Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Democratic Primaries
Showing Original Post only (View all)Sanders accuses Apple of 'throwing pennies at a housing crisis' it 'helped create' [View all]
Sanders accuses Apple of 'throwing pennies at a housing crisis' it 'helped create'Sen. Bernie Sanders (I-Vt.) on Monday accused Apple of "throwing pennies at a housing crisis" that it "helped create" after the tech giant announced it will spend $2.5 billion on affordable housing in California.
The presidential candidate released a statement ripping Apple's hypocrisy and saying he would require large companies to pay their fair share in order to make investments that guarantee Americans affordable housing.
"Apple's announcement that it is entering the real estate lending business is an effort to distract from the fact that it has helped create California's housing crisis all while raking in $800 million of taxpayer subsidies, and keeping a quarter trillion dollars of profit offshore, in order to avoid paying billions of dollars in taxes," Sanders said in the release.
The Vermont senator in September released his $2.5 trillion "Housing for All" plan, which he says would provide housing for all U.S. residents funded by a wealth tax on the top one-tenth of 1 percent of income earners. Sanders said his plan would address the twin crises of affordability and homelessness" that "have reached a breaking point.
Apple announced earlier Monday it would spend $2.5 billion on affordable housing in California to be part of the solution to the unsustainable direction of housing in the tech organizations home state. The company will work with the state government to provide the funds.
https://thehill.com/homenews/campaign/468926-sanders-slams-apple-for-throwing-pennies-at-a-housing-crisis-it-helped
The presidential candidate released a statement ripping Apple's hypocrisy and saying he would require large companies to pay their fair share in order to make investments that guarantee Americans affordable housing.
"Apple's announcement that it is entering the real estate lending business is an effort to distract from the fact that it has helped create California's housing crisis all while raking in $800 million of taxpayer subsidies, and keeping a quarter trillion dollars of profit offshore, in order to avoid paying billions of dollars in taxes," Sanders said in the release.
The Vermont senator in September released his $2.5 trillion "Housing for All" plan, which he says would provide housing for all U.S. residents funded by a wealth tax on the top one-tenth of 1 percent of income earners. Sanders said his plan would address the twin crises of affordability and homelessness" that "have reached a breaking point.
Apple announced earlier Monday it would spend $2.5 billion on affordable housing in California to be part of the solution to the unsustainable direction of housing in the tech organizations home state. The company will work with the state government to provide the funds.
See also: https://www.democraticunderground.com/10142390574
If I were to vote in a presidential
primary today, I would vote for: Undecided
primary today, I would vote for: Undecided
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
69 replies, 6220 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (12)
ReplyReply to this post
69 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Sanders accuses Apple of 'throwing pennies at a housing crisis' it 'helped create' [View all]
crazytown
Nov 2019
OP
Business and "Wall Street". Yet, if you look at his Senate financial filings, you'll see....
George II
Nov 2019
#14
Not only that... guess who his biggest seller/distributor is for his books.
NurseJackie
Nov 2019
#40
Yes, if Amazon is so bad, why sell your books there? Not very ... um ... authentic.
betsuni
Nov 2019
#41
Apple is investing $2.5B in housing in California. Why is he accusing Apple of "creating"....
George II
Nov 2019
#15
So, Apple has invested 10% of it's profits in affordable housing? Good for them!
LongtimeAZDem
Nov 2019
#46
Not you, but GMAFB! That from a guy who gave all of $18,000 on almost $600,000 income in 2018....
George II
Nov 2019
#10
More "crumbs" than anyone else, including the one that is bashing Apple for doing this.
George II
Nov 2019
#16
Sanders announces his "Housing for All" plan in September and now Apple announces this.
betsuni
Nov 2019
#13
Even earlier. Go way back to founding of Stanford U. Always a hub of innovation in multiple
emmaverybo
Nov 2019
#28
Sorry, Bernie, but Rep Omar just stopped your progress with her remarks at your rally
oldsoftie
Nov 2019
#25
Bernie runs on anger-fuel. Maybe anger is his inspiration. But so misplaced here. Celebrate
emmaverybo
Nov 2019
#26
Apple does a good deed and Bernie is pissed. Pretty strange by my reckoning.
comradebillyboy
Nov 2019
#27
Don't blow of the fantasy of the evil Corp parachuting into happy-land and screwing things up.
Blue_true
Nov 2019
#62
Bernie has a burn it down mindset, without thinking deeply with what he will replace it with.
Blue_true
Nov 2019
#67
I disagree. If you want to know why, I have posted several times in this thread.
Blue_true
Nov 2019
#68