Elizabeth Warren Endorses Bernie Sanders’ Anti-Wall Street Campaign

The third major Democratic candidate, former Maryland Gov. Martin O’Malley, has trailed Clinton and Sanders by a wide margin but won cheers from the crowd with a series of slams against the Republican presidential field. “If Wall Street does not end its greed, we will end it for them”. He added: “Our goal must be to create a financial system and an economy that works for all of our people, not just a handful of billionaires”. “Wall Street, its lobbyists and their billions of dollars regulate Congress”, he said. “And, now more than ever, that is exactly what we must do”. Clinton says this banking system is the real culprit of the 2008 financial crisis – which also has the potential to cause the next crisis as well. “Within one-year, my administration will break these institutions up so that they no longer pose a grave threat to the economy”, he said.

The dispute centers on the regulation of so-called “shadow banks”-large institutions like AIG, Lehman Brothers, and Bear Stearns who were not subject to the same rules as big commercial banks that take deposits”. Among the central thrusts of his plan is breaking up banks deemed “too big to fail”.

Mr. Sanders said that Ms. Clinton was “wrong” to oppose his plan to reinstitute the Glass-Steagall Act, which would legally separate commercial banking, investment banking and insurances services. But, she said: “I’m working class, so Bernie resonated the most”.

The Senator from Vermont is a self-declared Socialist who has also criticized Clinton for being too close to Wall Street while largely campaigning to address income inequality by lessening the gap between the rich and poor and promising to break up the country’s largest banks.

And away from the cameras, Clinton has tried to win over local politicos who could be key in rallying support in the caucuses February 1. At the December 19 Democratic debate, Clinton was asked whether corporate America should love her.

The Clinton campaign wants a fight with Sanders on Wall Street, viewing the senator as not as genuine on the issue as he makes himself out to be.

Bowing out of the race and allowing Hillary to forge her path to the White House as the possible first female President would be a no-brainer should she win the nomination and face only one Republican challenger in November. “Clearly believes that she can make the pitch she’s far more electable than you are”.

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United States presidential candidates claim that, if elected, they will serve the American people but they all serve the interests of big banks and Wall Street, American writer and political analyst Stephen Lendman says. And here, just a few blocks from some of the world’s biggest banks, he let loose again.

An NBC News/Wall Street Journal poll from October found that Sanders outperformed Clinton in general election matchups in Iowa and New Hampshire nearly across the board.

Grant Woodard, a Des Moines lawyer and veteran of several Democratic campaigns, said the size of the caucus would play a major role given Sanders’ attempt to attract college students and first-time caucus-goers. After the financial crisis, he said, the Fed had acted urgently to rescue the big banks. AFP Graphic Design Whether you need a fresh business card design, rack card, ad, flyer or full magazine design, we can help with all your graphic-design needs. But the attacks on Clinton marked an escalation in his offensive against the Democratic front-runner.