Rep. Alexandria Ocasio-Cortez questions Wells Fargo CEO Timothy Sloan during a House Financial Services Committee hearing. Full video here: cs.pn/2F6Dj93
Tati : Warning ⚠️ It gets painful. Suggestion : Watch DemocracyNow and read The Intercept!❤️ Then find someone from Sam Seder & Michael Brooks to David Doel or Mike Figueroa, with whom you can enjoy these moments together! #Bernie2020 ✌🏾
Brutus Tan : Angry much? Ever experienced an Oil Spill? Right! Hey, I went Scuba Diving, I have lived in the Caribbean...but you, what are you ( or your Grandchildren! ) going to do??
@Brutus Tan if you can't see the point she's trying to make you're mad ignorant. The fact is corruption is pretty much legal in this country and it shouldnt be.
@@harrisonfreund7845 no, but if I'm paying you to do a project that should be following specific guidelines of Environmental protections, and you do a half ass job that causes it to break. Yes it should be my responsibility, because I'm paying you and you are doing a shitty job. So my responsibility is replacing you or paying to fix the mess that my money was going to.
@@harrisonfreund7845 also! They had prior knowledge and resistance from the people that lived in the area. They knew if there was a spill, it would affect them. But they didn't pull their funds and continued pushing for the pipeline. So yea, if they're not operating the pipeline, only investing in it. They should pay out for the clean up for the Americans that live there.
Like him or not, you should give him credit for answering the questions directly unlike many witnesses who testify before a congressional committee of any kind.
Like she had any loans. She is a minority woman. Or is that the joke? This is what happens when everyone gets to go to college. Some people should just do something maybe like "bartend" or something that doesn't require any real deep thought.
So by her logic. Should the bank pay damages when someone finances a car through a bank and then kills someone with the car in a collision. Her logic is that of a childish immature inexperienced dangerous mind.
Not really. It was widely and openly known these pipelines would be environmentally dangerous and unstable and with that knowledge the bank decided it was a risk they were willing to take and financed it. And there is a difference between someone crashing a car and corporation causing mass environmental and human damage.
@@rathernot6587 Again, you’re a moron. Wells Fargo would be adopting the FINANCIAL risk of the project potentially failing due to potential legal issues or functional issues. The pipeline company themselves would be held legally responsible. It has been and will always remain that banking institutions remain of limited legal liability, otherwise the opening for unlimited levels of corruption and power through government are endless.
@@akallstar5 lol this. AOC isn't an law professor. She isn't financial analyst. Her team seems to be devoid of those. Her argument here just sucks. She stands on moral issue. While it's great and all to debate on morality of US financial institutions, this will get her nowhere. In US justice system, morality gets you nowhere. If Wells Fargo purposefully and knowingly invested in a pipeline that would cause environmental damage and financial lost to areas around it, it would be liable but since it's really impossible to prove unless the executives brag about committing crime on tape, that argument is wasteful. I like AOC but she isn't it. Her debating skill is poor and she doesn't have the legal capacity to understand that she must navigate law of the land in order to accomplish her goal instead of garnering moral supports. We didn't elect her to raise awareness. We elected her do get shit done. Instead, she opted to become become celebrity.
@@kawaiidoggo Here’s why she is dangerous, and one small little point you’re missing: she’s arguing that keystone pipeline failing is evidence enough on its own to fine Wells Fargo, she’s saying there isn’t a need to investigate whether Wells Fargo knew, this would be enough! By that logic the government could essentially stick their grubby little hands into anyone’s pocket for any reason at all times!
@@nikk2472 What you must understand is that Wells Fargo is a mortgage company.. a financing company. Obviously they would put money 1st, they finance things to get paid back. Those pipelines they financed, which they knew were unstable was just for money.. They don’t own the pipeline like he said, they are not responsible for that, the company that owns the pipeline is. For example, you finance a car and you crash it, they aren’t gonna pay you to fix it, you are gonna have to pay to fix it because you are the owning party. Obviously you have been brainwashed by your stupid cnn bullshit and are incapable of looking at it from both sides..
If they assessed the risk and still gave the loan even though a government agent told them the loan was a low risk then yes you are 100% correct. However, that would include going after the govt too. Sadly, they don’t have any money accept what they steal from us. 🙂 So we all paying. Welcome to AOC logic.
