For those of you who missed the speech a transcript is here berniesanders.com/… and of course you can look at Liepar's Diary for a livestream. Bernie did a speech, in New York, that called out line by line, the fraud, waste and downright corruption in the financial world. He also provided details as to what his plan was to fix that. You know what was on CNN? Discussion about the “Missing 18 Minutes of the San Bernardino Terrorists Movements.” What the hell?
Those people are dead, the attack is over and we have a Presidential Candidate talking about corruption in Wall Street and this is what they are covering?
Anyone who says the media blackout on Bernie is a false charge, this shows how wrong you are.
Earlier, during my lunch, they discussed Hillary “Not Going After Trump” , Obama’s speech briefly than switched to the terrorist thing. Bastards, all of them.
Some quotes from the speech that if delivered by Hillary would probably be considered newsworthy are these:
It is no secret that millions of Americans have become disillusioned with our political process. They don’t vote. They don’t believe much of what comes out of Washington. They don’t think anyone is there representing their interests. In my view, one of the reasons for that deep disillusionment is the widespread understanding that our criminal justice system is broken and grossly unfair – and that we do not have equal justice under the law. The average American sees kids being arrested and sometimes even jailed for possessing marijuana or other minor crimes. But when it comes to Wall Street executives, some of the wealthiest and most powerful people in this country, whose illegal behavior caused pain and suffering for millions – somehow nothing happens to them. No police record. No jail time. No justice.
We live in a country today that has an economy that is rigged, a campaign finance system which is corrupt and a criminal justice system which, too often, does not dispense justice.
Not one major Wall Street executive has been prosecuted for causing the near collapse of our entire economy.
That will change under my administration. “Equal Justice Under Law” will not just be words engraved on the entrance of the Supreme Court. It will be the standard that applies to Wall Street and all
Not a word on CNN, right now they are covering the Oregon idiots.
Another quote:
THE BUSINESS MODEL ON WALL STREET IS FRAUDIt seems like almost every few weeks we read about one giant financial institution after another being fined or reaching settlements for their reckless, unfair and deceptive activities.
Some people believe that this is an aberration: that we have an honest financial system in which, every now and then, major financial institutions do something wrong and get caught. In my view, the evidence suggests that would be an incorrect analysis.
The reality is that fraud is the business model on Wall Street. It is not the exception to the rule. It is the rule. And in a weak regulatory climate the likelihood is that Wall Street gets away with a lot more illegal behavior than we know of.
How many times have we heard the myth that what Wall Street did may have been wrong but it wasn’t illegal? Let me help shatter that myth today.
Oooh now, there’s commercials.
More from Bernie’s speech:
REFORMING CREDIT RATING AGENCIESWe cannot have a safe and sound financial system if we cannot trust the credit agencies to accurately rate financial products. And, the only way we can restore that trust is to make sure credit rating agencies cannot make a profit from Wall Street.
Investors would not have bought the risky mortgage backed derivatives that led to the Great Recession if credit agencies did not give these worthless financial products triple-A ratings – ratings that they knew were bogus. And, the reason these risky financial schemes were given such favorable ratings is simple. Wall Street paid for them.
Under my administration, we will turn for-profit credit rating agencies into non-profit institutions, independent from Wall Street. No longer will Wall Street be able to pick and choose which credit agency will rate their products.
There’s a lot more, read the whole thing, or watch a vid. Bernie is and has been utterly ignored by the media, yet he is continually breaking records with his campaign. Screw you DNC, screw you media, you are corporate owned whores, and yes I chose that word on purpose.