Robert Reich: Sanders Knows How to Break Up the Big Banks—That's Why He Scares the Establishment
Robert Reich: Sanders Knows How to Break Up the Big BanksThat's Why He Scares the Establishment
Of course Sanders knows how to bust up the big banks.
RobertReich.org
4/11/16
The recent kerfluffle about Bernie Sanders purportedly not knowing how to bust up the big banks says far more about the threat Sanders poses to the Democratic establishment and its Wall Street wing than it does about the candidate himself.
Of course Sanders knows how to bust up the big banks. Hes already introduced legislation to do just that. And even without new legislation a president has the power under the Dodd-Frank reform act to initiate such a breakup.
But Sanders threatens the Democratic establishment and Wall Street, not least because hes intent on doing exactly what he says hell do: breaking up the biggest banks.
More:
http://www.alternet.org/election-2016/robert-reich-sanders-knows-how-break-big-banks-thats-why-he-scares-establishment