Rein in Wall Street and rescue the middle class | Bernie Sanders
October 10, 2011 at 2:33 pm | Posted in Uncategorized | 1 CommentEarlier today my friend showed me Paul Krugman’s latest commentary on the Sunday corporate pundits and their reflections on #OWS: Panic of the Plutocrats.
It includes all the soundbytes of the advertising vehicle we call the corporate media.
But the British Guardian was the only news outlet I know of to include this quotation in an editorial by Senator Bernie Sanders, member of the Senate Banking and Finance Committee.
Even Federal Reserve Chairman Ben Bernanke agreed when I questioned him this week at a joint economic committee hearing that that there was “excessive risk-taking” by Wall Street. Bernanke also said the protesters “with some justification” hold the financial sector responsible for “getting us into this mess”, and added, “I can’t blame them.”
That’s about as close to an endorsement of a political movement as I’ve ever heard from the lips of the current Federal Reserve chairman.
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