Bernie Sanders Attacks Hillary Clinton Over Regulating Wall Street [View all]

Source: New York Times

Senator Bernie Sanders of Vermont in a fiery speech on Tuesday laid out his plan to break up “too big to fail” commercial banks and pointedly attacked Hillary Clinton for taking speaking fees from the financial industry and, in his view, not going far enough in her plan to regulate Wall Street.

The criticism of Mrs. Clinton was some of Mr. Sanders’s strongest to date, and came after he had frequently refrained from such direct attacks.

“My opponent says that as a senator, she told bankers to ‘cut it out’ and end their destructive behavior,” Mr. Sanders said of Mrs. Clinton. “But, in my view, establishment politicians are the ones who need to cut it out. The reality is that Congress doesn’t regulate Wall Street. Wall Street and their lobbyists regulate Congress. We must change that reality, and as president, I will.”


Mr. Sanders said that Mrs. Clinton was “wrong” to oppose his plan to reinstitute the Glass-Steagall Act, which would legally separate commercial banking, investment banking and insurances services. And the senator implicitly criticized Mrs. Clinton for being a patron of bankers when he pointed to their huge campaign donations and noted that they “provide very generous speaking fees to those who go before them.”


Read more: http://www.nytimes.com/2016/01/06/us/politics/bernie-sanders-attacks-hillary-clinton-over-regulating-wall-street.html?_r=0

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Hillary's speaking fees to Wall St just smacks of the "Greed is Good" mind set