What are you nuts, we should sue the Bolt manufacturer who supplied bolts to a car company who makes cars that happen to be in completely avoidable operator caused accidents.
j C if the car has serious flaws that lead to the crash, that could have been seen and corrected by the car manufacturers in the design or manufacturing process. Then it is the car manufacturers fault and they have to be accountable.
Mashoto Shaku why are we stopping there? If the Miller Brewing Company provides a bar with its alcoholic beverage and a drunken fight breaks out (they weighed this risk and that bar was certified safe) they are also responsible for the injuries and damages. 🤗
They're trying to make sure businesses and banks toe the line or else. It's not about whether or not business is conducted ethically and legally, it's about making the 'bad men fly' (GoT)
Good for you! I’m glad to hear that. I personally am not a fan of aoc but I’m glad she’s got you staying updated! We’re in this together no matter what “side” we associate with.
I would strongly encourage you to fact check AOC's claims, as many of them are totally incorrect. I'm excited to see her get more people involved in politics, and I'm a Democrat myself, but I think she uses a lot of reckless and even dangerous rhetoric. She's also very hypocritical. For example, she rants against building developers not creating affordable housing, but lives in a luxury apartment complex that doesn't have any affordable units. There are a lot of problems with AOC once you start digging.
ravemachin you ignorant fuck the point is that banks do not pay for repairs on things they give out money for nor are they responsible for it you ignorant fuck
@@quinton5072 It's not the same because firstly the Bank does benefit by investing in pipelines and secondly if there is a leak then we talk about a huge environmental disaster which cleaning up cost almost the same or even more than building the pipeline and who of the many investors would be willing to finance this?! But again we don't talk about a trivial car owned by someone, we are talking about an environmental disaster which effects ALL of us
I think the last part was the part she was looking for. "We have an environmental committee that weighs the risk." They have employees that weigh out the "risk" of every investment. By risk, they mean, "how will this hurt Wells Fargo." The thing they don't consider is: "how will this hurt humanity." She's trying (unsuccessfully) make the point that Wells Fargo ends up funding really shitty companies, often. So, what is Wells Fargo in terms of benefit to humanity? Net positive, net negative, neutral? Could they do better if they thought about more than the bottom dollar?
@@NeoFryBoy There is one and only one social responsibility of business - to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud
@@markwalshopoulos That would work but many big firms, like WF, lobby to pass regulations and laws that are favorable to them or will hurt their competition much more than it'll hurt them. I'm not defending AOC ,I just think they both are terrible people
I hope she runs for president one day. There is no footage of her ever having a live debate with a Republican or opposing viewpoints. I doubt she can even think for herself tbh
@Darren D If the bank is funding something that is going towards the meth lab they should both be held accountable. If your money is going to something illegal, you should both be held accountable for even if you don’t know where and what your moneys going to.
@@d4ngerouslyours Those hypotheticals are a super disingenuous way of framing the argument. There was nothing illegal about building the pipeline. Therefore I hope your just clueless about what is happening here because, if AOC thinks the same as you then yes she doesn't know what she is talking about.
@@Bryan-vz9lz Something not being illegal does not make it unmorale or damaging. Corporations who cause damage especially intentionally should be held accountable for their actions. She is not saying that the bank being held responsible for the financing is legally possible just that it should be.
"Mr Benjamin Smith your car leaked oil down the road, and because Wells Fargo financed the loan why shouldn't they be responsible for the leaking oil pan gasket on your Dodge Neon?"
AOC continues: "Especially given that the financing happened AFTER being aware of the leakage likelihood" Wells Fargo CEO: "We were willing to take those risks."
Is that what your deplorable nincompoopery feather head understood? Let me help you out. MR FORD WHY DID YOU KEEP SELLING CARS THAT STUDIES SHOWED TO BLOW GASCET? Because those who bought these cars are spilling oil and what not in the environment.
Very well put Mr Benjamin Smith example of an analogy that some people cannot take for face value they will try to make it difficult to comprehend there's no way it can be that easy 2 resolve for them people
@@shirleyshine1285 Trump supports are the biggest idiots on this planet. Just let them be stuck in their own delusion world. No need to explain it to them because they don't believe in that. Just remember, real recognizes real and let's keep moving forward.
