Get Bernie Sanders' Back

by: AdamGreen

Thu Dec 03, 2009 at 01:23


Bernie SandersAs Chris wrote, tonight Sen. Bernie Sanders (I-VT) shocked Wall Street and the DC establishment by announcing a "hold" on the nomination of Bush's Federal Reserve Chair Ben Bernanke for another 4-year term at the helm of our economy. 

This is huge. Wall Street will not be happy, and they'll go after Sanders with everything they've got. Most senators wouldn't even consider going up against them like this.

That's why tonight thousands of progressives are letting Bernie know we have his back. Can you click here and thank him for being a bold progressive?

(At this link, you can also see great video of Sanders grilling Bernanke. It's a classic.) More below...

AdamGreen :: Get Bernie Sanders' Back

The Progressive Change Campaign Committee and partners will deliver all signatures and notes to Sanders' DC office -- and by standing up for him, we can show other senators we'll get their back if they buck Wall Street

Sanders explained his decision this way:

“The American people overwhelmingly voted last year for a change in our national priorities to put the interests of ordinary people ahead of the greed of Wall Street and the wealthy few. What the American people did not bargain for was another four years for one of the key architects of the Bush economy.”

“People want a new direction and people are asking, where was the Fed? How did the Fed allow this to happen, when one of their mandates is to oversee the safety and soundness of the banking system?”

“It’s time for a change at the Fed.”

Another progressive senator, Sheldon Whitehouse (D-RI), said Monday that Bernanke needs to "start giving a red hot damn about the American public."

And Bernanke has refused Bernie Sanders' and Rep. Alan Grayson's (D-FL) demand that the Federal Reserve tell Congress which banks received trillions in taxpayer bailouts.

Click here to thank Sanders for standing up to Wall Street and for being a bold progressive.

We won't let Bernie Sanders get thrown under the bus. Together, we can let him know we have his back.

Thanks all...


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Makes me so Happy!! (4.00 / 5)
That I voted for this man.

Agitate.Liberate.Create.

Makes me jealous that Vermont has two.... (4.00 / 2)
I did donate, and I'm all for Sanders in 2012.   I am so done with the two parties we have.  

[ Parent ]
I was finally done with them in 2008... (4.00 / 1)
...and I feel better and better about my decision every day.

Regards,

Never before in all our history have these forces been so united against one candidate as they stand today. They are unanimous in their hate for me-and I welcome their hatred. - FDR


[ Parent ]
Hooray for Bernie. (4.00 / 1)
Sheldon needs to get with the program on the public option versus triggers. He thinks it's "semantics." It's not. Triggers, as one Wall Street analyst wrote today, "effectively render the public option meaningless."

Bernanke? What's the big problem with HIM? (0.00 / 0)
I know this will be controversial, but, as I see it, Bernanke isn't doing a bad job. Much better than Greenspan, that's for sure! Actually, there isn't much he can do now, other than keeping the rates low in order not to strangle the already choking economy. And he's someone who has good insights into the great depression, which is helpful now. I don't see how a more progressive person leading the Fed would act much differently.

No, the real problems are Summers and Geithner, and it would be great if those could be replaced, preferrably with candidates not from the Wall Street ole boys network. It's them who shape the administration's approach at the recession, with it's misguided focus on the financial sector instead of job creation and help for the jobless. What does it help to spend time and effort now on replacing the wrong guy, making someone a scapegoat who is playing only a very secondary role in the economic policy decisions by the government?


You're kidding, right? (4.00 / 1)
"Wall Street will not be happy, and they'll go after Sanders with everything they've got." "We won't let Bernie Sanders get thrown under the bus. Together, we can let him know we have his back."

What is this, boilerplate into which you've just pasted Bernie Sanders's name?

I despair for any progressive movement that can write such blind drivel.

How exactly is "Wall Street" going to "go after" Bernie Sanders?  Who exactly is going to throw Bernie under what bus?

If you're going to try to organize progressive action, you need to know just a little bit about the politicians you're supporting, the states/districts they represent and their constituencies.  Anybody who imagines for two seconds that "Wall Street" has any influence at all over the voters of Vermont needs to go back and start over in activist grade school.  Yeah, I can just see the farmers in my town getting all indignant because Bernie stood up to Wall Street and throwing the bum out in the next election.

