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Bernie Sanders
Related: About this forumWall Street Investment BANKER SUPPORTS BERNIE SANDERS, MSNBC, Hayfield Financial's Paul Ryan
Last edited Mon Nov 2, 2015, 11:57 AM - Edit history (3)
- Wall Street BANKER FOR BERNIE -
Oct. 27, MSNBC 'The Last Word' host Lawrence O'Donnell speaks with Wall Street INVESTMENT BANKER PAUL RYAN, the managing partner of Hayfield Financial who states that he's a supporter and contributor of Bernie Sanders because of ECOMOMICS.
Ryan says he thinks what's positive about Bernie Sanders is 'he's a good guy, he's good for the economics, he's going to do a little fiscal spending which is good. And I probably think he's going to CLEAN UP WALL STREET which we would all benefit from.' The way Bernie Sanders is funding his campaign is deeply meaningful Ryan said.
In 1987 Ryan entered the financial sector on Wall Street at Barclay's Bank and says that since then the useful function and public good of banking became a SPECULATIVE MESS. He also talks about what some on Wall Street thought of DONALD TRUMP.
For this election, Ryan advises that 'VOTERS should dig deep, READ A LOT and UNDERSTAND IT, look to who's paying for stuff and FOLLOW THE MONEY. He says when 'I look at someone like Hilary Clinton I look at voters and who's giving the money and why. They don't give that money and not expect something for it.'
Austan Goolsbee, economist and former White House adviser to Pres. Obama remarks on the financial industry's internal critique and the need for regulation. He also notes that it's becoming harder to know where the money is coming from and going to because of CITIZENS UNITED and many SUPER PACS.
------
*RELATED, Politico, 'WALL STREET BANKERS FOR BERNIE SANDERS', Oct. 26, 2015.
http://www.politico.com/magazine/story/2015/10/bernie-sander-bankers-wall-street-213295
The DONOR ROLLS of Bernie Sanders second and third quarter campaign finance report reveal that of the tens of thousands of contributors, well over a hundred work in the *financial services sector including PAUL RYAN of Hayfield Financial.
They do not worship the altar of the MARKET, and having seen the American economic system from the inside,
> They've come to agree with SANDERS' conclusion that THE GAME IS RIGGED in favor of the well connected and a handful of big banks. Some also work at small Wall Street shops that could actually benefit if Sanders succeeded at his No. 1. GOAL: BREAKING UP THE BIGGEST BANKS.
Hillary Clinton has turned up her anti-Wall Street rhetoric as Sanders has gained ground, but her husband's administration deregulated the industry in the 90s, and she maintained good relations with it as a senator from New York.
Today she carries the seal of approval of Goldman Sachs CEO Lloyd Blankfein. The Top 20 contributing organizations to Clinton included Morgan Stanley (whose employees have given $133,000), JP Morgan Chase ($97,000) and Bank of America ($90,000).
Meanwhile, no bank broke into Sanders Top 20, which would require less than $7,700. Not a single soul currently employed by Goldman Sachs chipped in for Sanders-- an impressive feat of restraint given that at least three current or former employees of the Koch brothers appear on the donor rolls. CONTINUED at Link above...
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Wall Street Investment BANKER SUPPORTS BERNIE SANDERS, MSNBC, Hayfield Financial's Paul Ryan (Original Post)
appalachiablue
Nov 2015
OP
Let's face it, these financial folks had it made before they did away with Glass Steagal.
Enthusiast
Nov 2015
#2
Absolutely and it's refreshing of Mr. Ryan to speak out this way. Of course there are
appalachiablue
Nov 2015
#3
aspirant
(3,533 posts)1. Bernie is actually moving some of these financial folks
off the reservation!
Enthusiast
(50,983 posts)2. Let's face it, these financial folks had it made before they did away with Glass Steagal.
It was a bridge too far and it's unsustainable. Many of them recognize this.
appalachiablue
(41,170 posts)3. Absolutely and it's refreshing of Mr. Ryan to speak out this way. Of course there are
workers in the financial industry who know what's transpired in the last 30 years and agree with Bernie that things need deep changes.
nenagh
(1,925 posts)4. Thank you... I emailed the video to family members (young adults)...
with a note about the repeal of Glass Steagall & why that matters...and when it happened..
So they get a more complete understanding of the issues..
again thank you.
Admiral Loinpresser
(3,859 posts)5. Excellent! n/t
MisterP
(23,730 posts)6. you have a bird that's bioconcentrating precious ores and excreting them, don't kill it