Congressman Bernie Sanders

Release: Sanders Puts Hold on Bernanke December 2, 2009 WASHINGTON, December 2 – Sen. Bernie Sanders (I-Vt.) today placed a hold on the nomination of Ben Bernanke for a second term as chairman of the Federal Reserve. “The American people overwhelmingly voted last year for a change in our national priorities to put the interests of ordinary people ahead of the greed of Wall Street and the wealthy few,” Sanders said.  “What the American people did not bargain for was another four years for one of the key architects of the Bush economy.” As head of the central bank since 2006, Bernanke could have ... Read Full Story

Senator Bernie Sanders said today that he will try to block Ben Bernanke's confirmation for a second term as head of the Federal Reserve. The Vermont Independent blames Bernanke for not doing enough to stop the economy from collapsing and not doing enough to make sure banks were on their best behavior after the bailout. “In this country, there is profound disgust at what happened on Wall Street,” Sanders told the 'Times.' “People want a new direction and people are asking, where was the Fed? How did the Fed allow this to happen, when one of their mandates is to oversee the safety and ... Read Full Story

In countless speeches over the past seven years, Democrats have rightly slammed “the Bush tax cuts for the wealthy” as reckless, unnecessary, and unjust. Yet Senator Bernie Sanders has provided Senate Democrats with ample opportunity to put their money where their mouth is and his colleagues have failed to seize that opportunity. … RLCC: They don’t want to radically change to correct the problem. They don’t work for the poor. They work for the rich. They work for the system established by and for the rich. If they were to work for the poor, as Jesus did, they’d be crucified, as Jesus was. They ... Read Full Story

Filed under: Management , Industry , Market matters , Money and Finance Today , Politics , Headline news , Federal Reserve , Financial Crisis US Senator Bernie Sanders, independent from Vermont, is known for his straightforward and unbiased positions. His new legislative proposal is to break up big banks that are deemed “too big to fail.” To quote Mr. Sanders: “if an institution is too big to fail, it is too big to exist. Continued here: Senator Sanders proposes legislation to break up large banks Read Full Story

About    Blogs: Wetmachine Main | Econoklastic | Inventing the Future | Tales of the Sausage Factory Archives   Jump to navigation I've been doing a fair amount of handwringing over the meltdown on this-ahere blog lately, but now let me offer something positive. I support, 100 %, the plan put forth by Senator Bernie Sanders , Independent of Vermont. Sanders is asking for citizen co-signers. I signed, you should too. As for the crappy plans before Congress now, I hate all of them, including Dodd's. If they go through, I'm not sure I'll ever file taxes again. If Bush thinks it's so all-fired ... Read Full Story