General Discussion
In reply to the discussion: Bernie Sanders Fed Audit (prepare yourself to be ticked off) [View all]AtheistCrusader
(33,982 posts)On the Senate side, Sanders did everything he could, and he had help from awesome people like Kucinich, and Grayson. Good people all.
In the House, Sanders had no pull. Paul wrote that bill. He and his supporters got the entire republican party to break ranks with the crony capitalists, no mean feat in itself, and got it passed. Without that, Sanders efforts would be in vain. It only takes a moment to acknowledge the ONE thing in almost 30 years of being in the House, that RP accomplished, because it helped us mightily.
Now, that said, that report uncovered the total 16tn in loans more than a year ago. Before you go off half-cocked, you should understand that it wasn't a total 16tn, it was more or less the same 1tn in a revolving door of made and repaid loans. That distinction is important because while it means the taxpayers were exposed to a total 16tn in liability over the life of the activity, at any given time the exposure was more like 1tn, and if the deals had gone bad, it would have stopped there.
Not to diminish a trillion dollars though. Still monumentally criminal. And I agree with you that we need to prosecute.
Sanders is a good dude. If he drinks, I'd like to buy him a case of whatever he likes. He has done us an enormous service. One we cannot repay. But please do not pretend he did it alone.