Posts tagged Bernie Sanders
Posts tagged Bernie Sanders
More than $4 trillion in near zero-interest Federal Reserve loans and other financial assistance went to the banks and businesses of at least 18 current and former Federal Reserve regional bank directors in the aftermath of the 2008 financial collapse, according to Government Accountability Office records made public for the first time today by Sen. Bernie Sanders (I-Vt.)
On the eve of Senate testimony by JPMorgan Chase CEO Jamie Dimon, Sanders released the detailed findings on Dimon and other Fed board members whose banks and businesses benefited from Fed actions.
A Sanders provision in the Dodd-Frank Wall Street Reform Act required the Government Accountability Office to investigate potential conflicts of interest. The Oct. 19, 2011 report by the non-partisan investigative arm of Congress laid out the findings, but did not name names. Sanders today released the names.
Trust me, it’s infuriating. Sanders is a true champion for Wall St. reform.
Sen. Bernie Sanders kicks serious ass on the floor. Elections have consequences. Here’s a transcript:
We are at a pivotal moment in American history, and many Americans watching the deficit talks in Washington are confused, perplexed, angry and frustrated.
This country, which has paid its debts from Day 1, must pay its debts. Anyone who says it is not a big deal for this country to default clearly does not understand what he or she is talking about. This is a nation whose faith and credit has been the gold standard of countries throughout the world. Some people simply say we’re not going to pay our debt, that there’s nothing to really worry about. Those are people who are wishing our economy harm for political reasons, and those are people whose attitudes will have terrible consequences for virtually every working family in this country in terms of higher interest rates, in terms of significant job loss, in terms of making a very unstable global economy even more unstable.
Our right-wing friends in the House of Representatives have given us an option. What they have said is end Medicare as we know it and force elderly people, many of whom don’t have the money, to pay substantially more for their health care. So when you’re 70 under their plan and you get sick and you don’t have a whole lot of income, we don’t know what happens to you. They forget to tell us that if their plan was passed you’re going to have to pay a heck of a lot more for the prescription drugs you’re getting today. They we’re going to throw millions of kids off health insurance. If your mom or dad is in a nursing home and that nursing home bill is paid significantly by Medicaid and Medicaid isn’t paying anymore, they forgot to tell us what happens to your mom or dad in that nursing home. What happens?
And what happens today if you are unemployed and you’re not able to get unemployment extension? What happens if you are a middle-class family desperately trying to send their kids to college and you make savage cuts to Pell grants and you can’t go to college? What does it mean for the nation if we are not bringing forth young people that have the education that they need? They forgot to tell us that. And if you are one of the growing number of senior citizens in this country who are going hungry, they want to cut nutrition programs. And on and on it goes. Every program that has any significance to working families, the sick, the elderly, the children, the poor, they are going to cut in the midst of a recession when real unemployment is already at 15 percent and the middle class is disappearing and poverty is increasing. That’s their idea.
Shouldn’t the wealthiest Americans and the most profitable corporations contribute to deficit reduction rather than just the elderly and the sick and working families? They say no. They’re going to defend the richest people in this country - millionaires and billionaires - and make sure they don’t pay a nickel more in taxes. We’re going to make sure there is no tax reform so we can continue to lose $100 billion every single year because wealthy people and corporations stash their money in tax havens in the Cayman Islands or Bermuda, and that’s just fine. We’ll protect those tax breaks while we savage programs for working families.
Those are the choices that our right-wing Republican friends are giving us. Default with horrendous economic consequences for working families in this country and for the entire global economy or massive cuts to programs that working families desperately need.
Neither of those options is acceptable to me. Neither are those options acceptable to the vast majority of the people in this country. Every single poll that I have seen says that the American people want shared sacrifice. They don’t want or believe that deficit reduction can simply come down on the backs of the weak and the vulnerable, the elderly, the children, and the poor. They believe that the wealthy and large corporations also have to participate.
In all honesty, I also must tell you that I have been disappointed by President Obama’s role in these discussions. He has brought forth and idea which I categorically reject, that we should make significant cuts in Social Security, that when someone when someone reaches the age of 85, they would lose $1,000 as opposed to what they would have otherwise gotten. This senator is not going to balance our budget on the backs of an 85-year-old person who’s earning $14,000 a year. And this senator does not agree with the president that we should raise eligibility age for Medicare from 65 to 67, because I don’t know what happens to millions of people who have worked their whole lives, finally reach 65 anticipating Medicare but it’s not going to be there for them.
One of the most important lessons in all of this is that elections have consequences. Many people now are beginning to catch on to that. It is no secret that our right-wing Republican colleagues did very well in November 2010. They captured the House of Representatives.
If you believe that we have to start investing in America and creating the millions of jobs that this country desperately needs, elections have consequences. If you believe that we have to address the deficit crisis in a way that is responsible, in a way that asks the wealthy and large corporations also to play a role, in a way that calls for cuts in defense spending and bringing our troops home as soon as possible from Afghanistan and Iraq, you have got to be involved in the political process.
In my view a group of people in the House whose views represent a small minority of the American people are holding this Congress hostage. It is time for the American people to stand up and say, enough is enough; the function of the United States Congress is to represent all of our people and not just the wealthy and powerful.
Senator Bernie Sanders calls out President Obama for not supporting the middle class and bending to the Republicans too often.
