Besides suspending the campaign, which is the honorable thing to do. It's also what Hillary did on 08 to allow Barack to pivot to the general and start applying funds to that race.
Hillary suspended her campaign on June 7, 2008...long after she had been beaten. Bernie Sanders is under no obligation to suspend his on March 16, 2016.
Besides suspending the campaign, which is the honorable thing to do. It's also what Hillary did on 08 to allow Barack to pivot to the general and start applying funds to that race.
Yep. He's done. He had a hell of a run I give him credit for that.
Besides suspending the campaign, which is the honorable thing to do. It's also what Hillary did on 08 to allow Barack to pivot to the general and start applying funds to that race.
I would assume that it's only the honorable thing to do if he think it's impossible for him to win. Obviously he hasn't reached that point yet. I expect him to suspend the campaign the second he does think that, UNLESS he thinks doing so would hurt his chances as an Independent, i.e. slow some momentum as a third nominee. That he's not stopping yet may be a sign that that's his plan.
With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
Besides suspending the campaign, which is the honorable thing to do. It's also what Hillary did on 08 to allow Barack to pivot to the general and start applying funds to that race.
I would assume that it's only the honorable thing to do if he think it's impossible for him to win. Obviously he hasn't reached that point yet. I expect him to suspend the campaign the second he does think that, UNLESS he thinks doing so would hurt his chances as an Independent, i.e. slow some momentum as a third nominee. That he's not stopping yet may be a sign that that's his plan.
It's not rationally possible for him to win without super delegates. Considering the disparagement of that process, how can he honorably win that way?
I really don't think it's an issue. He disparages the system that he can't change unless he wins. His morals are not in danger of being compromised here.
With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
I really don't think it's an issue. He disparages the system that he can't change unless he wins. His morals are not in danger of being compromised here.
He can't change the DNC by being president. He could have changed it had he been a part of it before 2015 when it was his convenient vehicle for this run.
Meh. He is still vocal about it. What do you think he should do??? Say, oh well you've got all the super delegates, and i won't try and change their minds, you win? He's a good and honest man. He's not an idiot. He still wants to win in a fucked system.
Post edited by PJ_Soul on
With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
Meh. He is still vocal about it. What do you think he should do??? Say, oh well you've got all the super delegates, and i won't try and change their minds, you win? He's a good and honest man. He's not an idiot. He still wants to win in a fucked system.
It's not fucked. It's the system that is developed and voted on by the leaders and members of the DNC. It's not constitutionally mandated or controlled. They can do whatever the fuck they want so long as their members agree. If he doesn't like it, he can get the fuck out of the party he just joined. I don't mean to be a dick, but I'm about sick of Bernie supporters and their white middle class victimization. The economic system is rigged against them. WTF? It's not fucking rigged. It's rigged against minorities, not them. But where are the minorities? With Hillary.
I got an idea. Go to junior college for two years. Get a night job. Deliver some pizzas. Get an entry level job between undergrad and grad so you have an income source. Get a real fucking degree that people want, not one that you like.
Sorry PJ. You're a cool dude, but I'm agitated with Bernie supporters and their righteousness.
Let's not forget that Hilary is under danger of indictment, Bernie owes it to his (and Clinton's!!) democratic supporters to stay in the race (he is not that far behind at all, he is closer than Cruz is to Trump) as long as possible until it is clear that Hilary is not going to be charged with felonies.
Let's not forget that Hilary is under danger of indictment, Bernie owes it to his (and Clinton's!!) democratic supporters to stay in the race (he is not that far behind at all, he is closer than Cruz is to Trump) as long as possible until it is clear that Hilary is not going to be charged with felonies.
Let's not forget that Hilary would not be in danger unless what Trump says is true.
One bank executive assured his clients, “We continue to believe Clinton would be one of the better candidates for financial firms.” He was quoted in a CNN Money article, “Wall Street Isn’t Worried about Hillary Clinton’s Plan,” which stated,
Hillary Clinton unveiled her big plan to curb the worst of Wall Street’s excesses….The reaction from the banking community was a shrug, if not relief.
One bank executive assured his clients, “We continue to believe Clinton would be one of the better candidates for financial firms.” He was quoted in a CNN Money article, “Wall Street Isn’t Worried about Hillary Clinton’s Plan,” which stated,
Hillary Clinton unveiled her big plan to curb the worst of Wall Street’s excesses….The reaction from the banking community was a shrug, if not relief.
That makes me want to vote for her even more. I'm not sure how you think people buy houses, cars, TV's and Pearl Jam tickets. She would absolutely be a better candidate than Trump or Sanders for the financial community.
One bank executive assured his clients, “We continue to believe Clinton would be one of the better candidates for financial firms.” He was quoted in a CNN Money article, “Wall Street Isn’t Worried about Hillary Clinton’s Plan,” which stated,
Hillary Clinton unveiled her big plan to curb the worst of Wall Street’s excesses….The reaction from the banking community was a shrug, if not relief.
That makes me want to vote for her even more. I'm not sure how you think people buy houses, cars, TV's and Pearl Jam tickets. She would absolutely be a better candidate than Trump or Sanders for the financial community.
That's definitely true. My #1 concern obviously isn't for the financial community, of course, but you're right. And if anyone wants to focus on trying to reduce the wage gap by starting with Wall Street's excesses, then that's fine with me. Though I would want the person to take it a thousand steps further than that, but something is better than nothing.
Post edited by PJ_Soul on
With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
Anybody who knows me, who thinks that they can influence me, name anything they’ve influenced me on. Just name one thing. (See Sen Warren) I’m out here every day saying I’m going to shut them down, I’m going after them. I’m going to jail them if they should be jailed. I’m going to break them up.
