Forum Post: Bernie Sanders speaks about voting and student debt.
Posted 9 years ago on Aug. 29, 2015, 10:03 a.m. EST by factsrfun
(8342)
from Phoenix, AZ
This content is user submitted and not an official statement
This is link to FB video haven't done this before.
https://www.facebook.com/NowThisNews/videos/vb.341163402640457/897613636995428/?type=2&theater
It appears the MSM is going to gloss over the Sanders bid as much as possible. I can't imagine if Biden were in the race and leading in New Hampshire they would not talk about this as a race rather than self reflection time on an email server. If people like Cornel West and others get involved to ask the simple question, Aren't the rich rich, rich enough? So why does the GOP want to make them richer? If we can't get that simple message out then I fear we have little hope of change.
A media blackout is a great way to make something seem real and meaningful, isn't it?
Just so you know, the duopoly is not a democracy. You might feeeeeeel like your vote matters to them, but at the end of the day they are much much smarter than you.
we allow the rich to control our actions through determine what works they want done
the rich collect the money at the top and employ the people at the bottom
as money is always leaving out the top of the economy
without these projects, the people would have none to circulate
,,,,
money is lost more to rent and interest than it is to taxes
And they appreciate your opting out and trying to get others to do the same.
just like congress and and the candidates refuse to address the 10 to 40 airstrikes daily
You allow the airstrikes when you allow the GOP to win, if W Bush had not been allowed to win we would not have an Iraq War and the towers would most likely still be standing, allowing W Bush to win was the worst mistake I can remember.
if more people voted to stop allowing the GOP to win, things would be better
Its the same reason as soon as the Dems swept in 08 that they took all our money and gave it wall st for 6 years straight. They dont serve you. Are you stupid?
http://www.huffingtonpost.com/h-a-goodman/bernie-sanders-is-not-a-socialist_b_8047266.html
There was actually no vote on the real bailout, the 72 straight months of trillions dumped into wall st via their private racket.
But yes, Bernie did not vote for that bailout. He wanted a bailout, just wanted the rich to pay for it instead.
Regardless, at teh end of the day he wanted a bailout. He knows who his masters are. Sorry, thats the truth.
The bailout was necessary to limit damages to innocent parties. At the time, there was a run on a Money-Market Fund. These funds are where most businesses keep their short-term money to meet payrolls. Imagine a chain of collapsing money-market funds so huge numbers of people get paychecks that bounce. No pay, no cash, no credit, no buy, no job, no work, no product, no pay, no cash, no credit, no buy, no job, no work, no product, in a branched Chained Reaction for which lasers and nuclear bombs are famous for. It might have led to a GLOBAL Economic Meltdown!
I believe that the bailout was warranted. If we have to spread our legs wide and enjoy the ride, so be it. What I cannot stomach is why so few of the culprits have been sent to jail. Even the smaller scaled Savings and Loan Insolvency debacle had thousands of financial criminals sent to jail. I can only make sense of this if we throw in the assumption that our government is POSSESED.
Why on earth would they end up in jail after they were rewarded for doing it?
The financial criminals can run their rackets safe from harm there better. Jails are still the penultimate Gated Community. Check out where the criminal kingpins go for protection when other gangs including the Numero-Uno gang are gunning for them. Jails protect them from the mobs with pitchforks as well as the guillotines. (Here is a very good reason why we MUST save Russia from collapsing - deposed rulers can have protection and live out their lives in luxury before moving to their ultimate Gated Community. Head up, Assad.)
a guarantied base income could keep the economy moving regardless
Economy had been moving just fine before the concept of income was invented.
Yeasts make nice wines from rotting grapes. Dandelions grow as garden salads and can be made into dandelion wine. Baby regurgitates smell like good cheese. Was this how cheese had been invented? Mushrooms and other fungi grow on dead wood. Spoilt milk with yogurt culture is good yogurt. Mow the grass and shrubs (especially pesky poison ivy) with a goat and get milk. Fail at growing four-leaved clover and get fertile soil. Plant tree saplings to shield wind and provide shade in order to avoid excessive heating, air-conditioning, and dandelion infestation. Pluck blueberries from higher hillsides or mountain tops. Drink the nectar from flowers. Catch some fish from mountain streams. Eat some nuts and fruits from various trees. Raise bees as honey-producing slaves. Where is the income? I am not a farmer but a scavenger. See? Nothing!
It does take some technological knowledge to make these transformations work well but that is widely available now.
and you are a greedy lover of money who's only concern is your tax bill you don't give a damn about wealth inequality or getting money out of politics, sorry but that's the truth
You don't think the wealthy few who caused the meltdown should have been stuck with the bill?
