April 9, 2016
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8:52Now PlayingPaul Krugman has a new article in the New York Times called “Sanders Over The Edge.” He's been bashing Bernie for months, but now he's truly jumped the shark. Cenk Uygur, host of The Young Turks, breaks it down. Tell us what you think in the comment section below.
"Many analysts concluded years ago that the answers to both questions were no. Predatory lending was largely carried out by smaller, non-Wall Street institutions like Countrywide Financial; the crisis itself was centered not on big banks but on “shadow banks” like Lehman Brothers that weren’t necessarily that big. And the financial reform that President Obama signed in 2010 made a real effort to address these problems. It could and should be made stronger, but pounding the table about big banks misses the point.
Yet going on about big banks is pretty much all Mr. Sanders has done. On the rare occasions on which he was asked for more detail, he didn’t seem to have anything more to offer. And this absence of substance beyond the slogans seems to be true of his positions across the board.”*
Read more here (or don’t)
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