Who are these "130 economists" that endorse how Bernie pays for his proposals?

[Motown_Johnny]

6. 170, not 130.

Why do you think anyone is going to respect your opinion concerning numbers when you can't even get this one right?????

http://progressiveissue.com/170-top-economists-back-bernie-sanders-plan-to-break-up-the-biggest-banks/

^snip^

170 Top Economists Back Bernie Sanders’ Plan To Break Up The Biggest Banks


Following on the heels of the Nation magazine’s endorsement (only their third ever) and new polls showing Sanders within striking distance of his rivals in Iowa and New Hampshire, it’s clear that not only the average people but also our academia are seeing the logic and necessity in Sanders’ proposals. This election will shape the future of our nation for decades to come; it is absolutely critical that we do not allow dark money and entrenched political establishments to preserve the plutocratic status quo. The fate of the middle class depends on it.

Click here to see the full list of names of the intellectuals who place the betterment of our nation over the ravenous greed of hypercapitalism and the demands of American oligarchy.



http://www.occupydemocrats.com/2016/01/14/170-top-economists-pen-letter-backing-bernie-sanders-plan-to-break-up-the-biggest-banks/

^snip^


In our view, Sen. Bernie Sanders’ plan for comprehensive financial reform is critical for avoiding another “too-big-to-fail” financial crisis. The Senator is correct that the biggest banks must be broken up and that a new 21st Century Glass-Steagall Act, separating investment from commercial banking, must be enacted. Wall Street’s largest banks are now far bigger than they were before the crisis, and they still have every incentive to take excessive risks.


No major Wall Street executive has been indicted for the fraudulent behavior that led up to the 2008 crash, and fines imposed on the banks have been only a fraction of the banks’ potential gains. In addition, the banks and their lobbyists have succeeded in watering down the Dodd-Frank reform legislation, and the financial institutions that pose the greatest risk to our economy have still not devised sufficient “living wills” for winding down their operations in the event of another crisis.

Secretary Hillary Clinton’s more modest proposals do not go far enough. They call for a bit more oversight and a few new charges on shadow banking activity, but they leave intact the titanic financial conglomerates that practice most shadow banking. As a result, her plan does not adequately reduce the serious risks our financial system poses to the American economy and to individual Americans. Given the size and political power of Wall Street, her proposals would only invite more dilution and finagle.

The only way to contain Wall Street’s excesses is with reforms sufficiently bold and public they can’t be watered down. That’s why we support Senator Sanders’s plans for busting up the biggest banks and resurrecting a modernized version of Glass-Steagall.