Bernie Sanders on The Economic Crisis. Senator from Vermont is one of the few honest, smart and principled members of Congress // Obama on the Economy

Senator Bernie Sanders Comments on Economic Crisis  09/18/2008

 

"This country can no longer afford companies that are too big to fail. If a company is so large that its failure would cause systemic harm to our economy, if it is too big to fail, then it is too big to exist. If it is too big to fail, it is too big to exist. We need, as a Congress, to assess which companies fall in this category. Bank of America is certainly one of them. Those companies need to be broken apart. We cannot have companies so huge that if they go under they take the world economy with them.

   Then once we break them up, if a company wants to act in a risky manner, if they want to take risks in order to make some quick bucks, that is OK. If they want to take the risk and they want to lose money, that is OK. The American people should not have to, and would not be under those circumstances, be left to pick up the pieces. "

more: 

 http://www.sanders.senate.gov/news/record.cfm?id=303188 

 ==================================================== Obama on the Economic Crisis

http://my.barackobama.com/page/content/economyvideo 

===================================================== Poll: Is Palin qualified to be VP?

http://www.pbs.org/now/polls/poll-435.html

 

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