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Sen. Bernie Sanders on Why Ben Bernanke Should Not be Confirmed for Another Term as Fed Chair

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democracy1st Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:02 PM
Original message
Sen. Bernie Sanders on Why Ben Bernanke Should Not be Confirmed for Another Term as Fed Chair
 
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http://www.youtube.com/watch?v=4sZx5iVwCZc
 
Posted on YouTube: January 25, 2010
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Posted on DU: January 25, 2010
By DU Member: democracy1st
Views on DU: 1352
 
Sen. Bernie Sanders on Why Ben Bernanke Should Not be Confirmed for Another Term as Fed Chair

visit: http://firedoglake.com


Four Reasons to Oppose Bernanke

"The American people today are suffering through the worst economy since the Great Depression with 17.3 percent of the American workforce either unemployed or underemployed. Millions more have lost their homes, their savings, their health care and their pensions. At a time like this let me provide four reasons why Ben Bernanke should not be confirmed as chairman of the Fed," Sen. Bernie Sanders wrote today to his Senate colleagues. Sanders pointed out that Bernanke was a key economic advisor to President Bush, failed to maintain the safety and soundness of our financial system, allowed the Fed to lend out trillions of dollars in virtually zero-interest loans to large financial institutions, and has not taken adequate steps to improve the economy or seek full employment.

http://sanders.senate.gov/
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:17 PM
Response to Original message
1. K&R
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bertman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:33 PM
Response to Original message
2. HALLELUJAH AND HOORAY!!! Thank you, Bernie Sanders for telling it like it is.
And thank you for posting this, democracy1st. I was watching the Ed Show tonight and got distracted, so I missed that segment.

Rec.
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ProgressOnTheMove Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:38 PM
Response to Original message
3. As long as Sanders is up there we've all still got a shot. KnR
Edited on Mon Jan-25-10 09:38 PM by ProgressOnTheMove
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janedum Donating Member (374 posts) Send PM | Profile | Ignore Mon Jan-25-10 09:50 PM
Response to Original message
4. Damn! That was a helluva video! Thanks! Obama = NO Change! None!! Nada!!
Meet the new boss ...
Same as the old boss ...
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JBoy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 12:42 PM
Response to Original message
5. Bernie Sanders is simply awesome.
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GreenTea Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 01:20 PM
Response to Original message
6. Well put Senator Sanders-Exactly why Bernanke should NOT be confirmed - same old, same old bullshit
Edited on Tue Jan-26-10 01:22 PM by GreenTea
Allowing the corporations to continue the same old bullshit and policies of the asshole Greenspan will inevitably lead to financial disaster again....why would any thinking person want the same shit to occur with no real change as far as safeguards or regulations?

Anyone who wants this corporate bullshit and expects a different outcome should be put in a straight jack and put to sleep permanently....they are of no use to mankind!
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katty Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 01:37 PM
Response to Original message
7. K&R Bernie
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fascisthunter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 01:38 PM
Response to Original message
8. This is what's so tragic
Obama is giving into policies that Bush himself would have, and yet we have people here getting pissed when we criticize him for doing so. This man is destroying what legitimacy the democratic party had in regards to helping the working class. Those who critize him are trying to right his wrongs, while he destroys himself politically along with the democratic party.

WTF?!
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truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:18 PM
Response to Reply #8
11. Pew Survey said, Spring of 2008 -
Edited on Tue Jan-26-10 04:18 PM by truedelphi
32% of all Americans consider themselves to be Democrats

28% consider themselves to be Republicans.

The majority of us - some 40% - don't give a rat's ass about either party unless the party is doing for us.

Pass it on.
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fascisthunter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 06:12 PM
Response to Reply #11
13. .
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SlingBlade Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 02:04 PM
Response to Original message
9. Bernie Sanders ROCKS !
K & R
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HootieMcBoob Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:50 PM
Response to Original message
10. Sanders for President!
I wish Bernie Sanders would run for President. He probably wouldn't have much chance to win but it would be great to have him out there. He has great passion I think he'd win a lot of converts to progressive ideas.
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big david Donating Member (31 posts) Send PM | Profile | Ignore Tue Jan-26-10 05:36 PM
Response to Original message
12. thank you bernie
i smell the same stench as i watch more layoffs everyday.
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