On Becoming Anti-Bernie
Robin Alperstein
3.4K1,085

Didn’t get through the whole thing because it’s ridiculously long, but I think she needs to do more research. She says only one Economist supports his plan, yet many have come to his defense. Economists in general are very political, so the vast majority will support establishment candidates like Hillary and Jeb Bush. Sheldon Adelson (hardly a liberal) also said Bernie would be the best candidate based on his economic policies. The problem we have now is that too much money is in the hands of the rich, who don’t spend enough of it, and too little goes to the middle class that actually do. His policies are the only ones that address this (Velocity of money).

It seems your basic rub against Bernie is that his policies are idealistic and unrealistic. That is probably true, but I will take that over someone who gives speeches to Goldman Sachs for $200k, and won’t say what they talked about. I imagine it wasn’t about regulating them more.

In regard to the crime bill you can look at what he actually said at the time regarding it. He was very reluctant to sign it, but eventually did because he thought the good outweighed the bad. I believe he was wrong, but nobody is perfect.

On bank regulation he doesn’t have an exact plan, but there are a number of ways it could be done. I’d rather him be honest than announce a plan now, that isn’t realistic once he’s in office, and have to back step. Dodd Frank only addresses breaking up the banks after the damage is already done. That is not gonna cut it.

You also deride Bernie for not backing Hillary’s 93 healthcare bill. In fact, Sanders was an original cosponsor of the American Health Security Act of 1993, along with 52 other representatives, legislation that sought to institute a state-based universal program. The bill ultimately had 90 cosponsors. Hillary’s bill was a watered down version of it, thus he did not support it. Same with Obamacare.

You cite him not supporting TARP as a bad thing, when in reality all it did was prop up an already broken system. We are now all but guaranteed of having another financial meltdown which we are not prepared for. Better off to let them fail, then to prop them up. According to SIGTARP’s report, the bailouts still cost us about $60 billion, even though we were “paid back”. Not including the 13 trillion available to lend from the federal reserve, 2/3 of which went to the 3 biggest banks. That allowed them to borrow at rock bottom interest rates, while paying nothing in interest. All while still gambling on derivatives with leverage. What a great deal for taxpayers!

You seem to have done a lot of research, but only cherrypicked facts to support reasons for you not to like Bernie. That is just intellectually dishonest. I think some of your criticisms of Bernie are fair, but it seems you’re attacking him for being overly optimistic, rather than Hillary who is aiming low, and no doubt will shoot for even less.

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