Why should she? She didn't kill the deal. Amazon was going to built outside of her district. It had nothing to do with her. With that said, since she supported the New Yorkers who wanted Amazon gone, shouldn't all of those New Yorkers be just as accountable or anyone in the world who supported them along side AOC? I mean AOC is just as much as an outsider as someone from LA in this incident who supported this since it was outside of her district. What do you think?
Ryan Kuhn they were shipping in their staff & made no promises to hire NYC residents & furthermore weren’t paying enough taxes to fund NYC! Just drive the cost of living just like Washington State & not investing in the local businesses. Stop spreading contingent lies! The what if they had........excuses!!! Go to Fox, oh wait, they block all comments because their base will fly their confederate flags!
I think you’d lose money with amazon around. Like Walmart, it costs more than its worth. How can bankruptcy exist with all that “Wall Street” money around.
Her reasoning would make a bank liable for every nefarious act or liability of anyone banking with them...Jeff Dahmer buys a drill with the interest from his CD, should the bank be responsible for cannibalism. A drunk buys alcohol from a restaurant financed, now they're responsible for his DUI....that is flawed readoning.
@@johncummings2604 it’s pretty common knowledge that pipelines are horrible for the environment, especially when it comes to spills, and Wells Fargo has invested in a lot of fossil fuel extraction so they know the risks very well and they do it anyways, the burden should be on them to fund a clean up because of their negligence. The pipeline wouldn’t have happened without their involvement. Banks will decide who gets a loan partially based on history. If there’s any reason to deny one they won’t give em one. Do they know dahmers a cannibal? Then prob not. Bars are not responsible for what happens to you when you leave.
Should Alexandria Ocasio-Cortez be held financially responsible for the costs to New York from the abandonment of the Amazon Headquarters project? Hypothetically, of course. 😂😂
@@RussM87 really.... Come on she was speaking pretty plainly.... Should the large cooperations and banks that finance potentially dangerous projects, (like oil pipe lines) also have to finance clean up? Your not dumb I assume? So you didn't watch the video, and just hate her on principal?
RusM 87 isn't that what your favorite liberal media do to Trump? Always showing all the negative about him or creating one to make him bad 99.9% of the time. The 0.1% still looks like it's making him bad. Do you feel it now or are you too stupid to realize the hypocrisy?
@Will Pack- YOU were Obviously not listening. Everything she said was hypothetical , nothing concrete. Listen to it again and this time put on some headphones !!!
He prepared himself. Many hours were spent reviewing her antics on CSPAN until her stupidity no longed evoked a response. At that point he knew he was ready.
@Jay Bruno Because she's using taxpayer dollars to increase her followers on social media. She is quite literally one of the most ineffective lawmakers in Washington. She has introduced ZERO bills that made it to the floor. Zero! We elect lawmakers to do exactly that: make laws. Congress isn't a theater for you to act like a warrior of the people and browbeat industry leaders with no goal in mind other than increasing your popularity. Especially if you can't actually MAKE LAWS! She is a a poison to our House of Representatives. Who would have thought that someone whose only experience prior to Congress was bartending would be an ineffective politician. GEE....I am just SO surprised! I hope NY14 wakes the fuck up and gets this demagogue out of the peoples house.
@Jay Bruno These comments are the best. Again, not a single bill has made it to the floor. That is a very important distinction and is exactly what I said. If you knew anything about Congress then you'd realize that what you provided is even more incriminating; I was being kind. Finally, she was selected by a PAC and completely funded by that PAC for her seat in Congress. There is a documentary about it for Christ's sake. Do some research before you make yourself look like even more of an idiot.
Her brother answered an newspaper article by a far left special interest group/ PAC she interviewed and got the part. Basically well actually she answered a casting call auditioned and got the part. She even talks about how " neat" it was. A.O.C=Actress On Call
AOC: Wells Fargo, I don't understand why my checks are bouncing... Wells Fargo: There is no money in your account. AOC: But I still have checks in my checkbook!
It's funny because when you dig, you find out it's a "I do not recall game" with the CEO. She just hammered his ass to the point where he forgot his own name. By the way if you hate socialism, remember we bailed out wells fargo via socialism and they still defrauded the tax payer. Google it.
