LETTER TO THE EDITOR | Sanders is the only one talking about housing

Editor, “The Big Short” might be the best movie of the year. Its topic is certainly the most egregious. The movie is an outrageous, but true account of how four separate businessmen figured out the housing and credit bubble, then reaped billions in profits by betting on America to fail in the late 2000s. Things began to unravel in 2006, but in 2008 when the dam broke, our economy descended into a downward spiral that nearly took the global economy down with it. And we have yet to really get out of it.

Editor,

“The Big Short” might be the best movie of the year. Its topic is certainly the most egregious. The movie is an outrageous, but true account of how four separate businessmen figured out the housing and credit bubble, then reaped billions in profits by betting on America to fail in the late 2000s.

Things began to unravel in 2006, but in 2008 when the dam broke, our economy descended into a downward spiral that nearly took the global economy down with it. And we have yet to really get out of it.

The too-big-to-fail banks eagerly bundled millions of sub-prime mortgages, then sold these bonds to investors knowing the whole system would collapse. I believe the financial services sector was responsible for the 8 million lost jobs, the 5 million foreclosed homes, but they also must have been laughing their asses off when the American taxpayers bailed them out, because they took the taxpayers’ money and gave themselves bonuses and took holidays. Remember AIG?

And why is Bernie Sanders the only presidential candidate addressing the housing crisis and financial meltdown orchestrated by Wall Street bankers? You bet I’m endorsing Bernie for president.

PEGGY KIMBELL

Clinton