May 2016

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Clinton Cannot Clinch Nomination before Convention, Sanders Says

MONTEREY, Calif. – Campaigning Tuesday along California’s Pacific Coast, U.S. Sen. Bernie Sanders said neither he nor Hillary Clinton will win enough pledged delegates on June 7 to secure the Democratic Party presidential nomination. A total of 694 delegates are at stake in six states with contests next Tuesday. “No candidate will end up with the number of pledged delegates needed to win the nomination,” Sanders told 7,800 supporters an outdoor rally here. The close contest will mean that the selection of a nominee will fall to superdelegates. Those elected officials and other party power brokers won’t cast their votes …

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Sanders, Nurses, Doctors Call for Medicare-for-All, Senator Backs California Ballot Initiative on Prescription Drug Prices

EMERYVILLE, Calif. – Flanked by nurses and doctors, U.S. Sen. Bernie Sanders on Tuesday said it was time for the United States to join every other major industrialized nation and provide better health care at lower cost to all Americans. “Embarrassingly, the United States today is the only country on earth that does not guarantee health care as a right for all people,” Sanders told a rally. “We need to guarantee health care for all people as a right.” Sanders said the United States spends far more per capita on health care than any other nation; twice as much as …

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Sanders Calls Clinton Plans for Puerto Rico ‘Too Little, Too Late’

OAKLAND, Calif. – U.S. Sen. Bernie Sanders on Monday called Hillary Clinton’s shifting positions on critical issues facing Puerto Rico “too little, too late.” “As has happened many times before, Secretary Clinton has changed her mind and is inching closer to positions I have taken,” Sanders said, “but what she says only days before Election Day in Puerto Rico is too little, too late.” Clinton had supported a controversial bill in the U.S. House of Representatives to establish a control board stacked with Republican congressional appointees which could impose harsh austerity measures to deal with Puerto Rico’s $70 billion debt. …

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Sanders Dice que los Planes de Clinton para Puerto Rico son ‘Demasiado Poco, Demasiado Tarde’

OAKLAND, Calif. – Este lunes, el Senador Bernie Sanders dijo que las posturas constantemente cambiantes de Hillary Clinton sobre los problemas críticos que enfrenta Puerto Rico son “demasiado poco, demasiado tarde.” “Así como ha ocurrido en muchas otras ocasiones anteriores, la secretaria Clinton ha cambiado de opinión y está acercándose cada vez más a las posturas que yo he tomado,” dijo Sanders, “pero lo que diga a sólo unos días antes de las elecciones primarias en Puerto Rico es demasiado poco, demasiado tarde.” Clinton había apoyado un controversial proyecto de ley en la Cámara de Representantes de EE.UU. que busca …

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Want to end corruption? Crack down on tax havens.

Excerpt: The U.S. conceals vast sums of foreign loot behind opaque shell companies in Delaware and Nevada and stands aloof from a new global transparency scheme led by the Organization for Economic Cooperation and Development (OECD) to start sharing banking data beginning in 2017. The OECD’s “Common Reporting Standard” will include most major tax havens — but the United States has not signed on. A widely referenced Financial Secrecy Index (which I helped produce) ranks the U.S. as the third most important tax haven worldwide after Switzerland and Hong Kong, based on a secrecy score weighted for size. Britain only …

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Sanders Visits The Forty Acres

DELANO, Calif. – U.S. Sen. Bernie Sanders on Sunday stopped at the former headquarters of Cesar Chavez’s United Farm Workers union Federico Chavez, a nephew of the labor leader and civil rights activist, led the senator on a tour of The Forty Acres, once the headquarters for the first agricultural labor union in the United States. “This is a historic area,” Sanders said of the place where Chavez staged a hunger strike that helped lead to a collective bargaining contract for farmworkers. “While progress has been made, there is no question that a lot more needs to be done,” Sanders …

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Sanders Draws Big Crowds at Southern California Rallies

BAKERSFIELD, Calif. – U.S. Sen. Bernie Sanders on Saturday crisscrossed Southern California with rallies at Santa Barbara, Santa Maria and here at the Kern County Fairgrounds. Aiming to speak to more than 200,000 Californians during the month before the June 7 presidential primary election, Sanders already was more than half-way to that goal after he 6,000 supports sprawled across a lawn at the coastline campus of Santa Barbara City College, 7,500 sat in the blazing sun at the Santa Maria High School football field and 4,100 packed the fairgrounds grandstands in Bakersfield at the southern end of California’s Central Valley. …

