The Political Revolution Continues By Warren Gunnels, Policy Director for Sen. Bernie Sanders

[Donkees]

Excerpt:

I have had the honor and the privilege of serving as Senator Bernie Sanders’ representative on the committee responsible for writing the first draft of the platform of the Democratic Party.

This draft platform, which was recently released, is not a perfect document by any stretch of the imagination. It can and must be improved when the full platform committee meets in Orlando, Florida on July 8th.

But this document is a reflection of many of the ideals and aspirations of the more than 12 million Americans who voted for a new political revolution in the year 2016. Here are just a few of the accomplishments that we have already made in this platform

It is now the policy of the Democratic Party that we will fight to:

· Break up too big to fail financial institutions, enact a modern version of the Glass Steagall Act, and make sure that the banking system is part of the productive economy providing loans to small-and-medium sized business to create good-paying jobs.

· Prohibit Wall Street from picking and choosing which credit agency will rate their products. As The Big Short reminds us, we cannot ensure the safety and soundness of our financial system without this needed reform.

· Make the Federal Reserve a more democratic institution by banning executives at financial institutions from serving on the boards of regional Federal Reserve banks or handpicking their members. During the financial crisis, it was absurd that Jamie Dimon, the CEO of JP Morgan Chase, was a director on the New York Fed, while his bank received over $390 billion in virtually zero interest loans from our central bank.

· Ban golden parachutes for taking government jobs and crack down on the revolving door between Wall Street and Washington.

· Empower the Postal Service to offer basic banking services so that low-income Americans are no longer dependent on payday lenders who charge interest rates of over 300 percent and trap millions of Americans into a viscous cycle of debt...

More at Link:

https://medium.com/WarrenGunnels/the-political-revolution-continues-e034c9a8f8c#.ntbtfq1lo

[merrily]

1. Thanks, Donkees. "Revolution" is such a loaded word.

Another term may have been more useful. But, I am certainly up for more change than has been on the table at any time after LBJ.

Make that "more positive change for a majority of Americans" than has been on the table at any time since LBJ. (And, no, I am not referring to the Vietnam War. Poster, please.)

[fasttense]

2. It's just a platform. Obama's read like a real liberal's wet dream

What a president does after taking office rarely matches.