LOVE YOU BERNIE:-) NOW IT IS TIME TO PROTEST THE WARS AND THE CORPORATE TAKE OVER SO BE IN WASHINGTON DC ON OCTOBER 6TH 2011 IN FREEDOM PLAZA. TO VIEW THIS COMING EVENT TYPE--OCTOBER2011 OR "STOP THE MACHINE". SEE YA'LL THERE.
I like what you have to say here. I have posted it at my blog at piggybankblog com, which was created for all those who were abused by Bank of Destroying America's potentially illegal, fraudulent and simply abusive loan modification process.
I disagree that the purveyors of economic disaster succumbed to irresponsibility.
Just because the cause & effects are inexplicable to Congress, John & Jane Q. Public, does not mean that the mass murdering Debt Syndicate behaved in a manner other than exactly according to accurate & precise Plunder & War of Aggression plans.
Bernie's the main man behind the people of this country. The little people need to get off their lazy asses and stop watching football games because you'll soon not be able to watch them anyhow. We need to fight for this great countries return to the norm. Out with the entire Cabinet and Obama especially.
In every flawed or faulty system, there are some that will always unjustly benefit as direct result of those very flaws and faults, and will do ANYTHING to ensure that no corrective action ever be taken.
The lock is broken on the candy store, and those in a position to fix it, are the very one's taking the candy!
I call most of them corporatist, they work for the corporations, just watch how they vote.
I believe in capitalism but this supercapitalism that we have now is detrimental to our country. When the margin between the lowest workers and the highest is so far apart the country starts to disintegrate just like in the 1930's greed, elitism and the lack of humanity was gone and it is happening just like it did before; but this time we have some social network or the people would be rioting.
I wish Senator Sanders would introduce legislation that would take away ANY AND ALL tax breaks from corporations operating offshore, using other than American labor. No congressman would survive voting against that.
And make the bill that simple and straight forward just like this one, 2 pages. He would catch a lot of flak I'm sure, not to mention that the press would probably skew the story in an effort to discredit him/the bill.
Does any body remember that line in robocop 2 where big companies are buying up cities and that CEO says "you can buy shares in your own city what could be more democratic than that" (or there about)
Without sounding to glib, does that scary scenario now sound more feasible? Is that the way we are heading by letting big business get to big? They appear to have more power than governments at the moment. At what point can your security force be considered paramilitary?
I believe that if our government doesn't put some strict regulations on these TBTF then we as citizens should take out our money from these banks and put them into a credit union and tear up our credit cards from these companies and let them feed off themselves, they are giving over 50 billion in bonuses this year, I can't for the life of me figure out where all this money is coming from when so many are unemployed.
I think they are just gambling on Wall St. myself, but what do I know.
@mad8london247 Hi I just read on the Internet that they were doing this in the UK, and putting regulation out much faster then here in the USA. Have you heard different?
God bless Bernie. He is one of those that they try to marginalize tho. Even if he were President, he would face the same powers that Obama now faces. The ruling class is extremely powerful and growing daily.
Our Country would be much better off! Our military would still be strong but there would surely be cutbacks. Lets use some of that bloated military budget to make life better for OUR people. He is one of the few Senators not in the pocket of big business. He has a very steep hill to climb, sadly.
right, they were encouraged, but how do you encourage a bank? think about it. They bought banks that did receive bailout funds. So they buy a bank, sell the government the bad assets, and keep the good assets and the customers
well, this whole recession was intentionally caused by the 4 big banks and their connections to the federal reserve in order to eat up the smaller banks to consolidate power.
its something these giants get bailouts but if you are a struggling family or a small business the government considers them to be expendable. (unrelated dont trust direct tv)
What do we say we break up the banks in the reverse order in which they merged. For example: Wells Fargo -> Wachovia -> First Union -> Florida National.
They are "running the table". This is the "runniing the table" model of economy. i doubt that is what we want the "economy" to be. We need a different model for the economy other than the Casino model where money is the only prize. We might have to insist on covering the cleavage for a while.
