Sanders Blocking Vote to Confirm Obama Nominee Who Worked to Deregulate Credit Default Swaps

[ProfessorPlum]

Run time: 04:34 https://www.youtube.com/watch?v=n_tLw3UCXe0   Posted on YouTube: March 26, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: March 27, 2009 By DU Member: ProfessorPlum Views on DU: 2487

 
America's Senator actually holds ONE of these thieves and criminals to account. ONE. Good job, Bernie. Someone should have to suffer because of their sins.

[leftchick]

1. question

has obama picked one person for his economic team that is not part of the problem?

[pam4water]

12. Not the I know of and WTF and K & R n/t

[vssmith]

20. Volcker?

[leftchick]

21. not so much

As of October 2006, he is the current Chairman of the Board of Trustees of the influential Washington-based financial advisory body, the Group of Thirty, and is a member of the Trilateral Commission. He has had a long association with the Rockefeller family, not only with his positions at Chase Bank and the Trilateral Commission, but also through membership of the Trust Committee of Rockefeller Group, Inc. (RGI), which he joined in 1987. That entity managed, at one time, the Rockefeller Center on behalf of the numerous members of the Rockefeller clan. He currently serves as Chairman of the Board of Trustees of the International House in Manhattan, NY. He was a founding member of the Trilateral Commission.

http://en.wikipedia.org/wiki/Paul_Volcker

[JDPriestly]

22. Afraid not.

[tomm2thumbs]

2. Perhaps they need to remind Obama of his own credo - the stakes are...

... too high and the challenges are too great to play the same old Washington game with the same old Washington players and expect a different result.

I know there is the need to have people who know the business of Wall Street be involved in organization and regulation, but this one sounds a bit too much part of the 'same old' and not enough 'change for Washington' to me. I guess he was one of the few that was willing to run the gauntlet of congressional approvals and public review and that is limiting who will step up to the plate. Maybe everyone on Wall Street truly does have lots of detrimental 'baggage', but that just reinforces the point of changing things in a dramatic way.

Maybe they should think of hiring someone from outside of Wall Street this time around -

[dixiegrrrrl]

7. You sound much more tactful than I am feeling at the moment.

I am gonna call the dc witchboard and leave a message of support for Bernie.

We can't afford the rape of America to continue.

[Skink]

3. Obama should listen up.

[slipslidingaway]

4. K&R thanks n/t

[ArcticFox]

5. Here's an idea

Why not just hire Goldman Sachs to run the government!

[ihavenobias]

10. Ok, not THAT was funny.

Well said.

:)

[ProfessorPlum]

11. Don't think they haven't thought of it

Actually, what would be the difference?

[leftchick]

14. actually that is pretty much a done deal

:(

[Iwillnevergiveup]

6. k&r

for Bernie!

[earcandle]

8. Thanks for common sense!

[Canuckistanian]

9. All he's asking for is a non-Wall Street appointee

He makes a good argument.

Gensler was a cheerleader for the Commodity Futures Modernization Act, the repeal of Glass-Steagall and was an employee of one of the worst firms participating in the looting of America's wealth.

And now Obama wants to hire him to FIX the problems?

It's kind of like hiring the getaway car driver to help investigate a bank robbery.

[cooolandrew]

13. Whatever Sanders does you can have full certainty he's fighting for the people. >

Sanders is what being a Democrat should look like with Kucinich in that sector too.

[pberq]

15. Kick and nominated

We the tax payers are paying for Wall Street's gambling debts.

[Metta]

16. Right freaking on. Bernie nails this one. Obama is getting bad advice.

in finance, intelligence and in fighting drugs.

[ihavenobias]

17. K & R n/t

[soulcore]

18. K & Effin' R!

Because the new boss is the same as the old boss.

*sigh

[debbierlus]

19. Hope he runs on a third party ticket in 12

[countryken]

26. That is a scary thought!

Bernie represents my views more than anyone else in the Senate, but at this time, I'd like to see his influence grow and draw the country - and Congress - towards the progressive view over the next eight years. His running in '12 would result in another three-way mess, which could easily result in President Gingrich in '12. I'd better learn to speak Spanish, as that would definitely chase me down to Costa Rica.

[JDPriestly]

23. Bernie Sanders, a true champion of the people.

Thank you, Senator Sanders. Where would we be without you?

[wildbilln864]

24. k&r and thank you Professor. nt

:hi:

[pleah]

25. K&R