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View Diary: Sen. Bernie Sanders to Introduce Bill to Break Up Too Big To Fail Banks (99 comments)

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  •  I think he would veto it, (5+ / 0-)

    or more likely, sabotage it before it gets to his desk, for some nice sounding reason that many supporters would find reasonable.

    •  And nothing will ever change that opinion (4+ / 0-)
      Recommended by:
      ericlewis0, Loge, shrike, The Marti

      because it's not based on reality.

      Business doesn't distinguish between making money and taking money.

      by Troubadour on Thu Mar 28, 2013 at 08:00:41 PM PDT

      [ Parent ]

      •  The chance was open in 2009 (5+ / 0-)
        Recommended by:
        Dumbo, dfarrah, burlydee, The Marti, BradyB

        And it wasn't taken.  Maybe he didn't understand it at the time.  Maybe he thought that Dodd Frank would be enough.  Maybe this is just another case of the President not understanding all of the laws on the books.  There are many factors, but one thing is for certain, he belongs to a group of people who feel that essentially if the large banks don't do well the rest of the country sinks with them.  

        "Hatred is never appeased by hatred in this world. By non-hatred alone is hatred appeased. This is a law eternal."

        by sujigu on Thu Mar 28, 2013 at 08:56:12 PM PDT

        [ Parent ]

      •  How is not based in reality? Obama's own DOJ (1+ / 0-)
        Recommended by:
        BradyB

        has taken absolutely no steps to prosecute too big to fail banks, and Obama has made no move to break up to big to fail banks.  

        You may disagree with the opinion, but to say its not based in reality, is to willfully stick your head in the sand.  

    •  And I suppose no objection (0+ / 0-)

      to a three paragraph bill (if its like the last version Sanders introduced) to completely restructure the banking system might actually BE reasonable?  Ever hear of unintended consequences?

      Difficult, difficult, lemon difficult.

      by Loge on Thu Mar 28, 2013 at 09:07:48 PM PDT

      [ Parent ]

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