Daily PUMA Column - Commentary by Alessandro Machi

Friday, March 11, 2016

Bernie Sanders Personal Credit Card Debt is a Con you should not Fall for.

Bernie Sanders has been making over 150,000 dollars a year as a politician for the past 20 years. His wife Jane Sanders was probably making at least 100,000 dollars a year at Burlington College as college president. Would it not be safe to say for at least a 7 year window of time, and presumably longer because people don't generally go from unemployment to 100,000 dollar a year jobs, that the Sanders were making 250,000 dollars a year, the Equivalent of 1,000 dollars A DAY (not counting Saturdays and Sundays) for anywhere from 7 to 15 years.

If you agree that the evidence above shows that the Sanders were making a thousand dollars a day for a stretch of 7 to 10 to maybe 15 years, then why does Bernie Sanders have between 20,000 to 50,000 dollars worth of credit card debt? 


In my opinion the Bernie Sanders credit card debt is a Carny trick. Bernie Sander's credit card debt creates the illusion that he is broke and has credit card debt like the common man or woman. If Bernie Sanders and his wife were making 1,000 dollars a day for a decade or longer, why does Bernie Sanders have any credit card debt at all? 

Bernie  Sander's credit card debt is a con and is a much bigger deal than it may seem because Mr. Sanders has chosen to pay the banks 5,000 dollars to 10,000 dollars a year in non-deductible credit card interest rate charges rather than pay off his credit card debt and use the MONEY SAVED every year by no longer having credit card interest rate charges to help fund several dozen non-profit groups instead at no additional cost to himself! 

If Mr. Sanders had no credit card debt he could take the yearly 5,000 to 10,000 dollars in credit card interest rate charges he is currently paying and start donating that interest payment money to 25 to 50 different charitable causes that ask for 19 dollars every month to help a war veteran, a child with cancer, abused animals, and so forth. 

Mr. Sanders has instead chosen to "Carny" his credit card debt for maximum political advantage and in the process has basically blown off helping 25 to 50 charitable organizations on a monthly basis with all that credit card debt interest rate money he has instead been paying to the banks year after year. Even if he is already giving to charities, Bernie Sanders has blown off helping an ADDITIONAL 25 to 50 charities on a monthly basis and instead is giving that same money to the banks in the form of credit card interest rate charge payments.

There is no stretch here, it's either keep credit card debt for political advantage and therefore keep paying thousands of dollars in interest rate charges every year, or pay off  the credit card debt and use the yearly savings of 5,000 to 10,000 dollars in credit card interest rate charges to help several dozen "in need" people and animals through various non profit groups, on a monthly basis. Mr. Sanders has chosen a credit card debt ruse to enamor him with his supporters. This is just plain sleazy.

Mr. Sanders, why have you chosen to keep paying the banks thousands of dollars in yearly interest rate charges on credit card debt rather than paying off your credit card debt and then donating the annual savings in credit card interest rate charges to dozens of non-profits that help the truly needy when you and your wife have been making a thousand dollars a day for a span of 7 to 15 years worth of time?

If Bernie Sanders is unwilling to pay off his own credit card debt and use the saved credit card interest rate charge payments to help the needy, why should the rest of us accept higher taxes to do what he refuses to do when it would not have cost him one penny more to do it?




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