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appalachiablue

(41,113 posts)
Sat Mar 12, 2016, 02:26 PM Mar 2016

Bernie 'Best Candidate for the Economy' Endorsed by Financier Asher Edelman- 'Gordon Gekko' Model

Last edited Sat Mar 12, 2016, 03:44 PM - Edit history (1)



March 10. On CNBC's 'Fast Money' TV show, NY financier and art collector Asher Edelman said Bernie Sanders is the best candidate for the economy, without question. And the reason is 'velocity of money' which means how quickly money gets spent and turns around. He also said Bernie is the only person out there talking at all about both fiscal stimulation and banking rules to get banks to generate lending again as opposed to speculation.

Gordon 'Greed is Good' Gekko, the financial raider character in the 1987 movie "Wall Street" was based on Peter Edelman. Oliver Stone, the awarded American film producer and director noted for his political theme films, produced the movie during the height of the 1980s and Reaganomics when speculation was rampant again on Wall Street. Stone was raised in Manhattan and is the son of a NY stockbroker.



Oliver Stone
https://en.wikipedia.org/wiki/Oliver_Stone
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Bernie 'Best Candidate for the Economy' Endorsed by Financier Asher Edelman- 'Gordon Gekko' Model (Original Post) appalachiablue Mar 2016 OP
Counter Intuitive and Corrcet cantbeserious Mar 2016 #1
"So from an economic point of view, it's straightforward." ljm2002 Mar 2016 #2
"BANKERS FOR BERNIE", Politico, Oct. 2015 | THE SYSTEM IS RIGGED appalachiablue Mar 2016 #3

appalachiablue

(41,113 posts)
3. "BANKERS FOR BERNIE", Politico, Oct. 2015 | THE SYSTEM IS RIGGED
Sat Mar 12, 2016, 03:37 PM
Mar 2016

Politico, "Bankers for Bernie", Oct., 2015
<snip>
But a dive into Sanders’ donor rolls from the second and third quarters reveals that of the tens of thousands of Americans listed as contributors on Sanders’ campaign finance reports, well over a hundred work in the financial services sector. Most are west of the Mississippi at small firms and local bank branches, where Sanders’ calls to rein in Wall Street do not hit so close to home. More noteworthy are the lonely few—roughly two dozen—who work in high finance in Manhattan.

Sure they’re capitalists, but they’re also iconoclasts—Wade Black’s Twitter feed includes several retweets of the dissident journalist Glenn Greenwald and the contrarian finance blog Zerohedge. They do not worship at the altar of the market, and having seen the American economic system from the inside, they’ve come to agree with Sanders’ conclusion that the game is rigged in favor of the well connected and a handful of big banks. Some also work at small Wall Street shops that could actually benefit if Sanders succeeded in his No. 1 goal: breaking up the biggest banks.

And what they lack in numbers, these pro-Bernie Wall Streeters make up for in chutzpah: There’s a former world champion player of the fantasy trading-card game “Magic: The Gathering,” a guy named Paul Ryan and the man who oversaw legal, compliance and auditing for Lehman Brothers until its September 2008 collapse.

READ MORE: http://www.politico.com/magazine/story/2015/10/bernie-sander-bankers-wall-street-213295

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