Sen. Bernie Sanders helped lead the opposition against the Wall Street bailout passed by Congress. His speech on the floor of the Senate brought forth thousands of emails and phone calls. To read the speech, click here. To watch click here.
More than 50,000 Americans co-signed a letter from Bernie to Secretary of the Treasury Henry Paulson demanding that the wealthy, not the middle class, pay for the bailout. To read the letter, click here.
- - - - - - - - - - - - - - - - - - - - What Now?
Congress must re-regulate financial services and address the major economic crises we still face: growing unemployment, low wages, and the need to create millions of decent-paying jobs rebuilding our infrastructure.
Paulson's Conflict
The bailout puts $700 billion under the control of the Treasury secretary, a former CEO of Goldman Sachs, one of the Wall Street firms that created the crisis. Is that a conflict of interest? Click here to take our poll and see the results.
Thousands of e-mails and letters opposed the bailout. Bernie talked about the public reaction on the Senate floor. To read some of the e-mails, click here.
- - - - - - - - - - - - - - - - - - - - Flashback
Ten years ago, Congress dropped regulations that kept commercial banks from owning investment banks. At the time, Sanders predicted the reform "will do more harm than good" and lead to fewer financial service providers, increased fees, diminished consumer credit and increased taxpayer exposure. To read more in the Brattleboro Reformer, click here.
Financial Crisis Updates
In the latest rapid-fire developments, the Dow skidded more than 500 points Tuesday, another chop in interest rates was signaled by the Fed, Chairman Bernanke detailed a radical plan to stimulate credit markets, and a congressional panel exposed lavish spending at a spa days after the insurance giant AIG was thrown an $85 billion federal loan. To check for regular updates on our special Financial Crisis Web page, click here.
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Issue October 07, 2008 - 
Sen. Bernie Sanders helped lead the opposition against the Wall Street bailout passed by Congress. His speech on the floor of the Senate brought forth thousands of emails and phone calls. To read the speech, click 
More than 50,000 Americans co-signed a letter from Bernie to Secretary of the Treasury Henry Paulson demanding that the wealthy, not the middle class, pay for the bailout. To read the letter, click 
Congress must re-regulate financial services and address the major economic crises we still face: growing unemployment, low wages, and the need to create millions of decent-paying jobs rebuilding our infrastructure.
The bailout puts $700 billion under the control of the Treasury secretary, a former CEO of Goldman Sachs, one of the Wall Street firms that created the crisis. Is that a conflict of interest? Click 
Thousands of e-mails and letters opposed the bailout. Bernie talked about the public reaction on the Senate floor. To read some of the e-mails, click 
Ten years ago, Congress dropped regulations that kept commercial banks from owning investment banks. At the time, Sanders predicted the reform "will do more harm than good" and lead to fewer financial service providers, increased fees, diminished consumer credit and increased taxpayer exposure. To read more in the Brattleboro Reformer, click 
In the latest rapid-fire developments, the Dow skidded more than 500 points Tuesday, another chop in interest rates was signaled by the Fed, Chairman Bernanke detailed a radical plan to stimulate credit markets, and a congressional panel exposed lavish spending at a spa days after the insurance giant AIG was thrown an $85 billion federal loan. To check for regular updates on our special Financial Crisis Web page, click 
