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Saturday, February 6th, 2016

Bernie’s making Wall Street shiver: Goldman Sachs CEO Lloyd Blankfein lashes out against Sanders, warning a “dangerous moment” could be ahead

Author:     Sean Illing
Source:     Salon
Publication Date:    
Link: Bernie’s making Wall Street shiver: Goldman Sachs CEO Lloyd Blankfein lashes out against Sanders, warning a “dangerous moment” could be ahead
Stephan:   To people outside of the United States one of the notable things about present day America is that the oligarchs are never held accountable. A Hungarian woman professor told me a few days ago that to her America increasingly looked like the Soviet Union: "You have a special class who have a different set of laws. Just like the old USSR and Hungary when I was a girl." And it's true. One of the reasons I support Bernie Sanders is that he is the only person who seems to ruffle the feathers of the uber-class. Here's an example of what I mean.
Democratic presidential candidate Sen. Bernie Sanders (I-VT) takes part in a rally to preserve union pensions on Capitol Hill in Washington September 10, 2015. Credit: Reuters/Joshua Roberts

Democratic presidential candidate Sen. Bernie Sanders (I-VT) takes part in a rally to preserve union pensions on Capitol Hill in Washington September 10, 2015.
Credit: Reuters/Joshua Roberts

Contempt for the vultures on Wall Street is one of the few things most Americans share. In the last few decades, neither party has done anything to curb the corruption and greed of the financial industry. Indeed, it was a Democrat, Bill Clinton, who did as much as anyone to deregulate the very banks that later wrecked the economy and plundered the public coffers. Although his mythology remains firmly in tact, Ronald Reagan is equally responsible for what happened in 2008.

Part of the reason Bernie Sanders has touched a nerve is that he’s the only candidate running for president who’s credible on this issue. Wall Street prefers a Republican, but they can live with a Democrat. In almost every election, […]

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