Thursday, October 4, 2018
Taibbi and Sanders on breaking up the big banks
Taibbi provides the historical context of how the big bank situation happened, and how it has gotten even worse. He intersperses this with comments by Sanders on how this must be overcome with legislation, including his new Too Big to Fail, Too Big to Exist Act. Otherwise another financial crisis is immanent on the near horizon. Hence the importance of getting progressive control of the House and Senate in the mid-terms. That means corporate Dims have to go too, since they've gone along with financial deregulation from the start.