She asked if wells fargo put people before financial gain. She was making the point that wells fargo fianaces projects that are detrimental to human beings.. I'm confused bias aside why are you guys using fallacies rather than critical thinking to understand her arguments and her questions does logic not exist anymore only bias of political affiliation and ideology or do facts count?
Lasalle Jones Please, don’t use Cortez and critical thinking in the same paragraph. Banks make investment decisions for the betterment of their shareholders and ultimately all of their account holders. If a bank finances my farm and I have a gas leak the bank is NOT RESPONSIBLE.
Lasalle Jones You know, I’d actually respect her if she TRULY went all in on her ridiculous fantasies. If she swore off all public transportation and lived a vegan off the grid surviving on solar, even if I’m not an environmentalist, I’d still ADMIRE that! But where was she last weekend? How do you go from DC to Texas to DC in two days time? How does that happen?
It's just strange that she would decide to quote a largely biased source - that she probably didn't fact check. Even if she had she probably would've decided to use it anyways
There are actually brain dead people in the comments. If a company finances a project that leads to disastrous outcomes and without this company’s money that project would not have been able to come to fruition then YES THAT COMPANY WOULD BE RESPONSIBLE TO FINANCE THE EFFORTS TO UNDO THE OUTCOMES. It doesn’t matter that that company was not the one dealing hands on with the project, if it was their money that sustained it then it is FULLY their responsibility to deal with it. How is accountability so freaking hard to understand? The situation isn’t “if I give you five dollars and you use it to buy and sell drugs, should I be held accountable?” The situation is “if I give you money for the express reason to buy drugs to sell, should I be held responsible?” (The answer to that is YES! For the brain dead people.)
Everyone who disagrees with you is braindead? I give you money to operate your business. You mess up your own business. I must pay for the losses created from your business?
Well, our President has gotten more done in two years than Obummer did in 8. He is doing exactly what he got elected to do. If you don't like it, then it sucks for you. Good luck with crazies like OAC, Bernie, Harris, and all of the other nut cases running. Someone's going to get full of themselves and split the vote by going independent. Cry me some more liberal tears, now, I'm getting low on supply!🤣
"Those were risks we were willing to take" I'm crying 😂😭. It's like Banks think that if other banks are doing catastrophic things, they should too in case there is profit in it. Novel 2008 tactics. If 20 banks try to fund a crime syndicate to take over the US government for Russia, then "those are risks we are willing to take." Or are you saying that banks only bear responsibility for illegal consequences and not just for consequences in general?
letsomethingshine oh the Russia hoax again. The house just voted to let illegals vote. That is in itself foreign interference. Yet you hold to a false narrative almost 3 years in the making that has yet to be proven true. The only collusion was between the Hillary and Obama’s state department. Those are the true crimes. Everyone indicted from Trumps camp were from unrelated issues. Nice try though
I love how this guy made her look like the moron that she is. AOC, you have a bank that finances your car, and the car has a malfunction that blows it up. Do you go after the bank who financed the car, or the manufacturer who made the car? Maybe if had put it like that, and had written it in crayon, she might have understood it better.🤣🤣
why the hell should a bank that financed a pipleine be responsible for cleanup if there is a spill? the banks finance companies and take monetary risks, the company that built the pipeline has insurance to cover issues like this. AOC is such an airhead
She looks so proud of herself after every question she asks, like she always has a "gotchya" question. She can't even let the guy answer the question before she has to interrupt and hear her own voice again 🙄
@Randy Boone well why don't you just leave a general comment instead of coming at me like I'm not aware of what is politically happening in the country
Navyforeveryoung Jean-Philippe I mean, I get what she’s trying to say, but Wells Fargo is a financier, they don’t manage these projects... if she has such an issue she needs to take up with those specific managements. Basically how this played out is like her saying to an employer of a fat unhealthy employee, “how dare you pay a wage to someone who eats fast food all day?”
So I says to the guy, I says to him, I says, I totally agree with you. I’m no Trump fan, and if this girl keeps it up and her party does not shut her down, he will be re-elected in a landslide.
@@Robert_McGarry_Poems ignorance man you have got to be kidding. This chick is the craziest person we have ever elected. I vote we split the US and you have her we will keep Trump!
Timothy A key difference being that only one is "The Boss" sir. No one is infallible. He's not a god and she most certainly is not a "Gentle Woman" by any stretch. Mark my words. She will dig herself so deep that even the stilts she stands on and the mound of prepared documents and talking points will not stack high enough.