Anybody who knows me, who thinks that they can influence me, name anything they’ve influenced me on. Just name one thing. (See Sen Warren) I’m out here every day saying I’m going to shut them down, I’m going after them. I’m going to jail them if they should be jailed. I’m going to break them up.
So the question is... what does 'break them up' mean? Does that mean she is going to re-institute Glass-Steagall? That would divest commercial from insurance from investment banking. If that's breaking them up, I'm okay with that. I've never been a proponent of that wall being torn down.
You seem like a knowledgeable business person, would you mind answering a question?
If banks did not loan teenagers tens of thousands of dollars for secondary education what do you think will happen? In general.
If this happened in the way you are interpreting it, college loans for teenagers would be the absolute last concern I would have. That's not even in the top 100. Either way, dissolution of banking ain't happening. Quick edit... the rallying cry... BREAK UP THE BREAKS is no different than BUILD A WALL in its lack of practicality or maybe more appropriately, misleading nature of that statement.
You seem like a knowledgeable business person, would you mind answering a question?
If banks did not loan teenagers tens of thousands of dollars for secondary education what do you think will happen? In general.
If this happened in the way you are interpreting it, college loans for teenagers would be the absolute last concern I would have. That's not even in the top 100. Either way, dissolution of banking ain't happening. Quick edit... the rallying cry... BREAK UP THE BREAKS is no different than BUILD A WALL in its lack of practicality or maybe more appropriately, misleading nature of that statement.
What way am I interpreting it? I just asked a question?
You seem like a knowledgeable business person, would you mind answering a question?
If banks did not loan teenagers tens of thousands of dollars for secondary education what do you think will happen? In general.
If this happened in the way you are interpreting it, college loans for teenagers would be the absolute last concern I would have. That's not even in the top 100. Either way, dissolution of banking ain't happening. Quick edit... the rallying cry... BREAK UP THE BREAKS is no different than BUILD A WALL in its lack of practicality or maybe more appropriately, misleading nature of that statement.
What way am I interpreting it? I just asked a question?
I didn't mean to jump on you.. but when you asked this question "If banks did not loan teenagers tens of thousands of dollars for secondary education what do you think will happen? In general.", it implies that you think that breaking up banks is a dissolution of them. Typically what that means (at least rationally) is splitting the brokerage houses from the consumer/commercial lending.
A brokerage house has the incentive to take some risks. You can't win in the market without risk, and there are different levels of risk. A commercial or consumer bank is trying to maximize interest revenue while minimizing bad loans. Culturally, they are different. What some banks have done (not all) was investing deposits. It's not illegal but can be risky. Deposits should typically be used to collateralize or underwrite loans. But some of the brokerage firms that went under were not affiliated with big banks, rather insurance.
Regarding your student loans, those are underwritten by the Fed mostly, and then some private companies like Navient, Discover and others. They would either be backed by deposits or securitized in the open market (not much of that today).
I guess the bottom line is: 1. Will it kill student loans? Absolutely not 2. Will it affect the federal loan program? Probably not 3. Will it affect your ability to get a private student loan, gap loan, etc.? It could. More reasonably, it might increase the cost of the private loans as the lender may have decreased access to funds. When you have fewer options, that means the banks who will lend to other banks will charge more. Supply and demand...
Comments
"...I changed by not changing at all..."
He's a good and honest man. He's not an idiot. He still wants to win in a fucked system.
I got an idea. Go to junior college for two years. Get a night job. Deliver some pizzas. Get an entry level job between undergrad and grad so you have an income source. Get a real fucking degree that people want, not one that you like.
Sorry PJ. You're a cool dude, but I'm agitated with Bernie supporters and their righteousness.
http://www.counterpunch.org/2016/03/16/the-clintons-93-million-romance-with-wall-street-a-catastrophe-for-working-families-african-americans-and-latinos/
https://wikileaks.org/clinton-emails/
LOL
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2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana
One bank executive assured his clients, “We continue to believe Clinton would be one of the better candidates for financial firms.” He was quoted in a CNN Money article, “Wall Street Isn’t Worried about Hillary Clinton’s Plan,” which stated,
Hillary Clinton unveiled her big plan to curb the worst of Wall Street’s excesses….The reaction from the banking community was a shrug, if not relief.
My #1 concern obviously isn't for the financial community, of course, but you're right. And if anyone wants to focus on trying to reduce the wage gap by starting with Wall Street's excesses, then that's fine with me. Though I would want the person to take it a thousand steps further than that, but something is better than nothing.
You seem like a knowledgeable business person, would you mind answering a question?
If banks did not loan teenagers tens of thousands of dollars for secondary education what do you think will happen? In general.
Quick edit... the rallying cry... BREAK UP THE BREAKS is no different than BUILD A WALL in its lack of practicality or maybe more appropriately, misleading nature of that statement.
A brokerage house has the incentive to take some risks. You can't win in the market without risk, and there are different levels of risk. A commercial or consumer bank is trying to maximize interest revenue while minimizing bad loans. Culturally, they are different. What some banks have done (not all) was investing deposits. It's not illegal but can be risky. Deposits should typically be used to collateralize or underwrite loans. But some of the brokerage firms that went under were not affiliated with big banks, rather insurance.
Regarding your student loans, those are underwritten by the Fed mostly, and then some private companies like Navient, Discover and others. They would either be backed by deposits or securitized in the open market (not much of that today).
1. Will it kill student loans? Absolutely not
2. Will it affect the federal loan program? Probably not
3. Will it affect your ability to get a private student loan, gap loan, etc.? It could. More reasonably, it might increase the cost of the private loans as the lender may have decreased access to funds. When you have fewer options, that means the banks who will lend to other banks will charge more. Supply and demand...