Bernie Sanders Said Wednesday that if he wins the White House he will “fix” the Federal Reserve by throwing bankers off its boards and increasing transparency. Sanders criticized the pivotal decision by America’s central bank a week ago to raise interest rates for the first time in almost a decade. He declared that the move was “the latest example of the rigged economic system”, in an opinion article for the New York Times on Wednesday. He said in the article, “Wall Street is still out of control.” He pointed out that most of the country’s leading financial institutions are larger now than they were during the 2008 economic catastrophe when some had to be bailed out by the government. He said, “If any were to fail again, taxpayers could be on the hook for another bailout, perhaps a larger one this time.” http://bit.ly/1khNolM http://bit.ly/1fJ5yqZ This video was produced by YT Wochit News using http://wochit.com
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12/23/15
Bernie Sanders Says He Will “Fix” the Federal Reserve If He'll Become President
Bernie Sanders Said Wednesday that if he wins the White House he will “fix” the Federal Reserve by throwing bankers off its boards and increasing transparency. Sanders criticized the pivotal decision by America’s central bank a week ago to raise interest rates for the first time in almost a decade. He declared that the move was “the latest example of the rigged economic system”, in an opinion article for the New York Times on Wednesday. He said in the article, “Wall Street is still out of control.” He pointed out that most of the country’s leading financial institutions are larger now than they were during the 2008 economic catastrophe when some had to be bailed out by the government. He said, “If any were to fail again, taxpayers could be on the hook for another bailout, perhaps a larger one this time.” http://bit.ly/1khNolM http://bit.ly/1fJ5yqZ This video was produced by YT Wochit News using http://wochit.com
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