You are an idiot - the more you say - the more you prove it.
If you think the ones who caused the collapse are the same ones who would have been taxed on that or felt any of the pain from it, you are the idiot.
Are you one of those guys who thinks the millionaire next door is responsible for collapsing the global economy?
Regardless of how naive you are, your boy Bernie still wanted to save the banks. He just wants different people to pay for it. He knows who his masters are, he's a career politician.
That's why he protested the repeal of Glass/Stegall and wants it put back in place. That's why he wants to break-up the too big to fail.
Face it - You support the current status quo - You love the greedy bastards in the GOP and those funding them.
Your crap - is just that = CRAP
Does it piss you off that one of your best-est buddies (glad-handing backslapping spit-wad lugey/Odin) is now supporting Bernie?
Dude, the banks would have broken up all by themselves through FAILURE if your idiot politicians didnt give them all of our money. Of which Bernie supported, just different financing.
Ive got plenty of friends who are supporting Bernie. Like I said, if he gets the primary nod, then here comes all the cash from the DNC and the whole thing is corrupted all over again. Its a lose lose scenario.
Anyways, theres zero chance the establishment puts a Jewish dude in teh top spot.
Bernie voted against the bank bailout when Shrub put it forward. Bernie would have let the banks fail - that is exactly what he wanted to happen. In that instance small accountholders would have been protected by the federal insurance program already in place for decades - and the wealthy assholes who orchestrated the false bubbles and put together junk bonds and had em rated "triple a" - would have lost their shirts - and the whole mismanaged financial system would have had to have been totally redone.
Of course the establishment politics don't want Bernie in office of course they don't want the public to put "him" or others like him into office - AS that would allow the people to make the needed changes to reign-in the greedy abusers in this country. Which is exactly why the PUBLIC needs to over-ride establishment politics!
WTFU
No, Bernie wanted to bail them out, just different financing. These are his specific words on HIS proposal for a bailout.
""I proposed to raise the tax rate on any individual earning $500,000 a year or more or any family earning $1 million a year or more by 10 percent. That increase in the tax rate, from 35 percent to 45 percent, would raise more than $300 billion in the next five years, almost half the cost of the bailout."
I think Bernie is a decent dude. But with the DNC, its not about him, unless you think the mob is going to voluntarily let someone mess up their little racket.
Besides, the establishment will NEVER put a Jewish dude in there for obvious reasons.
Provide the full transcript and so the full context in which it was stated. Provide the video link to the full speech (as that sounds like where you cherry picked your quote).
Don't you think the wealthy should be paying their fair share to support this country?
Probably just chaps your ass that he is pushing a living minimum wage that would make you have to pay your work crews more than you are willing to pay them now.
Here is the full text. Dude wanted to bail them out, sorry to burst your bernie bubble.
""This country faces many serious problems in the financial market, in the stock market, in our economy. We must act, but we must act in a way that improves the situation. We can do better than the legislation now before Congress.
"This bill does not effectively address the issue of what the taxpayers of our country will actually own after they invest hundreds of billions of dollars in toxic assets. This bill does not effectively address the issue of oversight because the oversight board members have all been hand picked by the Bush administration. This bill does not effectively deal with the issue of foreclosures and addressing that very serious issue, which is impacting millions of low- and moderate-income Americans in the aggressive, effective way that we should be. This bill does not effectively deal with the issue of executive compensation and golden parachutes. Under this bill, the CEOs and the Wall Street insiders will still, with a little bit of imagination, continue to make out like bandits.
"This bill does not deal at all with how we got into this crisis in the first place and the need to undo the deregulatory fervor which created trillions of dollars in complicated and unregulated financial instruments such as credit default swaps and hedge funds. This bill does not address the issue that has taken us to where we are today, the concept of too big to fail. In fact, within the last several weeks we have sat idly by and watched gigantic financial institutions like the Bank of America swallow up other gigantic financial institutions like Countrywide and Merrill Lynch. Well, who is going to bail out the Bank of America if it begins to fail? There is not one word about the issue of too big to fail in this legislation at a time when that problem is in fact becoming even more serious.
"This bill does not deal with the absurdity of having the fox guarding the hen house. Maybe I'm the only person in America who thinks so, but I have a hard time understanding why we are giving $700 billion to the Secretary of the Treasury, the former CEO of Goldman Sachs, who along with other financial institutions, actually got us into this problem. Now, maybe I'm the only person in America who thinks that's a little bit weird, but that is what I think.
