2016 Postmortem

Sancho

(9,206 posts)

81. But the big money is already offshore...

Wed Jul 8, 2015, 01:26 PM

Jul 2015

so "breaking up" US banks - not usually the biggest in the world - won't do anything. Only one US bank in the top 10 and it's in 5th place. It will take international agreements to do anything about bank size and manipulation. Bernie's plan won't do a thing.

https://en.wikipedia.org/wiki/List_of_largest_banks

1 Steady China Industrial & Commercial Bank of China (ICBC) 3,328.48
2 +1 China China Construction Bank Corporation 2,704.16
3 -1 United Kingdom HSBC Holdings 2,634.14
4 +3 China Agricultural Bank of China 2,579.81
5 +1 United States JPMorgan Chase & Co. 2,573.13
6 -2 France BNP Paribas 2,526.98
7 +2 China Bank of China 2,463.08
8 -3 Japan Mitsubishi UFJ Financial Group 2,337.04
9 -1 France Crédit Agricole Group 2,143.88
10 +1 United Kingdom Barclays PLC 2,114.13
11 +1 United States Bank of America 2,104.53
12 -2 Germany Deutsche Bank 2,078.13
13 +1 United States Citigroup Inc 1,842.53
14 -1 Japan Japan Post Bank 1,736.34
15 +5 United States Wells Fargo 1,687.16
16 -1 Japan Mizuho Financial Group 1,640.71
17 Steady United Kingdom Royal Bank of Scotland Group 1,635.93
18 +5 China China Development Bank 1,614.99
19 -3 France Société Générale 1,591.00
20 -1 Spain Banco Santander 1,540.08

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Hillary Folks: Sen Sanders wants to Break up Big Banks. Where does Sec Clinton Stand on this Issue? [View all] grahamhgreen Jul 2015 OP

If you have to ask, bvar22 Jul 2015 #1

lol. You'd think one of her think tank members could step up to the plate with an answer. If they grahamhgreen Jul 2015 #2

why step up to the plate, when you have a stone wall? nt HFRN Jul 2015 #151

Can I use that? rbnyc Jul 2015 #60

^^ LOL!!! nt HFRN Jul 2015 #150

45 minutes of crickets hootinholler Jul 2015 #3

Yeah, and that team of advisors MissDeeds Jul 2015 #7

You know Hillary, she always stands with average people like us LittleBlue Jul 2015 #4

Excellent Effort grahamhgreen. So sad they can't respond. 2banon Jul 2015 #5

Not breaking up big banks I guess? Rosa Luxemburg Jul 2015 #6

I suggest you ask her. George II Jul 2015 #8

She is running, right? You guys care about her policy Ed Suspicious Jul 2015 #10

Yes she's running, and I'm pretty sure no members of DU are running or are on her campaign... George II Jul 2015 #14

I'm asking you. Do you know where she stands on this issue? grahamhgreen Jul 2015 #39

So we can't talk about non-issues... rbnyc Jul 2015 #62

I thought all the Clinton supporters should know where she stands! Man of Distinction Jul 2015 #11

Sanders waited until May 2015 to start "breaking up banks"? JaneyVee Jul 2015 #9

Maybe he had to evolve on the issue. Ed Suspicious Jul 2015 #12

He introduced legislation in 2009 to break up the banks AgingAmerican Jul 2015 #54

And it failed, even with Democratic majorities in both houses. So what is different today... George II Jul 2015 #77

I've never heard it stated so clearly. Thanks. bvar22 Jul 2015 #116

A huge.... Springslips Jul 2015 #129

I think he started much earlier than that.. Man of Distinction Jul 2015 #13

You're correct. But if he introduced that legislation in 2009 when the Democrats.... George II Jul 2015 #16

What makes it sad?� MrMickeysMom Jul 2015 #26

If he couldn't get legislation passed while IN the congress.... George II Jul 2015 #33

So being president is on the outside then. zeemike Jul 2015 #37

There are three branches of United States Government... MrMickeysMom Jul 2015 #47

HE couldn't get it past a right wing Democratic party AgingAmerican Jul 2015 #55

His plan is also to retake the House and Senate..... virtualobserver Jul 2015 #57

And then he'll fly to the moon on gossamer wings. Arkana Jul 2015 #70

get back with me after he wins the nomination virtualobserver Jul 2015 #73

The Democratic Party and Democratic Representatives/Senators were "right wing" in 2009? George II Jul 2015 #76

We're being told that he is has "leadership qualities", and people are now touting this 2015.... George II Jul 2015 #75

It is a sad commentary on the most of the rest of the Dems in Congress. It was a sensible bill Luminous Animal Jul 2015 #34

Conversely, I think it's a sad commentary on the Party we're supporting. 2banon Jul 2015 #69

