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An alternative perspective on Bernie Sanders

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    "Under state gaming laws the speculative use of OTC derivatives, such as naked CDS (similar to naked shorts) and synthetic CDOs, was illegal in the US until state gaming laws were preempted by the federal government’s Commodity Futures Modernization Act of 2000 (CFMA)."

    Courtesy of Clintons

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    Chet Ruminski Wrote: Get rid of gambling in the stock market and restore it to the definition that the public is led to believe it is. An alternate source of funding for start ups, new and existing budinesses. There is not the slightest resemblance between derivatives and the stock market as it is professed to be. Non interested parties betting on the outcome of random businesses is not a stick market. In fact you can't even buy into the most significant trading in a stock market.

    People have been gambling in the stock market since the moneylenders in Europe began trading debts between each other in the early 1300's.

    A credit default swap serves an important function because in theory they are putting a company on notice that something doesn't look right. This was brilliantly explained in "The Big Short." The movie is good, but the book is great.

    "Non interested parties betting on the outcome of a random business" isn't what is happening; very interested parties are betting that a business or market has over leveraged themselves and they are warning that it's all going to come crashing down.

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    Chet Ruminski Wrote: "Under state gaming laws the speculative use of OTC derivatives, such as naked CDS (similar to naked shorts) and synthetic CDOs, was illegal in the US until state gaming laws were preempted by the federal government’s Commodity Futures Modernization Act of 2000 (CFMA)."

    Courtesy of Clintons

    No, this was courtesy of the 106th Congress that was dominated by Republicans.

    And I wasn't aware that Hillary Clinton was heavily involved in the negotiations over the CFMA. When are you going to stop blaming Hillary Clinton for things her husband did? My fiance and I have many different opinions, but according to you she must agree with everything I say or do because we are going to get married. Can't it be that Hillary Clinton has a mind for herself? Or will your brain not let you believe that?

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    Bernie just had a heart procedure for a blocked artery, and has cancelled campaign events until further notice. Since the next debate is scheduled for October 15, it is entirely possible that there will be 10, rather that 11, participants.

    https://www.chicagotribune.com/politics/elections/ct-bernie-sanders-heart-procedure-20191002-sc62cjc7hzelji36trz6kt3loi-story.html

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    Now being reported as a heart attack. Does that matter to his firmly loyal supporters ? Elizabeth Warren is looking better all of the time. Sad that 30% of uninformed voters would rather vote for Satan instead of a woman.

    I hope Bernie is well. Health in addition to age are not positive factors. Perhaps they might consider the othet really old white guy but subject to revision. You never know what those multinational investigations will find.

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    TJ Wrote:

    Now being reported as a heart attack. Does that matter to his firmly loyal supporters ? Elizabeth Warren is looking better all of the time. Sad that 30% of uninformed voters would rather vote for Satan instead of a woman.

    I hope Bernie is well. Health in addition to age are not positive factors. Perhaps they might consider the othet really old white guy but subject to revision. You never know what those multinational investigations will find.

    Anyway, running at his age is asking for it. Since this government has become un-governable (too many issues and an horrible leader) then the "workload" becomes "overload". So we need someone who still has lots of energy and can withstand the "attacks" and "undermining" of the Trump clan when in office etc.
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    It’s over. Bernie will stay active in the race holding out to give his support to a candidate and then to the nominee. Hard to figure out anything. Trump’s core support remains at or above 40% positive. Beto O’Rourke remains the biggest obstacle to victory with his appeal to taking the guns responsible for significantly less than 4% of gun deaths while omitting that 2/3 of gun deaths are suicides mostly by pistol. A far larger contributor to unnatural deaths is the healthcare system contributing to 50,000 deaths a year.
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    Hopefully the support he gives will be more genuine than what was given in '16. He is vitally important though not a frontrunner. His ideas need to be heard. Perhaps a cabinet position is where he could contribute.

    I read about the Warren tax ideas yesterday. Very interesting. Sadly too many Americans are mentally wedged in the 1950's so they won't vote for a woman (the south and the states like Montana, Idaho, Dakota's, etc.).

    If we don't win it just doesn't matter.

    I would love to be optimistic but I am not.

