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Too Big to Jail?

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http://www.sanders.senate.gov/newsroom/news/?id=2394f29d-8a62-4d90-8314-971f8eb9753b Senator Bernie Sanders speaks about the nation's financial system, addressing the concept of "too big to fail."
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Текстовые комментарии (66)
MsJoaniePH (5 лет назад)
One thing for certain is that CU is nothing more than making bribery non-competitive and legal by defining corporations as people. All we really need consider is that only about 0.1% of the wealthiest "people" have cash flows in the trillions of dollars and these "people" are corporations controlled by 0.9% of our population of human beings. This is not exactly rocket science.
MsJoaniePH (5 лет назад)
Wall Street and the Federal Reserve are all private corporations that are essentially controlling the coinage and the courts, besides the legislative, executive and judicial branches of the U.S. Government. We have an oligarchic system of unchecked imbalances where there is one set of laws for the rich, one for the poor, a set of taxes for the poor and almost no taxes for the wealthy. What Bernie Sanders is saying we need to rein this in or we've all had it. Who watches the guardians? Guess!
Ashaman1337 (5 лет назад)
so right on that, the song its my type of music! Also! i use this to listen in mp3: bit.ly/17CsqTt?=antlk
bceagledeb (5 лет назад)
You rock, Bernie!!! Keep fighting for the 99%!
muleyman (5 лет назад)
Agreed!!!!!!
Zurichilux (5 лет назад)
Le reddit army is here
R4ss3 (5 лет назад)
No, because then you're also in most cases punishing people not responsible for any of it. A Wall Street company CEO is usually not an owner of that company, or he is given a small amount of stock, he's merely an employee chosen for the position by the board. Now, if you took the company, you would take everything from every normal chap on the street owning X amount of shares in his retirement fund, however you wouldn't punish the CEO. He would just be employed by another big firm a week later.
Second Life Capture (5 лет назад)
Slay the Dragon now Comparative mythology Further information: Chaoskampf, Sea serpent, Proto-Indo-European religion#Dragon or Serpent, and Serpent (Bible) The association of the serpent with a monstrous opponent overcome by a heroic deity has its roots in the mythology of the Ancient Near East, including Canaanite (Hebrew, Ugaritic), Hittite and Mesopotamian. Humbaba, the fire-breathing dragon-fanged beast first described in the Epic of Gilgamesh is sometimes described as a dragon
josh wentworth (5 лет назад)
I have to be honest my first thought when I saw your comment "As a french guy" was : Your not helping. LoL But thanks anyway. :) I always enjoy hearing Sen. Sanders speak, and he can use all the support he can get!
Kevin Miner (5 лет назад)
What if from now on, every time any company was found guilty of fraud involving any amount over X million/billion dollars - we TOOK the company, and "exploded" it. The business/profits/jobs that the company provides is still intact, but instead of being a corporation, we split it into X amount of small businesses. There's no point in prosecuting banks when they're only losing a fraction of their profits and can get it back. What if we made it so YOU lost everything, but our economy didn't.
rodreas (5 лет назад)
That's exactly right. CU is the root of many of our problems. What's scary is that the majority of the damage is still to come if CU continues to stand.
Madville Dynasty (5 лет назад)
Looks like everyone has an opinion....WHAT CAN WE DO TO MAKE THIS STOP? How can we all argee?
morgo52 (5 лет назад)
Only to an extent. Increased competition induces risky behavior to maintain profit margins by lowering the reserve ratio. One bad investment with then collapse the company as shown currently by the Cyprian banking system.
Razster (5 лет назад)
Mr. Sanders, they have too much invested in this ride. We speak, they ignore. We write, they ignore. We protest, they ignore and show force. . . Nothing.
Ajay Deval (5 лет назад)
Give em hell Bernie
bernie b (5 лет назад)
Bernie Sanders for president. Not because he has the same name as me, but because he is the most reasonable man in politics.
bernie b (5 лет назад)
Better deals AND the people that these companies hire could quit their jobs and go to the other company if one pays too little money, increasing wages and quality of life for many Americans.
ExMachina70 (5 лет назад)
Just when I think there's only assholes in politics, one guy comes out and changes my perception.
Armitzel (5 лет назад)
So question here, with your experience, who can be held accountable, and will legal actions make a difference? I'm sure you're familiar with HSBC, don't you think their punishment sets a precedent for bankers to engage in more illegal behavior? Of course, the repeal of Glass-Steagal was a huge blow during the 90's, so what can be done to deter bankers from these negative behaviors?
Armitzel (5 лет назад)
You say repeal the Patriot Act, which should've happened immediately after it's inception, but you need to repeal Citizens United to make any impact on corporations.
foroparapente (5 лет назад)
Only a bit though.
Thomas Smith (5 лет назад)
Bernie Madoff? CEOs retire or die ( they're old ) every day. A few could be prosecuted as an example to the rest.
penguincontact (5 лет назад)
Oh Fallacy, Oh Fallacy.
soonchefmike (5 лет назад)
From outside sources!
XMMAFANX (5 лет назад)
As an economist, it's a bit more complicated than that.
dimension83 (5 лет назад)
"If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem." - J. Paul Getty
Graeme Kerr (5 лет назад)
How does this have less views than a video of a dog farting? Share this with everyone you know.
berserker (5 лет назад)
and that was the most moronic
Izaak Weiss (5 лет назад)
The Federal Reserve makes money for the government. It is literally a source of profit. And I agree; let's shrink the government. It's too big. Let's start by cutting the biggest expense that the US has. Oh, wait, that would be the military. But no; you'd rather cut the things that save lives and fund the things that take lives. Right.