No, but they should be funding awareness campaigns to reduce drunk driving and they should contribute in funding to alleviate the negative impact of cars on the environment
@@pavelj8301 Hi there, if you take time to google, Wells Fargo is actually involved in green energy and sustainability. Give these guys a break. Their business revolves around financing these third party contractors to MAKE MORE MONEY. Should there be accountability for these pipelines, yes...most definitely, but in a nutshell, they’re out for a profit. The depositions should involve the companies that delegate the project. This stupid ass hearing is just for press. I swear, you’re so faithful to one side of the political spectrum that you’re willing to follow whatever your “leader’s” narratives are.
@@SomeAftermath hello, thanks for that. However, you are reacting to things I've never said and the person you believe I am. I understand how your mind works in such situation, and the need pigeon-hole a person, but you've just made tons of assumptions about me, probably without even realising. Now to your point, I don't really have an opinion on Wells Fargo - and the video was not an example of a great discussion as you say. I was just trying to react to the logical fallacy the first person made. Just to note, every big business is "involved" in sustainability to some extent. It is a whole different story to decide whether they are for real or whether it's a publicity exercise
Exactly,she has no idea how things work .You read my mind on an example.Just like if they loan me money for a car and it leaks oil or cat converter putting out bad exhaust they responsible.She cant even talk.
Honeybee Fields (hypothetically) if Bank of America was warned before financing the house that the house would potentially serve as a meth lab then absolutely, what’s not to understand here
@@aliyahrenee7668 Agreed. The form for applicants to sign for a mortgage should include a questionnaire that reads Upon receiving the mortgage, is the money going to be used for meth? -if yes, can we have some?
A person passionate about their ideas engages in every opportunity they can to defend those ideas, she's not one of those people for obvious reasons. Every moment of exposure for her needs to be in a controlled environment, like here, in this hearing, because she's really just reading from a script given to her by her brother/handlers. The moment something deviates from the script she begins to act in a panicky way, desperately trying to pull the conversation back to her script. What's sad is the fact there's people actually looking to her as some sort of ideological-figure. That's terrifying. An empty vessel of a person groomed by special interests, her entire public image is completely fabricated by Justice Democrats and people eat this up? Explains a lot about the current shape of American politics. Just cheap.
@@That..Guy.. Every time she speaks some guys get their panties in a wad. I get it, strong women intimidate some men. Then they attack her like they were back on the playground where little boys thought all girls had cooties. It's pathetic.
@@deerobinson557 it’s doesn’t have anything to do with her “strong” nature. I’m actually attracted to women like that, and the ones who are crazy, just like AOC lol. He’ll I’m attracted to AOC. She is just very confident even when she is objectively wrong. Just calling it like I see it, without regards to anything related to femininity.
Somebody please ask her to explain how the fiat dollar @ 2.50 % is responsible for +/- $500 billion interest on 22 trillion, with a deficit of +/- 800 billion. And inflation @ 2%. And is this sustainable. Oh, and who is J. Powell?
At least $174,000.00 of them. It's amazing that we're paying her that amount of money for this kind of nonsense. I doubt she could run a lemonade stand.
In no way is she Grand Standing. She is doing what you and most of her counterparts from both parties don't have the balls to do. They are corrupted by an election system that demands money from and allegiance to big money corporate donors.
Jonathan Langlois nah it’s more like if a drug dealer applies for a home loan and Wells Fargo knows of what might happen by giving out that loan. I don’t agree with her but the logic you’re using is not what she’s saying. Shit we saved all the banks in 2008 they still owe us a ton. But the way she’s going about it is just to prop up her green deal stuff. Which is fine by me if banks pay for it but not tax payers
Ed O how the fuck would Wells Fargo know someone is a drug dealer you sound like a dick head lmao “well my current income is cocaine do I qualify for the loan ??” 😂
Ed O the green deal will be paid by us and it will cost just New York City where she stays 15 billion alone to start so imagine that for each major city in the USA all it will do is stop the poor from being able to get to work because they won’t be able to afford electric cars and the only government assistance that will be given to help people get electric cars is ONLY going to be given when you already buy one it will be 2k credit how about you do some damn research before you blindly follow her plan and yes I’m mad at you and no I will not forgive you for being ignorant because people like you ruin countries
I think everyone here is missing the point. What she was digging for was that very last sentence he said. Banks are funding projects that are risky to the people/environment even though in the beginning he claimed they put people above all, including profits. She was able to get him to admit the truth at the end by asking him specific questions like she did. She’s a lot sharper than I honestly expected.
