First they backed Jeb, then Marco, then Cruz, and now, it looks like Wall Street is pinning their hopes on Hillary.
Bernie is not an avuncular Socialist anymore. He is a threat to the capitalistic system of today, a system that has put 90% of America near poverty… The reason? He wants to return America to the capitalistic system we had 20,30,40 years ago… when to borrow a phrase from Donald Trump, “America was great.”
And most of America hopes he succeeds. The anger behind Donald Trump is also anger against the current capitalism which has emasculated the American worker. You add Donald’s followers to Bernie’s followers and you have a majority of America who wants some very big changes to quickly affect the daily lives of 90% of Americans… They need more income.
The capitalist system of today is bigger than America… Most of America’s profits are quickly moved off-shore doing Americans no good for all the work they’ve done for their bosses.
American workers are past their breaking point and only two candidates understand and address their issues. Donald and Bernie. There are opposite differences in addressing the same theme. One is diverting attention away from those big businesses by pointing to Mexicans, Muslims, and Megan (something with M’s?). The other is aiming to control big business by putting it back into the box from which it escaped during George W Bush’s presidency…. But depending on who you mistrust, both are doing exactly the same thing in the grand scheme of things: organizing against today’s form of capitalism.
So, with Wisconsin going to Bernie, there is now some fear that New York may do the same. And that has unleashed all the tricks to blank out both Bernie and Donald so regular Americans continue to be blocked from any say in how their government gets run… something that keeps Wall Street up at night.
Which is why, with the Wisconsin Win, we now have The Daily News of New York and the Washington Post follow-up, excoriate presidential candidate Sanders…
I read the Daily News transcript and you should too. You will understand that headlines quite often these days, do not an accurate description of the article, make.
I was very pleased with Bernie’s answers and was rather shocked that some have said otherwise….
The leader of the negative articles is none other then mega-giant Amazon.Com’s own newspaper, the Washington Post… Remember this paper is owned by Jeff Bezos, 5th richest Forbes designated person in the world, who is worth $52 billion.
There is one reason he would not want Bernie to win and that would be because Bernie would put him in the highest tax bracket. Which is 58% I believe. Though he will cry, cry, cry about paying high taxes, Americans will get far more benefit from his $52 billion portfolio if correctly taxed, then they would from letting him keep even more of his profits, as is being proposed by every other candidate…
So, imagine you had $52 billion in assets… Would you attack someone who would cost you money??? Or someone who would give you money??
Here are the Washington Post’s flurries off that great interview (read the transcript)-=- remind one of Fast and Furious?
But the transcript shows a different story…..Sanders’s conversation with the Daily News was more nuanced than some of the criticism might suggest.
Here is one example…. Sanders was faulted for not having formed an opinion on a recent ruling in federal court. “It’s something I have not studied, honestly,” he said.
That federal court ruling, for instance, remains under seal, and experts on the financial sector said there were additional reasons that Sanders couldn’t give precise answers to several of the questions that were put to him.
When asked how to break up JP Morgan, Sanders answered he’d leave it up to the banks.. That is exactly the right answer. The government doesn’t know the most efficient way to break up JP Morgan, JP Morgan does. If the point is to downsize the banks, the way to do it is to give them a size cap and let them figure out the best way to reconfigure themselves to get under it… It is no different than requiring seat belts in every car, but not specifying how they must be constructed…
The same applies to Sanders not knowing the specific statute for prosecuting banks for their actions in the housing bubble. Knowingly passing off fraudulent mortgages in a mortgage backed security is fraud. And the fact that Sanders didn’t know a specific statute, who cares? How many people know the specific statute for someone who puts a bullet in someone’s head? It’s murder. Specific statute? Are you serious?
Although he did not know, he did argue that the federal law enforcement should devote more manpower to investigating the largest financial firms to determine whether any particular laws were violated, something Clinton has also promised to do, putting both of them at odds with Obama, who chose instead to seek large payments to settle, instead of aggressively prosecuting what could be very involved, risky and unsuccessful at the Supreme Court.
With the exception of the subway token thing, gracefully ending with an image of Bernie jumping a turnstile and gracefully eluding the subway police, it often appeared that the Daily News simply had inexperienced reporters asking vaguely open questions to which Bernie was hearing different parts….
Bottom line is that reading the entire transcript, makes Bernie not someone out of touch with the big picture of running America; which means that those saying he was, ARE out of touch with how America needs to be run….
Look. Mom says: Be home for Thanksgiving… She doesn’t say: get out of work early, pack the night before, take the number 5 bus to the station at 7:45; get on the 8:11 train to Philly and get of at Suburban station and take at 9:22, the 102 bus north….
Bernie got it right… Bezos obviously has a $52.2 billion agenda…. If you are smart (Allan Loudell gets fooled every time), don’t believe any media this campaign, but use them to read the transcripts…. for you are smarter than they are.
Brilliant strategy for any voter: go the source; ignore headlines and commentary.