Friday, December 10, 2010

Tax Cuts For Wealthiest Americans, Unemployment Deal A Bust

At the prime news hour today, Sen. Bernie Sanders, I-VT, continued a filibuster he began at 10:25 a.m. ET.

One of the hard line liberals in the Senate who refuses to budge, Sen Sanders is staunchly against extending the Bush-era tax cuts if they include a break for the wealthiest Americans.

The week saw a "deal" President Barack Obama brokered with Republican Congressmen to extend income tax cuts for the wealthiest Americans who make $250,000 per year or more and a one-year extension of unemployment benefits pee backwards all over the President's wing tips. He had predicted to reporters he would have the Democrats' feet in concrete within 24 to 48 hours.

Senator Sanders is a Brooklyn-born son of Polish Jewish parents, a protege of Senator Charles Schumer, D-NY, who has opposed the invasion of Iraq, the Wall Street bank bail-outs and has demanded an audit of the Federal Reserve system. He was one of only a few Senators who voted against the confirmation of Treasury Secretary Geithner.

This is a sample of his treatment of bankers. The series of questions received no real answers from Federal Reserve Board of Governors Chairman Ben Bernanke when the Senator asked him to tell him to which banks he loaned $2 trillion.

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