Bernie Sanders Storms CNBC and Slams The Sick Greed Of Wall Street

sanders-cnbc

Bernie Sanders did something that no other politician does. The Democratic presidential candidate went on CNBC and criticized the sick greed of Wall Street.

Video:

In an interview with CNBC’s John Harwood, Sen. Sanders responded to Wall Street’s comparison of regulations to Hitler hunting down the Jews.

Sanders said, “I think it’s sick, and I think these people are so greedy. They’re so out of touch with reality, and they think they own the world, and the idea that me or anybody else are challenging them and saying maybe, just maybe, there’s something wrong with 99% of all new income going to the top 1%. Oh, this is Hitlerism to suggest that? What a disgusting remark. If you’ve seen a massive transfer of wealth from the middle-class to the top one ten of one percent, in our view, you ought to transfer that back. When radical socialist Dwight D. Eisenhower was president, I think the highest marginal tax rate was ninety percent or something like that.”

Harwood asked if Sen. Sanders thought that ninety percent was too high. The Democratic presidential candidate answered, “No. What I think is obscene, and what frightens me is again when you have the top one-tenth of one percent owning as much as the bottom ninety. Does anyone think that this is the kind of economy that this country should have? Do they think it’s moral? We got people working one job, two jobs, three jobs. People scared to death about what happens tomorrow. Half the people in America have less than ten thousand dollars in savings.”

This interview perfectly captured why so many Americans support Bernie Sanders. Sen. Sanders is real. He gives real answers. Bernie Sanders delivered what he viewed as the truth without the burden of calculating to constituencies.

It is unheard of for any political figure to go on CNBC and bluntly criticize the greed of Wall Street. If one spends any time watching the business news networks, criticism of Wall Street beyond stock performance is blasphemy.

Bernie Sanders went into the belly of the beast and spoke the truth about the unchecked greed of Wall Street.

Sen. Sanders isn’t afraid of Wall Street, but Wall Street is terrified of the movement building around Bernie Sanders.

18 Replies to “Bernie Sanders Storms CNBC and Slams The Sick Greed Of Wall Street”

  1. The more he opens his mouth, the more attractive he becomes.

    He DARES to speak Blasphemy in the Land of the Mammon Worshippers.

  2. What is the point of constantly bringing up Clinton’s wealth ?

    Many progressive President’s have been wealthy. Both the Roosevelt’s, The Kennedy’s , even LBJ.

    I don’t get it.

  3. And those Bush people. And they are important this year because I just read a few articles that say Jeb and Rubio are the choice of FOX and the Koch brothers and all else is for show.

    But ok, Bernie is having his kickoff today, and since Jason keeps telling us Bernie is terrifying Wall Street, I am sure some here will be distracted away and not accept the real world.

    Late night comedy shows have a grip on it.

    Hillary’s Iraq vote – he brought that up too… and CNN did a segment on “Hillary is a fat cat” following Bernie’s attack.

    Tell us again how he isn’t going to get dirty?

    I don’t think she needs to respond to him since he is just saying the same things the GOP does.

  4. The cost of debt-free college v. actual crazy ideas

    “What voters are looking for in this election is someone who is going to be a champion for everyday people,” Hillary Clinton’s campaign manager said earlier this month. “For young people, that’s debt-free college, that is finding that job after you graduate.”

    The words “debt-free college” are treated like some bizarre fantasy that can only happen in an utopian future or Scandinavia or Germany.
    Read More
    http://www.eclectablog.com/2015/05/the-cost-of-debt-free-college-v-actual-crazy-ideas.html

  5. I love this guy. he is completely correct with his assumptions. greed is a major problem with America’s rich. nobody is bashing the rich for being rich, the problem is their unrelenting greed as they look for more and more ways to screw average americans so they can make a few extra dollars. it is disgusting. you have folks who have more money then me or you could spend in a hundred lifetimes or more. that is the issue. that is the problem. tax the 1% at 90% and give the American working class and poor a break. want to fix infrastructure and create millions of jobs? tax the goddamn wealthy elite.

  6. I just watched that video.

    She hustles, she is establishment, she is isolated from reality.

