Self-avowed socialist Sen. Bernie Sanders (I-Vt.) blasted the nation’s major financial institutions and the government’s failure to hold them accountable in a Wednesday-night appearance on CNN’s “Parker Spitzer.”
In the wake of Wednesday’s mammoth release of documents pertaining to its $3.3-trillion aid program for big banks and other members of the financial community, Sanders said, outrage is growing among those not fortunate enough to head a Wall Street firm.
“The average American is sitting home. His or her standard or living is declining. Can’t afford to send their kids to college. May have lost their home,” he told cohost and ex-New York Gov. Eliot Spitzer. And I think what this revelation, this disclosure is about, is a group of enormously powerful people — who today in many instances are making even more money than they did before they were bailed out by the taxpayers — and I think the American people are saying hey, what does the government do for me?”