"THEY" can be broken up if the sheeple would simply move their accounts to a state bank or credit union, then REFUSE TO PAY THE USURY ON THEIR CREDIT CARDS. STARVE THEM TO DEATH.
Why oh why didn't they let the market dictate who survives?
Those companies should have been allowed to die or make it on their own.
It isn't a free market if you have the gov proping up these moron companies.
There was a change for some little to mid size guys to gain some ground but instead of letting things happen "naturally" they bailed them out and stifled competition.
To me, the bailout was a necessary evil to prevent economic Armageddon. HOWEVER, the bailout should immediately have been followed with the kind of legislation being proposed here by Bernie, in that we force the Treasury to identify those banks that are dangerous to our country and to break them up -- Teddy Roosevelt-style. By taking the bailout, those banks showed that they don't deserve to stay intact.
I mildly agree with that, but, the market tried to correct itself and the bailout ruined that adjustment.
I really feel that better, more responsible companies would have rose from the ashes and no hard reform would be needed. They would have learned from the demise of others.
Instead all they found was those big companies aren't going anywhere no matter how bad they screw us over, and no matter how well you run your company your one chance to compete with the big guys was stolen from you.
I believe in capitalism, but I think just letting the system collapse in order for us to stay true and pure capitalists is just not realistic or desirable, so I think TARP was a necessary "evil." However, the clandestine crap The Fed is pulling (trillions in loans) is worrisome and The Fed need reigned in ASAP. Same with "too big to fail." The banks were too big to fail. To not recognize that is folly. However, that is not a situation we should tolerate any longer.
Maybe its not such a good idea to have a revolving door with big bank employees and government regulatory offices. I'm sure if they do a good job for the banks that they get a promotion at the bank when they return, maybe to million dollar bonuses!
I am against any govt selling public assets to privateers. The FED should operate like the Reserve Bank of Australia, and like central banks in the EU. It should not be up to private companies to play around with our lives. I appreciate your comments
I like this video very much...have fun!
alliemunsch 2 months ago
LOVE YOU BERNIE:-) NOW IT IS TIME TO PROTEST THE WARS AND THE CORPORATE TAKE OVER SO BE IN WASHINGTON DC ON OCTOBER 6TH 2011 IN FREEDOM PLAZA. TO VIEW THIS COMING EVENT TYPE--OCTOBER2011 OR "STOP THE MACHINE". SEE YA'LL THERE.
kdills 4 months ago
I like what you have to say here. I have posted it at my blog at piggybankblog com, which was created for all those who were abused by Bank of Destroying America's potentially illegal, fraudulent and simply abusive loan modification process.
My name is John Wright and I AM FIGHTING BACK!
bofalawsuit 1 year ago
I disagree that the purveyors of economic disaster succumbed to irresponsibility.
Just because the cause & effects are inexplicable to Congress, John & Jane Q. Public, does not mean that the mass murdering Debt Syndicate behaved in a manner other than exactly according to accurate & precise Plunder & War of Aggression plans.
centurion180ad 2 years ago
My new rallying cry: BREAK THEM UP!!!
LeelaSavage 2 years ago 5
What happens when these banks are allowed to engineer another financial debacle just so they can get their hands in the nations piggy bank again?
What happens when the Chinese realize we're bankrupt and we can't pay off all our debt to them?
What happens if the petroleum exchange gets moved off of the dollar?
ResParaCue 2 years ago
Bernie's the main man behind the people of this country. The little people need to get off their lazy asses and stop watching football games because you'll soon not be able to watch them anyhow. We need to fight for this great countries return to the norm. Out with the entire Cabinet and Obama especially.
BablyonsKing 2 years ago
In every flawed or faulty system, there are some that will always unjustly benefit as direct result of those very flaws and faults, and will do ANYTHING to ensure that no corrective action ever be taken.
The lock is broken on the candy store, and those in a position to fix it, are the very one's taking the candy!
BROKEN, BROKEN, BROKEN, BROKEN!
fret2424 2 years ago
@hobatu
I call most of them corporatist, they work for the corporations, just watch how they vote.