WHERE DOES HILLARY STAND ON THIS ISSUE? grahamhgreen Jul 2015 #40

How can anyone comparison shop if we can't inspect the product? nc4bo Jul 2015 #67

While your at it, ask them where she stands on Publicly Funded Elections vs. Super Pacs and Dustlawyer Jul 2015 #15

Does she believe in Motherhood and a chicken in every pot? George II Jul 2015 #35

If you need to know that, ask her. bvar22 Jul 2015 #113

She stands with both hands out at the corner of Wall Street and Third Way Way Indepatriot Jul 2015 #17

MISOGYNIST! OnyxCollie Jul 2015 #18

brocialist! 93% the same! MisterP Jul 2015 #48

Bernie Eatacig Jul 2015 #19

Are you seriously comparing Bernie to Herbert Hoover or am I missing something here? Ed Suspicious Jul 2015 #29

"a chicken in every pot" was Huey Long's famous slogan for his election to Governor. bvar22 Jul 2015 #120

Then he likely appropriated the phrase from the 1928 Hoover campaign. Thanks for clearing that up Ed Suspicious Jul 2015 #122

I absolutely agree with Bernie on this. It should have been done long ago but especially after they sabrina 1 Jul 2015 #20

How Dare You !! CTBlueboy Jul 2015 #21

good article here on bernie/hillary voting differences restorefreedom Jul 2015 #22

Maybe a reporter will ask this question? abelenkpe Jul 2015 #23

Interesting ismnotwasm Jul 2015 #24

Reining in run-away capitalism is now a libertarian plot! [n/t] Maedhros Jul 2015 #119

Poor hillary wilsonbooks Jul 2015 #25

She should take a clear stand on the issue. Yes or No. pa28 Jul 2015 #27

LOL - those big banks are clogging up the plumbing! PatrickforO Jul 2015 #31

This makes me smile. nt SusanCalvin Jul 2015 #43

No, she shouldn't. She is running for President of the USA, Darb Jul 2015 #64

She shouldn't take a clear stand? ljm2002 Jul 2015 #68

A majority of Americans support breaking up the big banks. pa28 Jul 2015 #82

Where does she stand on this issue? grahamhgreen Jul 2015 #104

You aren't allowed to know. If you did it would risk her election chances - so says the poster a Ed Suspicious Jul 2015 #123

And they think she can get elected on a platform of vapor. grahamhgreen Jul 2015 #137

She was the Senator from New York, and rateyes Jul 2015 #28

Well, here's a happy little article on Common Dreams that might shed some light on your question: PatrickforO Jul 2015 #30

That sums up my feelings nicely bobbobbins01 Jul 2015 #36

Chase is largest US bank but only 7th in the world Progressive dog Jul 2015 #32

What does the world have to do with OUR banking system? zeemike Jul 2015 #42

So just US banks get broken up since Progressive dog Jul 2015 #49

That's nonsense the dollar is the reserve currency of the world. zeemike Jul 2015 #56

hmmm, you are aware there's more money in Caribbean banks than in NYC? Sancho Jul 2015 #72

So with moniplistic big banks in the US we have more off shore money. zeemike Jul 2015 #90

You need international agreements to get a handle on the big banks... Sancho Jul 2015 #91

You need international agreements to get a handle on the big banks? bvar22 Jul 2015 #121

Yep...and Iceland didn't have piles of private and corporate dollars in Samoa... Sancho Jul 2015 #130

The MOST imprtant component of your plan... bvar22 Jul 2015 #132

I'm sorry but you have not explained just why we cannot break up our big banks. zeemike Jul 2015 #133

One reason is that Florida (for example) has 200 billion in employee retirement in those banks. Sancho Jul 2015 #134

So what you are saying is they hold us hostage. zeemike Jul 2015 #135

No, they don't steal the money... Sancho Jul 2015 #136

Well right if someone takes your money they are a winner zeemike Jul 2015 #145

So you are saying US banks are different Progressive dog Jul 2015 #146

Yes obviously they are different. zeemike Jul 2015 #147

So you just want to get even with US Banks Progressive dog Jul 2015 #148

No I want US banks to work for us not the world elite. zeemike Jul 2015 #149

There is no bank monopoly, Progressive dog Jul 2015 #153

Don't put em on the spot JackInGreen Jul 2015 #38

It's why they'll lose. They can't even say if she's for or against it. Sad. grahamhgreen Jul 2015 #41

Not can't, won't. nt SusanCalvin Jul 2015 #44

For your enjoyment while we await a response. Tommymac Jul 2015 #45

Just to put this to rest, I will answer it for Hillary ... nikto Jul 2015 #46

And this becomes extremely important, because sadoldgirl Jul 2015 #50

According to CNN interview she has 'her own plan' but ducked th question on point Jul 2015 #51

...and Nixon had his own secret plan for ending the VietNam War. bvar22 Jul 2015 #154

