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Bernie Sanders Vows to Curb Wall Street by Purging Federal Reserve of Bankers
- blisterpeanuts 11y agoThe Federal Reserve is a bank; in fact it's the central bank of the United States. Removing banking professionals from its governing board sounds a bit foolhardy. Whom would he replace them with--political cronies? social justice activists? people with degrees in finance but no banking experience? Sanders is great at these populist sound bites, but I don't see a lot of substance behind what he is saying. Like sort of a left wing Trump.
- stephenr 11y agoAmaericas banks & banking system are a joke. You could put a trained chimp in the fed and get better results just from which paperwork the thrown faeces landed on. It's hardly surprising he wants to replace the people involved.
- muddi900 11y agoSo wouldn't it help to hire people with more expertise than chimps?
- stephenr 11y agoWhen the expertise in question is what's given you the current system, no.
- snickerdoodles 11y agoI don't think it's the expertise that is in question, it's the lack of ethics.