Bernie Sanders Will Break Up Big Banks When Elected President
May 7, 2015
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4:06Now PlayingBernie Sanders Will Break Up Big Banks When Elected President
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as posted by the channelSenator Bernie Sanders is running for President and Cenk thinks that's awesome! Go get 'em Bernie! Senator Sanders explained today that when elected President he will introduce a bill to break up the countries big banks. Cenk Uygur talks about whether or not Bernie Sanders should run and discusses the plan he announced today on The Young Turks. Tell us what you think in the comment section below.
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"Bernie Sanders, a self-described socialist U.S. senator who has launched a bid for the 2016 Democratic presidential nomination, said on Tuesday he will introduce a bill to break up the biggest banks, a position far to the left of the party's front runner, Hillary Clinton.
Calls for Wall Street's largest firms to be cut down were numerous after taxpayers spent billions of dollars to prevent the financial system from collapse during the 2007-09 financial crisis, but they have since gradually died down.
Sanders faces long odds against Clinton's fund-raising might, and his views might help position the former secretary of state and first lady more as a moderate and buttress her efforts to attract money from banks' deep pockets."
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