I love Bernie, but he's not courageous, he's just ornery.  He's immune to political pressure, including from people in other states who say they've "got his back."  He does only what he thinks is right, and he may very well be the only pol in Washington who does.  Vermonters love him for that, even if they don't agree with every individual position he takes.

Not to mention it costs about 25 bucks to run for election in this tiny state with no major media and a population that has a kneejerk reaction against outside interests and money
trying to influence what they think.

Less fantasy, more reality, please.


Yeah (0.00 / 0)
I'm all for anything that gets Bernie more support, but as a VT'er, I can say, it doesn't matter a fig up here if "Wall St. goes after him". This move is just going to help him, not hurt. Bernie's got the job as long as he wants it.

You can read more of JD Ryan at five before chaos, but why would you want to?

[ Parent ]
what's behind the hold (0.00 / 0)
Here's an opinion I just posted on Matthew Yglesias's blog at ThinkProgress:

Yglesias:

I expect what progressives excited about this are going to learn is that the Senate's inane rules also have a structural bias and a hold on an establishment priority, like Bernanke's confirmation, won't be substantially held up by this move.

me:

I agree.

But what exactly constitutes this "structural bias"? And what exactly constitutes "the establishment"?

Again, here is what I construe to be the best take on that-a review of the film, The American Ruling Class from Bulldog Films:

The American Ruling Class is one of the most unusual films to be made in America in recent years-both in terms of form and content. The form is a "dramatic-documentary-musical" and the content is our country's most taboo topic: class, power and privilege in our nominally democratic republic.

At bottom the film is a morality tale, the story of two Yale students (played by Harvard men) who seek their opportunities upon graduation. As the renowned essayist, author and longtime Harper's magazine editor Lewis Lapham conducts them through the corridors of power: Pentagon press briefings, the World Economic Forum, philanthropic foundations, Washington law firms, corporations, banks, the Council on Foreign Relations, and New York society dinners-our two representative graduates "one rich and the other not so rich" must struggle with their responsibilities in "a world collaterally damaged by the magic of money and the miracles of science." The real-life luminaries they meet on their journey become characters in a story about power, its responsibilities and abuses.

As we watch these two young men wend their way through what is only a slight fictionalization of their actual lives and choices, as we meet former Secretaries of State and Defense, directors of the Trilateral Commission and the Council on Foreign Relations, the publisher of The New York Times, Kurt Vonnegut, Howard Zinn, Barbara Ehrenreich, Robert Altman and a host of others, we have to ask along with Mr. Lapham: "To what end the genius of the Wall Street banks and the force of the Pentagon's colossal weapons? Where does America discover the wisdom to play with its wonderful toys?" The possible answers move beyond the empty distinction of party affiliation and into the heart of American Oligarchy itself.

george:

Tell me Ben Bernanke and his ilk are not smack dab in the middle of that.

Indeed, will the mainstream media ever go down that path? Will it ever explore in depth the relationships between top government, corporate, media folks etc. and organizations like Bilderberg, the CFR, and TC? Will it exmine the systemic relationships between Wall Street and Washington, between the mainstream news media and its advertisers...in the context of "political economy"?

If, perhaps, for no other reason then to demonstrate to folks like me there is really nothing to these accusations at all?

Yglesias:

Lately there have been a lot of expressions of concern, from Bernanke and others, that the Fed's independence may be compromised. The reality, however, is that the case for central bank independence rests on the body of empirical evidence indicating that central bank independence produces better results.

Me:

Independence?!! What in the world can that possibly mean since the repeal of Glass-Steagall? The illusion that the debate over the Fed mostly involves "principle" and "integrity" and "democracy"and "rectitude" and "the rule of law" is ever kept going in the mainstream media.

Why is that? Where do they fit into all this pecuniary chincanary
 


This is an issue where Progressives can reach out to Libertarians and say (0.00 / 0)
"Help Bernie".

In other words, it is what Progressives should be doing anyway.


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