Friday, March 29, 2013

Bernie Sanders on Too Big To Jail

Bernie Sanders never rests, and now he is proposing we actually do something about the threats to our economy.  I hope he finally gets some support from the administration that seems more concerned with protecting the Too Big To Jail crowd.

Sanders said his bill would give Treasury Secretary Jacob Lew 90 days to make a list of commercial banks, investment banks, hedge funds and insurance companies that he deems too big to fail. One year later, the Treasury Department would be required to break up those financial institutions identified by the secretary.
“If an institution is too big to fail, it is too big to exist,” Sanders said.


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