Mind and Destiny

“I make no pretension to patriotism. So long as my voice can be heard ... I will hold up America to the lightning scorn of moral indignation. In doing this, I shall feel myself discharging the duty of a true patriot; for he is a lover of his country who rebukes and does not excuse its sins. It is righteousness that exalteth a nation while sin is a reproach to any people.”- Frederick Douglass

Location: Delhi, N.Y., United States

The author and his webmaster, summer of 1965.

Thursday, February 11, 2016

Contrasting Differences

Senator Sanders and Hillary Clinton want to talk about issues.  At the MSNBC debate on 2/4/16, Sanders talked about reasons in the 1990s Wall Street got deregulated.  He insisted that it had to do with the fact that Wall Street spent billions of dollars on lobbying and campaign contributions.  
Sanders also noted that our sick people pay much higher prices, than other countries for prescription drugs, and that the cost of our medicine can be doubled overnight, and there's nothing that our government can do to stop it.  He believes it has a lot to do with the huge amounts of campaign contributions being made by the pharmaceutical industry. 
Sanders claims that the reason not a single congressional Republican recognizes that climate change is real, is that the Koch brothers and ExxonMobil are pouring huge amounts of money into our political system.  He believes the reason they’re putting huge amounts of money into our political system is undermining our democracy. 
Hillary Clinton points out that no one in political life today has been subjected to more attacks or had more money spent against them by special interests.
Hillary is proud that, when she took on the drug companies and the insurance companies for universal health care coverage aka Hillarycare in the 1990’s, they went after her with a vengeance.
Even today, she has hedge fund billionaires aligned with Karl Rove, running ads against her to try to get Democrats to vote for her Democratic rival, Senator Bernie Sanders.  Hillary is aware of the game, that is being played against her, and recognizes that Bernie isn’t behind those ads.
Nevertheless, she took the opportunity to remind Sanders about his House votes in 2000, that resulted in the deregulate of swaps and derivatives, which contributed to the over-leveraging, and eventual collapse of Lehman Brothers, which was one of the reasons our economy crashed in 2007.
Hillary Clinton insists that she isn’t impugning Bernie’s motive for his voted to deregulate swaps and derivatives.  She understands that people make mistakes and isn’t suggesting that there was any kind of financial advantage for Bernie’s vote.  Hillary wants Democrats to be united, and to actually solve those problems.  She believe that she has a better track record and a better opportunity to actually get the job done.
Tomorrow, I’ll post additional relevant factual information that led to the Great Recession of 2007.


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