"This bill does not address the major economic crisis we face: growing unemployment, low wages, the need to create decent-paying jobs, rebuilding our infrastructure and moving us to energy efficiency and sustainable energy.
"There is one issue that is even more profound and more basic than everything else that I have mentioned, and that is if a bailout is needed, if taxpayer money must be placed at risk, whose money should it be? In other words, who should be paying for this bailout which has been caused by the greed and recklessness of Wall Street operatives who have made billions in recent years?
"The American people are bitter. They are angry, and they are confused. Over the last seven and a half year, since George W. Bush has been President, 6 million Americans have slipped out of the middle class and are in poverty, and today working families are lining up at emergency food shelves in order to get the food they need to feed their families. Since President Bush has been in office, median family income for working-age families has declined by over $2,000. More than seven million Americans have lost their health insurance. Over four million have lost their pensions. Consumer debt has more than doubled. And foreclosures are the highest on record. Meanwhile, the cost of energy, food, health care, college and other basic necessities has soared.
"While the middle class has declined under President Bush's reckless economic policies, the people on top have never had it so good. For the first seven years of Bush's tenure, the wealthiest 400 individuals in our country saw a $670 billion increase in their wealth, and at the end of 2007 owned over $1.5 trillion in wealth. That is just 400 families, a $670 billion increase in wealth since Bush has been in office.
"In our country today, we have the most unequal distribution of income and wealth of any major country on earth, with the top 1 percent earning more income than the bottom 50 percent and the top 1 percent owning more wealth than the bottom 90 percent. We are living at a time when we have seen a massive transfer of wealth from the middle class to the very wealthiest people in this country, when, among others, CEOs of Wall Street firms received unbelievable amounts in bonuses, including $39 billion in bonuses in the year 2007 alone for just the five major investment houses. We have seen the incredible greed of the financial services industry manifested in the hundreds of millions of dollars they have spent on campaign contributions and lobbyists in order to deregulate their industry so that hedge funds and other unregulated financial institutions could flourish. We have seen them play with trillions and trillions dollars in esoteric financial instruments, in unregulated industries which no more than a handful of people even understand. We have seen the financial services industry charge 30 percent interest rates on credit card loans and tack on outrageous late fees and other costs to unsuspecting customers. We have seen them engaged in despicable predatory lending practices, taking advantage of the vulnerable and the uneducated. We have seen them send out billions of deceptive solicitations to almost every mailbox in America.
"Most importantly, we have seen the financial services industry lure people into mortgages they could not afford to pay, which is one of the basic reasons why we are here tonight.
"In the midst of all of this, we have a bailout package which says to the middle class that you are being asked to place at risk $700 billion, which is $2,200 for every man, woman, and child in this country. You're being asked to do that in order to undo the damage caused by this excessive Wall Street greed. In other words, the "Masters of the Universe," those brilliant Wall Street insiders who have made more money than the average American can even dream of, have brought our financial system to the brink of collapse. Now, as the American and world financial systems teeter on the edge of a meltdown, these multimillionaires are demanding that the middle class, which has already suffered under Bush's disastrous economic policies, pick up the pieces that they broke. That is wrong, and that is something that I will not support.
"If we are going to bail out Wall Street, it should be those people who have caused the problem, those people who have benefited from Bush's tax breaks for millionaires and billionaires, those people who have taken advantage of deregulation, those people are the people who should pick up the tab, and not ordinary working people. I introduced an amendment which gave the Senate a very clear choice. We can pay for this bailout of Wall Street by asking people all across this country, small businesses on Main Street, homeowners on Maple Street, elderly couples on Oak Street, college students on Campus Avenue, working families on Sunrise Lane, we can ask them to pay for this bailout. That is one way we can go. Or, we can ask the people who have gained the most from the spasm of greed, the people whose incomes have been soaring under president bush, to pick up the tab.
"I proposed to raise the tax rate on any individual earning $500,000 a year or more or any family earning $1 million a year or more by 10 percent. That increase in the tax rate, from 35 percent to 45 percent, would raise more than $300 billion in the next five years, almost half the cost of the bailout. If what all the supporters of this legislation say is correct, that the government will get back some of its money when the market calms down and the government sells some of the assets it has purchased, then $300 billion should be sufficient to make sure that 99.7 percent of taxpayers do not have to pay one nickel for this bailout.
