Bernie Sanders To Announce Presidential Run

Vermont Public Radio, By Bob Kinzel, April 28

VPR News has learned from several sources that Independent U.S. Sen. Bernie Sanders will announce his candidacy for the Democratic presidential nomination on Thursday.

Sanders will release a short statement on that day and then hold a major campaign kickoff in Vermont in several weeks.

Sanders’ entry into the Democratic race ensures that Hillary Clinton will face a challenge to win the support of the liberal wing of the party.

Sanders’ basic message will be that the middle class in America has been decimated in the past two decades while wealthy people and corporations have flourished.

His opposition to a proposed Trans-Pacific Partnership trade deal (T.P.P.) shows how he plans to frame this key issue of his campaign.

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  • Give ‘Em Hell, Bernie

    Bernie Sanders is more serious than you think.

    Rolling Stone, By Matt Taibbi, April 29

    Many years ago I pitched a magazine editor on a story about Bernie Sanders, then a congressman from Vermont, who’d agreed to something extraordinary – he agreed to let me, a reporter, stick next to him without restrictions over the course of a month in congress.

    “People need to know how this place works. It’s absurd,” he’d said. (Bernie often uses the word absurd, his Brooklyn roots coming through in his pronunciation – ob-zert.)

    Bernie wasn’t quite so famous at the time and the editor scratched his head. “Bernie Sanders,” he said. “That’s the one who cares, right?”

    “Right, that’s the guy,” I said.

    I got the go-ahead and the resulting story was a wild journey through the tortuous bureaucratic maze of our national legislature. I didn’t write this at the time, but I was struck every day by what a strange and interesting figure Sanders was.

  • The Inquisitr: Banking Expert Who Exposed Savings & Loan Corruption Joins Sanders Campaign

    An expert in banking corruption and finance has joined the Bernie Sanders campaign. William K. Black, an associate professor at the University of Missouri-KC, is Bernie Sanders’ new economic advisor. Black was one of the central figures in exposing and prosecuting corruption in the savings and loan crisis from the late 1980s and mid-1990s. His addition to the Sanders campaign brings important knowledge in laws pertaining to finance and banking.

    The savings and loan banking crisis resulted from a multitude of causes, one of which were two laws that helped deregulate them. The Depository Institutions Deregulation and Monetary Control Act of 1980 was signed into law by President Jimmy Carter. That law allowed credit unions and savings and loans to offer checking deposits, and to charge any loan interest rate they chose.

    • William Black joining Sanders campaign is a major event, since he’s one of the few people, with both economic and legal background, who can respond effectively to the claims of luminary pundits and Clinton supporters like Paul Krugman.

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