Sen. Bernie Sanders Passionately Decries The American Oligarchy On The Senate Floor (Video)

Bernie Sanders Passionately Decries the American Oligarchy on the Senate Floor (Liberty, Blitzkrieg, Sep 20, 2013):

Senator Bernie Sanders of Vermont is the longest serving Independent member of Congress in American history. While I certainly don’t agree with him on everything, I have always respected his willingness to call out the Federal Reserve for the fascist cartel that it is. He has often accurately called it “socialism for the rich.”

Back in 2010 he explained:

The Federal Reserve loaned $16.1 billion to General Electric and $3 billion to JPMorgan Chase during the 2008 financial crisis, even as Jeffrey R. Immelt of G.E. and Jamie Dimon of JPMorgan sat on the Federal Reserve Bank of New York board of directors. “It is an obvious conflict of interest,” Sen. Bernie Sanders said on Sunday.  Sanders wrote the amendment to the Wall Street reform law that required the Fed to disclose some 21,000 transactions involving more than $3.3 trillion during the financial crisis. Fed Chairman Ben Bernanke tried to keep the information secret. It appears  that we are very much a country in which we practice socialism for the rich and rugged capitalism for everyone else.

Bernie recently took to the Senate floor to decry the plutocratic, oligarch driven Banana Republic that America has turned into ever since the Wall Street coup of 2008. In a town filled with unconscious money grabbing zombies, he is a giant breath of fresh air. Enjoy.


YouTube Added: 18.09.2013

Senator Bernie Sanders: The Veil of Secrecy at the Fed Has Been Lifted, Now It’s Time for Change

The Veil of Secrecy at the Fed Has Been Lifted, Now It’s Time for Change (Huffington Post, Nov. 2, 2011):

As a result of the greed, recklessness, and illegal behavior on Wall Street, the American people have experienced the worst economic crisis since the Great Depression. Millions of Americans, through no fault of their own, have lost their jobs, homes, life savings, and ability to send their kids to college. Small businesses have been unable to get the credit they need to expand their businesses, and credit is still extremely tight. Wages as a share of national income are now at the lowest level since the Great Depression, and the number of Americans living in poverty is at an all-time high.

Meanwhile, when small-business owners were being turned down for loans at private banks and millions of Americans were being kicked out of their homes, the Federal Reserve provided the largest taxpayer-financed bailout in the history of the world to Wall Street and too-big-to-fail institutions, with virtually no strings attached.

Over two years ago, I asked Ben Bernanke, the chairman of the Federal Reserve, a few simple questions that I thought the American people had a right to know: Who got money through the Fed bailout? How much did they receive? What were the terms of this assistance?

Incredibly, the chairman of the Fed refused to answer these fundamental questions about how trillions of taxpayer dollars were being spent.

Read moreSenator Bernie Sanders: The Veil of Secrecy at the Fed Has Been Lifted, Now It’s Time for Change