Prevent another Crash: Reform Wall Street. MARTIN O'MALLEY elleng Jul 2015 #52

Well, that is what Bernie has proposed since 2009 sadoldgirl Jul 2015 #53

''For goodness' sake'' Ichingcarpenter Jul 2015 #58

Well, I'd sure like to know. raouldukelives Jul 2015 #59

So, Sanders has been ineffective on this and many other issues. Evergreen Emerald Jul 2015 #61

We have ourselves to blame... rbnyc Jul 2015 #65

Maybe. hootinholler Jul 2015 #71

oh lordy are you listening to yourself? Sheepshank Jul 2015 #86

This message was self-deleted by its author bvar22 Jul 2015 #114

No you misunderstood me hootinholler Jul 2015 #118

oh alrighty then...that I do understand n/t Sheepshank Jul 2015 #124

WHERE DOES HILLARY STAND ON THIS ISSUE? grahamhgreen Jul 2015 #102

She says no because it is a stupid idea to propose that will lose the election for her. Darb Jul 2015 #63

We will fucking see. rbnyc Jul 2015 #66

Obviously Bernie is on the right track with this issue and it is an almost certainty Hillary randys1 Jul 2015 #79

I'm not worried about that. rbnyc Jul 2015 #80

Link to her position? grahamhgreen Jul 2015 #105

Hillary is aware that breaking up US Banks will accomplish nothing. Sancho Jul 2015 #74

The banks have gotten even bigger than they azmom Jul 2015 #78

But the big money is already offshore... Sancho Jul 2015 #81

Why the hell did we bail them out then? azmom Jul 2015 #84

It was a compromise - and it worked in part. Sancho Jul 2015 #85

We bailed them out because they azmom Jul 2015 #87

Would it prevent them from being "too big to fail"? Yes or no. grahamhgreen Jul 2015 #106

What anyone proposes is not an issue, it's what you can deliver. Sanders himself acknowledged this stevenleser Jul 2015 #83

herein lies the problem with this thread Sheepshank Jul 2015 #88

Pure rhetoric silliness. aspirant Jul 2015 #93

I see you're still around. Sheepshank Jul 2015 #94

If you listen closely aspirant Jul 2015 #96

LOL, exactly. stevenleser Jul 2015 #97

Where does Hillary stand on this issue? For or against, it ain't rocket science. grahamhgreen Jul 2015 #108

Where is Bernie on Israel, and on the Israeli boycott, I haven't heard him say anything so I assume still_one Jul 2015 #111

Deviate much aspirant Jul 2015 #126

no different then this OP, setting up a sound bite so if Hillary doesn't comment immediately on still_one Jul 2015 #131

No, I'd like to know her position. For, against, none, which one? grahamhgreen Jul 2015 #139

It hasn't been asked as far as I am aware still_one Jul 2015 #142

the same place she stands on giving everyone a diamond mine. It doesnt matter because it cannot stevenleser Jul 2015 #112

Deviate much? aspirant Jul 2015 #127

Yes, we can. grahamhgreen Jul 2015 #140

Absolutely. Also, it is an excuse to setup a straw man argument against Hillary. I could do the still_one Jul 2015 #109

it sure as hell IS an issue ibegurpard Jul 2015 #89

What do you "deliver," not "propose" aspirant Jul 2015 #92

In other words, you can refute what I said and raise that canard instead. LOL. stevenleser Jul 2015 #95

"in other words" aspirant Jul 2015 #98

I translated your words perfectly. Raising canard = you gave up. nt stevenleser Jul 2015 #99

Are you a translator too? aspirant Jul 2015 #101

Yup. You make it easy when you deviate from the topic to attack me personally. It means stevenleser Jul 2015 #103

Deviations aren't one of your specialities, aspirant Jul 2015 #115

What does that even mean? Bobbie Jo Jul 2015 #143

Where does she stand on this issue? It's not a difficult question. grahamhgreen Jul 2015 #107

On what issue? What Bernie can't deliver? How about making everyone be able to fly? stevenleser Jul 2015 #110

Deviate much? aspirant Jul 2015 #117

Is that her position? Link? grahamhgreen Jul 2015 #141

Does she think that having banks that are too big to fail are good or bad for America? grahamhgreen Jul 2015 #144

Purely rhetorical question. libdem4life Jul 2015 #100

lol...and the responses where all rhetoric, too Sheepshank Jul 2015 #125

Pretty much. libdem4life Jul 2015 #128

I'd like to know where she stands on this important issue. grahamhgreen Jul 2015 #138

Here's what she has on the issue on her website... PoliticAverse Jul 2015 #152

Any specifics on her additional steps? grahamhgreen Jul 2015 #156

she stands on the tarmac, next to their jets HFRN Jul 2015 #155