Bernie Sanders: Destroy the Big Banks. . .

In Fowler Show on YouTube by Hlarson0 Comments

Street’s largest banks and lift the cap on contributions to Social Security.

“If Congress cannot regulate Wall Street, there is just one alternative,” said Sanders in a speech Saturday. “It is time to break these too-big-to-fail banks up so that they can never again destroy the jobs, homes, and life savings of the American people.”

Sanders, who has signaled he may run for president in 2016 to offer a true progressive alternative, said he would introduce legislation at the start of next congressional session to break up the largest investment banks.

“If a financial institution is too big to fail, it is too big to exist,” he said.

He made the remarks during a debate on a controversial spending bill that contains provisions written by Citigroup lobbyists to weaken Dodd-Frank oversight of banking.

 

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STORY:http://www.alternet.org/news-amp-politics/bernie-sanders-destroy-big-banks-big-banks-destroy-you

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