2016 Postmortem
Related: About this forumBernie Bombs in NYDN Editorial Meeting, Reveals Just How Substance-Free His Campaign Is
http://www.mediaite.com/online/bernie-bombs-in-nydn-editorial-meeting-reveals-just-how-substance-free-his-campaign-is/Its possible Bernie just had an off-day, that he actually knows all the answers to those very basic questions he was asked. But it seems much more likely that the reason he couldnt answer those questions were because he lacks the seriousness and savvy one expects from a presidential candidate. Im sure if you asked Sanders himself what went wrong, hed give the same answer he gave for an hour straight: I dont know.
djean111
(14,255 posts)Still not voting for a Third Way Neocon Hawk. Not voting for war and fracking and the TPP, just to name a few things.
Gothmog
(145,176 posts)Sanders is not clear on policy. He is good at sound bytes but cannot explain how to be break up the big banks
http://www.theatlantic.com/politics/archive/2016/04/bernie-sanderss-rough-ride-with-the-daily-news/476919/
The most glaring example came early in the encounter, during a discussion of the problem of too big to fail banks. There is disagreement among economists on the left over how important, if at all, it is to break up large financial institutions. The board granted Sanderss argument and asked him how hed do it, producing an excruciating cat-and-mouse game:
Daily News: Okay. Well, let's assume that you're correct on that point. How do you go about doing it?
Sanders: How you go about doing it is having legislation passed, or giving the authority to the secretary of treasury to determine, under Dodd-Frank, that these banks are a danger to the economy over the problem of too-big-to-fail.
Daily News: But do you think that the Fed, now, has that authority?
Sanders: Well, I don't know if the Fed has it. But I think the administration can have it.
Daily News: How? How does a President turn to JPMorgan Chase, or have the Treasury turn to any of those banks and say, "Now you must do X, Y and Z?"
Sanders: Well, you do have authority under the Dodd-Frank legislation to do that, make that determination.
Daily News: You do, just by Federal Reserve fiat, you do?
Sanders: Yeah. Well, I believe you do.
The conversation detoured sideways a bit, as the board asked about what would happen to employees and investors in big banks and Sanders said, not unfairly, that it wasnt his problem. But then it was back to how to break up the banks, and Sanders still couldnt offer a coherent answer:
Daily News: Well, it does depend on how you do it, I believe. And, I'm a little bit confused because just a few minutes ago you said the U.S. President would have authority to order....
Sanders: No, I did not say we would order. I did not say that we would order. The President is not a dictator.
Daily News: Okay. You would then leave it to JPMorgan Chase or the others to figure out how to break it, themselves up. I'm not quite...
Sanders: You would determine is that, if a bank is too big to fail, it is too big to exist. And then you have the secretary of treasury and some people who know a lot about this, making that determination. If the determination is that Goldman Sachs or JPMorgan Chase is too big to fail, yes, they will be broken up.
Daily News: Okay. You saw, I guess, what happened with Metropolitan Life. There was an attempt to bring them under the financial regulatory scheme, and the court said no. And what does that presage for your program?
Sanders: It's something I have not studied, honestly, the legal implications of that
You do not advocate breaking up the big banks without considering how this will be accomplished
beaglelover
(3,469 posts)closeupready
(29,503 posts)SidDithers
(44,228 posts)Sid
Lucinda
(31,170 posts)The economic disparity is his primary issue and he comes across underinformed.
CalvinballPro
(1,019 posts)KingFlorez
(12,689 posts)He doesn't seem to think outside of talking points that will get applause.
SheenaR
(2,052 posts)Not a great performance there by the candidate I support.
Didn't most Clinton supporters though say the same thing about then Senator Obama? All speeches and rallies? Very little substance. These were common talking points from the Clinton campaign. I say this will absolute certainty because I worked extensively in the Edwards campaign and watched it happen. (Not to say we weren't saying similar)
NurseJackie
(42,862 posts)I'm not at all sure what people actually see in him.
beedle
(1,235 posts)that are the ones that don't understand.
Of course it is the Administration (through the DoJ as one path, but there are others) that would bring the suit to break up the banks.
If they win the suit, and there's no obvious reason they wouldn't (but I suppose it could be stopped by the corrupt establishment class) then yes, the first step would be to go to the banks and have them come up with a break up plan, which the government would then have to approve (or reject as the case may be.) Then once a plan is created it would be implemented.
It's not like this has happened before.
It's like asking a 'tough on crime' politician how he would prosecute mass murders ... there is a general process, more than one actually, and feigning ignorance when the politician says "the prosecutor has the power to bring charges" does not make the politician wrong, or weak. It makes the person asking the question look stupid.
JackRiddler
(24,979 posts)Do both if you like, but where's your link to the actual thing your "mediaite" propagandist is prevaricating about?
READ Daily News interview with Sanders HERE.
http://www.democraticunderground.com/12511652764
SFnomad
(3,473 posts)It's in the second paragraph, if you had bothered to look.
JackRiddler
(24,979 posts)I can make judgments without the doubtful mediation of "mediaite."
(The airs of blogs that think they're fancy!)
Octafish
(55,745 posts)That Mortimer Zuckerman?
Dragonfli
(10,622 posts)Octafish
(55,745 posts)The aspens are connected, their roots under ground.
Dragonfli
(10,622 posts)msongs
(67,405 posts)GreatGazoo
(3,937 posts)Oh wait, that was Bill Clinton.
So the part where he feels sorry for young people who don't do their own research so they can find out that Nancy Reagan was secretly spearheading the campaign against AIDS... no..umm..that was Hillary.
Sheepshank
(12,504 posts)that seems a lot like the Trump Campaign annoyances.
Jitter65
(3,089 posts)Cha
(297,196 posts)Mahalo Alfresco~