Wednesday, March 30, 2016

Bernie Sanders vs. Alan Greenspan



(Watch the longer video here: Bernie Sanders Confronts Alan Greenspan)

Whether or not I will vote for the Democratic Socialist, his tone is certainly remarkable.

Bernie Sanders vs. Alan Greenspan

Rep. Bernie Sanders, during a House Committee on Financial Services hearing, blasts Fed Chair Alan Greenspan. Rep. Sanders bluntly questions Greenspan on the effects of his economic policies on working and middle class Americans and the problem of increasing unemployment and inequality. From the Fed Reserve's Monetary Policy Report on Jul 15, 2003.

From Wikipedia: Sanders was a critic of Alan Greenspan; in June 2003, during a question-and-answer discussion with the then-Federal Reserve Chairman, Sanders told Greenspan that he was concerned that Greenspan was "way out of touch" and "that you see your major function in your position as the need to represent the wealthy and large corporations." Sanders said in 1998 that investment banks and commercial banks should remain as separate entities.