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Does this mean Hillary has a giant sword tattoo on her chest?
Say what? She wants to do this:
Hillary’s plan will tackle dangerous risks in the financial system:
Hillary would also hold both corporations and individuals on Wall Street accountable by:
- Impose a risk fee on the largest financial institutions. Banks and financial companies would be required to pay a fee based on their size and their risk of contributing to another financial crisis.
- Close the Volcker Rule’s hedge fund loophole. The Volcker Rule prohibits banks from making risky trading bets with taxpayer-backed money—one of the core protections of the post-financial crisis Wall Street reforms. However, under current law these banks can still invest billions through hedge funds, which are exempt from this rule. Hillary would close that loophole and strengthen the law.
- Discourage excessive risk-taking by making senior bankers accountable. Senior managers should lose some or all of their bonus compensation when a large bank suffers losses that threaten its overall financial health.
- Make sure no firm is ever too big and too risky to be managed effectively.Hillary’s plan would give regulators more authority to force overly complex or risky firms to reorganize, downsize, or break apart.
- Tackle financial dangers of the “shadow banking” system. Hillary’s plan will enhance transparency and reduce volatility in the “shadow banking system,” which includes certain activities of hedge funds, investment banks, and other non-bank financial companies.
- Impose a tax on high-frequency trading. The growth of high-frequency trading has unnecessarily placed stress on our markets, created instability, and enabled unfair and abusive trading strategies. Hillary would impose a tax on harmful high-frequency trading and reform rules to make our stock markets fairer, more open, and transparent.
Doesn't sound like something Goldman would support.
- Prosecuting individuals when they break the law. Hillary would extend the statute of limitations for prosecuting major financial frauds, enhance whistleblower rewards, and provide the Department of Justice and the Securities and Exchange Commission more resources to prosecute wrongdoing.
- Holding executives accountable when they are responsible for their subordinates’ misconduct. Hillary believes that when corporations pay large fines to the government for violating the law, those fines should cut into the bonuses of the executives who were responsible for or should have caught the problem. And when egregious misconduct happens on an executive’s watch, that executive should lose his or her job.
- Holding corporations accountable when they break the law. As she enhances individual accountability, Hillary will make sure that corporations don’t treat penalties for breaking the law as merely a cost of doing business, so that we can put an end to the patterns of corporate wrongdoing that we see too often today.
I stopped listening to words politicians say, long ago, including bernie.
Actions not words for me.
I suspect that some of the things that make Bernie appealing to you are based on what he will do and not what he has done. Like a single payer system for example (he supported the ACA).
I would describe it as blowing up what we have in place now. A single payer is a massive change!Fair enough, but I would describe it as icing on the cake, not the cake itself.
I would describe it as blowing up what we have in place now. A single payer is a massive change!
A single payer is fundamentally (and pretty drastically) different from the ACA.He would not be repealing aca while fighting for single payer. This is another lie from the Clinton campaign.
A single payer is fundamentally (and pretty drastically) different from the ACA.
What is your point? You quoted me, remember? I didn't suggest he would repeal the ACA while pushing for a single payer, I just clarified the point that it's a major and fundamental change.What's your point? I never said they weren't I said Sanders would not be repealing the ACA while fighting for single payer legislation. That's a myth and a lie.
Also God forbid all Americans have a right to healthcare![]()
What is your point? You quoted me, remember? I didn't suggest he would repeal the ACA while pushing for a single payer, I just clarified the point that it's a major and fundamental change.
And of course I support access to healthcare for all Americans. I think we can improve the ACA and make sure that is achieved without completely blowing up the healthcare system we have.
It's not necessarily a change for the better. For one a single payer would put 500k insurance workers on the unemployment line. And it sounds to me like he is really overestimating the cost savings (of course I would be on board to save 50% in premiums but I don't think it's realistic).It doesn't mean it would be a change for the worst. And blowing up the healthcare system we have seems to imply Sanders wants to end ACA completely so im clarifying. Alot of Clinton supporters believe that. Also, how exactly is she going to improve the ACA? Hillary keeps saying that but has yet to say how she would go about doing it or what she would make better.
He would not be repealing aca while fighting for single payer. This is another lie from the Clinton campaign.
It's not necessarily a change for the better. For one a single payer would put 500k insurance workers on the unemployment line. And it sounds to me like he is really overestimating the cost savings (of course I would be on board to save 50% in premiums but I don't think it's realistic).
I am not sure if Hillary released details on that.
communist butt
It's not necessarily a change for the better. For one a single payer would put 500k insurance workers on the unemployment line. And it sounds to me like he is really overestimating the cost savings (of course I would be on board to save 50% in premiums but I don't think it's realistic).
I am not sure if Hillary released details on that.
I would describe it as blowing up what we have in place now. A single payer is a massive change!
I'd like to hear him address that as well as the criticisms to his projections. But Hillary had a good day yesterday.I still believe that Sanders would implement some type of Transfer program for all of those people but I also think none of them would have any problems getting a job elsewhere.
And no she hasn't released any details about how she would expand ACA.
I wouldn't say that. He makes a legitimate attempt to explain how these programs will be paid for. I believe he would charge 2% additional tax on everyone to cover healthcare. His claim is the tax would be lower than premiums for most people but there are criticisms of that (the projections are too aggressive).Has Bernie ever once mentioned cost controls?
Single payer with no cost controls would be a disaster. I'm sure the medical industry wouldn't mind that arrangement though.
It really makes me think he is just saying whatever makes people clap. "Who wants free college???"
But we see that cost growth is under control now, but I guess it depends on your definition of "under control". Cost growth has slowed dramatically. And many people are now covered than ever before.What we have now is destined to fail, because it hasn't had a significant effect on spiraling out of control costs.
Democrats had 6 years to fix price controls, what makes you think something would be different under Clinton?
Edit: Also I don't see how trying to pass single payer, somehow destroys Obamacare, if the effort for single payer fails.....Could you explain that idea to me?
Also isn't Clinton running on a Public option platform now?
What we have now is destined to fail, because it hasn't had a significant effect on spiraling out of control costs.