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2016 Postmortem
In reply to the discussion: Would Bernie supporters be so kind as to define "Wall Street" for us? [View all]kristopher
(29,798 posts)124. Sanders is pretty explicit. Learn what he says and then rant if you need to.
Shouldn't you be interested in the actual policies that are on the table? Or would it help your retirement more if you focus on stirring up baseless fears and promoting misunderstanding?
https://berniesanders.com/issues/reforming-wall-street/
Let us know what specific policies you think should not be put in place.
KEY ACTIONS
Introduced the Too Big to Fail, Too Big to Exist Act, which would break up the big banks and prohibit any too-big-to-fail institutions from accessing the Federal Reserves discount facilities or using insured deposits for risky activities.
Led the fight in 1999 defending Glass-Steagall provisions which prevented banks (especially too big to fail ones) from gambling with customers money, and currently is a co-sponsor of the Elizabeth Warren/John McCain bill to reinstate those provisions.
Has proposed a financial transaction tax which will reduce risky and unproductive high-speed trading and other forms of Wall Street speculation; proceeds would be used to provide debt-free public college education.
Is co-sponsoring Sen. Tammy Baldwins bill to end Wall Streets practice of paying big bonuses to bank executives who take senior-level government jobs.
Introduced a tax on Wall Street speculation to make public colleges and universities tuition-free
Supports capping credit card interest rates at 15%.
Sponsored an amendment calling for an audit the Federal Reserve. The audit found that far more had been spent in the Wall Street bailout than previously disclosed, and that considerable funds had been spent to bail out foreign corporations.
Warned about the risks of deregulation eight years before the fiscal crisis of 2008.
Has proposed limiting the ability of bankers to get rich from taxpayer bailouts of their institutions
Introduced the Too Big to Fail, Too Big to Exist Act, which would break up the big banks and prohibit any too-big-to-fail institutions from accessing the Federal Reserves discount facilities or using insured deposits for risky activities.
Led the fight in 1999 defending Glass-Steagall provisions which prevented banks (especially too big to fail ones) from gambling with customers money, and currently is a co-sponsor of the Elizabeth Warren/John McCain bill to reinstate those provisions.
Has proposed a financial transaction tax which will reduce risky and unproductive high-speed trading and other forms of Wall Street speculation; proceeds would be used to provide debt-free public college education.
Is co-sponsoring Sen. Tammy Baldwins bill to end Wall Streets practice of paying big bonuses to bank executives who take senior-level government jobs.
Introduced a tax on Wall Street speculation to make public colleges and universities tuition-free
Supports capping credit card interest rates at 15%.
Sponsored an amendment calling for an audit the Federal Reserve. The audit found that far more had been spent in the Wall Street bailout than previously disclosed, and that considerable funds had been spent to bail out foreign corporations.
Warned about the risks of deregulation eight years before the fiscal crisis of 2008.
Has proposed limiting the ability of bankers to get rich from taxpayer bailouts of their institutions
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Anyone who has supported in the past, supports now, or supports in the future, Hillary Clinton.
onehandle
Mar 2016
#2
Sanders is pretty explicit. Learn what he says and then rant if you need to.
kristopher
Mar 2016
#124
Give 'em a break, spin and lies are all they have, the can't win on the issues or her record
pdsimdars
Mar 2016
#15
We aren't against Wall Street, we're against how Wall Street has infiltrated the govt
RiverLover
Mar 2016
#32
You sound like a republican. A small stock holder has no say in what goes on in DC
RiverLover
Mar 2016
#26
It's seriously shocking to see people on this kind of a site acting confused about this.
vintx
Mar 2016
#42
Yes, it is shocking. And no it doesn't seem Democratic. But then neither does Hillary.
RiverLover
Mar 2016
#54
Hillary being in bed with Wall Street damages her; so your answer is, Wall Street ain't that bad!
CoffeeCat
Mar 2016
#82
"Sanders supporters stuff their money under their mattresses." Wow. Fuck me every which way...
cherokeeprogressive
Mar 2016
#84
That's right, Jon. Then why doesn't Bernie propose legislation capping ERs/loads
Kang Colby
Mar 2016
#135
Ridiculous post. And I worked in the financial services industry for nearly 20 years.
Old Crow
Mar 2016
#134
No envy at all. Righteous contempt, disgust and demand for reform. Now.
appalachiablue
Mar 2016
#105
The Sanders plan is online, and so is much of the work of economists like Reich.
appalachiablue
Mar 2016
#116
That's actually a legit (and critical) question in linguistic philosophy!
Lizzie Poppet
Mar 2016
#89
Sorry but many have gone far beyond their legitimate roles and size to become Big Evil Meanies
Armstead
Mar 2016
#53
I think some people here would be very unhappy with how "pro-Wall St" Elizabeth Warren is
brooklynite
Mar 2016
#56
How many crimes must Goldman Sachs, Citigroup, & JP Morgan commit before you consider them corrupt
think
Mar 2016
#61
So when Clinton calls for new reforms on "Wall Street" she wants reforms on "all of us"? n/t
PoliticAverse
Mar 2016
#129
That's the spirit! Ignore people who say things contrary to your opinion. Life is so grand.
Buzz Clik
Mar 2016
#76
I didn't say you did. I had interaction with OP previously. Got an alert from it. no hide but,
Hiraeth
Mar 2016
#80
what country are you from? ever head of Glass–Steagall before the GOP & Clintons dismandeld it.
fourcents
Mar 2016
#150
This OP is reminiscent of the kind of posts I've seen anti-regulation-of-firearms apologists make.
aidbo
Mar 2016
#100
It's a street in the south end of Manhattan running between Broadway and the FDR. n/t
Chan790
Mar 2016
#115
It's not something Bernie made up. It's commonly referred to by many in the context of
Cleita
Mar 2016
#126
How awesome is it you can refuse to see people use Wall Street for short hand
Kalidurga
Mar 2016
#130
What? Bernie is running on campaign finance reform, it's all related and it would take away the NRA-
fourcents
Mar 2016
#145
Answer=Bernie Sanders: 'Congress Doesn't Regulate Wall Street. Wall Street Regulates Congress.'
fourcents
Mar 2016
#147
Passive-aggressive OP's...always the most effective way to build party unity. n/t.
Ken Burch
Mar 2016
#149