New Bernie Sanders Campaign Ad Vows to Break Up Big Banks

http://www.nationofchange.org/news/2016/01/16/new-bernie-sanders-campaign-ad-vows-to-break-up-big-banks/

Sen. Bernie Sanders released a presidential campaign ad this week attacking Wall Street and vowing to break up the big banks if elected. Instead of targeting Hillary Clinton directly, Sanders pointed out that his democratic colleagues continue to blindly accept money from the massive financial institutions.

“There are two democratic visions for regulating Wall Street,” Sanders declared in his campaign ad. “One says it’s okay to take millions from big banks and then tell them what to do. My plan – break up the big banks, close the tax loopholes, and make them pay their fair share.”

Titled “Two Visions,” the presidential campaign ad targets the large banks responsible for causing the 2008 financial crisis. Deemed too big to fail, the banks accepted bailout money paid by taxpayers and ended up giving themselves multimillion-dollar bonuses instead of pouring that money back into the economy. In October, Fortune 500 companies were caught holding over $2.1 trillion in accumulated profits offshore to evade paying U.S. taxes.