I believe in capitalism but this supercapitalism that we have now is detrimental to our country. When the margin between the lowest workers and the highest is so far apart the country starts to disintegrate just like in the 1930's greed, elitism and the lack of humanity was gone and it is happening just like it did before; but this time we have some social network or the people would be rioting.
knowhelpnow 2 years ago 3
I wish Senator Sanders would introduce legislation that would take away ANY AND ALL tax breaks from corporations operating offshore, using other than American labor. No congressman would survive voting against that.
DojoNDude 2 years ago 2
And make the bill that simple and straight forward just like this one, 2 pages. He would catch a lot of flak I'm sure, not to mention that the press would probably skew the story in an effort to discredit him/the bill.
ResParaCue 2 years ago
This comment has received too many negative votes show
Your an idiot. Do you live in Canada?
gre9416 2 years ago
Does any body remember that line in robocop 2 where big companies are buying up cities and that CEO says "you can buy shares in your own city what could be more democratic than that" (or there about)
Without sounding to glib, does that scary scenario now sound more feasible? Is that the way we are heading by letting big business get to big? They appear to have more power than governments at the moment. At what point can your security force be considered paramilitary?
ptango101 2 years ago
Thank you Mr. Sanders. You absolutely make sense!
AudiophileTubes 2 years ago 9
Love Bernie, he's a clear and honest thinker. Our thanks to the people of Vermont!
oldpol1 2 years ago 12
I wish I could vote for him.
RedNProud 2 years ago
Sen Sanders, you nailed the topic again. You are a clear thinker and communicator. Thank you...keep speaking out.
CaGrandma 2 years ago 6
Mr Sanders makes a lot of sense and is a man of principle. Wish we had more like him in office.
terry387 2 years ago 4
The people need to take back the government and the economy so they begin to work in our best interests...
johnditsallgood 2 years ago 2
Senator Bernie Sanders is the best!
bangzoom77 2 years ago
This will happen again, it did in 1929...
jona95822 2 years ago
I believe that if our government doesn't put some strict regulations on these TBTF then we as citizens should take out our money from these banks and put them into a credit union and tear up our credit cards from these companies and let them feed off themselves, they are giving over 50 billion in bonuses this year, I can't for the life of me figure out where all this money is coming from when so many are unemployed.
I think they are just gambling on Wall St. myself, but what do I know.
knowhelpnow 2 years ago
I'd nominate Naomi Wolfe to be the secretary of my interior!
saxahydros 2 years ago
Hopefully, they'll take a page from his suggestion and do the same in the U.K.
mad8london247 2 years ago
@mad8london247 Hi I just read on the Internet that they were doing this in the UK, and putting regulation out much faster then here in the USA. Have you heard different?
knowhelpnow 2 years ago
They're breaking up one bank, Northern Rock.
£8 billion will be given to the one which will also possess all the assets and profits.
The other one which consists of all the bad debts will be the other bank. This will also be the one to pay the £8 billion back to the taxpayer.
There is a theory that a Minister may have been promised a Directorship, when this person retires, from government.
Breaking them up is the first hurdle. What happens to all the assets? Someone will make money.
mad8london247 2 years ago
God bless Bernie. He is one of those that they try to marginalize tho. Even if he were President, he would face the same powers that Obama now faces. The ruling class is extremely powerful and growing daily.
wingman329 2 years ago
I'm learning so much from this channel.
Thanks.
tw8e60 2 years ago 2
In a righteous America, Bernie Sanders would be President of the United States with Naomi Wolf as Vice President.
Womanizer2985 2 years ago 2
Our Country would be much better off! Our military would still be strong but there would surely be cutbacks. Lets use some of that bloated military budget to make life better for OUR people. He is one of the few Senators not in the pocket of big business. He has a very steep hill to climb, sadly.
wingman329 2 years ago
Out (of Prison) with the Pot People... IN with Corporate Predators (actual Enemies of America)!
wallywalt 2 years ago 3
hear hear
inc0gn3grO 2 years ago
Were these banks not encouraged to buy-or bailout- the smaller big banks? If so, they saved us from having to do so and those banks from failure.
toofoggy1 2 years ago
right, they were encouraged, but how do you encourage a bank? think about it. They bought banks that did receive bailout funds. So they buy a bank, sell the government the bad assets, and keep the good assets and the customers
inc0gn3grO 2 years ago
Sanders for President!
