In Fact, Sanders Has a Very Clear Plan on How to Break Up Too-Big-to-Fail Banks

[Ferd Berfel]

http://www.commondreams.org/news/2016/04/06/fact-sanders-has-very-clear-plan-how-break-too-big-fail-banks

Sanders campaign, analysts counter media frenzy lambasting Daily News interview

Following suggestions that he somehow "bungled" when asked about how he would, if elected president, break up Wall Street's largest and most dangerous institutions, the Bernie Sanders campaign on Tuesday offered a detailed explanation of how he would end "too-big-to-fail' banks."

Sparking corporate media's "great feeding frenzy" was an interview the presidential candidate had April 1 with the New York Daily News editorial board, the transcript of which was published online Monday.

The Washington Post described it as "pretty close to a disaster," while Jeremy Stahl wrote at Slate that Sanders "appeared to struggle" on the details of how to break up the big banks.

Hillary Clinton also seized on the interview, sending the transcript to supporters in a fundraising email that stated: "even on his signature issue of breaking up the banks, he's unable to answer basic questions about how he'd go about doing it." She also told MSNBC's Morning Joe on Wednesday, "The core of his campaign has been breaking up the banks, and it didn’t seem in reading his answers that he would understand exactly how that would work under Dodd-Frank."

But as New York Times finance and business reporter Peter Eavis argued, "taken as a whole, Mr. Sanders's answers seem to make sense. Crucially, his answers mostly track with a reasonably straightforward breakup plan that he introduced to Congress last year."
?itok=VmUh3qwL

[firebrand80]

1. Of course he has one, now nt

[Ferd Berfel]

3. No, You're wrong, Again - 170 Prominent Economists Back Bernie Sanders’ Plan to Rein in Wall Street

He's always been on the mark.

170 Prominent Economists Back Bernie Sanders’ Plan to Rein in Wall Street


http://usuncut.com/politics/170-top-economists-back-bernie-sanders-plan-to-rein-in-wall-street/

[elleng]

2. Yes, and Robert Reich said

Senator Sanders does understand. 'Bernie was absolutely correct when he said the President has the authority to break up the big banks under Dodd-Frank. He's repeatedly specified exactly how he'd use that Dodd-Frank authority to do so. His critics are confusing the Dodd-Frank Act with the Federal Reserve.'

https://www.facebook.com/RBReich/posts/1192384144107513?fref=nf&pnref=story

[slipslidingaway]

4. knr nt

[felix_numinous]

5. Sanders is a man with a plan

that will put the brakes on their gravy train, and pop the bubble of denial they are all in.

This revolution involves breaking the addictions these people have to power and money, and like addicts they will fight and squirm while we break them of their destructive habits. They will lie to get their fix.