    READ the link I put up from the daily beast. READ it all.

    Bernie has a new name for me. I will think of him with his initials.

    He has Ben AND Jerry supporting him. Both!

    Good luck.

  7. It’s not just people who are wealthy, the wealth argument comes up when you see that some wealthy people are detached from reality (wealth gets in the way of reality for many wealthy people).

    It’s not bad necessarily to be wealthy, but it is bad to be disconnected from reality.

    Millionaire is fine, Billionaire is too much.

  8. He’s not saying the same thing the GOP is, he’s talking about the issues…

    Bernie will say something, then 24 hours later Clinton is saying it word for word.

    The difference is that Bernie is genuine, and Hillary is fake/pandering to her base.

    When she gets all her money from the largest financial institutions and companies in our country and gets 500k per speech (money laundering) then there’s absolutely no way she’s going to take on the banks.

  9. Why is it, Rin, anytime a report about Bernie Sanders says something good about him, you immediately take it as an attack on SoS Clinton. Sen. Sanders is attacking Wall Street, not Clinton.

    When the budget was passed last year, The Republicans, reportedly, allowed CitiBank to write a section that once again put taxpayers on the hook for their risky trading. They have granted us, once again, the honor of bailing them out the next time they go crash.

    WS fights environmental regulations because it would cost money to clean up their act. WS fights banking regulations because they want unfettered freedom to act in THEIR own best interests, not the consumers. Its all about the bottom line.

    Sen. Sanders may not win the nomination, but I truly hope he never loses his passion for protecting the 99% against the 1%.

  10. Patricia, did you watch the video above?

    I quoted him. I quoted him on the other three interviews where he directly attacked Hillary specifically.

    In the video above he says:

    “She hustles, she is establishment, she is isolated from reality.”

    Those are his words.

    He attacked her a dozen times already. I am paying attention to it.

    And every attack has been a lie.

    She is silent on TPP? etc. LIES.

    I will not apologize for being supportive of the democratic front runner, who has a chance to beat Republicans.

    He is, as I said before, a distraction. But now, he is becoming an irritation.

  11. I think sometimes what can happen is that—it’s not just the Clintons—when you hustle money like that, you don’t sit in restaurants like this. You sit in restaurants where you’re spending—I don’t know what they spend—hundreds of dollars for dinner and so forth. That’s the world that you’re accustomed to, and that’s the world view that you adopt. You’re not worrying about a kid three blocks away from here whose mom can’t afford to feed him. So yes, I think that can isolate you—that type of wealth has the potential to isolate you from the reality of the world.

    o I am sensing that based on that trip and trips that I made to Iowa, New Hampshire, that there is more disconnect and more anger at the establishment—the corporate establishment, the political establishment, the media establishment.

    Is there the potential support out there? I sensed that there was. Gut feeling, that’s all.

    I fully concede that I get into this race as a major underdog. No question abou…

  12. I watched the whole interview earlier. The parts where he attacks her, from the transcript above, might not be in the clip above. The whole interview is at the link.

    He might be saying it quietly but those are knives. He has done that all along.

    Jason says Bernie will not throw mud…

    No he throws knives.

  13. The above is all from the transcript of that interview in the restaurant.

    It isn’t what I said, it is what BS said.

  14. One of the basic things Sen. Sanders has going for him is that there is a “there” there.

    I would like for him to emphasis that the numbers he is quoting on wealth inequality are just a static, of the moment, snapshot of an on-going dynamic process in which more and more is going to fewer and fewer faster and faster.

    Where we are at with this issue at this moment in time is concerning enough, but it is nowhere near as troublesome as the rate/momentum & direction in which it is inexorably moving.

  15. There are so many reasons we need Bernie including wealth distribution. Raise your hand if you think that companies making billions in profits (not revenue) should get a tax refund at the end of the year. It’s disgusting: Between 2008 and 2010, a dozen major US corporations—including General Electric, ExxonMobil, and Verizon—paid a negative tax rate, despite collectively recording $171 billion in pretax US profits, according to an analysis by Citizens for Tax Justice.

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