"Most of my constituents did not earn a $38 million bonus in 2005 or make over $100 million in total compensation in three years, as did Henry Paulson, the current secretary of the Treasury, and former CEO of Goldman Sachs. Most of my constituents did not make $354 million in total compensation over the past five years as did Richard Fuld of Lehman Brothers. Most of my constituents did not cash out $60 million in stock after a $29 billion bailout for Bear Stearns after that failing company was bought out by J.P. Morgan Chase. Most of my constituents did not get a $161 million severance package as E. Stanley O'Neill, former CEO Merrill Lynch did.
"Last week I placed on my Web site, www.sanders.senate.gov, a letter to Secretary Paulson in support of my amendment. It said that it should be those people best able to pay for this bailout, those people who have made out like bandits in recent years, they should be asked to pay for this bailout. It should not be the middle class. To my amazement, some 48,000 people cosigned this petition, and the names keep coming in. The message is very simple: "We had nothing to do with causing this bailout. We are already under economic duress. Go to those people who have made out like bandits. Go to those people who have caused this crisis and ask them to pay for the bailout."
"The time has come to assure our constituents in Vermont and all over this country that we are listening and understand their anger and their frustration. The time has come to say that we have the courage to stand up to all of the powerful financial institution lobbyists who are running amok all over the Capitol building, from the Chamber of Commerce to the American Bankers Association, to the Business Roundtable, all of these groups who make huge campaign contributions, spend all kinds of money on lobbyists, they're here loud and clear. They don't want to pay for this bailout, they want middle America to pay for it.""
Provide the link.
You are not bursting "my" bubble - I know damn well that the wealthy are not paying their employees fairly and they are not paying into the whole system fairly either.
You go ahead and cry about the possibility of higher taxes placed on the wealthy - I won't shed a tear.
Im not crying about any of it.
Your burst bubble was about Bernie wanting a bailout, just different financing. He supported saving the banks. I mean, hes a politician, what do you expect?
Here, its on his page dumb dumb: http://www.sanders.senate.gov/newsroom/press-releases/2008/10/01/wall-street-bailout
If you can show me the collected data from OWS showing what the majority of OWS members supported or opposed - then I will accept the shown conclusion. BUT you do not speak for everyone who was or is a member of OWS nor for all who have ever supported OWS.
I don't think anyone was angry that a full-blown depression was averted - and that many millions of jobs were saved.
I do however think that many have legitimate anger and disagreements with much of what was done as to the way it was done and how it left the majority of the population to pay for what the few caused.
Im not speaking for everyone, just making an observation. I think we can safely assume most of OWS has a major problem with wealth inequality as well. The former is not a stretch.
The pain actually would have been fairly minimal from the big bank collpases, as it would have liquified a lot of consumer debt, and the other banks would have filled in. Another "disaster" pitch by the MSM so they can steal our money basically.
Theres certainly legitimate anger over how it was handled. And since then not much has changed.
And you have a problem with this? Putting the cost of a bailout (if deemed necessary) on those who caused it?
Like I said = You are totally screwed-up.
I have a problem with bailouts period. As did most of OWS.
No bailouts. Not bailouts with your employers paying for them. That is still a bailout. And its still empowering the bankers.
This is something myself and a politician like Bernie are in disagreement with. I just wanted to make sure you knew the facts.
Its almost like everyone has forgotten the 08 campaign already. History repeating itself, who would have thought!
I think its absolutely absurd that Apple pays no taxes, that the politicians give subsidies to big pharma, big agra and big energy. I hate it. Its why Im an activist.
Im also not silly enough to think that doing the same thing over and over will yield different results.
As far as Fight for $15 goes, they can go ahead and do that. Its not going to affect me at all, and the prices of everything will level out and the purchasing power of $1 will be right where it is now, if not worse, pretty quickly afterwards.
Stagnant wages are a symptom, manipulating them is not a fix, its a bandaid. Its why Dems love it, it doesnt address the real underlying problems their masters create.
But you rail against Bernie addressing the issues - you rail against him raising taxes on the wealthy and collecting taxes from wealthy corporations - a minimum "living" wage would be tied to inflation so as not to degrade in value as cost of living increases.
So when you say Bernie knows who his masters are and is only doing their bidding - surely you mean = The Public = Working People and Families. And I say you are a misguided fool (at best) or are a supporter of the current state of affairs - as you attack the one individual running for office who is putting forward the things we need to do as a country to fix wealth inequality as well as social inequality.