AOC does not know what she is talking about, The pipeline in question is not even built yet. The leak was from another pipe and it was like 8000 gallons. AOC is so smart, please look up the info.
@@ariesapril4252 And that's the problem! you think she is so smart. Even I know what A tax incentive is, but AOC has a degree in economics, and with her amazon deal said the tax incentive could be better used for the people. Yes waitressing at a taco shop and only getting 14,000 votes gets you into congress, And by your standard, that's a good thing. Nice to know how a democrat thinks.
Glenn Riviere She isn’t a 6th grader, but she is a bartender. I’m only going to my bartender from now on to find out how this country should be run. The “justice democrats” set up a puppet casting and they liked a not-so-bright diverse woman for the job. A background of a struggling citizen seemed to make her more relatable. But do we really want are leaders to be people who cannot succeed in their own lives first? Nothing against a bartender, but if that was the best use of her skills before becoming a leader in the Democratic Party, what does that say about the Democratic Party? Sounds like Wells Fargo invested in companies that made the pipeline. A pipeline that she says is immoral and then jumps off to say Wells Fargo is now financial responsible for every climate erosion. After he calls her out she changes it to ok what about the damage done from the leaking pipe? He calls her bs on that and it changes to, ok let’s theoretically say the pipe does have a major leak, now what? Let’s assume she bans all planes for trains. Let’s say hypothetically one of those trains derails. Is she going to pay for it? Politicians are already hypocritical, but she is amazing. Complains about getting plastic bags at the grocery store and says that she just throws them out because recycling is difficult. You can bring your own bags. If you really think the world ends in 12 years, it’s time to lead by example. She wants to ground planes, but she is flying more than most to get to publicity interviews that will never question her stupidity or hypocrisy.
@@brandonlesko8195 Well, not really. AOC, like the Trump presidency, is a symptom of the broken system. Also, its obvious that climate change is a global issue and would require macro solutions. Expecting 1000s of individuals to make a dent on global CO2 emissions is just insulting your own intelligence. If we had to go to war tomorrow, you wouldn't say every individual should go get their own guns from WalMart. Thats not really an argument. Massive scale problems need massive scale solutions.
Someone is prepping her to ask these questions. She is reading notes fed to her. When he begins to answer with any authority - she jumps to another question because she has no real understanding to continue any substantive discourse. Her delivery may seem thoughtful - but her skimming the surface and moving on belies her ignorance. 🇺🇸☦️
She's a hired actress on behalf of justice Democrats her entire platform is inked on a napkin and given to her. Its why she's able to seem thoughtful at times but off the cuff the nativity pours out of her
@@joesmerksky5919 Not that I care about Wells Fargo. But some context with what they said is key. They could be talking about customer service and satisfaction.
My God that woman is a lunatic! I guess she should have to pay restitution for all the drunk driving wrecks from serving alcohol while she was a bartender.
Bars are often found liable in. the case of drunk driving fatalities, so yes, those laws already are in effect and used often. Check the insurance policies of establishments that serve alcohol. ......Idiots
@@pamdavis00 The people that voted for her understand civics, which is more than I can say for the people who spend their time trying to discredit her. Listen to what other congressmen ask the banks. Hello, is there anything we can do to help you get away with predatory lending ?
@@steveetienne yup, good 'ol chunky yogurt from the group that adopted a historically genocidal name. oh, she also took money from that jolly old man, george soros.
Yeah, I’m surprised that she has a fan base. A politician should be able to sit and defend their position on an issue like a civilized human. Not get on Twitter and slap “racism” and “sexism” on something because she knows she’s screwed.
No, in these things you need to cut them off once you get your answer. Otherwise, they will fill your time so you (in this case AOC) stop asking questions.
