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Posts Tagged ‘California primary’

Bernie Sanders Wall Street

On Tuesday, Bernie Sanders lost the California primary, as well as a few other states. On Thursday, Sanders gave somewhat weak signals that he is ready to support the Democratic Wall Street candidate. Bernie told reporters after meeting with Wall Street President Barack Obama at the White House that he will ally himself with Hillary Clinton in the fight against Donald Trump.

Regardless, Bernie Sanders has built a grassroots movement that can and will only get bigger. There’s a hurricane of a recession coming down the pike, with gale force winds. It’s going to be worse than the last recession because the economic policies the US government has been following for the last thirty-five years, and the last eight, have redistributed income and wealth from the 99 to the 1 percent, curtailing the demand for goods and services. See The Coming Recession: It’s Going to Be a Big One

Currently, the 1 percent steal 37 percent of all the income produced in the United States, compared to 8 percent in 1980. That means the 99 percent has less money to burn.

The current political and economic situation looks a lot like 1928. Then came the Great Depression storm, and then came President Franklin Delano Roosevelt, and the New Deal. In 1976, Gerald Ford defeated Ronald Reagan for the Republican presidential nomination. Four years later, after successfully negotiating with the Iranian government to keep the American embassy hostages until after the election, Reagan ushered in the modern tyranny of the 1 percent with Reaganomics when he became president. SeeĀ Argo Helps Iran’s Dictatorship Harms Democracy–The Christian Science Monitor.

That era is about to end.

This coming recession means the next president is likely going to be a one term president.

Then it’ll be our turn. Bernie is 74 years old, and highly unlikely to run for president again. That means our political revolution against the 1 percent will sprout fruit most likely in the form of progressive majorities in the US house and senate, as well as the next US president. That could be Elizabeth Warren.

So while Bernie lost the Democratic primary election, he planted and cultivated a people’s movement to reclaim our democracy and take it back from the plutocrats of the 1 percent, such as Wall Street Senator Ron Wyden.

Our time is coming. Don’t give up. This Democratic primary fight was just the first round. Plenty of billionaires want you to give up, especially since we are on the verge of winning.

Think about the late Muhammad Ali. He didn’t give up against the most powerful government in the world when he refused induction into the US military because of his religious beliefs. It took some time, but he won! We will too!

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