Tuesday, April 12, 2016

Sanders Has A Plan

I know this is kind of wonkish, but I was greatly cheered today to hear that William K. Black has signed on as an economic advisor to the Bernie Sanders campaign. Black was a central figure in prosecuting corruption in the savings and loan crisis in the late 1980s, including imprisoning the infamous Charles Keating and charging the “Keating five” that included John McCain (who got off thru the influence of his wealthy and politically powerful father-in-law).

He has been very outspoken about the failure to prosecute the financial crimes of the decade past, and of Congressional failure to reregulate the financial industry, but the media has rigorously ignored him. He is smart, highly articulate and indefatigably ethical.

Some have been critical of Sanders for not having a specific plan for “breaking up the big banks.”  Well, maybe or maybe not, but he certainly has an excellent one now.

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