4:21 he is right though. You don't get to charge a financier of a company when the company does something wrong. You charge the company who fucked up and made the oil spill. If the bank did not contractually accept that responsibility in the first place then they shouldn't/wouldn't have to pay for the spills. You can't offset those charges to someone else that just incentivizes the builders to do a shitty job because they know if the spill happens then they won't have to fix it or pay for the fix.
@@BrickTamlandOfficial If a bank finances a company which leaks oil into the environment continuously and as part of their business model, yes the bank should be held accountable. Much worse - financing a company which constructs and maintains facilities with cages for children. Yes, personally I believe they (banks) should divorce themselves from that business relationship. It shouldn't be a Democrat or Republican issue. It is a basic humanity issue. Children in cages is bad. Providing any support for that is bad. The fact that many don't seem to understand this is astonishing.
Kalisto children whom committed the crime of coming to this country illegally. Guilty by association of their ignorant parents thinking you can just cross a border and start a new life by snapping their fingers. Little did they know, there's a process called legal immigration that they failed to follow. Thus they're in prison for it. You know, the crime called illegal immigration... Right?
@@randycruz4000 I agree that immigrants should probably try to get here legally. That's not the issue here. It's the inhumane (and illegal) ways the U.S. government is going about dealing with asylum seekers that I (and many others) take issue with. Despite domestic and international legal obligations to protect migrants fleeing persecution and torture, the U.S. government regularly subjects individuals seeking asylum or other forms of protection in the United States to criminal prosecution and incarceration. Migrants who arrive at the U.S. border without proper documentation can be, and often are, subjected to fast-track deportation processes called “expedited removal” or “reinstatement of removal.” In each instance, however, the law requires that these individuals receive a preliminary screening interview with an asylum officer if they express a fear of persecution in their country of origin. Yet along the Southwest border, the government nonetheless subjects individuals fleeing persecution and torture to criminal proceedings under Operation Streamline. This practice violates international law. The United States is a party to the 1951 Refugee Convention, which precludes nations from penalizing individuals requesting protection from persecution or torture in their country of origin. The prosecution of individuals fleeing persecution or torture further harms family members with whom the individual traveled and was apprehended. Spouses are often separated, as are parents from their minor children. These families could be released on bond or placed in other alternatives to detention while their removal process continues. Instead, criminal defense lawyers increasingly have observed federal prosecutions of adult family members for entry-related offenses which result in those family members being sent to a federal prison away from their children. The children are then placed with federal authorities at shelters for unaccompanied minors or in foster homes, while parents receive little or no information about their location and condition. I'm sorry, but criminalizing migrants and/or refugees is simply not an effective deterrent.
@@weefyeet6177 You need to lay off the fox "news" and fear-mongering propaganda for a little while. It's starting to cause some obvious brain rot... A wall is simply not an effective barrier between countries in the 21st century. Especially when no one is considering closing the busiest border crossing in the world, on Highway 5 between Tijuana, Mexico and San Ysidro, California. Fifty thousand vehicles cross the border daily, along with 25,000 pedestrians. Trump speaks of sealing the border. It’s not possible to seal a 2,000-mile border when you leave a gaping hole through which fifty thousand vehicles pass daily, not to mention crossings by planes, boats, drones, tunnels, and extension ladders... Give me a fucking break! Look, if you want a wall so bad why don't you scurry on over to that GoFundMe and pay for it yourselves? You and your fellow paint-chip eating basement dwellers are only a few billion dollars away from achieving your dream. Go get 'em, tiger!
Once again proving that she doesn't know what she is talking about. How embarrassing. Embarrassing for Congress, for the Democrats, the Socialist and for this country.
Sadly you are right. She is a complete idiot. Unfortunately she is well spoken with insane ideas that are unhinged from reality. The Keystone XL is not even constructed yet and she thinks it leaks.
Thats what I think. She has the questions down but she stutters and stammers through the follow-up questions & ends up just asking completely irrelevant questions to follow.
Yeah, she is a complete fraud. Her handlers are the brains behind her campaign. They coach her what her issues are. She's basically reading a script from the research others have done. Guarantee she didn't have anything to do with gathering that info.
I don't like her at all. But isn't every politician effectively ready a script when they question someone in the house? Don't they prepare their questions ahead of time only makes sense. Now with that said; I'm baffled at the idea of her thinking she prepared some really insightful or even useful questions. It was a rambled shit storm of weirdly phrased accusations, that only make her sound dimwitted
Why is she allowed to embarrass the whole country with her ignorant unfounded accusations. Just throwing stuff out there because she has no understanding of what she’s talking about.