Scarfaced111 2 years ago
Makes sense - like when you build a network you need to make sure it doesn't collapse if the super-nodes get taken down.
infinit888 2 years ago
we need to break up the biggest financial institution of them all - the Federal Reserve banks, Fannie and Freddie Macs.
tooltalk 2 years ago
Fix the audio in the beginning
D0g63rt 2 years ago
well, this whole recession was intentionally caused by the 4 big banks and their connections to the federal reserve in order to eat up the smaller banks to consolidate power.
inc0gn3grO 2 years ago
The concentration of these institutions also leads to exorbitant executive salaries.
OccamsView 2 years ago
This man is a genius and someone in Washington needs to listen to him!
jeremiah2012 2 years ago 4
its something these giants get bailouts but if you are a struggling family or a small business the government considers them to be expendable. (unrelated dont trust direct tv)
johngallion97 2 years ago
Yeah! Break 'em up. This not only happens in US. Also in G-money, the Deutsche Bank has too much power.
gitarrengotttt 2 years ago
What do we say we break up the banks in the reverse order in which they merged. For example: Wells Fargo -> Wachovia -> First Union -> Florida National.
milkgodnl 2 years ago
Truth to power!
scottsway 2 years ago
Breaking up these institutions is absolutely necessary to restore confidence in America's financial institutions.
I also think the Federal Reserve needs far more checks and balances.
cyber1zen 2 years ago 4
They are "running the table". This is the "runniing the table" model of economy. i doubt that is what we want the "economy" to be. We need a different model for the economy other than the Casino model where money is the only prize. We might have to insist on covering the cleavage for a while.
hypnofan35 2 years ago
"THEY" can be broken up if the sheeple would simply move their accounts to a state bank or credit union, then REFUSE TO PAY THE USURY ON THEIR CREDIT CARDS. STARVE THEM TO DEATH.
anolmec 2 years ago 5
This I agree with 100%. I can't BELIEVE people still hold accounts at places like Bank of America!
eXcommunicate1979 2 years ago 6
Everyone should use credit unions where they are stakeholders. you can do most any business and get credit cards with a decent interest rates.
oldpol1 2 years ago 2
This has been flagged as spam show
Break 'em up! Revoke their corporate charters. This isn't capitalism it's corporate plutocracy or oligarchal corporatism.
I'm with you Bernie.
popster357 2 years ago
Break 'em up! Revoke their corporate charters. This isn't capitalism it's corporate plutocracy or oligarchal corporatism.
I'm with you Bernie.
popster357 2 years ago 5
Why oh why didn't they let the market dictate who survives?
Those companies should have been allowed to die or make it on their own.
It isn't a free market if you have the gov proping up these moron companies.
There was a change for some little to mid size guys to gain some ground but instead of letting things happen "naturally" they bailed them out and stifled competition.
Demaestr0 2 years ago 2
To me, the bailout was a necessary evil to prevent economic Armageddon. HOWEVER, the bailout should immediately have been followed with the kind of legislation being proposed here by Bernie, in that we force the Treasury to identify those banks that are dangerous to our country and to break them up -- Teddy Roosevelt-style. By taking the bailout, those banks showed that they don't deserve to stay intact.
eXcommunicate1979 2 years ago 3
I mildly agree with that, but, the market tried to correct itself and the bailout ruined that adjustment.
I really feel that better, more responsible companies would have rose from the ashes and no hard reform would be needed. They would have learned from the demise of others.
Instead all they found was those big companies aren't going anywhere no matter how bad they screw us over, and no matter how well you run your company your one chance to compete with the big guys was stolen from you.
