The former 2020 frontrunner teams up with AOC on Green New Deal and banking reform
There for a while, Senator Bernie Sanders (I-VT) was feeling confident enough in his bid for the 2020 Democratic presidential nomination that he had turned his fire on President Trump. That didn’t last long.
As soon as former Vice President Joe Biden entered the race, his numbers took off and are still shooting through the roof.
Former Vice President Joe Biden has a 32-point lead in the Democratic presidential race in a Hill-HarrisX poll released Monday.
Biden won 46 percent in the poll compared to 14 percent for Sen. Bernie Sanders (I-Vt.), who came in a distant second place.
South Bend, Ind. mayor Pete Buttigieg was in third place with 8 percent, followed by Sen. Elizabeth Warren (D-Mass.) with 7 percent.
Biden nearing 50% in a field of 20+ candidates is an accomplishment that is sure to give Sanders pause, if not outright panic.
And the bad news for Sanders doesn’t stop there. He’s also trailing Biden by double digits in New Hampshire (36% to Sanders’ 18%) and in South Carolina, where Biden has a commanding lead with 46% to Sanders’ 15%.
This is all devastating news to Sanders’ campaign, so what’s a socialist to do? How about teaming up with another socialist for a Green New Deal + banking reform blitz? And who better to team up with than Democrat base favorite Rep. Alexandria Ocasio-Cortez (D-NY)?
Sanders will appear at a Green New Deal rally with Ocasio-Cortez on Monday.
Sen. Bernie Sanders will speak at a Green New Deal rally at Howard University on Monday that also features Rep. Alexandria Ocasio-Cortez, organizers said.
. . . . Campaigns are still only beginning to roll out plans, but early splits have emerged over the Green New Deal, which calls for a rapid transition from carbon emissions associated with global warming by 2030, and the role fossil fuels should play in the transition.
On Thursday, both Sanders and Washington Gov. Jay Inslee criticized a reported plan by Joe Biden to seek a “middle ground” policy that would focus on advancing Obama-era regulations and potentially include a role for natural gas and coal.
“There is no ‘middle ground’ when it comes to climate policy,” Sanders tweeted. “If we don’t commit to fully transforming our energy system away from fossil fuels, we will doom future generations. Fighting climate change must be our priority, whether fossil fuel billionaires like it or not.”
In addition to glomming onto Ocasio-Cortez and her Green New Deal, a move that might come back to bite him, Sanders is also working with her on new banking and credit card legislation.
Democratic presidential candidate Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez (D-N.Y.) announced a plan on Thursday to introduce legislation that would cap interest rates on consumer lending, including credit cards and payday loans, at 15 percent. Their initiative sets up what could be a bitter fight with the banking and financial services industries, which last year brought in more than $113 billion from credit card fees and interest charged to consumers at average rates that far exceed their proposed cap.
“Today’s loan sharks wear expensive suits and work on Wall Street, where they make hundreds of millions of dollars in total compensation by charging sky-high fees and usurious interest rates,” Sanders and Ocasio-Cortez argued in a statement released ahead of their announcement.
The pair also criticized banks for charging an average interest rate on credit card balances that exceeds 17 percent, while they borrow money from the Federal Reserve at just 2.5 percent. The lawmakers’ so-called Loan Shark Prevention Act would allow individual states to establish their own even lower credit card interest caps, and to impose penalties on violating firms.
Never mind, that no one outside the most far left fringe in the Democrat base likes her, even in her own state, Sanders is back to worrying about making it through the primaries, his presumptive frontrunner intention to focus on Trump is, at this point, a distant memory.
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