posted on Oct, 19 2015 @ 11:50 PM
originally posted by: Wardaddy454
What isn't sensible is day in and day out ATS complains about the debt and career politicians. Yet despite his plans requiring an exorbitant amount of
money, and his 19 years in congress, you all are ga ga for him.
He has a plan for the debt, he has a plan to fund all of his programs, and not everyone is against career politicians. A career politician knows how
things work and knows how to get things done, it's a prerequisite to stay in office that long. It's only some people, mostly those obsessed with only
bringing in outsiders that have a problem with his 19 years in Congress.
originally posted by: Khaleesi
The list of links goes on and on. I just copied and pasted the links to the first few I found. Basically the college misrepresented the amount of
money and assets it had in order to secure a loan to buy property for a new and bigger campus. Bernie's wife was president of the college at the time
and abruptly resigned when it started unravelling.
Redstate is unreliable.
WND is worse than the national enquirer.
Loading dailysurge brings with it an in tab popup that you have to agree Al Sharpton is a minister of hate in order to see the content.
The newsmax article is much less of an indictment and instead asks the questions without really getting into any details or providing any answers...
so, pretty average for hit piece journalism.
The main issue appears to be roughly half of the funding that was promised and put up as the borrowers share came from a will that had yet to take
effect, it was a gift when the person died. However the way they treat gifts, is that they're revenue right away rather than when they're received.
So while the school had the money in the future (assuming the will wasn't changed), it didn't have it at that moment. It's a stretch to call that
fraud, but I could see where the bank would want to try and back out of the deal.
If anything it looks like the bank had some internal debates and in the end was star struck at having a Senator and other influential people involved
and they pushed through a deal that didn't meet their standards. Which shouldn't be a surprise really, that's ultimately what happened in 2008 as
well. The more I read the less it seems like Sanders was trying to screw anyone.
edit on 19-10-2015 by Aazadan because: (no reason