170 Prominent Economists Back Bernie Sanders’ Plan to Rein in Wall Street

[Rouge Rover]

Since the public sector failed in a big way we may need to take a look at breaking up Big Government.

 

[Toddsterpatriot]

Damn that Clinton guy, eh?

How would Glass-Steagall have stopped banks from writing bad mortgages?

NEVER stated that Clinton was without fault in going along with the corrupt Graham.......Writing bad mortgages was the gambling technique that the 1930s Glass-Steagall was once preventing.

..Writing bad mortgages was the gambling technique that the 1930s Glass-Steagall was once preventing.

Nope. Nothing in Glass-Steagall prevented bad mortgages.

 

[nat4900]

Nope. Nothing in Glass-Steagall prevented bad mortgages.

Fine...have it your way...stupid as that may be,

 

[nat4900]

Since the public sector failed in a big way we may need to take a look at breaking up Big Government.

So, crooks on Wall Street are best "handled" by breaking up "big government" and having WS police itself?

 

[Rouge Rover]

Since the public sector failed in a big way we may need to take a look at breaking up Big Government.

So, crooks on Wall Street are best "handled" by breaking up "big government" and having WS police itself?

If big government didn't work and still hasn't arrested the crooks then trying the same thing would be foolish, don't you think?

 

[Toddsterpatriot]

Nope. Nothing in Glass-Steagall prevented bad mortgages.

Fine...have it your way...stupid as that may be,

You're right, claiming Glass-Steagall would have prevented bad mortgages, or the 2008 crisis, is stupid.

 

[Contumacious]

That is not what he said.
He said Bernie wants to use a huge gun to fix a small problem.

The fact that the health of our entire economic system is at the mercy of the decisions of a handful of banks is not a small problem.

TRUE


ABOLISH THE FEDERAL RESERVE BOARD - DENATIONALIZE BANKING AND CREDIT


.

 

[Toddsterpatriot]

That is not what he said.
He said Bernie wants to use a huge gun to fix a small problem.

The fact that the health of our entire economic system is at the mercy of the decisions of a handful of banks is not a small problem.

TRUE


ABOLISH THE FEDERAL RESERVE BOARD - DENATIONALIZE BANKING AND CREDIT


.

Why?

 

[Rouge Rover]

That is not what he said.
He said Bernie wants to use a huge gun to fix a small problem.

The fact that the health of our entire economic system is at the mercy of the decisions of a handful of banks is not a small problem.

TRUE


ABOLISH THE FEDERAL RESERVE BOARD - DENATIONALIZE BANKING AND CREDIT


.

Why?

It looks to me like he wants to see much larger banks.

 

[peach174]

That is not what he said.
He said Bernie wants to use a huge gun to fix a small problem.

The fact that the health of our entire economic system is at the mercy of the decisions of a handful of banks is not a small problem.

It can be done with regulation not breakups.
Bernie wants to throw the baby out with the bath water.

 

[Confounding]

It can be done with regulation not breakups.
Bernie wants to throw the baby out with the bath water.

What solution does your preferred candidate propose?

 

[Contumacious]

That is not what he said.
He said Bernie wants to use a huge gun to fix a small problem.

The fact that the health of our entire economic system is at the mercy of the decisions of a handful of banks is not a small problem.

TRUE


ABOLISH THE FEDERAL RESERVE BOARD - DENATIONALIZE BANKING AND CREDIT


.

Why?

IN A FREE COUNTRY THE ECONOMY IS NOT CENTRALIZED AND BANKING AND CREDIT SHOULD BE FREE - THE HEALTH OF OUR ENTIRE ECONOMIC SYSTEM SHOULD NOT BE AT THE MERCY OF A HANDFUL OF BUREAUCRATS AND BANKS

 

[peach174]

It can be done with regulation not breakups.
Bernie wants to throw the baby out with the bath water.

What solution does your preferred candidate propose?

Regulation.
Not breaking up the banks.

 

[Confounding]

Regulation.
Not breaking up the banks.

Can you point me to specific regulations your candidate has proposed?

 

[PoliticalChic]

That is not what he said.
He said Bernie wants to use a huge gun to fix a small problem.

The fact that the health of our entire economic system is at the mercy of the decisions of a handful of banks is not a small problem.

TRUE


ABOLISH THE FEDERAL RESERVE BOARD - DENATIONALIZE BANKING AND CREDIT


.

Why?

IN A FREE COUNTRY THE ECONOMY IS NOT CENTRALIZED AND BANKING AND CREDIT SHOULD BE FREE - THE HEALTH OF OUR ENTIRE ECONOMIC SYSTEM SHOULD NOT BE AT THE MERCY OF A HANDFUL OF BUREAUCRATS AND BANKS

I believe you will find consubstantial agreement here:
Myths That Economists Believe

 

[Toddsterpatriot]

That is not what he said.
He said Bernie wants to use a huge gun to fix a small problem.

The fact that the health of our entire economic system is at the mercy of the decisions of a handful of banks is not a small problem.

TRUE


ABOLISH THE FEDERAL RESERVE BOARD - DENATIONALIZE BANKING AND CREDIT


.

Why?

IN A FREE COUNTRY THE ECONOMY IS NOT CENTRALIZED AND BANKING AND CREDIT SHOULD BE FREE - THE HEALTH OF OUR ENTIRE ECONOMIC SYSTEM SHOULD NOT BE AT THE MERCY OF A HANDFUL OF BUREAUCRATS AND BANKS

Banking and credit are not nationalized, how do you denationalize them?

 

[peach174]

Regulation.
Not breaking up the banks.

Can you point me to specific regulations your candidate has proposed?

Not yet
But Bernie has not given out how he plans to tax Wall St. either.

 

[Confounding]

Not yet

Don't hold your breath.

 

[nat4900]

In the same way that ultra conservatives "think" that global warming is a hoax and not man-made, the issue of academics and professional calling for MAJOR changes to how Wall Street gambles goes unheard an belittled by conservatives.