Wednesday, January 6, 2016

Sanders Attacks Banks and the Clintons

Sanders attacks Hillory, more specifically the Clintons, support for big banks and repeal of Glass Steagall. The Clintons, supported by big banks for decades, repealed Glass-Steagall and enacted legislation that prevented millions of students defaulting on student loans. These choices, laws crushing the middle class, particularly after CDO's imploded during Lehman collapse in 2008, has Sanders supporting relationship rather than transactional banking. The public, left ignorant of these details, is increasing supporting Sanders because they 'feel' they are no longer represented.

Headline: Bernie Sanders Says Hillary Clinton Is Wrong on Glass-Steagall

Democratic presidential candidate Bernie Sanders spoke about Wall Street reform in a speech in New York on Tuesday. He said he will fight to reinstate the Glass-Steagall Act.



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