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Bernie Sanders to Discuss Inequality at the Vatican While Clinton Hosts a $2,700 Plate Fundraiser


 
 

Bernie Sanders is going to the Vatican, the seat of the Pope, the same day Hillary Clinton is fundraising with a former Goldman Sachs executive. You can’t make this stuff up.

On Friday, April 15, Bernie Sanders will travel to the Vatican to discuss the global economy and environmental sustainability at a conference on social, environmental, and economic issues, hosted by the Pontifical Academy of Social Sciences. Sanders will speak on his vision of a “moral economy.”

“Pope Francis has made clear that we must overcome ‘the globalization of indifference’ in order to reduce economic inequalities, stop financial corruption and protect the natural environment. That is our challenge in the United States and in the world,” Sanders said in a public statement.

 

That same day, Hillary Clinton will be attending a fundraiser in the global financial capital of Hong Kong, hosted by Gary Gensler, her campaign’s Chief Financial Officer. Gensler walked through the revolving door from Wall Street to Washington’s financial regulatory system. Prior to heading up the Commodity Futures Trading Commission’s (CFTC) regulation of derivative swaps, Gensler was a partner at Goldman Sachs. The fundraiser can only be attended by those willing to donate the maximum allowable contribution of $2,700.

Sanders’ visit and Clinton’s Hong Kong fundraiser will come one day after their debate in Brooklyn, and just four days before New York Democrats vote in their state’s primary. Sanders’ trip comes at a particularly critical time, as some of the states next in line to vote are also some of the most Catholic in the United States.

According to this list compiled by the Huffington Post, three of the five most Catholic states are voting in the ten days following Sanders’ visit to the conference. New York is 37 percent Catholic, making it the fifth-most Catholic state. Connecticut, Pennsylvania, and Rhode Island — all voting on April 26 — come in at #4, #9, and #1 on that list, respectively. Should Sanders’ visit go well, Catholic voters could be the linchpin to Sanders’ success in those states.

New York has 247 pledged delegates under contention, while the April 26 primaries — including Connecticut, Pennsylvania, and Rhode Island — have 384 at play. Should Sanders win in these states, it would easily bring him within striking distance of Hillary Clinton.

AJ
Abu Jihad posted:

It looks like Clinton is feeling the heat and the mainstream media is throwing the kitchen sink at Bernie right now.

Feel the Bern.

And what will Bernie do? Scream all day at "Wall Street" while London takes over from NYC as the global financial capital.

 

I have yet to hear from Bernie as to what HE will do.

FM
Chief posted:

Bernie for me in the Primary.

Unless your clients are non profits and the government I suggest that you change your mind about Bernie.

This is an old style socialist who doesn't have a clue about the complexities of global economics.   Under Bernie NYC will be like Philadelphia, as it loses its role as a global financial sector.

Bernie is an old ball senator, who is the conscience of America. He should remain in that role.  Our economic recovery has been way too tentative to risk a Bernie presidency.

In fact the biggest risk of a Bernie win is that it increases the probability of a President Trump.  And please don't quote the polls for the national.

When Trump succeeds in making Bernie look like a grumpy senile old man, with his endless braying about "Wall Street", and his singular inability to create a job, those polls will shift. No one serious focuses on the national until after Labor Day.

FM
Last edited by Former Member

Here's why I totally disagree with the Daily News Editorial Board’s Hillary Clinton endorsement

NEW YORK DAILY NEWS
 
 
NYC PAPERS OUT. Social media use restricted to low res file max 184 x 128 pixels and 72 dpiROBERT SABO/NEW YORK DAILY NEWS

Hillary Clinton met with the Daily News Editorial Board eight days after its sit-down with Bernie Sanders.

Let me set some ground rules here and address some conspiracy theories before I get started.

1. I love the New York Daily News. I'm not leaving. Writers at papers disagree peacefully every single day.

2. I love our Editorial Board. They are a smart, seasoned group of journalists.

3. I have been given the freedom, from the day I joined this staff, to write whatever the hell I wanna write without censorship.

If you can get past those things, let's dig in.

I'm disappointed.

I disagree with virtually every single word written by our Editorial Board on why they are supporting Hillary Clinton over Bernie Sanders. It is amazing, shocking even, on how differently we see this race and the candidates in it.

TRANSCRIPT: CLINTON MEETS WITH NEWS EDITORIAL BOARD

I'm not on the Editorial Board of the Daily News. They don't consult me. When I got on Twitter Tuesday evening and saw that they had just endorsed Clinton over Bernie Sanders, I learned alongside everybody else who saw the tweet. When I clicked the link and read the endorsement, it was my first time seeing their rationale.

