Bernie Sanders Threatens to Use SEC to Arrest Oil Execs, Shut Down Energy Industry, and Wipe Out Pensions
Also known as, "Bernie Sanders makes compelling argument for eliminating SEC, entire Federal government and banning wannbe Communist dictators from running for public office."
Senator Sanders unveiled his Green New Deal which tops Ocasio Cortez for sheer insanity and fascism.
Here's Bernie threatening to use the SEC to wipe out the entire economy.
Prosecute and sue the fossil fuel industry for the damage it has caused. When it was revealed in 2015 that the fossil fuel industry knew their actions were contributing to climate change decades ago, Bernie sent a letter to then-Attorney General Loretta Lynch asking her to open a federal investigation to find out whether the industry violated the law. President Bernie Sanders will ensure that his Department of Justice and Securities and Exchange Commission investigate these companies and bring suits — both criminal and civil — for any wrongdoing,
The Securities and Exchange Commission (SEC) and the Environmental Protection Agency (EPA) will jointly develop an economy-wide survey of climate risks. To create this report, the SEC will require corporations to audit and report their climate risks. The EPA will use the information to target the worst climate risks through economy-wide regulations
Pressure financial institutions, universities, insurance corporations, and large institutional investors still invested in or insuring fossil fuels to transition those investments to clean energy bonds through executive action. When we are in the White House, we will establish new financial rules through the SEC and other regulatory agencies to pressure hedge funds, the insurance industry, and other large investors currently invested in fossil fuels to divest or pay for clean energy investments through clean energy bonds.
Using the SEC to force financial institutions to divest from profitable industries and invest in politically correct industries.
And, for federal workers, their pension funds will be raided to funnel money to lefties in the fake energy industry.
Divest federal pensions from fossil fuels. Federal employees’ pensions are currently invested in fossil fuels. That puts their pensions at risk. The federal government must protect and grow those pension funds by instead investing in the clean energy economy.
A Bernie victory would mean kissing both your pension and reliable power goodbye.