Just the kind of guy to totally destroy the economy and all the benefits of world trade. Send him to Russia he would fit right in.
Raving loon looking for his 15 seconds of fame.
6 Ways Bernie Sanders Running Will Challenge Hillary Clinton
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Just the kind of guy to totally destroy the economy and all the benefits of world trade. Send him to Russia he would fit right in.
Raving loon looking for his 15 seconds of fame.
Who's benefitting from world trade?
And by 'destroying the economy' are you referring to the stock market or the one that hasn't seen workers wages increase for 30 plus years?
If you feel he is a loon looking for 15 seconds of fame I'd like to hear your opinion on the 20 plus republican potentials motivations.........
Trade agreements should not just work for corporate America, they have got to benefit the working families of our country"
Sen. Bernie Sanders (I-Vt.) voted “nay” today as the Senate advanced a proposed 12-nation Pacific Rim trade deal. In a floor speech before the 65-33 roll call vote, Sanders detailed four key reasons why the proposal would be bad for American workers and consumers.
The Trans-Pacific Partnership would follow in the footsteps of other disastrous trade pacts. The North American Free Trade Agreement, Permanent Normal Trade Relations with China and other trade deals are a major reason why some 60,000 American factories closed since 2001 as manufacturers shifted jobs to low-wage nations overseas and 4.7 million American jobs disappeared.
“Why would we approve another trade deal like those that have failed so miserably,” he asked.
The Pacific Rim agreement is backed by multi-national corporations, Wall Street and the pharmaceutical industry – all of which have shown contempt for American working families. Virtually every major trade union and leading environmental and religious groups are opposed. “Who should the American people trust, greedy corporations or those leading the fight for jobs, the environment and moral values?” Sanders asked.
The pact includes a provision which would let corporations take countries to court with claims that environmental, public health and other laws might impact their expected future profits. Under existing trade agreements, for example, the tobacco giant Philip Morris is suing Australia and Uruguay over labeling requirements for cigarettes. The Swedish energy company Vattenfall launched a $5-billion case over Germany’s decision to phase out nuclear power. “Why would we pass legislation that would undermine democracy and allow corporations to challenge laws designed to protect the public?” Sanders asked.
Because of the political clout of the U.S. pharmaceutical industry, Americans already pay the highest prices in the world for prescription drugs. Doctors Without Borders has voiced alarm that the proposed agreement would pad profits on pharmaceutical sales in the United States while making life-saving generic drug treatments unaffordable to millions of people around the world.
“Trade agreements should not just work for corporate America, Wall Street and the pharmaceutical industry. They have got to benefit the working families of our country,” Sanders said. “We must defeat fast track and develop a new policy on trade.”
Sanders: No to Job-Killing Trade Bill - Senator Bernie Sanders of Vermont
Bernie Sanders wants to take from the rich in order to make public college tuition-free for everyone else.
On Tuesday, Sanders will hold a press conference in the nation's capital at which he will introduce a plan to use a so-called Robin Hood tax on stock transactions to fund tuition at four-year public colleges and universities.
Sanders' bill sets a 50-cent tax on every "$100 of stock trades on stock sales, and lesser amounts on transactions involving bonds, derivatives, and other financial instruments," the group Robin Hood Tax on Wall Street said Monday in a press release.
"The Robin Hood tax would also slow the growth of automated high frequency trading, which makes the stock market more dangerous," the press release stated. "A small tax would make risky HFT unprofitable, and help reduce the excess speculation on commodities like food and gas that drives up prices, which will protect the economy from computer-generated collapses and market manipulation."
Sanders, who is the only candidate so far to mount a formal challenge to Democrat Hillary Clinton, argues that making college tuition-free will help America compete in the global marketplace.
"We live in a highly competitive global economy and, if our economy is to be strong, we need the best-educated work force in the world," the Vermont senator said in a press release on Sunday. "That will not happen if, every year, hundreds of thousands of bright young people cannot afford to go to college, and if millions more leave school deeply in debt."
Bernie Sanders Wants to Tax Stock Trades to Pay for Free College - Bloomberg Politics
On Tuesday, Sanders will hold a press conference in the nation's capital at which he will introduce a plan to use a so-called Robin Hood tax on stock transactions to fund tuition at four-year public colleges and universities.
Sanders' bill sets a 50-cent tax on every "$100 of stock trades on stock sales, and lesser amounts on transactions involving bonds, derivatives, and other financial instruments," the group Robin Hood Tax on Wall Street said Monday in a press release.
"The Robin Hood tax would also slow the growth of automated high frequency trading, which makes the stock market more dangerous," the press release stated. "A small tax would make risky HFT unprofitable, and help reduce the excess speculation on commodities like food and gas that drives up prices, which will protect the economy from computer-generated collapses and market manipulation."
Sanders, who is the only candidate so far to mount a formal challenge to Democrat Hillary Clinton, argues that making college tuition-free will help America compete in the global marketplace.
"We live in a highly competitive global economy and, if our economy is to be strong, we need the best-educated work force in the world," the Vermont senator said in a press release on Sunday. "That will not happen if, every year, hundreds of thousands of bright young people cannot afford to go to college, and if millions more leave school deeply in debt."
Bernie Sanders Wants to Tax Stock Trades to Pay for Free College - Bloomberg Politics
Seems the banksters have Hillary looked after..........
The lines are drawn: Hillary to Warren & Sanders; kiss my Glass-Steagall
Progressives who like to believe that there is no difference between the democrat primary candidates have just had a major rude awakening moment as Hillary Clinton distinguishes herself from candidates Sanders and O'Malley.
Glass-Steagall which was passed into law in 1933 forced big banks to split their investment and commercial banking practices. It was repealed under the Clinton Administration and is credited with being responsible for the 2008 financial collapse.
Despite a promise yesterday to be tough on Wall Street and an ongoing effort to woo liberal-minded voters that favor the Elizabeth Warren style of politics, Hillary Clinton will not include a call for restoring the Glass-Steagall Act as part of her bid for the Democratic presidential nomination.
Clinton made no mention of the Glass-Steagall Act in her economic policy address yesterday in New York. But economist and Clinton campaign adviser Alan Binder told Reuters that Clinton will not back any effort to restore the 1933 law that separated commercial banking from investment banking.
"You're not going to see Glass-Steagall," said Binder.
There is movement in the Senate to reinstate Glass-Steagall:
Sens. Elizabeth Warren (D-Mass.) and John McCain (R-Ariz.) are reintroducing legislation to revive the Glass-Steagall Act, which would force big banks to split their investment and commercial banking practices.
[...]
Warren and McCain, along with their cosponsors, Sens. Angus King (I-Maine) and Maria Cantwell (D-Wash.), said in a statement that the legislation would make big banks that are "too big to fail" smaller and safer and minimize the likelihood of a government bailout.
The bill, which they first introduced in the last Congress, would separate traditional banking with checking and savings accounts from financial institutions that offer services such as investment banking, which are riskier.
"Despite the progress we've made since 2008, the biggest banks continue to threaten our economy," said Warren, an ardent Wall Street critic, in a statement. "The biggest banks are collectively much larger than they were before the crisis, and they continue to engage in dangerous practices that could once again crash our economy"