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Sanders Campaign Challenges Frank and Malloy Roles at Democratic Convention

WASHINGTON – In a formal credentials challenge, Sen. Bernie Sanders’ campaign on Friday asked for the ouster of two “aggressive attack surrogates” for Hillary Clinton from key Democratic National Convention committees. The campaign called for the removal of Connecticut Gov. Dannel Malloy as a co-chairman of the Platform Committee and former Massachusetts Rep. Barney Frank as head of the Platform Committee. “Governor Malloy and Mr. Frank have both been aggressive attack surrogates for the Clinton campaign,” Sanders campaign counsel Brad Deutsch wrote in a letter to the party’s Rules and Bylaws Committee. “Their criticisms of Sen. Sanders have gone beyond …

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Sanders Statement on Verizon Settlement

LOS ANGELES – U.S. Sen. Bernie Sanders issued the following statement Friday on the agreement between Verizon and 39,000 striking members of the Communications Workers of America and the International Brotherhood of Electrical Workers: “I congratulate the strikers, their unions and Verizon management for reaching an apparent settlement after 45 days. This strike has been emblematic of the growing gap between our largest corporations and front line workers when it comes to living standards and employment security. “I was proud to stand with these workers before and during the strike, and even prouder of the thousands of volunteers from our …

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Sanders Statement on Debate

LOS ANGELES – U.S. Sen. Bernie Sanders issued the following statement Friday on Donald Trump’s on-again, off-again position on a debate: “In recent days, Donald Trump has said he wants to debate, he doesn’t want to debate, he wants to debate and, now, he doesn’t want to debate. “Given that there are several television networks prepared to carry this debate and donate funds to charity, I hope that he changes his mind once again and comes on board. “There is a reason why in virtually every national and statewide poll I am defeating Donald Trump, sometimes by very large margins …

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Sanders Prepared to Accept Network Debate Proposal

BURLINGTON, Vt. – Bernie Sanders’ campaign manager, Jeff Weaver, issued the following statement Friday on television network proposals to host a debate with Donald Trump: “Our campaign and the Trump campaign have received two offers by broadcast television networks to host the Sanders-Trump debate that we suggested. Both offers include a major contribution to charity. “We are prepared to accept one of those offers and look forward to working with the Trump campaign to develop a time, place and format that is mutually agreeable. Given that the California primary is on June 7, it is imperative that this all comes …

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Bernie Sanders easily wins the policy debate

Mainstream U.S. economists have criticized Democratic presidential candidate Bernie Sanders’s proposals as unworkable, but these economists betray the status quo bias of their economic models and professional experience. It’s been decades since the United States had a progressive economic strategy, and mainstream economists have forgotten what one can deliver. In fact, Sanders’s recipes are supported by overwhelming evidence — notably from countries that already follow the policies he advocates. On health care, growth and income inequality, Sanders wins the policy debate hands down … Mainstream economists long ago lost the melody line … They have come to accept cruelly rising income inequality …

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The shocking number of Americans who can’t cover a $400 expense

Technically speaking, America’s economic recovery from the Great Recession is in its seventh year, making it one of the longest expansions on record. The unemployment rate is falling, businesses are hiring and there are finally some signs that wages are rising. But for so many households, that progress still feels painfully remote. The Federal Reserve surveyed more than 5,000 people to determine whether their personal situations were improving along with the economy. The results, released Wednesday afternoon, found that though households showed “mild improvement” overall, their perspective depended on their income, race and education. Take this one telling statistic: About 46 …

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Citigroup Fined in Rate-Rigging Inquiry but Avoids Criminal Charges

Citigroup on Wednesday became the latest big bank accused of trying to manipulate global interest rates, a reminder of Wall Street’s wide-ranging abuse of power in these markets. The Commodity Futures Trading Commission, a federal regulator that oversees Wall Street, announced $425 million in penalties against Citigroup, covering two overlapping cases. And yet Citigroup faces no criminal charges. In an unexpected move, the Justice Department confirmed on Wednesday that it had closed its investigation into Citigroup and some of the other banks suspected of manipulating an interest rate benchmark commonly known as the Isdafix. (Read the rest here.)

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