Here’s a partial transcript:
"At a time when the richest people and the largest corporations in our country are doing phenomenally well, and, in many cases, have never had it so good, while the middle class is disappearing and poverty is increasing, it is absolutely imperative that a deficit reduction package not include the disastrous cuts in programs for working families, the elderly, the sick, the children and the poor that the Republicans in Congress, dominated by the extreme right wing, are demanding."
"Instead of yielding to the incessant, extreme Republican demands, as the President did during last December’s tax cut agreement and this year’s spending negotiations, the President has got to get out of the beltway and rally the American people who already believe that deficit reduction must be about shared sacrifice."
"Republicans in Washington have never believed in Medicare, Medicaid, federal assistance in education, or providing any direct government assistance to those in need. They have always believed that tax breaks for the wealthy and the powerful would somehow miraculously trickle down to every American, despite all history and evidence to the contrary. So, in that sense, it is not strange at all that they would use the deficit crisis we are now in as an opportunity to balance the budget on the backs of working families, the elderly, the sick, the children and the poor, and work to dismantle every single successful government program that was ever created."
Sanders also called on Americans to send a letter to Obama, urging the President to end tax breaks for the wealthy and eliminate tax loopholes that benefit large corporations.
I made a summary version.
In conclusion, Bernie Sanders is a BAMF.
Sen. Bernie Sanders’ (I-VT) corporate freeloaders list! Fuck these guys. Seriously. I paid way more in taxes than they did.
For Bernie Sanders:
For the soulless bastards on his list, and those who made their malfeasance possible:
Robin Hood in Reverse - Sen. Bernie Sanders talks about the immorality of cutting services for lower and middle class people (i.e. WIC and Pell Grants), and then giving tax breaks to billionaires.
The Estate Tax (which was given an Orwellian rename by the Republicans as the “Death Tax”) does and will not hurt you — unless it is abolished.
The Estate Tax affects only 3/10 of 1% of the richest Americans. We’re not even talking about the wealthy here, we’re talking about the OBSCENELY wealthy here.
To put this in context, if the Republicans get what they want, it would mean $30 BILLION in tax cuts for the Walton family (who own Walmart) alone.
So they barely pay their workers a living wage and abuse them in a hundred other ways, drive multiple small businesses out of the marketplace which are major drivers of economic growth in the country, and the Republicans in the Senate and an all-too compliant President Obama, want to rewards them for all that by giving them a tax cut that is more than the gross national product of some of the nations of the world.
For anyone to look at that and NOT think that is radically out of balance, is simply insane.
Click through to read more.
Read it. Please.
bernie sanders, OWNING YOUR FUCKING FACES, REPUBLICANS
as if I could love him anymore.
Yes, yes, yes Bernie Sanders!
This is nothing new for Senator Sanders. He’s the lone Socialist senator, even though they list him as an independant & tends to caucus with the Democrats. Imagine what we could do with 10 Bernie Sanders? 20? 50?
Bernie Sanders 2012, please.
Sen. Bernie Sanders begins his filibuster…
Bernie Sanders on the Senate floor (watch him now, live on CSPAN2)
BERNIE SANDERS FOR PRESIDENT!
Sen. Landrieu and Sen. Sanders are throwing down as a tag team - Republicans threatened the filibuster on DADT, these two are bringing it over tax cuts for the rich.
Senator Bernie Sanders threatens to filibuster tax cut deals.
SANDERS: Not only is this bad public policy, driving up the deficit, increasing the growing gap between the rich and everybody else… I think it is bad politics. It’s bad politics in the sense of who is going to believe the President, or anybody who votes for this, in the future when you have campaigned for years against Bush’s economic policy and say “Oh, by the way, that’s what I’m voting for. I’m voting for tax breaks for the rich.” And by the way, if it turns out in this deal to be two years, you can bet that that’s just the beginning. It will be extended beyond that. So I think for a Democratic President, Democratic House, Democratic Senate to be following the Bush economic philosophy of tax breaks, millionaires, and billionaires is absolutely wrong public policy, absolutely wrong politically, and I gotta tell you… I will do whatever I can to see that 60 votes are not acquired to pass this piece of legislation.
SCHULTZ: Will you filibuster this?
SANDERS: I will do whatever I can on this. This is a very, very bad agreement.
SCHULTZ: So the two year extension of the Bush tax cuts, the thirteen months on unemployment, that’s the reported meat of the deal. You’re telling us tonight that you will do everything you can to stop this deal—
SANDERS: I will.
SCHULTZ: —this will of course push it into the next session of Congress and we would go back to the old right(?). That’s what would you take right now, Senator?
SANDERS: I believe, Ed, that we have the vast majority of the American people on our side. I think we gotta hold tough on this, hold firm on this, and not concede to Republicans, who as you indicated, have no inclination to compromise. They want it all for their rich friends.
I won’t vote for Republicans - not even when they call themselves Democrats.
I like Bernie Sanders a lot, as a matter of fact he’s probably my favorite senator. But I do have to say this: why hasn’t he and the Democrats filibustered any of the BS the Republicans have been shoveling in the past 10+ years? Why only now, after the Democrats squandered their majorities in both houses?
(and yes I know Senator Sanders is not a Democrat, but he tends to side with them in these issues)
Better late than fucking never…
I don’t care who you are, or where you live, or your political views - you should watch this video.