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Sen. Bernie Sanders: Break Up The Wall Street Giants | Eric Black Ink

Sen. Bernie Sanders of Vermont doesn’t have to fret that when he rails against Wall Street, he’ll be called a socialist, since that’s what he calls himself (a “Democratic Socialist,” to be sure, who appears on the list as an “independent,” then caucuses with the Dems in the Senate. Still, he’s the usually contentious Marxist to make it to the Senate in this generation, and we regard may be ever. What are the Vermonters smoking?)

Perhaps that frees him up to make particular statements similar to these, in a Boston Globe op-ed this week in oneness with the Wall Street occupiers:

“The demonstrators and millions of sensitive Americans comprehend that probability are built in Wall Street’s preference since the unusual mercantile and diplomatic poke of the large banks. Believe it or not, the country’s 6 largest financial institutions (Bank of America, CitiGroup, JP Morgan Chase, Wells Fargo, Morgan Stanley and Goldman Sachs) right away have thick with properties next to to more than 60 percent of our sum made at home product. The 4 largest banks situation two-thirds of all credit cards, half of all mortgages, and grip scarcely 40 percent of all bank deposits. Incredibly, after we bailed out the behemoth banks that were ‘too large to fail,’ 3 out of the 4 are right away even bigger than before the financial crisis.

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