Bernie Sanders: ‘Greed Is Not Good’
“All of us want to make sure that we defeat right wing extremism, that we make certain that no Republicans become president of the United States, all of us are united that we are going to take back the Senate and that we are going to do well all over this country”, Sanders said.
In this January 5, 2016 file photo, Democratic presidential candidate Hillary Clinton speaks during a campaign stop in Council Bluffs, Iowa.
But it was the Sanders boosters who were loudest, maybe because they carried the red and bright yellow horns, or maybe because they were eager to be heard in a state where Sanders is fighting for relevance.
Hillary Clinton at the CNN Democratic Debate at the Wynn Hotel in Las Vegas, Tuesday, October 13, 2015. “Secretary Clinton says we just need to impose a few more fees and regulations on the financial industry”, he said. “Some people say I’m kind of boring because I have been saying the same thing for 30 years”. “Because you are the first line of defense”.
In many respects, the fight over shadow banking is like the broader philosophic divide between the go-big-or-go-home Democratic socialist and the more pragmatic, work-within-the-system Clinton. After the speech, Gensler said Sanders “failed to put forward a single new proposal that addresses” shadow banking.
Clinton still maintains a commanding lead in the polls, but signs are emerging that she may not be in as strong a position in the state as she would like. Did she think Sanders could accomplish everything he promised? Clinton will fly into Beaumont from San Antonio, where she will be fundraising in the morning.
As she spoke, the crowd remained divided.
The gulf between the Sanders and Clinton support was very visible.
But the Clinton campaign says that isn’t enough.
“What we need in this campaign is energy, youth, working people”, Sanders added.
Sanders is pounding the pavement in Iowa ahead of the February 1 caucus.
Sloan Hickson, a first-time voter from Henderson, Nevada, said he had come to the dinner with his mother, a Clinton supporter, to see what the different options were. Sanders continued, “While Wall Street received the largest taxpayer bailout in the history of the world with no strings attached, the American middle class continues to disappear, poverty is increasing and the gap between the very rich and everyone else is growing wider and wider”.
“That music is really attractive”, Sanders said sarcastically to his supporters, before motioning for them to tone it down.
Individual companies were also name checked by Mr Sanders.
During his remarks, Sanders credited Obama for making progress in reducing the number of uninsured but said “we must do better”.
In a Sanders administration, “the foxes will no longer be guarding the henhouse at the Fed”, the candidate said.
But don’t take the Arkansas senator too seriously: Cotton has had harsh words for Sanders in the past. Rather they reserved their ammunition for Donald Trump.
Sanders has made regulating Wall Street a focus of his primary bid, with calls to curb the political influence of “millionaires and billionaires” at the core of his message. Among the central thrusts of his plan is breaking up banks deemed “too big to fail”.
Sanders will also respond to criticism from Clinton’s campaign that his approach would not adequately regulate non-bank financial institutions, and explain why he favors reinstating the Glass-Steagall Act, a Depression-era law that prohibited commercial banks from engaging in investment banking activities.
“My experience is different from my competitors”, O’Malley said.