Sanders Says He Would Beat Trump By ’15 or 20 Points’
In 2008, the greed, recklessness and illegal behavior on Wall Street almost destroyed the US and global economy. Due to their unique role and the fact they don’t take deposits, these institutions are not subject to the same oversight as more traditional financial firms.
In the speech, Sanders said no one who worked on Wall Street and partook in that dirty money could work in his administration.
Sanders, conversely, wanted Wall Street to know that, if elected as commander in chief, he’d be an observant force over Wall Street, according to NPR.
“I think what you have is a situation where banks are not only too big to fail, bankers are too big to jail”, he added.
Hillary’s plan for Wall Street reform will focus on the gray areas.
Sanders concluded, “A handful of huge financial institutions simply have too much economic and political power over this country”. Unfortunately, while her D.C. knowhow would definitely be a strength once she’s in office (one a President Sanders would lack), it’s not the sort of thing that excites voters. And, here’s how I will accomplish that.
Sanders vowed to create a “too-big-to-fail” list of companies within the first 100 days of his administration whose failure would pose a grave risk to the USA economy without a taxpayer bailout. You have to break them up.
Sanders used his remarks to try to make the case that he could energize more voters in the fall, citing the large turnouts he’s had at his campaign rallies, particularly among younger voters. The Great Recession was only possible because of the bottomless corruption of these institutions, which knowingly issued triple-A ratings to fraudulent financial products. Sanders and O’Malley “have a lot of good ideas and we share a lot of the same values”, she said, drawing scattered laughs and “no!” shouts from Sanders supporters. He wants to pass what he called a “21st century Glass-Steagall Act” that would restore the boundaries between commercial and investment banking and has praised Warren in his campaign against big banks. Bernie Sanders, argues that staving off a GOP victory depends on stoking voter enthusiasm by breaking with Clinton’s brand of “establishment politics” – a quality he feels he is uniquely positioned to offer.
Sanders, for his part, struck back at Clinton – though obliquely – in a speech that otherwise strayed little from his usual core theme of income inequality and social justice.
Mrs. Clinton did not mention her main primary opponent, Senator Bernie Sanders of Vermont, who has drawn big crowds in Iowa, but her emphasis on electability seemed like an implicit reference. But Clinton’s campaign has been careful to not hit Sanders broadly on Wall Street – a bedrock issue for a senator who prides himself on his distance from wealthy Americans – and is instead focusing on the shadow banking industry, turning what many progressives see as a weakness for Clinton into an attack line.
Democrats say Sanders appears to have made a more emotional connection with his supporters even though polls show him trailing here while Clinton is viewed as the party’s standard-bearer and favorite to win the nomination.
But O’Malley, despite a more polished speech than past Democratic events, was largely an afterthought.
That support could signal a problem for Clinton in a state which she had previously thought relatively safe, a stronghold even. Sanders only hired a state director for Nevada in October, while the Clinton campaign has had staff in place since April.
In addition to a nationwide campaign to screen children for autism, Clinton would establish public-private partnerships to help autistic children move from school-based services to more independent lives, including employment opportunities.