he office of U.S. Sen. Bernie Sanders, I-Vt., issued the following statement Thursday following the pope’s comments about the power of money in the world:
Sen. Bernie Sanders (I-Vt.) today applauded Pope Francis for condemning a “cult of money” in the world that he said was oppressing the poor.
In a major speech at the Vatican on Thursday, Francis said the globalfinancial system has worsened poverty while benefiting the wealthy few. “While the [...]
Bernie Sanders Exposes the 26 Billionaires who are Buying the 2012 Election
In his new report, America For Sale: A Report on Billionaires Buying the 2012 Election, Sen. Bernie Sanders named names and called out the billionaires who using Citizens United to buy our democracy.
Sen. Bernie Sanders is force for Wall Street to reckon with: bankers do not own him. Wednesday Chief executive and chairman of JPMorgan Chase Jamie Dimon sat before the Senate Banking Committee and without taking a breath, Sen. Jim De Mint stated, “We can hardly sit in judgment of your losing two billion.” Dimon’s firm lost billions making risky bets with depositor funds on the line and was given a full pardon by De [...]
WASHINGTON — As demands for fiscal austerity dominated debate in Washington, Vermont’s three congressional lawmakers gave their staffers a combined $236,830 in bonuses last year.
Many other congressional lawmakers also rewarded staffers with year-end bonuses, and the Vermont lawmakers found other ways to save. Each will return a significant amount of unspent office money — about 10 percent of their budgets — to the federal government.
The Vermont lawmakers saw the bonuses [...]
By MANU RAJU & MARIN COGAN | 11/13/11 6:10 PM EST
Sen. Joe Lieberman was treated like an outcast back in 2008 when he broke from the Senate Democratic Caucus and openly opposed Barack Obama’s bid for the White House.
Asked last week if he’d back Obama in 2012, the Connecticut independent said, “I don’t know what I’m going to do.”
This time around, there may be more Liebermans.
A number of moderate Democrats like [...]
Fraudulent Defense Contractors Paid $1 Trillion
By Bernie Sanders
WASHINGTON, Oct. 20 -
Hundreds of defense contractors that defrauded the U.S. military received more than $1.1 trillion in Pentagon contracts during the past decade, according to a Department of Defense report prepared for Sen. Bernie Sanders.
Sanders (I-Vt.) called the report “shocking.” He said aggressive steps must be taken to ensure taxpayer dollars aren’t wasted.
“The ugly truth is that virtually all of the [...]
October 25, 2011
WASHINGTON, Oct. 19 – A new audit of the Federal Reserve released today detailed widespread conflicts of interest involving directors of its regional banks.
“The most powerful entity in the United States is riddled with conflicts of interest,” Sen. Bernie Sanders (I-Vt.) said after reviewing the Government Accountability Office report. The study required by a Sanders Amendment to last year’s Wall Street reform law examined Fed practices never before subjected [...]
Rogue Government Traders by Mike Krieger
Bloomberg article from yesterday
As a result of an amendment by Sen. Bernie Sanders to the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Government Accountability Office completed its second audit of the Federal Reserve. This report focuses on the enormous conflicts of interest that existed at the Federal Reserve during the financial crisis.
Here is what the GAO found:
- The affiliations of the Federal [...]
by Washington Blog
Cartoon lambasting the Federal Reserve from 1916 – a year before the Fed was created.
The Federal Reserve Is Riddled with Corruption and Conflict of Interest, Much More Than Even Other Central Banks
The non-partisan Government Accountability Office released a report today showing widespread corruption and conflicts of interest in the Federal Reserve.
Senator Sanders – who was instrumental in forcing the Fed to release some details of its lending operations [...]
Rachel Lewis, Citizen Vox | Op-Ed
Vampires. Thieves of the night. As sunlight is said to be deadly to them, these mythical creatures venture out to drain the blood from their innocent victims only when it is dark outside. Judging by the reactions of Wall Street to Public Citizen’s attempt to shine a light on their industry, it seems sunlight kills more than vampires though. Lady [...]
Related Videos | expand
At today’s White House press briefing WorldNetDaily White House correspondent Lester Kinsolving asked Jay Carney if President Obama is “certain” that Hillary Clinton won’t primary him. This comes after Sen. Bernie Sanders (I-VT) said Obama has moved to the right because he has no primary opponent.
Carney said the White House is pretty certain Clinton won’t challenge Obama, however he tells Kinsolving “you’ll [...]
Senate Majority Leader Harry Reid (D-Nev.) has signed off on a bipartisan deal between President Obama and GOP leaders to raise the debt limit.
After meeting with House Democratic Leader Nancy Pelosi (Calif.) for over an hour and a half on Sunday, Reid and other Senate Democratic leaders must now sell the deal to their caucus.
“Senator Reid has signed off on the debt-ceiling agreement pending caucus approval,” [...]
With all of the spotlights on the high-stakes debt maneuverings by President Obama and Speaker John Boehner the last few days, few people noticed what Vermont’s Sen. Bernie Sanders said:
“I think it would be a good idea if President Obama faced some primary opposition.”
This is political treason 469 days before a presidential election. Yes, yes, this is just a crusty old New England independent for now, [...]
The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to the Wall Street reform law passed one year ago this week directed the Government Accountability Office to [...]
JP Morgan Chase &Co has a pretty slick mouth piece telling anybody that will listen a lot of things that basically is a ploy to keep his traitorous ass out of prison. The former class A director of the New York Federal Reserve is a circus barker for the corrupt that helped bring American down. His predecessor Henry Paulson is a close second. What this clown wants to do should make the hairs [...]
73 discount window loans to Libya totaling $35 Billion at .25%…
Read the Letter
WASHINGTON, March 31 – Sen. Bernie Sanders (I-Vt.) today questioned why the Federal Reserve provided more than $26 billion in credit to an Arab intermediary for the Central Bank of Libya.
The total includes at least $3.2 billion in loans that the Fed was forced to make public today in addition to earlier revelations under a [...]
By Erik Wasson, The Hill
Senate Budget Committee ranking member Jeff Sessions (R-Ala.) took Transportation Secretary Ray LaHood to task Thursday for the Obama administrationâ€™s call for a massive increase in transportation spending.
Given the record deficit this year, Sessions said he was surprised to see Obamaâ€™s 2012 budget call for an 11 percent spending increase and a 9.5 percent increase for the Education and Energy departments, [...]
Tens of millions flock to the Smithsonian museums in Washington each year to see Americana — everything from Abraham Lincoln’s top hat to Archie Bunker’s chair.
But one thing you’ll have a hard time finding is something American in the gift shop.
Take the miniature sculptures of presidents sold at the National Museum of American History, located right on the Mall in the nation’s capital.
From the busts of George Washington [...]
by Sen. Bernie Sanders
At a Senate Budget Committee hearing in 2009, I asked Fed Chairman Ben Bernanke to tell the American people the names of the financial institutions that received an unprecedented backdoor bailout from the Federal Reserve, how much they received, and the exact terms of this assistance. He refused. A year and a half later, as a result of an amendment that I [...]
by Levi Honet
Jesus. Considering that most people can’t even balance their checkbooks – How are they going to have a frame of reference for what has happened here? People have no concept of what 1,000,000 is – let alone 9,000,000,000,000.
Top recipients of overnight loans made by the Federal Reserve under special program that ran from March 2008 through May 2009.
The Federal Reserve made $9 trillion in overnight loans [...]