politics?

What? Are the banks and corporations going to have to do what Bernie Sanders says because he gave THEM money?
lol oooh nooo.

[Hiraeth]

3. That was my first thought as well.

[synergie]

9. He claims that WS and industries are evil, thus putting his money in them

is a bit hypocritical. And yes, his positions and his attacks on these points are ridiculous, but those are his chosen positions, they just don't match what he actually does, when it comes to investment and donations. It's the problematic sides of declaring one's purity and abusing others for ridiculous reasons.

[revbones]

15. That's kind of stupid isn't it?

He's never said there shouldn't be investments. Trying to twist things around so far is a bit ridiculous.

[ibegurpard]

4. great indictment against 401ks

Turning Americans against pensions was one of the greatest scams the financial industry pulled in the 80s and 90s

[Viva_La_Revolution]

23. spot on!

[killbotfactory]

5. Yeah, the socialist is the corrupt one when it comes to corporate money.

really?

[HumanityExperiment]

6. Oh noes...

Is this another 'kitchen sink' attempt by HRS supporters to try to make the meme Bernie's anti capitalism?

When has Bernie ever stated he's against capitalism?

[merrily]

11. .

(Image stolen, without remorse, from tk2kewl)

[merrily]

7. Way to miss the point. The point is, Wall Street has not invested in Sanders and expects no return

Last edited Mon Apr 4, 2016, 02:55 PM - Edit history (1)

from him on its investment.

Sanders put small amounts of money in publicly-traded stocks and expects a return on his investment, just like millions of other Americans, pension funds, etc.

The false equivalency you are attempting seems pathetic, desperate and completely lacking in an understanding of what the issue is.

[Cal Carpenter]

8. LOL

Yeah, I'm sure he would be more respected if he just buried any retirement plan in cash in his backyard.

Socialism is an economic system, not a lifestyle choice.

FFS.

[merrily]

16. Except he is a Democratic Socialist, not a socialist.

Democratic Socialists believe in working within capitalism and within the Democratic Party.

[Nanjeanne]

10. He said he is against the culture of fraud on Wall Street. Subprime mortgages and

dirivatives and speculation.

Read this 2014 article showing how when wages increased significantly on Wall Street - growth in the economy decreased significantly.

Between WWII and 1980, the wages of financial workers were the same as those who worked in non-financial industries. Then the two lines split apart with Wall Street extracting an enormous premium. Do the financiers deserve it? And how would we know if they do or don't? The answer should depend on how much value the financial sector, in fact, produces for our economy. Is there a correlation between the explosion in Wall Street incomes and economic growth?

Yes, there is, but it's negative. As Wall Street wages rise, economic growth slows down.

1950s (1950-1959): 4.17 percent
1960s (1960-1969): 4.44 percent
1970s (1970-1979): 3.26 percent
1980s (1980-1989): 3.05 percent
1990s (1990-1999): 3.2 percent
2000s (2000-2009): 1.82 percent

http://www.alternet.org/economy/american-economy-recover-we-need-fewer-people-working-wall-st-making-much-less-money

Why is it that people are so inclined to want to take things to extreme levels? Sanders says we need regulation on Wall Street because of the culture of fraud. Rather than discuss regulation and how and what - it's "OH NO. BERNIE WASN'T TO DESTROY WALL STREET AND HE THINKS PEOPLE WHO PUT MONEY INTO THEIR 401K MUTUAL FUND ARE BAD!!!!"

[beedle]

12. Jesus WTF??

I saw this nonsense being posted by real dimwits on twitter. I was going to post it here as an example of the bullshit that some Clinton supporters will try to pull, but I thought to myself, "no, this is just too stupid, if I post that as a criticism of Hillary supporters they will ridicule me for bringing this kind of crap and claiming it's coming from Hillary supporters".

I seem my fears (and overestimation of the intelligence and integrity of Clinton supporters) were unfounded.

[CalvinballPro]

13. Snake-Oil Sanders, at it again!

[jillan]

14. It really is infuriating at this stage of the primary season you have NO CLUE about Bernie & WS

I used to be an elementary school teacher so let me try to explain it to you like you were in one of my classes...

Lesson #1: People who work often have a 401k which is retirement fund. It is a place to save money for when you are no longer working and have no income coming in. Most 401k plans are a combination of investments in stocks and bonds.

Lesson #2: There are people who work on Wall Street that want to make as much money as they possibly can. Sometimes they do that by investing in risky investments, investments that pay a higher return on the money but if it was a bad investment people can lose a lot of money.
Some of these people will give lots of money to people that work in Washington DC for our government. The reason they do that is to make sure these people who work in Washington DC do not interfere with what they are doing.
It is not good when people who work at Wall Street give money to people that work at Washington DC because the people in Washington DC will not be making sure that the people in Wall Street aren't doing anything bad that might cause the people who have 401ks to lose their savings accounts.

Are there any questions?

[GeorgeGist]

17. Horrible: He buys stuff from corporations too.

His whole 401k is worth barely more than the $675K Hillary made giving 3 secret speeches to Goldman Sachs.

[Lucinda]

18. Thankie for the info!

[Cheese Sandwich]

19. Bernie the hypocrite. Complained about trade deals then bought socks made in China.

Which side is he on?

[jmg257]

20. Wow - and Clinton feels sorry for Bernie supporters???

because "Sanders owns stock" or something.

[mhatrw]

21. LOL. OMG, BERNIE HAS A 401K!!!!!!!!

[tralala]

22. Lame n/t

[Viva_La_Revolution]

24. gone vetting, and this is all they found

You are just so precious