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    I’m not optimistic at all. Trump got a bump in his approval although very small from Democrats in April of 19 and 18. That is mind boggling to think there are things he can do to change Democratic minds. I believe his tax cut bought some Democrats. But with his 90 plus Republican approval and possible Democratic and independent votes he is a formidable foe. Democrats keep taking the bait and attacking him thinking they are building a winning drive. Not so. All he’ll do us dump more lies and the main candidates will jump on them thinking it’s a path to victory. 4 years of abominable lies and he is fairing well.
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    TJ and Chet; yes I follow both your thinking. Trump is already launching campaign adds As already mentioned he highlights the economy and job growth. How are you going to beat that? Also our candidates are not the fighters which we should have. So indeed people are in limbo about the outcome of these elections in 2020.
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    Trump blocks all the news. Makes the Democratic campaign look like they live in another world. Trump’s Syria withdrawal obliterates everything. Who’s Biden?
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    Yes, he still thinks he can do everything he wants, like any dictator. The bad thing is that plenty of people are aiding him to indeed become an real dictator. He also loves "dictators"like Putin, Kim, Erdogan etc. and wants to be like them. However the GOP have not gotten that message and stick with him whatever he "tweets" or screams. I guess they forget that if he is really installed as "dictator" that then also they will be shoved aside and become plain servants without any say.

    Sorry people the laws and "rules" here are outdated an no one cares that you can "walk" right over them if you are an "bully mob boss". Just go bravely to church and everything is "well".

    But yeah the Titanic is sinking before your eyes.

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    Jennifer Rubin, Washington Post, January 21, 2020: Bernie Sanders’s attack machine comes back to haunt him

    Jennifer Rubin covers Hillary's recent interview with the Hollywood Reporter and adds her perspective. The quotes come from a soon to be released documentary about Hillary. The Hollywood Reporters asks Hillary:

    "In the [documentary], you’re brutally honest on Sanders: “He was in Congress for years. He had one senator support him. Nobody likes him, nobody wants to work with him, he got nothing done. He was a career politician. It’s all just baloney and I feel so bad that people got sucked into it.” That assessment still hold?"

    Hillary responds: Yes it does.

    Hillary goes on to say "that it's not only him, it's the culture around him. It's his leadership team. It's his prominent supporters. It's his online Bernie Bros and their relentless attacks on lots of his competitors, particularly the women."

    Rubin adds her own perspective: "If Sanders is feeling the heat now, it's only because his critics and competitors are sick of giving him a free pass to present himself as honest pure idealist while playing Trumpian politics."

    As members here know, I have not been a big fan of Bernie. My original post on Bernie was in 2016 during the primary campaign. I started out being okay on Bernie, but my respect for him diminished as the campaign wore on. And now in 2020 I am seeing a repeat of his 2016 tactics. He is ruthless in pursuit of his socialist agenda. And Rubin is right when she says "his critics and competitors are sick of giving him a free pass." Bernie has lots of baggage. Let it all hang out.

    The link from my original post that prompted this thread:

    Robin Alperstein, Medium.com, April 17, 2016: On Becoming Anti-Bernie

    History repeats itself...

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    Jimmy Fallon said last night that if Hillary's comment is correct it could cause Sanders to lose the 2016 election. I thought that was funny.
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    Bill Scher, Politico, January 27, 2020: The Democrats Bernie Bind

    Bill Scher's article in Politco hits a point that I've made before. Democrats are wary about alienating Bernie's fickle base. As Scher points out, when you are attacking Sanders you are attacking Democratic Socialism itself, and some 14 percent of Bernie's supporters are "hard core" and unlikely to support a mainstream Democrat. That hard core tipped the balance to Trump in 2016 by voting for him instead of Hillary.

    In a sense, Bernie is an "untouchable" in so far as criticism of any of his policies are not okay...nor discussion of his past baggage. While Warren and others are frequently criticized, Bernie gets a pass. Not only that his supporters are free to undermine the other front runners -- Biden and Warren mostly -- but while Bernie sits on his high moral horse. Only Hillary feels unrestricted to reveal what Bernie is without clothes. She knows because she was a victim of his shrewd political maneuvering in 2016.

    The Bernie supporters are highly passionate, but the hard core among them have lost touch with reality. As Scher says, Bernie's "entire platform is an exercise in magical thinking". When Norah O'Donnell on CBS asked him about the $60 trillion price tag over 10 years of his socialist agenda, he replied, "you don't know...no body knows...this is impossible to predict". Yet Elizabeth Warren is frequently asked to explain the cost of every one of her proposed programs while Bernie can just be dismissive. How dare you ask? Who does that remind me of? Hmmm.

    I agree with Hillary. Go girl!