Wealth inequality can be fixed gradually through an inheritance tax of 100% for any assets or cash or properties worth in total over $600,000 (indexed to inflation) left over by the deceased. That was how we got much of our land from the Native Americans without killing them off immediately and yet assured that the whites of the U.S.A. shall inherit America. All land had to go to whites (enforced by law at gunpoint) upon the deaths of natives so they could be phased out peacefully.
pay rent to your white landlords
it's called white privileged
Humid land has always been a measure of true wealth through the ages. The color of the owners' skin is only incidental. Race is a mental construct of our ignorant forebears drummed into us but it is very real because of its effects. The only true cure for racists is either epiphany or confinement to the ultimate Gated Community.
Ok, see its stupid nonsense like "wages tied to inflation" that make me shake my head. Because clearly THAT number is never manipulated lol.
I'm just saying Bernie has been in that shithole for 25 years, he's old as shit, and he's just joined the Democrats. And he said he'll endorse Hillary otherwise. So wtf?
He's not the only person drawing attention to things, he's just the most popular.
The people that run the duopoly are a lot smarter than the voting public, I think we can agree on that, right?
I equate your bold program as doing nothing - because at best that is all that you have presented since 2011 - as well as telling others to do nothing. You never ever forward actions - other than occasionally forwarding a protest. Protest - by itself - will not make the changes this country needs.
the debt economy is dependent on the rich feeding money into it and choosing the jobs we do
Your bold program of doing nothing - is just looking to hit bottom as soon as possible - and then die.
Why do you always equate not supporting the duopoly with doing nothing?
Have you been programmed so deeply over such a long time that you cannot imagine anything else?
How on earth did Justine ever make the decision to put YOU in charge of this place?
Immediately!
You? So far it seems like you are happy just the way things are.
Sorry but paling around with the establishment is not going to do that. I realize you are ready, I think most of America is.
Its just that there is this small minority that keeps pushing Democrats and Republicans as the answers to the rest of the population.
The sooner that stops, the sooner we will get there.
Yeah - I am sure that ALL of us would rather that Bernie ran on a non-existent national Independent Platform that would assure that he had no chance of winning.
At what point would you like to start building real systemic change?
At what point would you like to start building some real solutions?
He is bringing attention to things as he has done for the whole time he has been in office - NOW however - People are getting the oportunity to hear him do so - and it is the others who find themselves needing to copy from him in their speeches - difference being = Bernie is serious and the others are not.
The establishment would like to think that they are smarter than the average voter.
And apparently you would like that to be true - as you wouldn't have to work so hard to see that nothing gets better for the majority of the population.
I think if you take a look around the country its clearly true, or we wouldnt be living in a multinational corporate shithole with crumbling infrastructure and bombs dropping on Africa on a daily basis.
Good for Bernie bringing attention to things. Bernie paling around with the DNC is not the answer though. Again, I guess no one has learned a thing the last 8 years.
Rich fund war #DOD through US
poor choose not to work for war #congress
I quit
which is why I have student debt
Yeah - just roll over and play dead - like that's gonna help - idiot!
you better get to the job or bombers may not get the support they need
always worried about your taxes, it must be very disturbing to you to see Bernie doing so well
at being popular ?
I know you wouldn't understand this Matt but change is a process..
we could stop drop bombs today
you could support people for public office that vote against war, but you won't, so a lot of things could happen but many won't
Bernie - live stream - about half an hour from now.
http://www.bing.com/videos/search?q=bernie+sanders+and+cornel+west+9%2f12%2f2015&qpvt=bernie+sanders+and+cornel+west+9%2f12%2f2015&form=VDRE&first=1#view=detail&mid=DED428FC7854F58B48FDDED428FC7854F58B48FD
http://www.dailykos.com/story/2015/09/11/1420445/-Despite-the-MSM-doing-their-best-to-ignore-or-otherwise-attack-Bernie-Bernie-continues-to-rise
Hey the link still works!
"Student Debt And Voting" ... huh?!!!
And YES indeed, "the link still works"!!
nunc fiat lux et - MULTUM IN PARVO!
I see DoorMat and turd-o-charger don't like this message from Bernie - they love to piss and moan - and then tear-down what they say they support = political revolution by the people to take control of government.
Yeah - they really want to see positive change for peace health and prosperity for "all" in this country = NOT
It figures that the MSM is gonna belittle Bernie as much as possible - because the MSM is the voice of the obscenely wealthy few who are destroying this world in pursuit of satisfying their greed.
One of the biggest problems we face is that almost everyone on TV is among the 1% it may be a few billionaires that buy the politics but the system is twisted to favor over 3,000,000 wealthy Americans and they populate positions of power throughout the nation.