Wednesday, March 02, 2016

Bernie Sanders Wins Colorado

He also won in Vermont, Oklahoma and Minnesota. The Vermont senator is locked in a close race in Massachusetts which has 91 delegates to award. Sanders was behind Clinton 48% to 50.5% when the AP called the race at midnight. Sanders will get about half of those pledged delegates. Compared to Clinton's wins in seven states, it could be the writing on the wall for the Sanders anti-establishment campaign since the Clinton corporate team appears to have an insurmountable lead particularly among super-delegates (she has the support of an estimated one-half of the total delegates needed to win the nomination), but Sanders' performance among Latinos in Colorado and his ability to raise a record $42 billion in small donations gives cause to continue his unlikely quest for the White House.

Clinton may beat Trump in the general election, but it will be an unpopular administration in debt to the corporate Money Power. Clinton's negatives are almost as high as the Donald's. Only an economic catastrophe--the 'Second Great Depression'--will impel more Americans to the political left, making a socialist federal government possible here. According to economic experts that future may not be far off. A chairman of the OECD (Organization of Economic Cooperation and Development) stated at the recent Davos confab of the rich and fabulous that, “The situation is worse than it was in 2007.” William White warned this time around the world’s central banks will not be in a position to bail out the financial markets. “Our macroeconomic ammunition to fight downturns is essentially all used up,” he told attendees.