2016 Postmortem

JaneyVee

(19,877 posts) Sat Nov 14, 2015, 11:11 PM Nov 2015

How is Bernie so naive about Wall Street?

He's now months into his campaign and onto his 2nd debate and the only thing he can come up with is Glass-Steagall and no other policy??? RELEASE SOME PROPOSALS!!! He just looks amateur screaming about problems without any solutions.

11 replies

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How is Bernie so naive about Wall Street? (Original Post) JaneyVee Nov 2015 OP

He needs to get the message out. People understand simple solutions, not complex ones putitinD Nov 2015 #1

But simple solutions are usually wrong (nt) Recursion Nov 2015 #2

We need complex solutions, the financial sector is very complex. JaneyVee Nov 2015 #4

Absolutely, but he has to identify the problem to the people in terms they can understand....then putitinD Nov 2015 #5

So in the meantime he's willing to look amateur and naive? JaneyVee Nov 2015 #7

we see it as amauteur and naive, 90% of the country is enlightened by it.... putitinD Nov 2015 #9

I don't think hill2016 Nov 2015 #3

Bernie is the only one that UNDERSTANDS Wall Street. thats why he won't take their money putitinD Nov 2015 #6

Actually, he has two (at least) MFrohike Nov 2015 #8

Glass Steagall seperated investment and commercial banking AgingAmerican Nov 2015 #10

Well the first step is to not take their bribes NobodyHere Nov 2015 #11

putitinD

(1,551 posts)

1. He needs to get the message out. People understand simple solutions, not complex ones

Reply to JaneyVee (Original post)

Sat Nov 14, 2015, 11:13 PM

Nov 2015

Recursion

(56,582 posts)

2. But simple solutions are usually wrong (nt)

Reply to putitinD (Reply #1)

Sat Nov 14, 2015, 11:15 PM

Nov 2015

JaneyVee

(19,877 posts)

4. We need complex solutions, the financial sector is very complex.

Reply to putitinD (Reply #1)

Sat Nov 14, 2015, 11:17 PM

Nov 2015

putitinD

(1,551 posts)

5. Absolutely, but he has to identify the problem to the people in terms they can understand....then

Reply to JaneyVee (Reply #4)

Sat Nov 14, 2015, 11:19 PM

Nov 2015

the solutions

JaneyVee

(19,877 posts)

7. So in the meantime he's willing to look amateur and naive?

Reply to putitinD (Reply #5)

Sat Nov 14, 2015, 11:21 PM

Nov 2015

putitinD

(1,551 posts)

9. we see it as amauteur and naive, 90% of the country is enlightened by it....

Reply to JaneyVee (Reply #7)

Sat Nov 14, 2015, 11:27 PM

Nov 2015

hill2016

(1,772 posts)

3. I don't think

Reply to JaneyVee (Original post)

Sat Nov 14, 2015, 11:16 PM

Nov 2015

he actually knows what Wall Street does.

putitinD

(1,551 posts)

6. Bernie is the only one that UNDERSTANDS Wall Street. thats why he won't take their money

Reply to hill2016 (Reply #3)

Sat Nov 14, 2015, 11:21 PM

Nov 2015

MFrohike

(1,980 posts)

8. Actually, he has two (at least)

Reply to JaneyVee (Original post)

Sat Nov 14, 2015, 11:27 PM

Nov 2015

Reinstate Glass-Steagall and force the breakup of the big six, presumably through an antitrust suit. Those two actions would be immensely effective in terms of regulation the financial sector, as they'd make it harder to bail out the banks yet again and would reduce the danger inherent if any particular bank got in trouble. It's not a complicated plan, but, unlike a complicated plan, it would have a real chance of success. Complicated plans tend to be designed to look effective while only being effective at shifting responsibility.

AgingAmerican

(12,958 posts)

10. Glass Steagall seperated investment and commercial banking

Reply to JaneyVee (Original post)

Sat Nov 14, 2015, 11:32 PM

Nov 2015

And it worked beautifully until the early 80s when it was declawed.

NobodyHere

(2,810 posts)

11. Well the first step is to not take their bribes

Reply to JaneyVee (Original post)

Sat Nov 14, 2015, 11:33 PM

Nov 2015

And Hilary fails at that.

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