2016 Postmortem
Related: About this forumBernie Sanders going Beast Mode on Greenspan
Bernie Sanders going Beast Mode on Greenspan
SUN JUL 05, 2015 AT 05:26 AM CDT
In 2003, Alan Greenspan was probably one of the most powerful people in Washington, when Bernie confronted him about the job losses, the shrinking middle class, the fact that Walmart had replaced General Motors as the biggest employer and was paying starvation wages, the loss of manufacturing, the Extravagant CEO pay, ...etc.
I don't remember how many Senators or House Representative who have taken on the establishment head-on like Bernie Sanders is doing it here. But, it is not only what Bernie said. It is how he said it. It is the ton of his voice, the look on his face. Compare that to the arrogance of Greenspann, his insulting and condescending attitude. Look at how he dismisses the question. I don't know if there is anything that best describes the TWO Americas that exist today than this exchange.
5 years later, the arrogant and self serving Alan Greenspann came to Congress to beg for money to bail out his friends.....
http://www.dailykos.com/story/2015/07/05/1399237/-Bernie-Sanders-going-Beast-Mode-on-Greenspann
I just love this video between Bernie and Greenspan!
azmom
(5,208 posts)Stellar
(5,644 posts)Too funny!
abelenkpe
(9,933 posts)SusanCalvin
(6,592 posts)And then he admits he was wrong *after* the world has been wrecked.
Very good, persuasive video.
99th_Monkey
(19,326 posts)Just wow. Bernie is an amazing orator, forceful, clear, direct, well-prepared, focused like a laser>
I certainly wouldn't want to face him in a serious debate.
FlatBaroque
(3,160 posts)who probably massaged Alan Greenspan's feet for his five minutes.
sabrina 1
(62,325 posts)with zero consequences because no one had the courage to take him on.
Once again, Bernie shows he has excellent foresight and judgement and the courage to speak honestly to anyone, no matter how powerful, all the qualities needed in a leader.
stuffmatters
(2,574 posts)For zero money!
Bernie's history has so many of these principled stands for the American people.. He doesn't need the millions to create/fabricate the illusion of being a fighter for democracy. He's been there all along.
George II
(67,782 posts)joanbarnes
(1,723 posts)Enthusiast
(50,983 posts)Enthusiast
(50,983 posts)Anyone that isn't outraged by this doesn't have a pulse.
The bad part? They are planning to do it again, right now. And the Democratic President supports it 100%, against our wishes.
JDPriestly
(57,936 posts)happened in Greece.
The Frankfurter Allegemeine reports that the money that was lent to Greece went into the pockets of the wealthy Greeks who lived above their means and even took the money out of the country, buying properties in other countries including Bulgaria. Meanwhile, the unemployment rate in Greece skyrocketed.
The overall Greek living standard rose far above a standard that met the measure of the country's production, but the ordinary Greek people did not benefit.
The Greenspan philosophy sowed the seeds for that kind of development in many countries including our own. It was not held just by Greenspan. It is a very common view among economists.
We have to change this in our country. Just allowing very rich people to make almost all the economic decisions is not a good idea. Capitalism, yes. Oligarchy, no. We have to find a middle ground, a reasonable, moderate middle ground.
Go, Bernie.
sorechasm
(631 posts)When Greenspan 'admitted he was wrong', he offered no compensation for his horrible judgement, just a request for a handout so that the very people (or should we say his subjects) he dissed with the laundry list of pain, were now being asked to pay for his mistake. It was like:'So what, I made a math error.'.
Willful ignorance, coupled with insincere apologies is the mark of childhood mischievousness, not honesty.
I once saw Greenspan wondering around DuPont Circle years after these events. Dazed, with a crumpled coat, he could have been mistaken for a homeless person. I still wonder if he and his ilk have any remorse for what they do. If so, why don't they vocalize it?
JDPriestly
(57,936 posts)Cleita
(75,480 posts)I never get enough of Bernie telling Mr. Toad off.
Stellar
(5,644 posts)I just felt like Bernie really wanted to kick his ass, right then and there.