"Senator Sanders Unfiltered: Real Financial Reform, Now!" (video)

UPDATE: Ben Smith reports on the "Bipartisanship of the fringe" that backed the "Audit the Fed" bill which just passed 96-0 in the Senate.

bravenewfilms, video (04:45):

"As a member of the House Financial Services Committee, this is what I said on the floor of the House in 1999 as I voted against the major bank deregulation bill: This legislation, in its current form, will do more harm than good. It will lead to fewer banks and financial service providers; increased charges and fees for individual consumers and small businesses; diminished credit for rural America; and taxpayer exposure to potential loses should a financial conglomerate fail. It will lead to more mega-mergers; a small number of corporations dominating the financial service industry; and further concentration of economic power in our country.

Frankly, it didn't take a PhD in finance to reach that conclusion. If you give unlimited license to Wall Street speculators, no one should be surprised when the result is greed on steroids."