Bernie Sanders Criticizes Bank Bailouts during the S & L Crisis as "Robin Hood in Reverse!" (11/21/1991)
Rep. Bernie Sanders (I-VT) channels the anger of the American people against bank bailouts, decrying the practice of taxpayer funded banking and financial institution bailouts as Robin Hood in reverse.... ( read more )
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Bernie Sanders on Bank Bailouts (10) – "Robin Hood in Reverse!" (S & L Crisis) [11/21/1991] In a heated debate on Capitol Hill, Bernie Sanders, the passionate and outspoken congressman from Vermont, once again took a stand against what he saw as an injustice perpetuated by financial institutions. On November 21, 1991, Sanders delivered a fiery speech that lambasted the bank bailouts during the Savings and Loan (S&L) crisis, decrying them as a reverse Robin Hood scenario, where the poor were forced to bail out the wealthy. The Savings and Loan crisis, which be...