Political world can be entertaining, maddening

Chester Mazurowski’s line (TGI Forum, Feb. 24) about Mexico financing Trump’s 12-foot wall “by selling 13-foot ladders” was the funniest I’ve read in a long while!

Last weekend, a letter writer promoted Hillary Clinton as “the most qualified applicant.” Former Secretary of Labor Robert Reich — ranked by Time Magazine as one of the Top 10 Best Cabinet Members of the 20th century” — points out that Hillary Clinton “is the most qualified candidate for president of the political system we now have.” “But Bernie Sanders is the most qualified candidate to create the political system we should have, because he’s leading a political movement for change.”

Our Lahaina neighbor’s letter claim about “socialized medicine” costing $28 trillion is wrong. The 20,000-plus members of the physicians for a National Health Program state that single-payer health care wouldn’t cost the U.S. more, and they welcome a national debate on “Medicare for All.”

Bernie Sanders backs single-payer health coverage for all; he promotes raising the U.S. minimum wage, prosecuting Wall Street offenders, a fair trade policy, campaign finance reform, lowering interest rates on student loans.

Our veterinarian niece said because of student debt, the suicide rate among veterinarians has now surpassed that of dentists.

Bernie supports a 21st century Glass-Steagall Act. Hillary maintains the 2010 Dodd-Frank reform works just fine, but in the month after Republicans took control of Congress in 2014, they attached deregulation riders to two pieces of legislation which the White House considered too important to block: the “Cromnibus” year-end budget bill, and reauthorization of the Terrorism Risk Insurance Act.

The Republicans’ death-by-a-thousand-cuts to Dodd-Frank “… allow FDIC-insured banks to keep an estimated $10 trillion in risky swaps trades on their books,” according to a nearly year-long investigation by U.S. Sen. Elizabeth Warren and U.S. Rep. Elijah Cummings.

For perspective: If FDIC-bailing-out taxpayers had started shelling out one million dollars per day since the birth of Christ over 2,000 years ago, that would not even total one trillion dollars. The unregulated market in derivatives and swaps was a propellant of … collapses of major financial companies across the globe. As of June 30, 2008, the global derivatives market had exploded to $530 trillion, while credit default swaps had grown from mere insignificance to $55 billion.”

Hillary has asked Bernie who his foreign policy advisers are, when in fact her campaign has enlisted several hundred foreign-policy experts and then requires them to sign an agreement “promising not to disclose the names of other advisers in their working groups.”

Last week, Hillary attended another campaign fundraiser hosted for her by The Blackstone Group — the largest shadow bank in the world, and also the largest owner of single-family rental homes in the nation.

Blackstone expanded their bottom lines at the time of the TARP banker bailouts, doing so by “quickly buying up all the foreclosed homes only to turn around and rent them right back to the peasants who were evicted.”

This can be continued in another letter. I’ll just be waiting for candidate Clinton to paraphrase Bill’s famous line: “I did not have relations with those firms.”

•••

Susan Oakley is a resident of Kapaa.

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