Demaestr0 2 years ago 2
I believe in capitalism, but I think just letting the system collapse in order for us to stay true and pure capitalists is just not realistic or desirable, so I think TARP was a necessary "evil." However, the clandestine crap The Fed is pulling (trillions in loans) is worrisome and The Fed need reigned in ASAP. Same with "too big to fail." The banks were too big to fail. To not recognize that is folly. However, that is not a situation we should tolerate any longer.
eXcommunicate1979 2 years ago 3
we have anti monopoly laws, we need to have laws that don't allow a small amount of companies to have vast control of things too
Adv2k169 2 years ago 4
Go get em! Bernie.
BunnyandAl 2 years ago 3
lets us bust some trusts
entropyfu 2 years ago 3
No Mr Sanders, Thank You
FlowerClown 2 years ago
Glad to know that we have one (among a couple of others) representative in our corner!
Peace.
P.S. Check out HR 1207 and urge your representatives to pass it in it's original form!
KazukiSeirei 2 years ago
As Max Keiser sings" jump down, turn around, pick a bail of bailouts".
thetimman00 2 years ago
fix the volume, cant hear you !
aquaimage13 2 years ago
Maybe its not such a good idea to have a revolving door with big bank employees and government regulatory offices. I'm sure if they do a good job for the banks that they get a promotion at the bank when they return, maybe to million dollar bonuses!
33115566 2 years ago
Shut em down!
mrscot 2 years ago
sounds risky.. will smaller bankers like that be able to survive the world market?
staplerjm 2 years ago
Who cares? If they're smaller, then they can fail without crashing the whole economy.
HebaruSan 2 years ago
Yes, exactly. That is the point.
eXcommunicate1979 2 years ago
Ooops! Excuse me....NO MONOPOLIES!!!!
skeletonmom 2 years ago
NO MONOPOLYS!!!!!
skeletonmom 2 years ago
Give 'em hell, Bernie!
frankodelic 2 years ago 3
Teddy was the greatest president.
beerasaurus 2 years ago
Was Teddy Roosevelt a Republican?
He makes Obama looks far right wing.
allgoo19 2 years ago
He was a Republican at first and later on was the leader of the Progressive Party during the 1916 presidential elections. He was a great reformer.
The FED should be run by the Treasury and not by the banks. It is a quasi public institution.
terry387 2 years ago
terry387: "The FED should be.."
Have you noticed, many people against FED are "Privatization is king." libertarians(ala Ron Paul)?
What happened to the consistency?
allgoo19 2 years ago
I am against any govt selling public assets to privateers. The FED should operate like the Reserve Bank of Australia, and like central banks in the EU. It should not be up to private companies to play around with our lives. I appreciate your comments
terry387 2 years ago 2
@terry387 The 1916 elections???
oldpol1 2 years ago
YES! "Too big to fail is too big to exist"
StewieSwan 2 years ago
"If it's too big to fail, it's too big to exists,"
Make good sense.
It's not only financial institute, telecom industry was once broken up should have been kept that way.
Why they have been allowed to merge?
allgoo19 2 years ago 3
I wish he was my senator.
tully40 2 years ago 2
what a money management team obama has.. it speaks volumes for his ability as president.
navtel 2 years ago
RIGHT ON! these banks knew they would be handed a tax payers get out of jail free card thats why they agreed to issue 0 interest loans.
the government was also forcing them to do so under these circumstances
balancex3 2 years ago
Where can I sign that petition? Everyone call their senator to support this legislation.
spartan2600 2 years ago
Will they break them up?? Will the Elite controlled government let this happen?
Textynn 2 years ago
bernie sanders is a GREAT american!!!
bbbbmer 2 years ago 10
best of luck senator, I fully support you
delorch 2 years ago 6
all i can say is public option please that is all that matters to me at least right now it will help with the resection also
kazooga1234 2 years ago
TRUSTBUSTER
michaelkowis 2 years ago 3
Geithner needs to be relieved. Come on Mr. President, you're smarter than this.
katey1dog 2 years ago 4