I have deliberately avoided reading any other critiques or rebuttals so I could thoughtfully pen my own response without outside influence.

 

First off, without impugning the character of my colleagues, I think age is a real factor here. In fact, I think the single biggest difference in how most people view Sanders isn't race, or sex or ethnicity — or even political history — but age.

People under 40 like Sanders a whole lot.

People under 30 absolutely love him.

Democratic voters under 25 hardly recognize another candidate even exists.

Our Editorial Board, like 99% of editorial boards across America, skews older. I'm not being an ageist here — the facts are that younger voters see this race, see the candidates, and see America drastically different than their parents and grandparents. This is not to discount the endorsement of Clinton on the merit of it being written by "old people," but it is essential that we recognize just how likely it would be, demographically speaking, for an older board of professionals to pen an endorsement of Clinton over Sanders.

GET CLINTON, SANDERS TO ANSWER YOUR QUESTIONS IN NYC DEBATE

I am told, and I believe it, that a few members of the Editorial Board gave Sanders serious consideration before they made this decision.

That said, I believe our Editorial Board offered what amounts to a thoughtful, if perhaps perplexing, endorsement of Clinton with a scathing, sometimes backhanded critique of Sanders.

Sanders could've written the first 12 paragraphs of The News endorsement himself.

As it railed on about how the middle class has been squeezed the past few decades, how typical household incomes have actually dropped over $4,000 since 1999, how far too many jobs offer low wages, bad benefits and part-time hours, and how the billionaire class now owns more American wealth than ever, I had no idea how the Editorial Board intended to contort itself to pivot from the stump speech of Sanders to an actual endorsement of Clinton.

I'm still miffed.

No candidate is more dedicated to helping working-class families grow stronger than Sanders. Heck, the Working Families Party, a powerhouse in New York,endorsed Sanders for this very reason. They said:

“We want to live in a nation that allows all people to live a decent life, no matter what is in their parents' bank account or who is in their family tree. But the super-rich have used their economic muscle to buy political muscle, and unless you're one of them, what you think government should do basically doesn't count. That's why we're standing with Bernie Sanders to build the political revolution and make our nation into one where every family can thrive."

KING: VOTERS WHO THINK SANDERS 'CAN'T WIN' ARE WRONG

While The Justice Department recently announced a $5 billion settlement by Goldman Sachs for their fraudulent practices, Hillary Clinton was paid $675,000 to give three speeches for them and refuses to release the transcripts from those events. From Goldman Sachs alone she earned twice as much as Bernie's entire net worth.

Still, that's chump change for Clinton. In just 12 speeches delivered to big banks and Wall Street investment firms, Clinton made $2,935,000 from 2013-2015. That's more than the average American makes in their lifetime. An average college graduate is expected to earn $2.4 million in the United States. An average high school graduate just $770,000.

The very executives that have paid Clinton over and over and over again to come speak to them — guess what has happened to their income since 1999? It doubled while everyone else's tanked.

The Clintons have actually earned an astounding $153 million in speaking fees since leaving office. Do your own math on how much their income has increased since 1999. Asked about the millions Clinton has made from corporations, Sheila Krumholz, executive director of the Center for Responsive Politics, told Time Magazine.

 

“It's big money. They're spending it because they have far greater sums riding on those decisions that they're trying to shape. Corporations or associations must justifiably make these investments because everyone knew for many years that Clinton would always remain a power broker. Every man or woman on the street thought Hillary Clinton would run again."

Are we to ignore all of this? How? Why? Are we expected to somehow believe that these corporations and banks and insurance companies spent tens of millions of dollars because they love the quality of her oratory? Did Goldman Sachs literally have her speak again and again and yet again because she was hitting home runs each and every time or because they wanted to curry favor with who they believed would be the next president?

When Elizabeth Warren, speaking to Bill Moyers, told the painful tale of two Clintons — one, an unbought and unbossed First Lady and another, influenced by Wall Street lobbyists in the Senate — are we expected that she’s now back to her 1996 self?

KING: BILL CLINTON ALMOST SOUNDS LIKE TRUMP WITH BLM JAB

Because, if so, it was also in 1996 when a 49-year-old Hillary Clinton infamously spoke of young black children as super-predators while serving as the First Lady. And it was just last week when her husband defended the term, defended his crime bill and defended welfare reform.

Our Editorial Board said, “Clinton is unsparingly clear-eyed about what’s wrong with America while holding firm to what's right with America.”

I've come to the exact opposite conclusion about her judgment on what's right and what's wrong for America.

