Today's news from Sen. Bernie Sanders (I-Vt.): 

Banks Bailed Out by Taxpayers Dodge Taxes: On Moyers & Company on PBS this weekend, economist Richard Wolff says he learned a few days ago – “and I got it actually from senator Bernie Sanders from Vermont – that during the very years 2009, '10, '11, when the federal government was basically bailing out the biggest banks in the United States, they were busily establishing or operating subsidiaries in the Cayman Islands, in the Caribbean, in order to evade taxes.”

Climate Change: Senate environment committee Chairman Barbara Boxer is pushing climate change legislation with Sen. Sanders. “She declines to admit the obvious: That the measure is dead on arrival in the GOP-controlled House and even faces grim prospects of seeing the light of day on the Democratic-controlled Senate floor. She insists the legislation serves a purpose nonetheless. ‘You want to have a bill out there that people can rally around,’” Boxer told National Journal. 

Global Warming: Legislation by Sens. Sanders and Boxer amounts to “an environmentalist’s wish list,” Alex Seitz-Wald wrote for Salon. Their proposal would put a price on carbon, regulate fracking, invest in green energy technology “and thus is probably little more than a sacrificial lamb so that Obama can move on to phase two: executive action.” Farron Cousins blogged for Ring of Fire about a boast by the oil industry’s top lobbyist that the bill is doomed. “The American Petroleum Institute wields a lot of power in Washington, and if Jack Gerard says that a bill won’t see the light of day, he means it.” 

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