ReluctantZer0 (5 лет назад)
What
brownycow22 (5 лет назад)
Larry David makes a great point
sorukai (5 лет назад)
That was the stupidest comment I've read today. That's a feat on Youtube, congratulations.
berserker (5 лет назад)
what about the government. too big to fail?
DJJimboSlice (5 лет назад)
Oh like actually paying their taxes? Oh wait...
Andrew Smith (5 лет назад)
What does the patriot act have to do with any of that? The patriot act is an invasion personal privacy and has nothing to do with entities infiltrating the government. I agree that the patriot act needs to go but it's completely irrelevant to this problem.
infocusvideo68 (5 лет назад)
If you Liberals think "Too Big Too Fail' shouldn't exist than the federal reserve and big government should exist.
Navy Pheonix (5 лет назад)
Doing (Insert Diety)'s work Bernie. It's nice to see that there are still people talking to Obama that don't speak in Dollar Signs.
Vertiga (5 лет назад)
Why else would someone climb that high?
Stephen Darque (5 лет назад)
Bernie Sanders i love you
Jo A (5 лет назад)
As a french guy watching America from the outside, this gives me hope that voices of reason like this will be heard one day. Thank you Bernie.
MrRiccars (5 лет назад)
THANK YOU
Charlie Red (5 лет назад)
Lets take the fines from the big corporations and hand it to the people!
promeitheus (5 лет назад)
We do love our Bernie
Dan Fournier (5 лет назад)
My hero
Licmycat (5 лет назад)
Wall street people are worshiping the golden calf!!!! They changed it by 'Molten' it to deceive us! How can our country survive by such evil people??? There is a punishment coming as history as been repeating itself, over and over and over.....STOP THEM! Destroy that filthy bull on wall street!!!
BonerMaroner (5 лет назад)
Not even 1 Republican voted for Wall street reform, 60 Democrats braved the GOP criticism only to lose the house in 2010 to big bank money and a Tea Party of young unaware foolish men who refuse even the facts. Google "Conservative".
BonerMaroner (5 лет назад)
Good luck when the minority has more power than the majority in a corrupt senate which merely play lip service just to hold their own self interest by schemes of schemes, like Ben Bernanke giving $ 87 billion each year to wall street banks for insurance,while small banks get zero. Truth is (D)Senator Warren and (I) Sen. Sanders tell it like it is.
nutzforart (5 лет назад)
"Supposed to be a country of law", that went away when Bush was SELECTED by Scalia & gang. Since then, its a slow grind to worldwide fascism, hence too big to jail is an acceptable statement to our justice system.
Gale Gregory (5 лет назад)
hear hear to jail with them all
lorhayes7 (5 лет назад)
We need to start putting them in Jail!
judyleasugar97 (5 лет назад)
And here come the damn libertarians, the hand maidens of the corporations.
katman77018 (5 лет назад)
bernie sanders to the rescue. yeh sure. what a load of bullcrap. damn communist.........
SeriouslyWhyBother (5 лет назад)
The Government has overstepped. Come on people lets clean house and get these jokers OUT!!!!!!! The excuse the bankers, they exempt themselves from the health care TAX, They steal from the little guy they need to GO!!!!
Rixar13 (5 лет назад)
Senator Bernie Sanders is our best advocate, thumbs up ^...
nutzforart (5 лет назад)
The legal legs for NDAA go away with the revocation of the Patriot Act. It would be automatically invalid. Without revoking the Patriot Act, you can revoke NDAA only to have a different version show up.
salmonslug (5 лет назад)
Sometimes I wish the camera would pan to show us the reactions of our other representatives. Are they nodding in agreement? Shaking their heads 'no'? Or, just sitting like glazed over corpses. Thanks Senator.
KG Stiles (5 лет назад)
There needs to be serious discussion and definitive action taken around this topic as there have been so many lawless cover ups in the name of keeping things "stable" in world governments, banking and other "ruling" systems like the Vatican. Thanks Bernie!
Combatzx2 (5 лет назад)
no think short and sweet.. with either hangings or life in solitary confinement for the fraudsters. no one is too big to jail. our bought and paid for govt just wont do it. you know that bernie.
makeitallrite11 (5 лет назад)
Wall st put our country at risk, the ceo s and ones who are sucking money because they think they are important, wait for it.......when the shtf, and it will, they will cry the loudest for someone to come save them from the hoards of folks who they ripped off. ag holder knows who pays him.....I say we send them to gtmo, isnt that where they send too big to prosecute, oh no wait those are poor people........thanks bernie
HugeJohn51 (5 лет назад)
You'd think this would be common sense but apparently not
nutzforart (5 лет назад)
Its called Fascism. Mission Accomplished meant every office in our country was infiltrated to protect Wall St and big corporations. WE NEED TO REVOKE THE PATRIOT ACT.
onegist (5 лет назад)
Those people NEED to go to jail! If they don't..we are just rewarding criminals!~
Loyo Yostuff (5 лет назад)
wrong fool ... u keep suckin on that flava straw idiot ... blowin bubbles ... again
goodluckwithallthat (5 лет назад)
oh bernie, you're such a pandering wimp. we need a new system. and this one we currently have isn't going to go away without a fight. keep on making these speeches and collecting that paycheck, Bernie, and we'll watch no positive change come from it.
judyleasugar97 (5 лет назад)
Tell 'em, Bernie!
Craig Reid (5 лет назад)
Thank you, Bernie for telling the truth. We are with you all the way.

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