The Iraq War, which not only cost thousands of lives, but cost our nation over one trillion dollars. To give that some context, Sanders' plan to provide college for all costs $75 billion per year. For the cost of the disastrous and foolhardy Iraq War, which Sanders opposed and Hillary supported, every American could attend college for the next 13 years.

For the cost of the Iraq War, every American could have 12 weeks of paid Family and Medical Leave for the next 30 years.

That's amazing!

Bad judgment is expensive. Any day of the week I would trade K-16 education and paid Family and Medical Leave for the Iraq War, wouldn't you?

We have the will to make these judgment calls, but politicians say Sanders (and by default all of us who support him) has amazing ideas with absolutely no idea how he's going to make them work.

This isn't just disrespectful, it's ridiculous. Our Editorial Board states that when Sanders was interviewed by them and “subjected to meaningful scrutiny for the first time, the senator from Vermont proved utterly unprepared for the Oval Office.”

Where I'm from in Kentucky we call that “hogwash.”

Bill Clinton's Labor Secretary, Robert Reich, who has known Clinton since she was a college student, but chose to endorse Sanders, agrees. Speaking about his now infamous interview with our Editorial Board, Reich, a beloved economist,said:

“Bernie was absolutely correct when he said the President has the authority to break up the big banks under Dodd-Frank. He's repeatedly specified exactly how he'd use that Dodd-Frank authority to do so. His critics are confusing the Dodd-Frank Act with the Federal Reserve. Whether the Fed has the authority on its own to break up the biggest banks is irrelevant. Clearly, Sanders has the Democratic establishment worried enough to try to twist his words into pretzels.”

This, after all, was where both the Clinton campaign, and now the Daily News Editorial Board, most often claimed Sanders dropped the ball.

Except, he didn't.

 

The notion that a man who has actively and passionately served for over three decades in public office was somehow stumped by some softballs thrown by our Editorial Board defies all logic.

Sanders speaks in shorthand, particularly in many interviews, but he was actually thorough in his responses to most questions posed to him by the board.

KING: TRUMP CAMPAIGN IS HUMANITY'S LATEST SETBACK

When I first read the transcript, I actually loved what I saw. When I read it again, I still loved it. Same thing when I read it the third time.

Even still, if Sanders' interview with the Editorial Board was akin to his standardized test score for a college application, choosing to value a small section of his interview over his entire body of work, his life story, his recommendations, just doesn't make sense to me. If Tom Hanks flubs an interview about a movie role, in what world would that outshine his entire body of work? If Steph Curry was a free agent, and didn't perfectly nail an interview for a team, at what point is that team making a huge mistake to value the interview over what they've actually seen on the court throughout his career? We know Tom Hanks. We know Steph Curry. We know Sanders — he's as consistent as it gets.

Of course, when you ask a presidential candidate, in an interview scheduled to last just 45 minutes, to explain how banks that are declared "too big to fail" will be broken up, he's not going to actually give a multi-hour breakdown of the blueprints, but a sense of his guiding principles on the matter, before pivoting to the next question. Not only that, but Bernie showed maturity, not ignorance, when admitting who he would confer with and what he felt he needed to study more before offering concrete thoughts on some questions.

In the end, I agree with one key point from our Editorial Board. They say, in their conclusion, that "Clinton's proposals are shaped for the world in which we live, not the world in which we might wish to live."

I agree. Voters in the 15 states Sanders has won, including seven states in a row, also agree.

Sanders is not a status quo candidate. He’s not proposing to moderately shift our nation an inch to the left here, or an inch to the right there as Clinton is doing.

AJ

Bernie screams "income inequality".  What solutions does he have?  Reneging an existing trade agreements?  Then we will see a backlash with US exports being punished, and with US corporations offshoring MORE jobs, as they seek to protect those markets or supply lines.

Break up the banks.  Funny in a city where the financial sector is critically important, and where there is already stress as mid and low tiered jobs in that sector are being located in FL, TX and elsewhere. Does he wish London to replace NY as the global capital?  Watch the screams as a diminished tax base leads to a drastic drop in NYC and NYS expenditures on social services.

When asked how he would break up the banks, Bernie didn't know.  As president he ought to know, because he ought to anticipate the problems that this might entail.

Bernie is a grump old man who ought to remain a grumpy old senator.  A sure way for Trump to win is to have Bernie as the Democratic candidate.  Trump will have afun needling Bernie and watching him scream and rant like a Grumpy Grandpa.  While this might amuse the 20 somethings, they aren't the majority of the people who will vote.

FM

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