Banks financed the cars that ended up in accidents and vehicles used in terror attacks that ended up killing innocent lives. So I guess by her logic the banks should be held liable for that as well.
Lender's liability do exist, banks have been charged with cleanup cost of superfund sites. AOC is stretching on what should be accounted for the but the concept isn't new.
Before I bought my house it had to be inspected right? If there was something wrong with the house the bank could reject my mortgage request due to the risk, just like the risk that was clearly evident in the pipe line but they went in for it anyway, to make a profit. I don't understand why people aren't more upset about this since they would be getting screwed either way. By allowing the financing despite the risk, the bank is basically using your stored money to finance a faulty pipeline. These are the people we trust with our money and they can't even restrain themselves at the prospect of making more money off your money which resulted in massive environmental damage. If banks are held responsible for catastrophes like this maybe they may make better judgment calls before using your money to fund these risky projects. That's he way it should be, what is best for the customer first, not the bank.
Remy N. But if they did their research and determined it was a risk worth taking along side other banks, who likely examined the risk, doesn’t seem to make sense they should be at vault. Any chance at defending her comments about Wells Fargo financing the “caging of children”?
It's simple really, before the bank would finance my mortgage I was contractually obligated to make certain repairs to the banks specifications after their initial inspection because that is within their power to do, to request that I make these repairs. It was also within Wells Fargo's power to request that this project take certain steps to avoid such a situation, in this case they did not enforce it even though they were warned that there was a risk. They accepted this risk therefore they have knowledge before the fact. As for the children in cages, that was a decision from the organization which Wells Fargo does not control, it was not defect related; the pipe was defective. The children in cages has more to do with whom Wells Fargo chooses to do business with and how that affects them press wise. It may be in their best interest not to finance projects like the ones at the border. See the difference?
Not a comparable analogy. A comparable analogy would be if Wells Fargo had prior knowledge that you were planning to use that car to run over someone and kill them, and in that case, yes, I would make the argument that they should be held responsible. That would be analogous to the scenario AOC is painting, where Wells Fargo, as admitted by the CEO at the end of the clip, was willing to take the risk because their team "reviewed" the environmental impact it would have and deemed it positive (aka their profits) enough to overlook the cons (the health of the environment and the people nearby).
she made a mistake during an instagram stream, what a bunch of saddos you constervatives are, jumping on every mistake as well as making the most ridiculous boomer memes also she kicked ass here
MephyBooks hahah you’re literally on every comment salty. Aww are you hurt your idol isn’t everything you hoped she’d be? The sperm swimming in my nuts has more common sense than this woman. She’s all teeth and nothing between the ears. FOR FUCKS SAKE SHE DOESNT EVEN KNOW HOW TO PROPERLY MAKE MAC N CHEESE! You can’t trust someone who doesn’t know how to cook macaroni. She’s a loon and you few thousand people that voted for her should put your tail between your legs and hang your heads in shame. Dumb fucks.
ok lets put it like this, i get drunk and then start driving in the end killing someone and injurying others, is it the bar tender's fault or the alcohol company's fault, or now now this may be a bit crazy, it may have been my fault to do something that i am told not to do. The bank is the bar tender and the company and the oil company is the drunk driver.
She should get us completely out of gas and oil, that’s working well for Europe. And then when she does we should ask her if she’s responsible for rolling black outs and polluted waters from the mining of rare minerals in war torn, 3rd world countries.
And I love her for it, Omar and tleib are going to kill the Democrats isn,t that what you wanted a bunch of dumb feminist running things hahahahahahaha
I know right? This twit is a waste of space in congress. New York needs to elect people with an IQ above that of a potato to congress. They are killing us with their stupid. Why are you financing children to be put in cages? I want just one of the people being asked questions to say "WTF are you talking about and look at me if you are going to smear me, you coward".
This was a highly controversial and public situation that has the ability pollute 1 of the very few aquifers in the world, which means no fresh water to drink, you fucking idiot. No one gives two shits about your piece of shit car.
I think Nikolaus Otto's family should be made to pay for all so-called climate change and disasters from any pipeline or wild fire. This child, I mean woman is a joke.
