On Countdown With Keith Olbermann, Sen. Bernie Sanders became the first US Senator to voice his support for Occupy Wall Street.
Here is the video:
Sen. Sanders said about Occupy Wall Street, “What I appreciate about what’s going on in New York right now is that there is a spotlight being focused on Wall Street. We desperately need that. If we are going to get out of this recession, if we’re going to create the millions of jobs we desperately need, we need real Wall Street reform. A lot of people don’t know this, you have six financial institutions the largest six banks in the country who control sixty percent of the assets in the United States of America. After we bailed them out because they were too big to fail, three of the four largest financial institutions actually became bigger.”
He continued, “If we are going to create a situation where capital is going to flow into the productive economy, into manufacturing, into rebuilding our infrastructure, into transforming our energy system, rather than continuing the casino type games that Wall St. is playing right now, we need a lot of pressure on Wall Street, no question about that.”
Sen. Sanders said focusing attention on Wall Street is exactly the right thing to do. Later America’s favorite Socialist had a message for the Occupy Wall Street protesters, “My message is reach out to working people. Reach out to the unions, reach out to the middle class bring people together demanding real Wall Street reform, so that the function of Wall Street is to provide capital to the productive economy , create jobs that we desperately need rather than continue to engage in speculation and casino type activities, i.e. real real Wall Street reform.”
Sanders said that he would try to attend the protest on October 6 in Washington, D.C. Host Keith Olbermann said that Bernie Sanders is one of the few public officials who will speak about this, and to the best of my knowledge, he is the first U.S. Senator to publicly come out in support of the Occupy Wall Street protests.
It is no surprise that Sen. Sanders is the only member of the Senate so far to support the protests. From January 2009-March 2010, big banks and Wall Street spent $500 million on lobbying and campaign contributions to derail real financial reform and consumer protections. The Senate is infested with Wall Street cash. This is why real financial reform and Elizabeth Warren’s Consumer Financial Protection Agency had no chance.
The fact that Washington D.C. is polluted with Wall Street dollars is exactly why these protests are so important. A popular rebellion is the only way that the American people are ever going to take their democracy back from the moneyed interests. People must demand that their dollars be spent where they are needed instead of circulating through the Wall Street/Washington Money Laundering Machine. Unless we the people demand more, we are certain to get less.
Sen. Sanders should not only be a guest at the Washington rally. He should be a featured speaker. The Occupy Wall Street protests have a chance to spread freedom’s message beyond Madison and into every part of this country. It is time for the left to come together behind this common cause. Join Bernie Sanders and Occupy Wall Street in liberating our country from the grasp of corruption and greed.